Sold
Last Sold Price
2851 S Roena St, Indianapolis, IN 46241
Multi FamilyProperty Type
0.24 acresLot Size
1939Year Built

Description

4 unit value-add apartment building on a large corner double lot. Located on the Southwest side of Indianapolis with potential gross rents of $3,400 combined.4 unit value-add apartment building on a large corner double lot. Located on the Southwest side of Indianapolis with potential gross rents of $3,400 combined.
  • Listed by: Stuart Houghton 815.557.3253 shoughton@kw.com • Keller Williams Indy Metro S
Listing closed: 08/19/2022 12:00 AM • Source: MIBORMLS, MLS#: 21826195

Recent comparable sales

Median sold price

$175,000

Avg days on market

54

Sale-to-list ratio

90.6%

Indianapolis, IN

9 comparable properties found

$187,000 | 2834 South McClure Street, Indianapolis, IN 46241
1/4
1

$187,000

Sold 05/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$175,000 | 2409-11 South Lockburn Street, Indianapolis, IN 46241
1/20
2

$175,000

Sold 10/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$135,000 | 2850 South McClure Street, Indianapolis, IN 46241
1/45
3

$135,000

Sold 11/04/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.24
Acres
$160,000 | 1304 Phillips Drive, Indianapolis, IN 46241
1/16
4

$160,000

Sold 04/10/26

Unavailable
Bedrooms
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Bathrooms
Unavailable
Square Feet
0.27
Acres
$190,000 | 5901 West Morris Street, Indianapolis, IN 46241
1/10
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$190,000

Sold 12/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres
$190,000 | 5913 West Morris Street, Indianapolis, IN 46241
1/11
6

$190,000

Sold 02/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$145,000 | 1529 Hiatt Street, Indianapolis, IN 46221
1/30
7

$145,000

Sold 06/25/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
$176,000 | 1360 South Sheffield Avenue, Indianapolis, IN 46221
1/2
8

$176,000

Sold 04/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres
$145,000 | 601 Manhattan Avenue, Indianapolis, IN 46241
1/25
9

$145,000

Sold 04/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres

Location

Listing Courtesy of Keller Williams Indy Metro S

Sold By Go Fish Realty

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Property Information for 2851 South Roena Street

Property Details
  • Taxes: $1,727 semi-annually
  • MLS Type: Residential Income / Residential Units - 1 to 4
  • Architectural Style: TraditonalAmerican
  • Subdivision Name: MARS HILL
  • Township: Wayne
Building Information
  • Residences: 4
  • Year Built: 1939
  • Lot Size: 0.24 AC / 10,410 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS
  • Postal Code: 46241
  • Road Access: CityStreet
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491120108006000900
  • Semi Annual Property Tax Amt: 1727
  • Tax Exemption: None
  • Tax Year: 2020
Owner
  • Owner Pays: All Utilities
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Area Source: Assessor
  • Building Information: Other
  • Lot Number: 147-149
  • Lot Size: 10,411
  • Lot Size Acres: 0.239
  • MLS: MIBOR
  • New Construction: False
  • SqFt Main Upper: 0
  • Structure Type: Apartment Building,Quadruplex
  • Sq Ft Total: 0.0
  • Year Built Numeric: 1939
Property and Assessments
  • Affected by Disclosures: 0
  • Conversion: 0
  • Documents: Not Applicable
  • DPRYN: 1
  • Inspection Warranties: Not Applicable
  • Photos Count: 13
  • Property Sub Type: Residential Units - 1 to 4
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • SaleTerms: Cash
  • Supplement Count: 2
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Building Utilities: Other
  • Solid Waste: 0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
Interior Features
  • Levels: Two
  • Laundry: Other
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0
Multi Family
Multi-Family Information
  • Total Units: 4
  • Garage Parking: Parking Lot
Income & Expenses
  • Expenses: 0
  • Gross Operating Income: 0
Unit 1
  • Unit Kitchen: 0
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 0
  • Unit Miscellaneous: Other
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 3
  • Unit Num of Units: 3
  • Unit Rent Frequency: Monthly
  • Unit SqFt: 0
  • Unit Utilities: Other
Unit 2
  • Unit Kitchen: 0
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 0
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 4
  • Unit Num of Units: 2
  • Unit SqFt: 0
Unit 3
  • Unit Kitchen: 0
  • Unit Levels: 1.0000
  • Unit Master Bedroom: 0
  • Unit Num of Bathrooms: 1.0000
  • Unit Num of Bedrooms: 1
  • Unit Num of Rooms: 3
  • Unit Num of Units: 4
  • Unit SqFt: 0
Unit 4
  • Unit Levels: 1.0000
  • Unit Num of Bathrooms: 1.5000
  • Unit Num of Bedrooms: 2
  • Unit Num of Rooms: 5
  • Unit Num of Units: 1
Rental
Rental Information
  • Tenant Pays: Cable TV, Rent Only

Property History for 2851 South Roena Street

DateEvent & SourcePriceAppreciation
Aug 19, 2022

Sold

MIBORMLS #21826195

$163,000
Jul 15, 2022

Pending

MIBORMLS #21826195

Jun 27, 2022

Price Change

MIBORMLS #21826195

$169,000
DateEvent & SourcePrice
08/19/2022

Sold

MIBORMLS #21826195

$163,000
07/15/2022

Pending

MIBORMLS #21826195

06/27/2022

Price Change

MIBORMLS #21826195

$169,000

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

Public Records for 2851 South Roena Street

Taxable ValueLand$5,000Additions-Total$5,000
Tax Record2024$118 ($10 / month)
Home Facts
Beds0Lot Size5,184 SqFtStyleResidentialCountyMARIONAPN49-11-20-108-240.000-900

Schools near 2851 South Roena Street

This home is within M S D Wayne Township.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9
Public - 10 to 12
Rating
School
Distance
Stout Field Elementary School
PublicPK to 6

Lynhurst 7th & 8th Grade Center
Public7 to 8

Ben Davis Ninth Grade Center
Public9

Ben Davis High School
Public10 to 12

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2851 South Roena Street, Indianapolis, IN 46241
$163,000
10,410
$68,000
3
1,694
5,183
$300,000
10,454
5,184
$5,000
4
1,260
5,227
3
1,017
9,932

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 Keller Williams Indy Metro S

Based on information submitted to the MLS GRID as of 08/19/2022 06:15 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.