642 Arbor Avenue

Indianapolis, IN 46221

$175,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Calling all investors! This quadruplex has 2 units with 2 bedroom, 1 bath and the other 2 units are 1 bedroom, 1 bath. 3 of the units are currently occupied, 1 is vacant and active on the market for rent.Calling all investors! This quadruplex has 2 units with 2 bedroom, 1 bath and the other 2 units are 1 bedroom, 1 bath. 3 of the units are currently occupied, 1 is vacant and active on the market for rent.
  1. Listed by Edwin Watson • Triple E Realty, LLC • edwin@3epropertymgt.com

Property Details for 642 Arbor Avenue

Architectural Style
TraditonalAmerican
Subdivision Name
Mccartys
Township
Center
Zoning
ZO01
LISTING UPDATED: 11/23/2024 10:19 AM

Property Details for 642 Arbor Avenue

StatusActive
MLS #22011763
Days on Market4
Taxes$1,056 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1980
Lot Size0.11 AC / 4,791 SF
CountyMarion County

Building Information for 642 Arbor Avenue

Stories-Residences4Year Built1980Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 642 Arbor Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46221
  • Postal Code Plus4: 1248
  • Road Access: Access Rd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491110125035000101
  • Semi Annual Property Tax Amt: 1056
  • Tax Year: 2023
  • TaxLot: 0
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage Spaces: 0.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Gross Area SQFT: 2760
  • Lot Description: Access
  • Lot Size Square Feet: 4922.0
  • Lot Size Acres: 0.11
  • New Construction: False
  • Structure Type: Quadruplex
  • Year Built Numeric: 1980
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Mc Cartys 12th W Side Add L596
  • Photos Count: 36
  • Property Attached: Yes
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Sewer,Water
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Brick
  • Roof: Asphalt
Interior Features
  • Basement YN: Yes
  • Cooling: Central Electric
  • Levels: Two
  • Laundry Features: No Laundry Facil.
Multi Family
Multi-Family Information
  • Total Units: 4
  • Garage Parking: On Street
Income & Expenses
  • Expenses: 0
  • Gross Income: $2,980.00
Unit 1
  • Unit Kitchen: 108
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 108
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Unit 3
  • Unit Kitchen: 108
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 4
  • Unit Kitchen: 108
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom

Property History for 642 Arbor 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 642 Arbor Avenue

Taxable ValueLand$2,400Additions$86,600Total$89,000
Tax Record2023$2,111 ($176 / month)
Home Facts
Total Finished SqFt2,760 SqFtAbove Grade Finished SqFt2,760 SqFtStories2Lot Size4,922 SqFtStyleTriplexYear Built1980ZoningZO01CountyMARIONAPN49-11-10-125-035.000-101

Schools near 642 Arbor 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 - 7 to 8
Rating
School
Distance
William Penn School 49
PublicPK 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.

Similar Homes

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642 Arbor Avenue is a multi-family home for sale in Indianapolis, IN 46221. This property was listed for sale on November 21, 2024 by Triple E Realty, LLC, it's currently listed at $175,000. It has been on the market for a total of 4 days and was last sold on August 31, 2021. This listing's school district is Indianapolis Public Schools. Nearby schools include William Penn School 49, Arsenal Technical High School and George Washington Community High School (9-12). 642 Arbor Avenue is a 0-bed, 0-bath, multi-family home built in 1980.

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 Triple E Realty, 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.