Sold726d on marketHistoric · 106 yrs
403 E Morris St
Indianapolis, IN, 46225 • Near Southside • Marion County
$420,000
5Beds
4Baths
0.14 acLot
1920Built
Property DNA
Downtown Views
Downtown
Character Home
Built 1920 · 106 years of history
Vajens Subdivision
Near Southside
Market activity
Demand and pricing signals for this listing
13 views
People checking out this listing
726 days on market
Established listing
About this home
Multi Family · Built 1920 · Historic
Explore an outstanding investment in Bates Hendricks! This fully updated duplex, just south of Lilly Campus, is an ideal opportunity for homeowners and investors. Live in one unit and rent out the other or maximize returns by leasing both. Each of the two units boasts three bedrooms, two baths, and contemporary amenities such as new flooring, fresh paint, upgraded fixtures, and modern appliances. New HVAC, in-unit laundry, spacious rooms, and updated windows enhance the property's value. Recent upgrades include a 2020 roof replacement for added durability. Outside enjoy a fenced yard, garage, storage, ample parking, and stunning downtown Indy views. Unit 1 is leased through July 2024, ensuring a steady income. Unit 2 is vacant and offers potential for extra living space. Don't miss this unique investment with a perfect blend of modern living and financial opportunity.
Standout features identified
Our analysis highlights extra living space, modern living, and modern appliances as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,631/month
Principal & Interest$2,071
Property Tax$420
Insurance$140
Down payment20% ($84,000)
3%50%
Est. 6.26% rate · 30yr fixed · $336,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1920
Parking2 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
Year built1920
Stories2
Systems
ConstructionVinyl With Brick
Parking & Outdoor
ParkingDetached
Garage2 spaces
Lot6,098 sqft
Location & Tax
NeighborhoodNear Southside
Zoning0
Annual tax$10,680
Parcel491113200001000101
Features & details
6 categories of property features
Interior Features
Laundry
Connections All
Exterior Features
Parking
Detached
Construction
Vinyl With Brick
Lot Features
Access
Security
Smoke Alarm
Views
Downtown
Listing insights
Market data and value estimates
StatusSold
Days on market726
Est. value$497,600
Est. rent$1,984/mo
Tax rate0.96%
On marketAug 7, 2023
PostedOct 27, 2023
Last sold$420,000
MLS statusSold
MLS updatedApr 13, 2024
Tour days6
Views13
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46225
Price history
30 events
DateEventPrice$/sqftSource
Apr 12, 2024Sold$420,000—MIBOR as distributed by MLS GRID
Mar 1, 2024Pending Sale$429,000—MIBOR as distributed by MLS GRID
Feb 19, 2024Price Change$429,000—MIBOR as distributed by MLS GRID
Feb 5, 2024Price Change$438,000—MIBOR as distributed by MLS GRID
Jan 22, 2024Price Change$439,999—MIBOR as distributed by MLS GRID
Jan 7, 2024Price Change$449,999—MIBOR as distributed by MLS GRID
Dec 18, 2023Price Change$454,999—MIBOR as distributed by MLS GRID
Nov 28, 2023Price Change$457,499—MIBOR as distributed by MLS GRID
Nov 13, 2023Price Change$465,000—MIBOR as distributed by MLS GRID
Oct 27, 2023Listed For Sale$470,000—MIBOR as distributed by MLS GRID
Aug 18, 2023Listing Removed——MIBOR as distributed by MLS GRID
Aug 7, 2023Listed For Sale$470,000—MIBOR as distributed by MLS GRID
May 31, 2023Listing Removed——MIBOR as distributed by MLS GRID
