2060 Central Ave
Indianapolis, IN 46202

$390,000

Last Sold Price

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Closed 12/10/25

2060 Central Avenue Indianapolis, IN 46202 - Photo 1 of 33

Description

Back on the market - No fault of seller - Attention savvy buyers! OPPORTUNITY - INCOME - APPRECIATION - 4 PLEX - HERRON MORTON - Surrounded by high-end luxury single-family homes and development. All units have private laundry - private entry - All units have central air - All units are all electric. Tenants have one utility bill (electric) - owner pays water and sewer. No gas bills. Fully fenced back yard. Units have original wood work, tile kitchen floors, tile baths, and hardwoods. 3 CAR GARAGE...Back on the market - No fault of seller - Attention savvy buyers! OPPORTUNITY - INCOME - APPRECIATION - 4 PLEX - HERRON MORTON - Surrounded by high-end luxury single-family homes and development. All units have private laundry - private entry - All units have central air - All units are all electric. Tenants have one utility bill (electric) - owner pays water and sewer. No gas bills. Fully fenced back yard. Units have original wood work, tile kitchen floors, tile baths, and hardwoods. 3 CAR GARAGE WITH SEPARATE BAYS AND SERVICE DOORS FOR ADDITIONAL INCOME AND STORAGE. *The units and building do need some TLC and rent roll is based on potential.* One block from the new "The Grounds" retail and multi-use development. HUGE UPSIDE with this location and two buildings for generations to come.

Listing Agent

Kyle Williams
Listing Agent
Compass
kyle.williams@compass.com
P: (317)-445-0701
Call Text Email

Property Details for 2060 Central Avenue

Architectural Style

A-Frame, Craftsman

Subdivision Name

Morton Place

Township

Center

LISTING UPDATED: 12/15/2025 05:02 PM

Property Details for 2060 Central Avenue

Status	Closed
MLS #	22037012
Days on Market	31
Taxes	$1,525 semi-annually
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Residential Income / Quadruplex
Year Built	1900
Lot Size	0.16 AC / 6,969 SF
County	Marion County

Location

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Building Information for 2060 Central Avenue

Stories-Residences4Year Built1900Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$2,181 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,927

Property Taxes

$254

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 2060 Central Avenue

Summary

Location and General Information

City: Indianapolis
County Or Parish: Marion

Directions: GPS Friendly
Postal Code: 46202
Road Access: Not Applic
State Or Province: IN

Taxes and HOA Information

Parcel Number: 490636219185000101
Semi Annual Property Tax Amt: 1525

Tax Exemption: None
Tax Year: 2024
TaxLot: 266

School Information

School District: Indianapolis Public Schools

Owner

Owner Pays: Taxes, Sewer, Water

Parking

Garage Spaces: 3.0

Property

Lot Information

Acreage: <1/4 Acre
Current Use: Residential

Lot Description: Busline, Sidewalks, Street Lights, Mature Trees
Lot Size Square Feet: 6885.0
Lot Size Acres: 0.16
New Construction: False
Possible Use: Residential
Structure Type: Quadruplex
Year Built Numeric: 1900
Living Area Source: Assessor

Property and Assessments

Affected by Disclosures: No
Conversion: No

DPRYN: Yes
Legal Subdivision: Morton Place L266
Photos Count: 33
Property Sub Type: Quadruplex
Property Type: Residential Income
Road Surface Type: Concrete
Transaction Type: Sale
Buyer Financing: FHA 203(k)

Utilities

Solid Waste: No

Interior and Exterior Features

Exterior Features

Construction Materials: Wood Siding
Exterior Features: Balcony

Foundation Details: Block, Brick/Mortar
Roof: Flat, Shingle
Fencing: Full

Interior Features

Basement Description: Full, Unfinished
Basement YN: Yes

Cooling: Central Air
Heating: Forced Air, Heat Pump
Levels: Two
Laundry Features: Connections All

Room Information

Total Rooms: 16

Bathrooms

Bathrooms Full: 5
Bathrooms Half: 1

Bathrooms Total Count: 6

Bedrooms

Bedrooms Total: 8

Multi Family

Multi-Family Information

Total Units: 4
Garage Parking: Parking Garage

Income & Expenses

Expenses: 1000
Net Operating Income: $55,000.00

Gross Income: $58,800.00

Unit 1

Unit Kitchen: 10X15
Unit Levels: 2

Unit Rent Frequency: Monthly
Unit Utilities: Cl Cntrl Air,Heat Forced
Unit Type Type: 2 Bedroom

Unit 2

Unit Kitchen: 10X15
Unit Levels: 1

Unit Rent Frequency: Monthly
Unit Utilities: Cl Cntrl Air,Heat Forced
Unit Type Type: 1 Bedroom

Unit 3

Unit Kitchen: 14x12
Unit Levels: 1

Unit Rent Frequency: Monthly
Unit Utilities: Cl Cntrl Air,Heat Forced
Unit Type Type: 2 Bedroom

Unit 4

Unit Kitchen: 15x14
Unit Levels: 2

Unit Rent Frequency: Monthly
Unit Utilities: Cl Cntrl Air,Heat Forced
Unit Type Type: 3 Bedroom

