4328 East Michigan Street

Indianapolis, IN 46201

$99,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Come check out this nearly completed duplex on E Michigan! With minor finishing touches this property has potential be a high cash flowing investment! This property consists of 2 studio style units with updates including newer roof, siding, electrical, windows, plumbing & more! Rent to section 8 tenants for a potentially much higher return, current 2024 FMR for Indianapolis studio units are up to $982.Come check out this nearly completed duplex on E Michigan! With minor finishing touches this property has potential be a high cash flowing investment! This property consists of 2 studio style units with updates including newer roof, siding, electrical, windows, plumbing & more! Rent to section 8 tenants for a potentially much higher return, current 2024 FMR for Indianapolis studio units are up to $982.
  1. Listed by Stuart Houghton • Keller Williams Indy Metro S • shoughton@kw.com

Property Details for 4328 East Michigan Street

Subdivision Name
Tuxedo Park
Township
Center

Location

Listing Courtesy of Keller Williams Indy Metro S
Add your commute
LISTING UPDATED: 04/26/2024 09:08 AM

Property Details for 4328 East Michigan Street

StatusActive
MLS #21970321
Days on Market41
Taxes$942 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1922
Lot Size0.11 AC / 4,791 SF
CountyMarion County

Location

Listing Courtesy of Keller Williams Indy Metro S
Add your commute

Building Information for 4328 East Michigan Street

Stories-Residences2Year Built1922Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$702 per month

30 year fixed, 7.25% Interest

Principal and Interest

$545

Property Taxes

$157

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4328 East Michigan Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 3653
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491004119398000101
  • Semi Annual Property Tax Amt: 942
  • Tax Year: 2023
  • TaxLot: 7
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Vacant
  • Lot Size Square Feet: 4800.0
  • Lot Size Acres: 0.11
  • New Construction: False
  • Year Built Numeric: 1922
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: Yes
  • Conversion: Yes
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: Tuxedo Park Add L7 & L8 B14
  • Photos Count: 16
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Interior Features
  • Basement YN: No
  • Cooling: None
  • Heating: Baseboard
  • Levels: One
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly

Property History for 4328 East Michigan 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 4328 East Michigan Street

Taxable ValueLand$7,700Additions$5,900Total$13,600
Tax Record2022$1,885 ($157 / month)
Home Facts
Beds2Total Finished SqFt756 SqFtAbove Grade Finished SqFt756 SqFtStories1Lot Size4,800 SqFtStyleSingle Family ResidenceYear Built1922Year Renovated1965ZoningZO01CountyMARIONAPN49-10-04-119-398.000-101Fireplace TypeMasonry

Schools near 4328 East Michigan 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
Ralph Waldo Emerson School 58
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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4328 East Michigan Street is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on March 22, 2024 by Keller Williams Indy Metro S, it's currently listed at $99,900. It has been on the market for a total of 41 days and was last sold on November 28, 2022. This listing's school district is Indianapolis Public Schools. Nearby schools include Ralph Waldo Emerson School 58, Arlington Community Middle School and George Washington Community High School (9-12). 4328 East Michigan Street is a 0-bed, 0-bath, multi-family home built in 1922.

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 Keller Williams Indy Metro S

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.