Sold237d on marketHistoric · 106 yrs
4502 Kingsley Dr
Indianapolis, IN, 46205 • Fairgrounds • Marion County
$186,000
2Beds
2Baths
0.13 acLot
1920Built
Property DNA
Character Home
Built 1920 · 106 years of history
Montrose
Fairgrounds
This home is in high demand
Listed 237 days ago · 14 views · Top 4% likely to sell soon
Market activity
Demand and pricing signals for this listing
14 views
People checking out this listing
237 days on market
Established listing
Selling Soon Prediction
Very HighThis home ranks in the top 4% 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
Incredible investment opportunity in one of Indianapolis's hottest neighborhoods - South Broad Ripple! This classic 1920 duplex, located at 4502-4504 Kingsley Dr, offers two well-laid-out 1 bed, 1 bath units with approximately 704 sq ft each. Whether you're looking to house hack or expand your rental portfolio, this property delivers. One side is currently leased at $865/month - well below market rent - while the other side is vacant and ready for immediate occupancy or new tenants at higher rates. Nestled in the charming Montrose subdivision, the duplex sits on a 5,576 sq ft lot and offers a great blend of urban energy and residential peace. South Broad Ripple is renowned for its walkability, vibrant dining scene, coffee shops, parks, and trails. Investors will love the steady demand and strong upside potential in rental income, especially in this high-growth area. With property taxes under $900/year and no HOA fees, your operating costs stay low. Priced at just $205,000 - only $102,500 per unit - this duplex is a rare find for the location and returns. Zoned for Indianapolis Public Schools and offering fast access to downtown, the Monon Trail, and Keystone at the Crossing, this is a location that tenants will love. Don't miss your chance to capitalize on a solid, cash-flowing asset with immediate value-add potential. 4502-4504 Kingsley Dr is a savvy buy in a booming rental market!
Estimated monthly payment
Based on current rates
$1,221/month
Principal & Interest$973
Property Tax$186
Insurance$62
Down payment20% ($37,200)
3%50%
Est. 6.83% rate · 30yr fixed · $148,800 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1920
ParkingNo Data
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
Year built1920
Stories1
Parking & Outdoor
Lot5,662 sqft
Location & Tax
NeighborhoodFairgrounds
Annual tax$1,726
Parcel490718103052000801
Listing insights
Market data and value estimates
StatusSold
Days on market237
Est. value$195,700
Est. rent$1,276/mo
Tax rate0.96%
On marketJun 20, 2025
PostedJun 20, 2025
Last sold$186,000
MLS statusSold
MLS updatedAug 20, 2025
Tour days6
Views14
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46205
Price history
21 events
DateEventPrice$/sqftSource
Aug 14, 2025Sold$186,000—MIBOR as distributed by MLS GRID
Jul 14, 2025Pending Sale$199,900—MIBOR as distributed by MLS GRID
Jul 9, 2025Price Change$199,900—MIBOR as distributed by MLS GRID
Jun 20, 2025Listed For Sale$205,000—MIBOR as distributed by MLS GRID
Jun 11, 2025Listing Removed$860—Zillow Rentals
May 17, 2025Price Change$860—Zillow Rentals
Apr 30, 2025Listed For Rent$875—Zillow Rentals
Oct 5, 2023Listing Removed——Zillow Rentals
Sep 14, 2023Price Change$800—Zillow Rentals
Aug 5, 2023Listed For Rent$825—Zillow Rentals
Mar 15, 2023Listing Removed——Zillow Rentals
Feb 16, 2023Listed For Rent$800—Zillow Rentals
Aug 15, 2021Listing Removed——Zillow Rental Manager
Jul 23, 2021Listed For Rent$700—Zillow Rental Manager
Jul 10, 2021Listing Removed——Zillow Rental Manager
Jul 6, 2021Price Change$700—Zillow Rental Manager
Jun 26, 2021Listed For Rent$710—Zillow Rental Manager
Mar 10, 2020Listing Removed$550—Zillow Rental Manager
Feb 25, 2020Listed For Rent$550—Zillow Rental Manager
May 27, 2019Listing Removed$510—Zillow Rental Manager
May 3, 2019Listed For Rent$510—Zillow Rental Manager
Sold$186,000
Aug 14, 2025•MIBOR as distributed by MLS GRID
Pending Sale$199,900
Jul 14, 2025•MIBOR as distributed by MLS GRID
Price Change$199,900
Jul 9, 2025•MIBOR as distributed by MLS GRID
Listed For Sale$205,000
Jun 20, 2025•MIBOR as distributed by MLS GRID
Listing Removed$860
Jun 11, 2025•Zillow Rentals
Price Change$860
May 17, 2025•Zillow Rentals
Listed For Rent$875
Apr 30, 2025•Zillow Rentals
Listing Removed—
Oct 5, 2023•Zillow Rentals
Price Change$800
Sep 14, 2023•Zillow Rentals
Listed For Rent$825
Aug 5, 2023•Zillow Rentals
Listing Removed—
Mar 15, 2023•Zillow Rentals
Listed For Rent$800
Feb 16, 2023•Zillow Rentals
Listing Removed—
Aug 15, 2021•Zillow Rental Manager
Listed For Rent$700
Jul 23, 2021•Zillow Rental Manager
Listing Removed—
Jul 10, 2021•Zillow Rental Manager
Price Change$700
Jul 6, 2021•Zillow Rental Manager
Listed For Rent$710
Jun 26, 2021•Zillow Rental Manager
Listing Removed$550
Mar 10, 2020•Zillow Rental Manager
Listed For Rent$550
Feb 25, 2020•Zillow Rental Manager
Listing Removed$510
May 27, 2019•Zillow Rental Manager
Listed For Rent$510
May 3, 2019•Zillow Rental Manager
Tax history
16 years of records
YearTax paidAssessed value
Apr 9, 2024$1,974$83,200
Apr 9, 2023$1,726$83,200
Apr 9, 2022$1,313$73,100
Apr 9, 2021$1,322$56,900
Apr 9, 2020$1,820$83,100
Apr 9, 2019$650$77,100
Apr 9, 2018$554$27,300
Apr 9, 2017$512$23,100
Apr 9, 2016$416$19,500
Apr 9, 2014$417$19,300
Apr 9, 2013$550$16,900
Apr 9, 2012$550$24,500
Apr 9, 2011—$58,100
Apr 9, 2010$1,208$58,100
Apr 9, 2009$1,281$60,100
Apr 9, 2007—$63,000
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 20:38:13 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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