4502 East Washington Street

Indianapolis, IN 46201

$234,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This well maintained corner lot property features a fully occupied, Multifamily Triplex, making it a fantastic investment opportunity. Located in the Bosart Brown neighborhood, this Triplex offers three spacious rental Units, each with its own unique charm and functional Layout. Enjoy the convenience of ample Parking with multiple Spaces available on site. This property sits in a prime location, offering easy and quick access to local amenities, parks, transportation hubs, and major roadways. With...This well maintained corner lot property features a fully occupied, Multifamily Triplex, making it a fantastic investment opportunity. Located in the Bosart Brown neighborhood, this Triplex offers three spacious rental Units, each with its own unique charm and functional Layout. Enjoy the convenience of ample Parking with multiple Spaces available on site. This property sits in a prime location, offering easy and quick access to local amenities, parks, transportation hubs, and major roadways. With a steady Rental Income and Occupancy Rate, this property presents a profitable real estate portfolio.
  1. Listed by Chris Price • Keller Williams Indy Metro S • chrisprice@indypropertysource.com
  2. Listed by Billy Prather • Keller Williams Indy Metro S

Property Details for 4502 East Washington Street

Architectural Style
Farmhouse, TraditonalAmerican
Subdivision Name
Tuxedo Park
Township
Center
Waterfront
No
Zoning
R1
LISTING UPDATED: 12/10/2024 09:13 AM

Property Details for 4502 East Washington Street

StatusPending
MLS #22011967
Days on Market20
Taxes$1,152 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyMarion County

Building Information for 4502 East Washington Street

Stories-Residences3Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 4502 East Washington Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 4612
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: Neighborhood, Trees/Woods
  • View: Yes
Taxes and HOA Information
  • Parcel Number: 491004119041000101
  • Semi Annual Property Tax Amt: 1152
  • Tax Year: 2023
  • TaxLot: 1
School Information
  • Elementary School: Ralph Waldo Emerson School 58
  • Middle Or Junior School: H L Harshman Middle School
  • School District: Indianapolis Public Schools
Parking
  • Garage Spaces: 0.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt>20
  • Gross Area SQFT: 2058
  • Lot Description: City Lot, Corner Lot, Not In Subdivision, Sidewalks, Mature Trees, See Remarks, Other
  • Lot Size Square Feet: 5184.0
  • Lot Size Acres: 0.12
  • New Construction: False
  • Possible Use: Apt>20
  • Structure Type: Triplex
  • Year Built Numeric: 1900
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • DPRYN: Yes
  • Legal Subdivision: Tuxedo Park Add L1 B6
  • Photos Count: 7
  • Property Attached: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Web Link: www.BillyTheIndyPropertySource.com
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Exterior Features: Not Applicable
  • Roof: Shingle
  • Fencing: Fence Full Rear
Interior Features
  • Basement YN: Yes
  • Levels: One and One Half
  • Laundry Features: Connections Some
  • Multi Baths: 1
  • Multi Beds: 1
Multi Family
Multi-Family Information
  • Total Units: 3
  • Garage Parking: On Street
Income & Expenses
  • Expenses: 0
  • Net Operating Income: $.00
  • Gross Income: $2,930.00
Unit 1
  • Unit Kitchen: 13X06
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 12x10
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Kitchen: 17X13
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom

Property History for 4502 East Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4502 East Washington Street

Taxable ValueLand$6,900Additions$90,200Total$97,100
Tax Record2023$2,303 ($192 / month)
Home Facts
Total Finished SqFt2,058 SqFtAbove Grade Finished SqFt2,058 SqFtStories2Lot Size5,184 SqFtStyleDuplexYear Built1900ZoningZO01CountyMARIONAPN49-10-04-119-041.000-101

Schools near 4502 East Washington Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ralph Waldo Emerson School 58
PublicPK to 6

Arlington Community Middle School
Public7 to 8

Arsenal Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Indy Metro S

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.