2101 North Pennsylvania Street

Indianapolis, IN 46202

$1,550,000
Price
Beds
13,524 Sq. Ft.
$115 / Sq. Ft.
13,524
Sq. Ft.
$115
per Sq. Ft.

Description

Majestic 6 unit in Herron Morton with 100% occupancy. Units are all 3 bedroom 1.5 bath each and are spacious with over 2000 sq ft. Property is full brick. Many upgrades hve been made in the past 2 years. As a 6 plex it cash flows nicely due to the high rent area but it also have over 4000 sq ft in the basement to add 3-4 more units. There is evidence of 2 units previously but current owner has not done anything with them. Another option for an investor is a condo conversion.Majestic 6 unit in Herron Morton with 100% occupancy. Units are all 3 bedroom 1.5 bath each and are spacious with over 2000 sq ft. Property is full brick. Many upgrades hve been made in the past 2 years. As a 6 plex it cash flows nicely due to the high rent area but it also have over 4000 sq ft in the basement to add 3-4 more units. There is evidence of 2 units previously but current owner has not done anything with them. Another option for an investor is a condo conversion.
  1. Listed by Charlene Gaard • No Limit Real Estate, LLC • charlenegaard@aol.com
  2. Listed by Robert Gaard • No Limit Real Estate, LLC

Property Details for 2101 North Pennsylvania Street

Subdivision Name
Eliz Talbotts
Township
Center NE
Zoning
Apartments General

Location

Listing Courtesy of No Limit Real Estate, LLC
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LISTING UPDATED: 03/27/2024 03:52 PM

Property Details for 2101 North Pennsylvania Street

StatusActive
MLS #21905315
Days on Market380
Taxes$3,743 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built-
Lot Size0.14 AC / 6,098 SF
CountyMarion County

Location

Listing Courtesy of No Limit Real Estate, LLC
Add your commute

Building Information for 2101 North Pennsylvania Street

Stories-Residences6Year Built-Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$9,083 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$624

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2101 North Pennsylvania Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: From 16th and Pennsylvania north to property
  • Postal Code: 46202
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490636176184000101
  • Semi Annual Property Tax Amt: 3743
  • Tax Year: 2021
  • TaxLot: 490636176184000101
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Size Square Feet: 6240.0
  • Lot Size Acres: 0.14
  • New Construction: False
  • Space Available: 13524
  • Sq Ft Total: 13524.0
  • Year Renovated: 2021
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: Eliz Talbotts Revised Add L65 Also 22Ft S Side L64
  • Photos Count: 39
  • Property Attached: No
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Electricity Connected, Gas, Sewer Connected, Water Connected
Interior and Exterior Features
Interior Features
  • Laundry Features: Common Laundry
Multi Family
Multi-Family Information
  • Total Units: 6
Unit 1
  • Unit Kitchen: 14x15
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Kitchen: 14X15
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 3
  • Unit Kitchen: 14X15
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 4
  • Unit Kitchen: 14X15
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 5
  • Unit Kitchen: 14X15
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 6
  • Unit Kitchen: 14x15
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom

Property History for 2101 North Pennsylvania Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2101 North Pennsylvania Street

Taxable ValueLand$30,300Additions$378,100Total$408,400
Tax Record2022$7,683 ($640 / month)
Home Facts
Total Finished SqFt13,524 SqFtAbove Grade Finished SqFt13,524 SqFtStories3Lot Size6,240 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyMARIONAPN49-06-36-176-184.000-101

Schools near 2101 North Pennsylvania Street

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
Elder W. Diggs School 42
PublicPK to 6

Northwest Community High School (7-8)
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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2101 North Pennsylvania Street is a multi-family home for sale in Indianapolis, IN 46202. This property was listed for sale on February 21, 2023 by No Limit Real Estate, LLC, it's currently listed at $1,550,000. It has been on the market for a total of 380 days and was last sold on May 4, 2018. This listing's school district is Indianapolis Public Schools. Nearby schools include Elder W. Diggs School 42, Northwest Community High School (7-8) and George Washington Community High School (9-12). 2101 North Pennsylvania Street is a 0-bed, 0-bath, 13,524 sqft multi-family home.

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 No Limit Real Estate, LLC

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.