Sold492d on marketHistoric · 144 yrs
281 N Addison St
Indianapolis, IN, 46222 • Near Westside • Marion County
$155,000
4Beds
2Baths
0.12 acLot
1882Built
Property DNA
Character Home
Built 1882 · 144 years of history
West Park
Near Westside
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
492 days on market
Established listing
About this home
Multi Family · Built 1882 · Historic
Great cash flow with this duplex in an area that is ripe for continued growth, between Stringtown and Central State on the Near West Side. The main level unit rents for $850/mo and offers 2 bedrooms plus a finished bonus room in the basement. It also features a tiled tub surround in the bathroom and a new central air unit. Both units have their own furnaces, fenced yards, and pay their own utilities. The upstairs unit is vacantwith a market rate of $850/mo, and is easy to show. It does not have central air. The main level unit has access to the 2 car detached garage. This property is being sold in as-is condition. Please show 281 1/2, but do not disturb the tenants at 281 until after an accepted offer.
Standout features identified
Our analysis highlights fenced yards, new central air unit, and tiled tub surround as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,017/month
Principal & Interest$810
Property Tax$155
Insurance$52
Down payment20% ($31,000)
3%50%
Est. 6.82% rate · 30yr fixed · $124,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Duplex
Year Built1882
HeatingDual, Forced Air
CoolingNone
Parking2 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family, Duplex
Year built1882
Stories2
Systems
HeatingDual, Forced Air
CoolingNone
RoofAsphalt
ConstructionWood
Parking & Outdoor
ParkingDetached
Garage2 spaces
BasementFinished,Partial
FencingFenced,Chain Link,Fence Complete,Fence Full Rear,Front Yard
Lot5,227 sqft
Location & Tax
NeighborhoodNear Westside
Annual tax$3,686
Parcel491104110011000901
Features & details
4 categories of property features
Interior Features
Heating
Dual
Forced Air
Cooling
None
Exterior Features
Parking
Detached
Construction
Wood
Listing insights
Market data and value estimates
StatusSold
Days on market492
Est. value$160,400
Est. rent$893/mo
Tax rate0.96%
On marketAug 5, 2024
PostedAug 5, 2024
Last sold$155,000
MLS statusSold
MLS updatedDec 4, 2024
Tour days6
Views3
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46222
Price history
21 events
DateEventPrice$/sqftSource
Dec 3, 2024Sold$155,000—MIBOR as distributed by MLS GRID
Oct 25, 2024Pending Sale$149,900—MIBOR as distributed by MLS GRID
Oct 18, 2024Price Change$149,900—MIBOR as distributed by MLS GRID
Aug 21, 2024Pending Sale$145,000—MIBOR as distributed by MLS GRID
Aug 19, 2024Listed For Sale$145,000—MIBOR as distributed by MLS GRID
Aug 9, 2024Pending Sale$145,000—MIBOR as distributed by MLS GRID
Aug 5, 2024Listed For Sale$145,000—MIBOR as distributed by MLS GRID
Jan 3, 2024Listing Removed——MIBOR as distributed by MLS GRID
Nov 17, 2023Listed For Rent$850—MIBOR as distributed by MLS GRID
Oct 13, 2023Listing Removed——MIBOR as distributed by MLS GRID
Sep 13, 2023Listed For Rent$850—MIBOR as distributed by MLS GRID
May 14, 2021Sold$105,000—Public Record
Mar 12, 2021Listed For Sale$99,000—Owner
Feb 21, 2021Listing Removed——Owner
Sep 21, 2020Listed For Sale$115,000—Owner
Feb 28, 2011Listing Removed$550—Aspire Real Estate, LLC
Jan 1, 2011Listed For Rent$550—Aspire Real Estate, LLC
Sep 3, 2010Sold$10,100—MIBOR as distributed by MLS GRID
Jul 3, 2010Price Change$9,900—Keller Williams Realty Indy Metro West
May 23, 2010Price Change$14,900—foreclosure.com
Apr 30, 2010Listed For Sale$17,900—Keller Williams Indy Metro West
Sold$155,000
Dec 3, 2024•MIBOR as distributed by MLS GRID
Pending Sale$149,900
Oct 25, 2024•MIBOR as distributed by MLS GRID
Price Change$149,900
Oct 18, 2024•MIBOR as distributed by MLS GRID
Pending Sale$145,000
Aug 21, 2024•MIBOR as distributed by MLS GRID
Listed For Sale$145,000
Aug 19, 2024•MIBOR as distributed by MLS GRID
Pending Sale$145,000
Aug 9, 2024•MIBOR as distributed by MLS GRID
Listed For Sale$145,000
Aug 5, 2024•MIBOR as distributed by MLS GRID
Listing Removed—
Jan 3, 2024•MIBOR as distributed by MLS GRID
Listed For Rent$850
Nov 17, 2023•MIBOR as distributed by MLS GRID
Listing Removed—
Oct 13, 2023•MIBOR as distributed by MLS GRID
Listed For Rent$850
Sep 13, 2023•MIBOR as distributed by MLS GRID
Sold$105,000
May 14, 2021•Public Record
Listed For Sale$99,000
Mar 12, 2021•Owner
Listing Removed—
Feb 21, 2021•Owner
Listed For Sale$115,000
Sep 21, 2020•Owner
Listing Removed$550
Feb 28, 2011•Aspire Real Estate, LLC
Listed For Rent$550
Jan 1, 2011•Aspire Real Estate, LLC
Sold$10,100
Sep 3, 2010•MIBOR as distributed by MLS GRID
Price Change$9,900
Jul 3, 2010•Keller Williams Realty Indy Metro West
Price Change$14,900
May 23, 2010•foreclosure.com
Listed For Sale$17,900
Apr 30, 2010•Keller Williams Indy Metro West
Tax history
20 years of records
YearTax paidAssessed value
Apr 10, 2024$3,786$173,100
Apr 10, 2023$3,686$159,600
Apr 10, 2022$1,568$156,100
Apr 10, 2021$1,334$105,900
Apr 10, 2020$1,295$90,200
Apr 10, 2019$1,123$86,100
Apr 10, 2018$1,079$73,800
Apr 10, 2017$2,010$75,200
Apr 10, 2016$936$67,000
Apr 10, 2014$831$60,200
Apr 10, 2013$538$62,200
Apr 10, 2012$538$64,300
Apr 10, 2011—$55,100
Apr 10, 2010$446$57,200
Apr 10, 2009$1,221$57,200
Apr 10, 2007—$61,400
Apr 10, 2003—$54,400
Apr 10, 2002—$25,000
Apr 10, 2001—$8,330
Apr 10, 2000—$8,330
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 21:23:12 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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