Rental

Rental Information

Tenant Pays: Electricity, Insurance

Property History for 2060 Central Avenue

Date	Event & Source	Price	Appreciation
Dec 10, 2025	Sold MIBORMLS #22037012	$390,000	—
Nov 3, 2025	Pending MIBORMLS #22037012		—
Oct 27, 2025	Price Change MIBORMLS #22037012	$425,000	—
Jun 24, 2025	Price Change MIBORMLS #22037012	$450,000	—
Jun 24, 2025	Expired MIBORMLS #22037012		—
May 6, 2025	Listed (Active) MIBORMLS #22037012	$575,000	—
Nov 12, 2024	Expired MIBORMLS #21983535		—
Nov 12, 2024	Withdrawn MIBORMLS #21983535		—
Jul 8, 2024	Price Change MIBORMLS #21983535	$600,000	—
Jun 24, 2024	Price Change MIBORMLS #21983535	$624,900	—
Jun 14, 2024	Listed (Active) MIBORMLS #21983535	$650,000	—
Dec 19, 2012	Sold MIBORMLS #21152224	$55,000	—
Nov 26, 2012	Pending MIBORMLS #21152224		—
Dec 7, 2011	Listed (Active) MIBORMLS #21152224	$169,900	—
May 26, 2011	Expired MIBORMLS #21106935		—
Feb 17, 2011	Listed (Active) MIBORMLS #21106935	$169,900	—
Dec 31, 2002	Sold MIBORMLS #2233444	$189,900	—
Nov 19, 2002	Pending MIBORMLS #2233444		—
Jul 15, 2002	Listed (Active) MIBORMLS #2233444	$199,900	—
Jun 16, 2001	Expired MIBORMLS #2112367		—
Mar 16, 2001	Listed (Active) MIBORMLS #2112367	$190,000	—
Aug 2, 2000	Sold MIBORMLS #2000988	$36,500	—
May 9, 2000	Pending MIBORMLS #2000988		—
Jan 7, 2000	Listed (Active) MIBORMLS #2000988	$42,000	—

Date	Event & Source	Price
12/10/2025	Sold MIBORMLS #22037012	$390,000
11/03/2025	Pending MIBORMLS #22037012	—
10/27/2025	Price Change MIBORMLS #22037012	$425,000
06/24/2025	Price Change MIBORMLS #22037012	$450,000
06/24/2025	Expired MIBORMLS #22037012	—
05/06/2025	Listed (Active) MIBORMLS #22037012	$575,000
11/12/2024	Expired MIBORMLS #21983535	—
11/12/2024	Withdrawn MIBORMLS #21983535	—
07/08/2024	Price Change MIBORMLS #21983535	$600,000
06/24/2024	Price Change MIBORMLS #21983535	$624,900
06/14/2024	Listed (Active) MIBORMLS #21983535	$650,000
12/19/2012	Sold MIBORMLS #21152224	$55,000
11/26/2012	Pending MIBORMLS #21152224	—
12/07/2011	Listed (Active) MIBORMLS #21152224	$169,900
05/26/2011	Expired MIBORMLS #21106935	—
02/17/2011	Listed (Active) MIBORMLS #21106935	$169,900
12/31/2002	Sold MIBORMLS #2233444	$189,900
11/19/2002	Pending MIBORMLS #2233444	—
07/15/2002	Listed (Active) MIBORMLS #2233444	$199,900
06/16/2001	Expired MIBORMLS #2112367	—
03/16/2001	Listed (Active) MIBORMLS #2112367	$190,000
08/02/2000	Sold MIBORMLS #2000988	$36,500
05/09/2000	Pending MIBORMLS #2000988	—
01/07/2000	Listed (Active) MIBORMLS #2000988	$42,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2060 Central Avenue

Taxable ValueLand$33,000Additions$203,300Total$236,300

Tax Record2024$5,607 ($467 / month)

Home Facts

Total Finished SqFt4,652 SqFtAbove Grade Finished SqFt4,652 SqFtStories2Lot Size6,800 SqFtStyleMulti-Family Dwelling (2-4)Year Built1940ZoningZO01CountyMARIONAPN49-06-36-219-185.000-101

Schools near 2060 Central Avenue

This home is within Indianapolis Public Schools.


Rating	School	Type	Grades	Distance
4/10	James Russell Lowell School 51	Public - Serves this home	PK to 6	2.3 mi
4/10	Brookside School 54	Public - Serves this home	PK to 6	2.2 mi
4/10	Thomas D. Gregg School 15	Public - Serves this home	PK to 6	2.0 mi
3/10	Anna Brochhausen School 88	Public - Serves this home	PK to 6	4.3 mi
5/10	Arlington Community Middle School	Public - Serves this home	7 to 8	5.7 mi
1/10	George Washington Community High School (9-12)	Public - Serves this home	9 to 12	3.4 mi
NR	Christ Temple Christian Academy	Private - Nearby school	PK to 5	0.9 mi
NR	The Oaks Academy - Middle School	Private - Nearby school	PK to 8	0.9 mi
NR	Capitol City Seventh-Day Adventist School	Private - Nearby school	PK to 8	0.7 mi


Rating	School	Distance
4/10	James Russell Lowell School 51 PublicPK to 6 Serves this home	2.3 mi
4/10	Brookside School 54 PublicPK to 6 Serves this home	2.2 mi
4/10	Thomas D. Gregg School 15 PublicPK to 6 Serves this home	2.0 mi
3/10	Anna Brochhausen School 88 PublicPK to 6 Serves this home	4.3 mi
5/10	Arlington Community Middle School Public7 to 8 Serves this home	5.7 mi
1/10	George Washington Community High School (9-12) Public9 to 12 Serves this home	3.4 mi
NR	Christ Temple Christian Academy PrivatePK to 5 Nearby school	0.9 mi
NR	The Oaks Academy - Middle School PrivatePK to 8 Nearby school	0.9 mi
NR	Capitol City Seventh-Day Adventist School PrivatePK to 8 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2025 05:06 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.

2060 Central AveIndianapolis, IN 46202

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2060 Central Ave
Indianapolis, IN 46202