For Sale266d on marketHistoric · 106 yrs
301 E Southern Ave
Indianapolis, IN, 46225 • Garfield Park • Marion County
$205,000
Down payment assistance available
6Beds
4Baths
0.25 acLot
1920Built
Property DNA
Traditional Style
Built 1920 · 106 years of history
No Subdivision
Garfield Park
This home is getting attention
Listed 266 days ago · 1,942 views · 107 saves
Market activity
Demand and pricing signals for this listing
1,942 views
People checking out this listing
107 saves
Buyers have saved this home
266 days on market
Established listing
About this home
Multi Family · Built 1920 · Historic
Don't miss this exceptional duplex located in the highly desirable Garfield Park area! With significant investment and revitalization efforts underway, this is a prime opportunity to secure a property in a flourishing neighborhood. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side out. This duplex is currently occupied by tenants who are on a month-to-month lease, providing $1,950 total/month, with market rent potential of $2,420 total/month. Addresses are 301 and 303 E Southern Ave. Recent updates to the property include a newer roof, fresh paint, modern light fixtures, updated appliances, and renovated kitchen and bathroom, ensuring it's attractive to tenants and requires minimal upkeep. Located conveniently on the west side, this property offers easy access to a variety of amenities, including schools, parks, and shopping centers. Enjoy seamless connectivity to S Meridian St, Raymond St, Madison Ave, and highways I-70/65. Major employment hubs such as 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis are just a short commute away, enhancing the property's desirability.
Standout features identified
Our analysis highlights modern light fixtures, renovated kitchen, and fresh paint as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,346/month
Principal & Interest$1,072
Property Tax$205
Insurance$68
Down payment20% ($41,000)
3%50%
Est. 6.83% rate · 30yr fixed · $164,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1920
HeatingForced Air, Natural Gas
ParkingNo Data
Days on Zillow266 Days
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
StyleTraditional
ConditionUpdated/Remodeled
Year built1920
Stories2
Systems
HeatingForced Air, Natural Gas
RoofAsphalt
ConstructionWood Siding
Parking & Outdoor
BasementUnfinished
Lot0.25 Acres
Location & Tax
NeighborhoodGarfield Park
Annual tax$4,472
Parcel491124131028000101
Features & details
2 categories of property features
Interior Features
Heating
Forced Air
Natural Gas
Exterior Features
Construction
Wood Siding
Listing insights
Market data and value estimates
StatusFor Sale
Days on market266
Est. rent$1,458/mo
Tax rate0.96%
On marketJul 16, 2025
PostedJul 16, 2025
Last sold$7,900
MLS statusActive
MLS updatedMar 12, 2026
Tour days9
Views1,942
Favorites107
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46225
Price history
9 events
DateEventPrice$/sqftSource
Jul 16, 2025Listed For Sale$205,000—MIBOR as distributed by MLS GRID
Mar 24, 2021Listing Removed——Owner
May 17, 2015Listing Removed$650—Owner
Apr 16, 2015Listed For Rent$650—Owner
Sep 2, 2014Listing Removed$600—Owner
Aug 18, 2014Listed For Rent$600—Owner
Aug 28, 2012Listing Removed$62,000—360 Realty
Feb 29, 2012Listed For Sale$62,000—360 Realty
Dec 12, 2011Sold$7,900—Public Record
Listed For Sale$205,000
Jul 16, 2025•MIBOR as distributed by MLS GRID
Listing Removed—
Mar 24, 2021•Owner
Listing Removed$650
May 17, 2015•Owner
Listed For Rent$650
Apr 16, 2015•Owner
Listing Removed$600
Sep 2, 2014•Owner
Listed For Rent$600
Aug 18, 2014•Owner
Listing Removed$62,000
Aug 28, 2012•360 Realty
Listed For Sale$62,000
Feb 29, 2012•360 Realty
Sold$7,900
Dec 12, 2011•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 9, 2024$4,274$173,800
Apr 9, 2023$4,472$180,200
Apr 9, 2022$3,673$189,400
Apr 9, 2021$3,325$159,200
Apr 9, 2020—$143,600
Apr 9, 2019$369$15,500
Apr 9, 2018$376$15,500
Apr 9, 2017$396$14,700
Apr 9, 2016$297$13,900
Apr 9, 2014$275$12,700
Apr 9, 2013$299$12,700
Apr 9, 2012$299$13,100
Apr 9, 2011—$20,200
Apr 9, 2010$425$20,200
Apr 9, 2009$1,123$52,500
Apr 9, 2007—$58,800
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 20:28:05 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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