4837 North College Avenue

Indianapolis, IN 46205

$499,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Terra Real Estate is proud to bring to market a 3-property, 6-unit duplex portfolio in the robust Meridian-Kessler neighborhood in Indianapolis. All properties have been fully renovated within the last few years. Property addresses include: 5262/5264 N College Ave: 3 Beds/1.5 Bath each side (Fully Leased)...5234/5236 N College Ave: 3 Bed/1.5 Bath each side...4837/4839 N College Ave: 2 Bed/ 1 Bath each side (Fully Leased)Terra Real Estate is proud to bring to market a 3-property, 6-unit duplex portfolio in the robust Meridian-Kessler neighborhood in Indianapolis. All properties have been fully renovated within the last few years. Property addresses include: 5262/5264 N College Ave: 3 Beds/1.5 Bath each side (Fully Leased)...5234/5236 N College Ave: 3 Bed/1.5 Bath each side...4837/4839 N College Ave: 2 Bed/ 1 Bath each side (Fully Leased)
  1. Listed by Mike Cole • Terra Real EState, LLC • mikecole2@gmail.com

Property Details for 4837 North College Avenue

Subdivision Name
Meridian Kessler
Township
Washington
LISTING UPDATED: 11/12/2024 08:10 AM

Property Details for 4837 North College Avenue

StatusActive
MLS #22010618
Days on Market12
Taxes$1,839 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1930
Lot Size0.14 AC / 6,098 SF
CountyMarion County

Building Information for 4837 North College Avenue

Stories-Residences2Year Built1930Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 4837 North College Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46205
  • Postal Code Plus4: 1963
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490612150191000801
  • Semi Annual Property Tax Amt: 1839
  • Tax Year: 2023
  • TaxLot: 49-06-12-150-191.000-801
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage Spaces: 1.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Multi-Family
  • Lot Size Square Feet: 6098.0
  • Lot Size Acres: 0.14
  • New Construction: False
  • Year Built Numeric: 1930
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Northcroft L26
  • Photos Count: 4
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 0
  • Gross Income: $2,600.00
Unit 1
  • Unit Kitchen: 1
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly

Property History for 4837 North College Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4837 North College Avenue

Taxable ValueLand$38,900Additions$116,200Total$155,100
Tax Record2023$3,679 ($307 / month)
Home Facts
Baths1Total Finished SqFt1,064 SqFtAbove Grade Finished SqFt1,064 SqFtStories2Lot Size6,098 SqFtStyleDuplexYear Built1930Year Renovated1952CountyMARIONAPN49-06-12-150-191.000-801

Schools near 4837 North College Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 8
Rating
School
Distance
James Whitcomb Riley School 43
PublicPK to 8

Arsenal Technical High School
Public9 to 12

Edison School of the Arts 47
PublicK to 8

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.

Similar Homes

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4837 North College Avenue is a multi-family home for sale in Indianapolis, IN 46205. This property was listed for sale on November 5, 2024 by Terra Real EState, LLC, it's currently listed at $499,000. It has been on the market for a total of 12 days and was last sold on September 18, 2020. This listing's school district is Indianapolis Public Schools. Nearby schools include James Whitcomb Riley School 43, George Washington Community High School (9-12) and Arsenal Technical High School. 4837 North College Avenue is a 0-bed, 0-bath, multi-family home built in 1930.

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 Terra Real EState, LLC

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.