Sold489d on market
4260 Norwaldo Ave
Indianapolis, IN, 46205 • Fairgrounds • Marion County
$205,000
0.25 acLot
1945Built
Property DNA
Traditional Style
Built 1945 · 81 years of history
Montrose
Fairgrounds
This home is getting attention
Listed 489 days ago · 5 views
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
489 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 27% 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 1945
Welcome to this awesome duplex opportunity located near SoBro! This property can be used by an owner occupant to live in one side and rent out the other or for an investor looking to add to their portfolio. Current tenant is moving and is paying $765/month. Market rents are $1,250/per side Section 8 rents are $1,350/per side. Updates include a new water heater on 4260 was replaced in 2023 and new floors were installed in 2020. Water heater on 4262 replaced in 2021, floors replaced 2023, furnace 2024, and exterior paint in 2024. The left unit is currently occupied and will be vacant by closing. Invite friends over and walk to Indy Fuel Games or summer nights at the State Fair. Easy access to all of Indy on Fall Creek, Keystone or Binford.
Estimated monthly payment
Based on current rates
$1,346/month
Principal & Interest$1,072
Property Tax$205
Insurance$68
Down payment20% ($41,000)
3%50%
Est. 6.83% rate · 30yr fixed · $164,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1945
HeatingForced Air
CoolingNone
Parking1 Parking space
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
StyleTraditional
Year built1945
Stories1
Systems
HeatingForced Air
CoolingNone
ConstructionBlock
Parking & Outdoor
Lot0.25 Acres
Location & Tax
NeighborhoodFairgrounds
Annual tax$3,237
Parcel490718106023000801
Features & details
5 categories of property features
Interior Features
Heating
Forced Air
Cooling
None
Laundry
Connections All
Exterior Features
Construction
Block
Lot Features
Access
Busline
Listing insights
Market data and value estimates
StatusSold
Days on market489
Est. value$212,700
Est. rent$1,438/mo
Tax rate0.96%
On marketNov 7, 2024
PostedNov 7, 2024
Last sold$205,000
MLS statusSold
MLS updatedDec 11, 2024
Tour days6
Views5
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46205
Price history
15 events
DateEventPrice$/sqftSource
Sep 29, 2025Listing Removed$975—MIBOR as distributed by MLS GRID
Sep 8, 2025Price Change$975—MIBOR as distributed by MLS GRID
Jul 31, 2025Price Change$1,125—MIBOR as distributed by MLS GRID
Jun 17, 2025Listed For Rent$1,200—MIBOR as distributed by MLS GRID
Dec 5, 2024Sold$205,000—MIBOR as distributed by MLS GRID
Nov 10, 2024Pending Sale$199,900—MIBOR as distributed by MLS GRID
Nov 7, 2024Listed For Sale$199,900—MIBOR as distributed by MLS GRID
Dec 10, 2020Listing Removed$850—Go Section8
Nov 3, 2020Listed For Rent$850—Go Section8
Dec 17, 2015Listing Removed$600—Go Section8
Nov 5, 2015Listed For Rent$600—Go Section8
Jun 20, 2014Listing Removed$600—Go Section8
May 30, 2014Listed For Rent$600—Go Section8
Jul 3, 2012Listing Removed$55,000—ERA Real Estate Links
Feb 23, 2012Listed For Sale$55,000—ERA Real Estate Links
Listing Removed$975
Sep 29, 2025•MIBOR as distributed by MLS GRID
Price Change$975
Sep 8, 2025•MIBOR as distributed by MLS GRID
Price Change$1,125
Jul 31, 2025•MIBOR as distributed by MLS GRID
Listed For Rent$1,200
Jun 17, 2025•MIBOR as distributed by MLS GRID
Sold$205,000
Dec 5, 2024•MIBOR as distributed by MLS GRID
Pending Sale$199,900
Nov 10, 2024•MIBOR as distributed by MLS GRID
Listed For Sale$199,900
Nov 7, 2024•MIBOR as distributed by MLS GRID
Listing Removed$850
Dec 10, 2020•Go Section8
Listed For Rent$850
Nov 3, 2020•Go Section8
Listing Removed$600
Dec 17, 2015•Go Section8
Listed For Rent$600
Nov 5, 2015•Go Section8
Listing Removed$600
Jun 20, 2014•Go Section8
Listed For Rent$600
May 30, 2014•Go Section8
Listing Removed$55,000
Jul 3, 2012•ERA Real Estate Links
Listed For Sale$55,000
Feb 23, 2012•ERA Real Estate Links
Tax history
15 years of records
YearTax paidAssessed value
Apr 9, 2024$3,238$135,900
Apr 9, 2023$2,753$136,500
Apr 9, 2022$2,085$116,600
Apr 9, 2021$1,832$90,400
Apr 9, 2020$1,735$79,100
Apr 9, 2019$1,601$73,500
Apr 9, 2018$2,051$98,800
Apr 9, 2017$1,974$93,400
Apr 9, 2016$1,933$88,300
Apr 9, 2014$1,909$88,100
Apr 9, 2013$1,828$84,600
Apr 9, 2012$1,828$81,200
Apr 9, 2011—$72,700
Apr 9, 2010$1,516$72,700
Apr 9, 2009$1,598$74,800
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 23:18:13 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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