1225 North Tacoma Avenue

Indianapolis, IN 46201

$299,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Now is your chance to own this delightful multiplex rental property and discover 4 charming 1-bedroom, 1-bathroom unit featuring ~500 sq ft of stylish and functional living space in each unit. Perfectly situated in a lively neighborhood next to Brookside park. Residents will love the prime location, with easy access to Pogue's run, nearby restaurants, shops, entertainment options, and public transportation, making it a true urban living experience minutes from downtown Indianapolis. 3 of the 4 units...Now is your chance to own this delightful multiplex rental property and discover 4 charming 1-bedroom, 1-bathroom unit featuring ~500 sq ft of stylish and functional living space in each unit. Perfectly situated in a lively neighborhood next to Brookside park. Residents will love the prime location, with easy access to Pogue's run, nearby restaurants, shops, entertainment options, and public transportation, making it a true urban living experience minutes from downtown Indianapolis. 3 of the 4 units are currently tenant occupied. 1 unit is vacant and available for showings.
  1. Listed by MaryBeth Cambre • Ferris Property Group • integrealty@ferrispropertygroup.com
  2. Listed by Karon Hatleli • Ferris Property Group

Property Details for 1225 North Tacoma Avenue

Subdivision Name
Vajens Springdale
Township
Center

Location

Listing Courtesy of Ferris Property Group
Add your commute
LISTING UPDATED: 04/11/2024 12:17 PM

Property Details for 1225 North Tacoma Avenue

StatusActive
MLS #21964680
Days on Market68
Taxes$2,080 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1900
Lot Size0.16 AC / 6,969 SF
CountyMarion County

Location

Listing Courtesy of Ferris Property Group
Add your commute

Building Information for 1225 North Tacoma Avenue

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

Payment Calculator

$1,978 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,632

Property Taxes

$347

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1225 North Tacoma Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 1227
  • Road Access: Street Cuts
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490732111052000101
  • Semi Annual Property Tax Amt: 2080
  • Tax Year: 2023
  • TaxLot: 520
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 6970.0
  • Lot Size Acres: 0.16
  • New Construction: False
  • Year Built Numeric: 1900
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Legal Subdivision: Vajens Springdale S1/2 L44
  • Photos Count: 61
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Levels: Two
  • Multi Baths: 4
  • Multi Beds: 4
Multi Family
Multi-Family Information
  • Total Units: 4
Income & Expenses
  • Expenses: 1794
  • Gross Income: $13,740.00
Unit 1
  • Unit Kitchen: 200
  • Unit Levels: 1
  • Unit Miscellaneous: Eat In Kitchen,Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Apartments
Unit 2
  • Unit Kitchen: 200
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Apartments
Unit 3
  • Unit Kitchen: 200
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Apartments

Property History for 1225 North Tacoma Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1225 North Tacoma Avenue

Taxable ValueLand$22,600Additions$148,600Total$171,200
Tax Record2022$4,042 ($337 / month)
Home Facts
Beds3Total Finished SqFt1,212 SqFtAbove Grade Finished SqFt1,212 SqFtStories2Lot Size6,970 SqFtStyleCondominiumYear Built1900ZoningZO01CountyMARIONAPN49-07-32-111-052.000-101

Schools near 1225 North Tacoma Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Brookside School 54
PublicPK to 6

Arlington Community Middle School
Public7 to 8

Arsenal Technical High School
Public9 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.

Similar Homes

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1225 North Tacoma Avenue is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on February 22, 2024 by Ferris Property Group, it's currently listed at $299,000. It has been on the market for a total of 68 days and was last sold on November 10, 2014. This listing's school district is Indianapolis Public Schools. Nearby schools include Brookside School 54, Arlington Community Middle School and George Washington Community High School (9-12). 1225 North Tacoma Avenue is a 0-bed, 0-bath, multi-family home built in 1900.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ferris Property Group

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.