2425 North Olney Street

Indianapolis, IN 46218

$289,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to the standout-in-the-crowd home with its vivid fuchsia colored front doors located on the near northeast side of Indianapolis! A fully updated duplex, 3 bedroom, 2 bath, 2-story home, is available for the savvy, forward-thinking buyer or portfolio-building investor. Without skipping a beat, these units offer main-level laundry closets, designer kitchens with brand new appliance packages, full bathrooms with a stand-up shower, and quaint mud-rooms at the back entrance in each. The upper...Welcome to the standout-in-the-crowd home with its vivid fuchsia colored front doors located on the near northeast side of Indianapolis! A fully updated duplex, 3 bedroom, 2 bath, 2-story home, is available for the savvy, forward-thinking buyer or portfolio-building investor. Without skipping a beat, these units offer main-level laundry closets, designer kitchens with brand new appliance packages, full bathrooms with a stand-up shower, and quaint mud-rooms at the back entrance in each. The upper levels host the spacious master bedrooms, 2nd and 3rd bedrooms, and the 2nd full bathrooms. While the layout on both sides mirror the other, each side possesses its own personality that illuminates through the paint colors, fixtures, and hardware choices. Step into either side of the duplex and experience the quality craftsmanship, functional layout, and creative design each unit presents. This duplex home offers a best of both worlds opportunity for an "owner-occupied-landlord" scenario; essentially become a homeowner and landlord all in one step! Live on one side and rent or AirBnB the other. The portfolio-building investor will immediately enhance their portfolio with this tenant ready duplex. These units are sure to command high renter interests and generate top rental income for the area. This must-have duplex sits on a wide city street in an area that is full of community spirit, development, and growth. Located minutes from Downtown and the interstate for quick access to anywhere in Indy and beyond. Get out to visit this desirable duplex quickly as all eyes will be on this one and offers will come in fast. Your new investment home awaits your arrival, don't be late!
  1. Listed by Dana Charra Radford Willis • Silver Key Realty, LLC • silverkeyrealty.llc@gmail.com

Property Details for 2425 North Olney Street

Architectural Style
Multi-Level, TraditonalAmerican
Subdivision Name
E T Fletchers Brightwood
Township
Center
Waterfront
No

Location

Listing Courtesy of Silver Key Realty, LLC
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LISTING UPDATED: 04/25/2024 02:51 PM

Property Details for 2425 North Olney Street

StatusPending
MLS #21975037
Days on Market2
Taxes$737 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1920
Lot Size0.15 AC / 6,534 SF
CountyMarion County

Location

Listing Courtesy of Silver Key Realty, LLC
Add your commute

Building Information for 2425 North Olney Street

Stories-Residences2Year Built1920Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$1,700 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,577

Property Taxes

$123

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2425 North Olney Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46218
  • Postal Code Plus4: 3730
  • Road Access: Access Rd
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 490729110011000101
  • Semi Annual Property Tax Amt: 736.51
  • Tax Exemption: None
  • Tax Year: 2023
  • TaxLot: 79
School Information
  • School District: Indianapolis Public Schools
Parking
  • Carport Spaces: 0.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential, Vacant
  • Lot Description: Access, City Lot, Curbs, Sidewalks
  • Lot Size Square Feet: 6621.0
  • Lot Size Acres: 0.15
  • New Construction: False
  • Possible Use: Residential
  • Structure Type: Duplex
  • Year Built Numeric: 1920
  • Living Area Source: Builder
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: E T Fletcher 1st Add To Brightwood S 1/2 L79
  • Photos Count: 37
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Separate Gas Meter,Water
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Other
  • Foundation Details: Block, Divided
  • Roof: Shingle
  • Fencing: Chain Link, Partial, Front Yard
Interior Features
  • Basement YN: No
  • Cooling: Central Electric
  • Heating: Electric
  • Levels: Multi/Split
  • Laundry Features: Connections All, Laundry Closet, Main Level
  • Multi Baths: 4
  • Multi Beds: 6
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: On Street, Other
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 100
  • Unit Levels: 2
  • Unit Miscellaneous: Disposal,Eat In Kitchen,Lndry Conn,Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Elec
  • Unit Type Type: 3 Bedroom

Property History for 2425 North Olney 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 2425 North Olney Street

Taxable ValueLand$4,100Additions$58,000Total$62,100
Tax Record2022$1,428 ($119 / month)
Home Facts
Beds3Total Finished SqFt1,220 SqFtAbove Grade Finished SqFt1,220 SqFtStories2Lot Size6,621 SqFtStyleCondominiumYear Built1920ZoningZO01CountyMARIONAPN49-07-29-110-011.000-101

Schools near 2425 North Olney 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
James Russell Lowell School 51
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.

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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 Silver Key Realty, 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.