Sold
Last Sold Price
2507 Rader St, Indianapolis, IN 46208
Multi FamilyProperty Type
3,920 sq ftLot Size
1910Year Built

Description

Investor special! Note: this is a package of three structures (2 parcels) containing a single family home, duplex and corner shop. Single is a 1 bed, 1 bath. Duplex has 2, 1 bedroom units (possibly could be converted into 2 bedrooms). Shopfront on the corner is spacious and provides several different possibilities. All structures need work, but are priced accordingly.Investor special! Note: this is a package of three structures (2 parcels) containing a single family home, duplex and corner shop. Single is a 1 bed, 1 bath. Duplex has 2, 1 bedroom units (possibly could be converted into 2 bedrooms). Shopfront on the corner is spacious and provides several different possibilities. All structures need work, but are priced accordingly.
  • Listed by: Barry Hines 317.960.3300 barry@rwaproperties.com • Realty Wealth Advisors
Listing closed: 12/01/2025 12:00 AM • Source: MIBORMLS, MLS#: 22037374

Recent comparable sales

Median sold price

$135,000

Avg days on market

26

Sale-to-list ratio

91.3%

Indianapolis, IN

9 comparable properties found

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Location

Listing Courtesy of Realty Wealth Advisors

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Property Information for 2507 Rader Street

Property Details
  • Taxes: $478 semi-annually
  • MLS Type: Residential Income / Duplex
  • Subdivision Name: Roaches
  • Township: Center
Building Information
  • Residences: 4
  • Year Built: 1910
  • Lot Size: 0.09 AC / 3,920 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46208
  • Postal Code Plus4: 5435
  • Road Access: Street Cuts
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490627149209000101
  • Semi Annual Property Tax Amt: 478
  • Tax Year: 2024
  • TaxLot: 21
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Comm Mul Ten, Retail
  • Lot Size Square Feet: 3750.0
  • Lot Size Acres: 0.09
  • New Construction: False
  • Year Built Numeric: 1910
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: No
  • Legal Subdivision: Roaches N Indpls Add L21 B27
  • Photos Count: 15
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Levels: One
Multi Family
Multi-Family Information
  • Total Units: 4
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 10x12
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom

Property History for 2507 Rader Street

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Sold

MIBORMLS #22037374

$144,900
Sep 15, 2025

Pending

MIBORMLS #22037374

May 7, 2025

Listed (Active)

MIBORMLS #22037374

$149,900
DateEvent & SourcePrice
12/01/2025

Sold

MIBORMLS #22037374

$144,900
09/15/2025

Pending

MIBORMLS #22037374

05/07/2025

Listed (Active)

MIBORMLS #22037374

$149,900

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

Public Records for 2507 Rader Street

Taxable ValueLand$4,100Additions$77,600Total$81,700
Tax Record2025$3,254 ($271 / month)
Home Facts
Total Finished SqFt2,631 SqFtAbove Grade Finished SqFt2,631 SqFtStories1Lot Size3,750 SqFtStyleMiscellaneous CommercialYear Built1920Year Renovated1920ZoningZO01CountyMARIONAPN49-06-27-149-209.000-101

Schools near 2507 Rader Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Charter - K to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
George Washington Carver School 87
PublicPK to 5

Herron Preparatory Academy
CharterK to 8

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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Wealth Advisors

Based on information submitted to the MLS GRID as of 12/10/2025 05:01 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.