Apr 24, 2023Listed For Sale$499,000—MIBOR as distributed by MLS GRID
Mar 6, 2023Pending Sale$499,000—MIBOR as distributed by MLS GRID
Feb 24, 2023Listing Removed——MIBOR as distributed by MLS GRID
Feb 14, 2023Listed For Sale$499,000—MIBOR as distributed by MLS GRID
Jan 27, 2023Listed For Rent$1,900—MIBOR as distributed by MLS GRID
Nov 14, 2022Listing Removed——Zillow Rental Network Premium
Nov 4, 2022Price Change$1,699—Zillow Rental Network Premium
Sep 14, 2022Price Change$1,799—Zillow Rental Network Premium
Aug 31, 2022Listed For Rent$1,899—Zillow Rental Network Premium
May 21, 2021Listing Removed——Zillow Rental Manager
May 20, 2021Listed For Rent$2,000—Zillow Rental Manager
May 7, 2021Sold$423,000—MIBOR as distributed by MLS GRID
Apr 16, 2021Pending Sale$435,000—MIBOR as distributed by MLS GRID
Apr 12, 2021Listed For Sale$435,000—MIBOR as distributed by MLS GRID
Oct 15, 2020Sold$182,000—MIBOR as distributed by MLS GRID
Sep 10, 2020Sold$150,000—Public Record
Feb 11, 2009Sold$40,000—Public Record
Sold$420,000
Apr 12, 2024•MIBOR as distributed by MLS GRID
Pending Sale$429,000
Mar 1, 2024•MIBOR as distributed by MLS GRID
Price Change$429,000
Feb 19, 2024•MIBOR as distributed by MLS GRID
Price Change$438,000
Feb 5, 2024•MIBOR as distributed by MLS GRID
Price Change$439,999
Jan 22, 2024•MIBOR as distributed by MLS GRID
Price Change$449,999
Jan 7, 2024•MIBOR as distributed by MLS GRID
Price Change$454,999
Dec 18, 2023•MIBOR as distributed by MLS GRID
Price Change$457,499
Nov 28, 2023•MIBOR as distributed by MLS GRID
Price Change$465,000
Nov 13, 2023•MIBOR as distributed by MLS GRID
Listed For Sale$470,000
Oct 27, 2023•MIBOR as distributed by MLS GRID
Listing Removed—
Aug 18, 2023•MIBOR as distributed by MLS GRID
Listed For Sale$470,000
Aug 7, 2023•MIBOR as distributed by MLS GRID
Listing Removed—
May 31, 2023•MIBOR as distributed by MLS GRID
Listed For Sale$499,000
Apr 24, 2023•MIBOR as distributed by MLS GRID
Pending Sale$499,000
Mar 6, 2023•MIBOR as distributed by MLS GRID
Listing Removed—
Feb 24, 2023•MIBOR as distributed by MLS GRID
Listed For Sale$499,000
Feb 14, 2023•MIBOR as distributed by MLS GRID
Listed For Rent$1,900
Jan 27, 2023•MIBOR as distributed by MLS GRID
Listing Removed—
Nov 14, 2022•Zillow Rental Network Premium
Price Change$1,699
Nov 4, 2022•Zillow Rental Network Premium
Price Change$1,799
Sep 14, 2022•Zillow Rental Network Premium
Listed For Rent$1,899
Aug 31, 2022•Zillow Rental Network Premium
Listing Removed—
May 21, 2021•Zillow Rental Manager
Listed For Rent$2,000
May 20, 2021•Zillow Rental Manager
Sold$423,000
May 7, 2021•MIBOR as distributed by MLS GRID
Pending Sale$435,000
Apr 16, 2021•MIBOR as distributed by MLS GRID
Listed For Sale$435,000
Apr 12, 2021•MIBOR as distributed by MLS GRID
Sold$182,000
Oct 15, 2020•MIBOR as distributed by MLS GRID
Sold$150,000
Sep 10, 2020•Public Record
Sold$40,000
Feb 11, 2009•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 9, 2024$10,921$504,800
Apr 9, 2023$10,516$460,400
Apr 9, 2022$4,609$445,400
Apr 9, 2021$2,719$199,800
Apr 9, 2020$1,194$178,200
Apr 9, 2019$766$112,000
Apr 9, 2018$659$88,500
Apr 9, 2017$591$87,700
Apr 9, 2016$705$81,300
Apr 9, 2014$641$84,700
Apr 9, 2013$685$84,700
Apr 9, 2012$685$82,400
Apr 9, 2011—$97,300
Apr 9, 2010$956$97,300
Apr 9, 2009$864$97,300
Apr 9, 2007—$106,500
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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