427 North Bancroft Street

Indianapolis, IN 46201

$260,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Beautiful duplex with so much character! Currently being used as an airbnb. Buy an income producing property or buy and have your mortgage paid for by renting out the other side. Lot's of possibilities with this property. Located in a charming neighborhood and close to all that downtown has to offer. Don't miss this wonderful opportunity!Beautiful duplex with so much character! Currently being used as an airbnb. Buy an income producing property or buy and have your mortgage paid for by renting out the other side. Lot's of possibilities with this property. Located in a charming neighborhood and close to all that downtown has to offer. Don't miss this wonderful opportunity!
  1. Listed by Crissi Matthews • Fathom Realty • crissiandco@gmail.com

Property Details for 427 North Bancroft Street

Architectural Style
Cape Cod
Subdivision Name
Layman & Carey
Township
Center NE
Zoning
D-5

Location

Listing Courtesy of Fathom Realty

Sold By eXp Realty, LLC

Add your commute
LISTING UPDATED: 08/14/2023 01:41 PM

Property Details for 427 North Bancroft Street

StatusClosed
MLS #21923942
Days on Market19
Taxes$1,801 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1915
Lot Size0.15 AC / 6,534 SF
CountyMarion County

Location

Listing Courtesy of Fathom Realty

Sold By eXp Realty, LLC

Add your commute

Building Information for 427 North Bancroft Street

Stories-Residences2Year Built1915Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$1,719 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,419

Property Taxes

$300

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 427 North Bancroft Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: WEST OF EMERSON 1 BLOCK BETWEEN MICHIGAN AND NEW YORK.
  • Postal Code: 46201
  • Road Access: Not Applic
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491004144205000101
  • Semi Annual Property Tax Amt: 1801
  • Tax Exemption: None
  • Tax Year: 2022
  • TaxLot: 187
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: Insurance, Water
Parking
  • Garage Spaces: 0.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: See Remarks
  • Gross Area SQFT: 2230
  • Lot Description: Access, Sidewalks
  • Lot Size Square Feet: 40.0
  • Lot Size Acres: 0.15
  • New Construction: False
  • Possible Use: Residential
  • Structure Type: Duplex
  • Year Built Numeric: 1915
  • Living Area Source: Broker
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: LAYMAN & CAREYS
  • Photos Count: 14
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Sewer,Water
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl With Brick
  • Foundation Details: Block
Interior Features
  • Basement YN: Yes
  • Levels: Two
  • Laundry Features: Other
  • Multi Baths: 2
  • Multi Beds: 4
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: On Street, Unpaved
Income & Expenses
  • Expenses: 0
  • Net Operating Income: $.00
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 13x10
  • Unit Levels: 2
  • Unit Miscellaneous: Lndry Conn,Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Elec
Unit 2
  • Unit Kitchen: 13x10
  • Unit Levels: 2
  • Unit Miscellaneous: Lndry Conn,Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced,Hot Wtr Elec
Rental
Rental Information
  • Tenant Pays: Electricity, Gas, Insurance

Property History for 427 North Bancroft 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 427 North Bancroft Street

Taxable ValueLand$22,300Additions$163,400Total$185,700
Tax Record2022$4,384 ($365 / month)
Home Facts
Beds6Total Finished SqFt1,154 SqFtAbove Grade Finished SqFt1,154 SqFtStories2Lot Size6,708 SqFtStyleCondominiumYear Built1915Year Renovated1990ZoningZO01CountyMARIONAPN49-10-04-144-205.000-101

Schools near 427 North Bancroft Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 6
Rating
School
Distance
George W. Julian School 57
PublicPK to 8

Arsenal Technical High School
Public9 to 12

Theodore Potter School 74
PublicK to 6

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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Similar Sold Homes

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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 Fathom Realty

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.