58 North Addison Street

Indianapolis, IN 46222

$415,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

INVESTMENT ALERT: Come check out Indy's Newest Construction Multi-Unit Home Builder! This is an Existing structure, currently under COMPLETE Rebuild as a Vertical 2-Unit property - Perfect for an owner occupant with cash flow potential in the 2nd unit or portfolio builder for investors! Builder utilizes LVP, granite countertops & LED Lighting throughout. Reach out today to schedule an appointment, tour our builds and review lot availability & building specs!INVESTMENT ALERT: Come check out Indy's Newest Construction Multi-Unit Home Builder! This is an Existing structure, currently under COMPLETE Rebuild as a Vertical 2-Unit property - Perfect for an owner occupant with cash flow potential in the 2nd unit or portfolio builder for investors! Builder utilizes LVP, granite countertops & LED Lighting throughout. Reach out today to schedule an appointment, tour our builds and review lot availability & building specs!
  1. Listed by Jade McGillem • Neu Real Estate Group • Jade@neurealestategroup.com

Property Details for 58 North Addison Street

Subdivision Name
West Park
Township
Wayne
Zoning
D5
LISTING UPDATED: 01/16/2025 10:23 AM

Property Details for 58 North Addison Street

StatusActive
MLS #22016961
Days on Market65
Taxes$1,700 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1930
Lot Size0.12 AC / 5,227 SF
CountyMarion County

Building Information for 58 North Addison Street

Stories-Residences2Year Built1930Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 58 North Addison Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46222
  • Postal Code Plus4: 3786
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491104174020000901
  • Semi Annual Property Tax Amt: 1700
  • Tax Year: 2023
  • TaxLot: 9016443
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential, Vacant
  • Lot Size Square Feet: 5227.0
  • Lot Size Acres: 0.12
  • New Construction: False
  • Possible Use: Residential
  • Year Built Numeric: 1930
  • Living Area Source: Plans
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • DPRYN: Yes
  • Legal Subdivision: West Park 2nd Sec L236
  • 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
  • Garage Parking: 2 Car Space
Income & Expenses
  • Expenses: 0
  • Gross Income: $3,600.00
Unit 1
  • Unit Kitchen: 104
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly

Property History for 58 North Addison 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 58 North Addison Street

Taxable ValueLand$4,100Additions$139,200Total$143,300
Tax Record2023$3,399 ($283 / month)
Home Facts
Beds5Baths1.5Total Finished SqFt2,548 SqFtAbove Grade Finished SqFt2,548 SqFtStories2Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1930CountyMARIONAPN49-11-04-174-020.000-901Fireplace TypeMasonry

Schools near 58 North Addison Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Impact Academy
PublicK to 12

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.

Similar Homes

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Similar Sold Homes

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58 North Addison Street is a multi-family home for sale in Indianapolis, IN 46222. This property was listed for sale on January 2, 2025 by Neu Real Estate Group, it's currently listed at $415,000. It has been on the market for a total of 65 days and was last sold on November 30, 2017. This listing's school district is Indianapolis Public Schools. Nearby schools include Impact Academy, George Washington Community High School (7-8) and George Washington Community High School (9-12). 58 North Addison Street 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 Neu Real Estate Group

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.