Sold112d on marketHistoric · 106 yrs
513 N Colorado Ave
Indianapolis, IN, 46201 • Near Eastside • Marion County
$75,000
6Beds
2Baths
0.11 acLot
1920Built
Property DNA
Craftsman Style
Built 1920 · 106 years of history
Chas E Reynolds North Tuxedo Add
Near Eastside
This home is getting attention
Listed 112 days ago · 16 views
Market activity
Demand and pricing signals for this listing
16 views
People checking out this listing
112 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 31% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Multi Family · Built 1920 · Historic
Spacious duplex with 3 bedrooms and 1 bath on each side. Ideal for investors or owner-occupants, this property is ready for updates and improvements to unlock its full potential. Live in one unit and rent out the other, or lease both for consistent income. Strong rental demand in the area makes this a great option for those seeking cash flow with value-add upside. This property is in an auction, being sold as-is and where-is. Visit Auction dot com for all details and to place a bid.
Estimated monthly payment
Based on current rates
$489/month
Principal & Interest$389
Property Tax$75
Insurance$25
Down payment20% ($15,000)
3%50%
Est. 6.75% rate · 30yr fixed · $60,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1920
Parking2 Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
StyleCraftsman
Year built1920
Stories2
Systems
ConstructionVinyl Siding
Parking & Outdoor
Lot4,791 sqft
Location & Tax
NeighborhoodNear Eastside
Annual tax$4,226
Parcel491004145147000101
Features & details
4 categories of property features
Interior Features
Laundry
Connections All
Exterior Features
Construction
Vinyl Siding
Lot Features
Sidewalks
Security
Smoke Detector(s)
Listing insights
Market data and value estimates
StatusSold
Days on market112
Est. value$75,600
Est. rent$1,277/mo
Tax rate0.96%
On marketSep 12, 2025
PostedSep 12, 2025
Last sold$75,000
MLS statusSold
MLS updatedDec 24, 2025
Tour days6
Views16
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46201
Price history
4 events
DateEventPrice$/sqftSource
Dec 17, 2025Sold$75,000—MIBOR as distributed by MLS GRID
Feb 1, 2022Sold$480,000—Public Record
Oct 30, 2021Pending Sale$165,000—MIBOR as distributed by MLS GRID
Oct 27, 2021Listed For Sale$165,000—MIBOR as distributed by MLS GRID
Sold$75,000
Dec 17, 2025•MIBOR as distributed by MLS GRID
Sold$480,000
Feb 1, 2022•Public Record
Pending Sale$165,000
Oct 30, 2021•MIBOR as distributed by MLS GRID
Listed For Sale$165,000
Oct 27, 2021•MIBOR as distributed by MLS GRID
Tax history
16 years of records
YearTax paidAssessed value
Apr 9, 2024$4,087$178,100
Apr 9, 2023$3,912$172,300
Apr 9, 2022$1,903$165,700
Apr 9, 2021$1,892$82,500
Apr 9, 2020$1,797$81,700
Apr 9, 2019$1,765$76,100
Apr 9, 2018$1,510$74,100
Apr 9, 2017$891$68,100
Apr 9, 2016$788$37,700
Apr 9, 2014$623$28,800
Apr 9, 2013$929$39,900
Apr 9, 2012$929$41,400
Apr 9, 2011—$28,600
Apr 9, 2010$1,240$59,400
Apr 9, 2009$1,270$59,400
Apr 9, 2007—$52,600
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
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-09 06:53:00 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)
No obligation · Same-day response