Sold48d on marketHistoric · 106 yrs
5021 Orion Ave
Indianapolis, IN, 46201 • Christian Park • Marion County
$220,000
4Beds
2Baths
0.07 acLot
1920Built
Property DNA
Other Style
Built 1920 · 106 years of history
Latonia Park
Christian Park
This home is getting attention
Listed 48 days ago · 22 views
Market activity
Demand and pricing signals for this listing
22 views
People checking out this listing
48 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 43% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1920 · Historic
Discover a rare investment opportunity just minutes from downtown Indianapolis at 5021 Orion Avenue. Perfectly positioned near the Christian Park and historic Irvington corridor, this updated duplex blends convenience and flexibility in one desirable package. Located less than 15 minutes from Monument Circle and just steps from the bus line, this property offers convenient urban access and convenience whether you're a seasoned investor or a first-time homebuyer looking to house hack. Each side of this duplex features two bedrooms and one full bath, with bright, spacious living areas, modern kitchens, and updated finishes throughout. The floorplans are nearly identical, offering efficient use of space and a comfortable flow from room to room. Both units have been thoughtfully improved with newer flooring, refreshed kitchens and bathrooms, and updated electrical and plumbing systems for peace of mind and reduced maintenance costs. The fenced yard provides private outdoor space-perfect for tenants, pets, or anyone who enjoys a little green space near the city. The left side of the property is currently tenant-occupied, providing immediate rental income for the next owner. Tenant rights apply, while the right side is vacant and ready for occupancy. This makes the property ideal for anyone looking to live in one unit while renting out the other, or for investors seeking a fully leased duplex with strong long-term potential. Turnkey duplexes like this are rare in this area, especially those that have already been updated and are ready to generate income from day one. Whether you're building your portfolio or searching for a smart first home that helps pay for itself, 5021 Orion Avenue offers both immediate value and long-term upside. Updated, well-located multi-family properties near the city center are becoming increasingly hard to find and this one stands out as a truly turnkey opportunity.
Standout features identified
Our analysis highlights updated duplex, modern kitchens, and updated finishes throughout as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,443/month
Principal & Interest$1,150
Property Tax$220
Insurance$73
Down payment20% ($44,000)
3%50%
Est. 6.82% rate · 30yr fixed · $176,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1920
HeatingForced Air
CoolingCentral Air
ParkingNo Data
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
StyleOther
Year built1920
Stories2
Systems
HeatingForced Air
CoolingCentral Air
ConstructionBlock
Parking & Outdoor
BasementUnfinished
FencingFenced,Privacy
Lot3,049 sqft
Location & Tax
NeighborhoodChristian Park
Annual tax$2,476
Parcel491009159034000101
Features & details
6 categories of property features
Interior Features
Heating
Forced Air
Cooling
Central Air
Laundry
In Basement
Exterior Features
Construction
Block
Lot Features
Access
Curbs
Sidewalks
Security
Smoke Detector(s)
Listing insights
Market data and value estimates
StatusSold
Days on market48
Est. value$220,400
Est. rent$952/mo
Tax rate0.96%
On marketJan 7, 2026
PostedJan 7, 2026
Last sold$220,000
MLS statusSold
MLS updatedFeb 21, 2026
Tour days6
Views22
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46201
Price history
17 events
DateEventPrice$/sqftSource
Feb 20, 2026Sold$220,000—MIBOR as distributed by MLS GRID
Jan 15, 2026Pending Sale$240,000—MIBOR as distributed by MLS GRID
Jan 7, 2026Listed For Sale$240,000—MIBOR as distributed by MLS GRID
Nov 3, 2025Listing Removed$1,050—Zillow Rentals
Oct 6, 2025Listed For Rent$1,050—Zillow Rentals
Nov 6, 2021Listing Removed——Zillow Rental Manager
Oct 24, 2021Listed For Rent$950—Zillow Rental Manager
Dec 4, 2019Listing Removed$925—LeaseRunner
Dec 3, 2019Listed For Rent$925—LeaseRunner
May 3, 2019Sold$77,400—Public Record
Jul 14, 2017Listing Removed$575—Zillow Rental Manager
Jul 5, 2017Listed For Rent$575—Zillow Rental Manager
Sep 4, 2014Listing Removed$550—SBHInc.managebuilding.com
Jun 23, 2014Listed For Rent$550—SBHInc.managebuilding.com
Feb 18, 2014Sold$8,500—Public Record
Jan 28, 2014Listed For Sale$16,900—Puma Properties, LLC
Nov 21, 2005Sold$25,000—MIBOR as distributed by MLS GRID
Sold$220,000
Feb 20, 2026•MIBOR as distributed by MLS GRID
Pending Sale$240,000
Jan 15, 2026•MIBOR as distributed by MLS GRID
Listed For Sale$240,000
Jan 7, 2026•MIBOR as distributed by MLS GRID
Listing Removed$1,050
Nov 3, 2025•Zillow Rentals
Listed For Rent$1,050
Oct 6, 2025•Zillow Rentals
Listing Removed—
Nov 6, 2021•Zillow Rental Manager
Listed For Rent$950
Oct 24, 2021•Zillow Rental Manager
Listing Removed$925
Dec 4, 2019•LeaseRunner
Listed For Rent$925
Dec 3, 2019•LeaseRunner
Sold$77,400
May 3, 2019•Public Record
Listing Removed$575
Jul 14, 2017•Zillow Rental Manager
Listed For Rent$575
Jul 5, 2017•Zillow Rental Manager
Listing Removed$550
Sep 4, 2014•SBHInc.managebuilding.com
Listed For Rent$550
Jun 23, 2014•SBHInc.managebuilding.com
Sold$8,500
Feb 18, 2014•Public Record
Listed For Sale$16,900
Jan 28, 2014•Puma Properties, LLC
Sold$25,000
Nov 21, 2005•MIBOR as distributed by MLS GRID
Tax history
16 years of records
YearTax paidAssessed value
Apr 10, 2024$2,436$104,300
Apr 10, 2023$2,307$102,700
Apr 10, 2022$2,000$97,700
Apr 10, 2021$1,818$86,700
Apr 10, 2020$1,697$78,500
Apr 10, 2019$1,570$71,900
Apr 10, 2018$1,336$65,900
Apr 10, 2017$1,343$59,900
Apr 10, 2016$1,240$57,100
Apr 10, 2014$1,222$56,500
Apr 10, 2013$478$56,500
Apr 10, 2012$478$55,700
Apr 10, 2011—$47,900
Apr 10, 2010$1,001$47,900
Apr 10, 2009$1,025$47,900
Apr 10, 2007—$51,400
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 2026-04-10 03:53:07 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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