Sold
Last Sold Price
4255 Cossell Rd, Indianapolis, IN 46222
Multi FamilyProperty Type
10,454 sq ftLot Size
1955Year Built

Description

This Duplex sits on 2 lots and is a worthy investment opportunity. The unit on the left is 1 Bed, 1 Bath and the unit on the right is 2 Bed, 1 Bath. Both units are currently leased. The property has a brick exterior that has been well maintained and recent updates include an New A/C in 2024 on 4255 side and a New Refrigerator in 2024 on the 4257 side. The new owner can continue updating to make this duplex a highly sought after rental property. Located just minutes from Speedway and a easy commute...This Duplex sits on 2 lots and is a worthy investment opportunity. The unit on the left is 1 Bed, 1 Bath and the unit on the right is 2 Bed, 1 Bath. Both units are currently leased. The property has a brick exterior that has been well maintained and recent updates include an New A/C in 2024 on 4255 side and a New Refrigerator in 2024 on the 4257 side. The new owner can continue updating to make this duplex a highly sought after rental property. Located just minutes from Speedway and a easy commute to downtown Indy. A home warranty is included and will transfer to the buyer.
  • Listed by: Regina Jones 317.297.2900 rjones@callcarpenter.com • Carpenter, REALTORS®
Listing closed: 12/31/2024 12:00 AM • Source: MIBORMLS, MLS#: 22015122

Recent comparable sales

Median sold price

$138,000

Avg days on market

28

Sale-to-list ratio

92.5%

Indianapolis, IN

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Location

Listing Courtesy of Carpenter, REALTORS®

Sold By Garnet Group

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Property Information for 4255 Cossell Road

Property Details
  • Taxes: $1,500 semi-annually
  • MLS Type: Residential Income / Duplex
  • Architectural Style: Ranch
  • Subdivision Name: Michigan Terrace
  • Township: Wayne
  • Waterfront: No
Building Information
  • Residences: 2
  • Year Built: 1955
  • Lot Size: 0.24 AC / 10,454 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46222
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491105107004000982
  • Semi Annual Property Tax Amt: 1500
  • Tax Year: 2023
  • TaxLot: 15 & 16
School Information
  • School District: MSD Wayne Township
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Description: Access
  • Lot Size Square Feet: 10237.0
  • Lot Size Acres: 0.24
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1955
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • DPRYN: Yes
  • Inspection Warranties: Warranty Homebuyers
  • Legal Subdivision: Michigan Terrace
  • Photos Count: 5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: Cash
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Sewer,Water
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Crawl Space
Interior Features
  • Basement YN: No
  • Levels: One
  • Laundry Features: Connections All
  • Multi Baths: 2
  • Multi Beds: 3
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: Parking Lot
Income & Expenses
  • Expenses: 0
  • Gross Income: $13,800.00
Unit 1
  • Unit Kitchen: 11x10
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Range/Oven
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Hot Wtr Gas
Unit 2
  • Unit Kitchen: 10x8
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Range/Oven
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Hot Wtr Gas

Property History for 4255 Cossell Road

DateEvent & SourcePriceAppreciation
Dec 31, 2024

Sold (Public Record)

Public Record #1928378234

$140,000

+8.0% / yr

Dec 31, 2024

Sold

MIBORMLS #22015122

$140,000
Dec 23, 2024

Pending

MIBORMLS #22015122

DateEvent & SourcePrice
12/31/2024

Sold (Public Record)

Public Record #1928378234

$140,000

+8.0% / yr

12/31/2024

Sold

MIBORMLS #22015122

$140,000
12/23/2024

Pending

MIBORMLS #22015122

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

Public Records for 4255 Cossell Road

Taxable ValueLand$4,200Additions$138,000Total$142,200
Tax Record2024$3,276 ($273 / month)
Home Facts
Total Finished SqFt792 SqFtAbove Grade Finished SqFt792 SqFtStories1Lot Size10,237 SqFtStyleDuplexYear Built1955Year Renovated1955CountyMARIONAPN49-11-05-107-004.000-982

Schools near 4255 Cossell Road

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
Garden City 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

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 Carpenter, REALTORS®

Based on information submitted to the MLS GRID as of 01/02/2025 09:03 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.