Sold623d on market
3408 Winthrop Ave
Indianapolis, IN, 46205 • Mapleton-Fall Creek • Marion County
$365,000
5Beds
4Baths
0.22 acLot
1955Built
Property DNA
Mapleton-Fall Creek
Mapleton-Fall Creek
This home is getting attention
Listed 623 days ago · 7 views
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
623 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 22% 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 1955
This is the inventory you've been looking for! Discover this fully renovated multi-unit opportunity for both investors and house hackers alike. Nestled in the desirable Mapleton-Fall Creek neighborhood, this property features upgrades, including a new roof, new windows, and new LVP flooring throughout. Modernized appliances, HVAC systems, plumbing, and electrical work as well. The property features 3 kitchens, 4 total bathrooms, and 5 "bedrooms" catering to the needs of multiple uses. There is ample parking space for a large number of occupants as well. The main unit offers a spacious layout with three bedrooms, two bathrooms, abundant closet and pantry space, and an in-unit washer and dryer. Additionally, a versatile studio or guest/office space is located at the back of the property, complete with a private entrance, in-suite kitchen, and full bathroom, perfect for visitors, tenants, or a small business. The expansive upstairs area includes one bedroom, one bathroom, and a dedicated office/flex space. This property is not only a fantastic investment, but also a perfect solution for those looking to offset their mortgage with rental income. The property is on 3 separate electric meters and 1 water meter. The anticipated target rent is approx $1,800, $1,100, & $800 = $3,700. The property is fully vacant and being sold in AS IS condition.
Standout features identified
Our analysis highlights private entrance, expansive upstairs area, and modernized appliances as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,286/month
Principal & Interest$1,799
Property Tax$365
Insurance$122
Down payment20% ($73,000)
3%50%
Est. 6.26% rate · 30yr fixed · $292,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Triplex
Year Built1955
HeatingForced Air
ParkingNo Data
Property
Home typeMulti Family
Sub-typeMulti Family, Triplex
ConditionUpdated/Remodeled
Year built1955
Stories2
Systems
HeatingForced Air
RoofShingle
ConstructionStucco
Parking & Outdoor
FencingFenced
Lot9,583 sqft
Location & Tax
NeighborhoodMapleton-Fall Creek
Annual tax$2,660
Parcel490624161126000101
Features & details
2 categories of property features
Interior Features
Heating
Forced Air
Exterior Features
Construction
Stucco
Listing insights
Market data and value estimates
StatusSold
Days on market623
Est. value$367,200
Est. rent$1,438/mo
Tax rate0.96%
On marketJun 17, 2024
PostedJun 17, 2024
Last sold$365,000
MLS statusSold
MLS updatedJul 28, 2024
Tour days6
Views7
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46205
Price history
6 events
DateEventPrice$/sqftSource
Jul 24, 2024Sold$365,000—MIBOR as distributed by MLS GRID
Jul 3, 2024Pending Sale$385,000—MIBOR as distributed by MLS GRID
Jun 17, 2024Listed For Sale$385,000—MIBOR as distributed by MLS GRID
Mar 28, 2022Sold$147,000—MIBOR as distributed by MLS GRID
Mar 8, 2022Pending Sale$135,000—MIBOR as distributed by MLS GRID
Mar 8, 2022Listed For Sale$135,000—MIBOR as distributed by MLS GRID
Sold$365,000
Jul 24, 2024•MIBOR as distributed by MLS GRID
Pending Sale$385,000
Jul 3, 2024•MIBOR as distributed by MLS GRID
Listed For Sale$385,000
Jun 17, 2024•MIBOR as distributed by MLS GRID
Sold$147,000
Mar 28, 2022•MIBOR as distributed by MLS GRID
Pending Sale$135,000
Mar 8, 2022•MIBOR as distributed by MLS GRID
Listed For Sale$135,000
Mar 8, 2022•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$3,178$209,000
Apr 9, 2023$2,661$134,000
Apr 9, 2022$2,210$112,700
Apr 9, 2021$2,031$95,800
Apr 9, 2020$2,000$87,700
Apr 9, 2019$657$84,700
Apr 9, 2018$546$83,000
Apr 9, 2017$540$77,500
Apr 9, 2016$599$75,200
Apr 9, 2014$544$79,400
Apr 9, 2013$729$78,700
Apr 9, 2012$729$84,500
Apr 9, 2011—$130,000
Apr 9, 2010$1,339$130,000
Apr 9, 2009$1,223$119,500
Apr 9, 2007—$112,000
Apr 9, 2006—$98,800
Apr 9, 2005—$88,900
Apr 9, 2004—$88,900
Apr 9, 2003—$94,900
Apr 9, 2002—$26,600
Apr 9, 2001—$8,860
Apr 9, 2000—$8,860
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 2026-04-09 01:03:11 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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