926 North Tuxedo Street

Indianapolis, IN 46201

$249,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Price improved! Welcome to your next investment gem located in the thriving near eastside of Indianapolis! This great remodeled duplex presents an ideal turnkey opportunity for discerning investors and house hackers seeking stable rental income with a potential for long term appreciation. Renovated just a few years ago, this duplex offers two spacious units, each with 3 bedrooms, 1 bathroom, and a generous 1232 square feet of living space. Additionally, both units feature full unfinished basements...Price improved! Welcome to your next investment gem located in the thriving near eastside of Indianapolis! This great remodeled duplex presents an ideal turnkey opportunity for discerning investors and house hackers seeking stable rental income with a potential for long term appreciation. Renovated just a few years ago, this duplex offers two spacious units, each with 3 bedrooms, 1 bathroom, and a generous 1232 square feet of living space. Additionally, both units feature full unfinished basements with laundry hookups, providing added convenience and storage options. Currently one side is occupied (926) and one is vacant, making this property a great option for both investors and house hacking owner occupants. The occupied side has a gross rent of $1150 per month, and the other unit could most likely get $1200-1300 or much more if section 8. Tenants are responsible for all utilities and the property is under professional management, streamlining operations and expenses for the owner. Moreover, with downtown Indianapolis just a quick 10-minute drive away, residents enjoy easy access to urban amenities, employment opportunities, and entertainment options. Situated amidst a backdrop of ongoing development, this duplex is strategically positioned to capitalize on the area's growth and appreciation potential. Don't miss out on this prime opportunity to secure a turnkey rental property near downtown Indianapolis! Property sold as-is.
  1. Listed by Peter Stewart • Keller Williams Indpls Metro N • peter@peterstewartrealty.com

Property Details for 926 North Tuxedo Street

Architectural Style
TraditonalAmerican
Subdivision Name
Adams George F
Township
Center
Waterfront
No
LISTING UPDATED: 11/07/2024 10:27 AM

Property Details for 926 North Tuxedo Street

StatusActive
MLS #21977680
Days on Market173
Taxes$2,501 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1910
Lot Size0.16 AC / 6,969 SF
CountyMarion County

Building Information for 926 North Tuxedo Street

Stories-Residences2Year Built1910Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 926 North Tuxedo Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 2549
  • Road Access: Frontage Road
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 491005223010000101
  • Semi Annual Property Tax Amt: 2501
  • Tax Year: 2023
  • TaxLot: 32
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: No Utilities
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Description: Curbs, Sidewalks, Mature Trees
  • Lot Size Square Feet: 6795.0
  • Lot Size Acres: 0.16
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1910
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: GEORGE F ADAMS ADD B11 L32
  • Photos Count: 29
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Web Link: www.926NTuxedo.com
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Foundation Details: Block
  • Roof: Asphalt
Interior Features
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: Central Electric
  • Heating: Forced Air
  • Levels: Two
  • Laundry Features: In Basement
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: Unpaved
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 150
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Kitchen: 150
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 926 North Tuxedo 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 926 North Tuxedo Street

Taxable ValueLand$5,900Additions$211,600Total$217,500
Tax Record2023$5,159 ($430 / month)
Home Facts
Total Finished SqFt1,232 SqFtAbove Grade Finished SqFt1,232 SqFtStories2Lot Size6,795 SqFtStyleDuplexYear Built1910Year Renovated2006ZoningZO01CountyMARIONAPN49-10-05-223-010.000-101

Schools near 926 North Tuxedo 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
Brookside School 54
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.

Similar Homes

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926 North Tuxedo Street is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on May 8, 2024 by Keller Williams Indpls Metro N, it's currently listed at $249,900. It has been on the market for a total of 173 days and was last sold on January 19, 2022. This listing's school district is Indianapolis Public Schools. Nearby schools include Brookside School 54, Arlington Community Middle School and George Washington Community High School (9-12). 926 North Tuxedo Street is a 0-bed, 0-bath, multi-family home built in 1910.

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 Indpls Metro N

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.