1409 Marlowe Avenue

Indianapolis, IN 46201

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

Description

Attn: investors, flippers, vacation-rental super hosts! Duplex in the heart of downtown Indy offers 2,000+ sq feet on BOTH SIDES. 1409 is finished and ready for cosmetics. 1411 has been taken down to studs, Reframed, all supplies in house, Blueprints planned & printed to include future garage w/rear entry & rooftop deck. Both sides have basement, main & upper levels. Zoned residential in an area blooming with modern townhomes. Projected Earnings $83k yearly airdna , est gross rents $4,000+ mthlyAttn: investors, flippers, vacation-rental super hosts! Duplex in the heart of downtown Indy offers 2,000+ sq feet on BOTH SIDES. 1409 is finished and ready for cosmetics. 1411 has been taken down to studs, Reframed, all supplies in house, Blueprints planned & printed to include future garage w/rear entry & rooftop deck. Both sides have basement, main & upper levels. Zoned residential in an area blooming with modern townhomes. Projected Earnings $83k yearly airdna , est gross rents $4,000+ mthly
  1. Listed by Rebecca Hameda • The Stewart Home Group • rebecca@thestewarthomegroup.com

Property Details for 1409 Marlowe Avenue

Architectural Style
Multi-Level, Victorian
Subdivision Name
Arsenal Park Add
Township
Center SE
Zoning
residential

Location

Listing Courtesy of The Stewart Home Group
Add your commute
LISTING UPDATED: 02/29/2024 02:43 PM

Property Details for 1409 Marlowe Avenue

StatusActive
MLS #21943406
Days on Market416
Taxes$825 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1900
Lot Size0.10 AC / 4,356 SF
CountyMarion County

Location

Listing Courtesy of The Stewart Home Group
Add your commute

Building Information for 1409 Marlowe Avenue

Stories-Residences2Year Built1900Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$1,769 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,632

Property Taxes

$138

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1409 Marlowe Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 3005
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491006161029000101
  • Semi Annual Property Tax Amt: 825
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2022
  • TaxLot: 61
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Information: Other
  • Current Use: Residential
  • Lot Description: Sidewalks
  • Lot Size Square Feet: 4400.0
  • Lot Size Acres: 0.1
  • New Construction: False
  • Year Built Numeric: 1900
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Legal Subdivision: Arsenal Park L61
  • Photos Count: 83
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Sewer
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Brick
Interior Features
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Levels: Multi/Split
  • Laundry Features: Connections All
  • Multi Baths: 2
  • Multi Beds: 6
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: On Street
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 13x12
  • Unit Levels: 3
  • Unit Miscellaneous: Dishwasher,Disposal,Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Wind Unit,Fuel Gas,Heat Forced,Hot Wtr Gas
Unit 2
  • Unit Kitchen: 13x12
  • Unit Levels: 3
  • Unit Rent Frequency: Monthly

Property History for 1409 Marlowe 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 1409 Marlowe Avenue

Taxable ValueLand$41,800Additions$238,200Total$280,000
Tax Record2022$3,341 ($278 / month)
Home Facts
Beds1Total Finished SqFt1,688 SqFtAbove Grade Finished SqFt1,688 SqFtStories2Lot Size4,400 SqFtStyleCondominiumYear Built1986CountyMARIONAPN49-10-06-161-029.000-101Fireplace TypeHas Fireplace

Schools near 1409 Marlowe 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
Washington Irving School 14
PublicPK to 6

H.L. Harshman Magnet 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.

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1409 Marlowe Avenue is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on September 16, 2023 by The Stewart Home Group, it's currently listed at $299,000. It has been on the market for a total of 416 days and was last sold on October 5, 2021. This listing's school district is Indianapolis Public Schools. Nearby schools include Washington Irving School 14, H.L. Harshman Magnet Middle School and Arsenal Technical High School. 1409 Marlowe 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 The Stewart Home 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.