4716 Caroline Avenue

Indianapolis, IN 46205

$214,999
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Profitable duplex in SoBro with $1,825/month rent, fully leased with dependable tenants. Please do not disturb tenants! Each unit features a living room, kitchen with ample storage including built-in cabinets, one bedroom, one bathroom with shower/tub combo and a basement with laundry hookups. Garage for parking or additional storage. New roof! Tenants cover most utilities, except water/sewer (roughly $56/month). Leases: $910 (ends Dec 2024) and $915 (ends Feb 2025). You'll find bars and restaurants...Profitable duplex in SoBro with $1,825/month rent, fully leased with dependable tenants. Please do not disturb tenants! Each unit features a living room, kitchen with ample storage including built-in cabinets, one bedroom, one bathroom with shower/tub combo and a basement with laundry hookups. Garage for parking or additional storage. New roof! Tenants cover most utilities, except water/sewer (roughly $56/month). Leases: $910 (ends Dec 2024) and $915 (ends Feb 2025). You'll find bars and restaurants within a quarter mile! An affordable opportunity to start or enhance your rental portfolio, don't miss it!
  1. Listed by Miranda Black • eXp Realty, LLC • miranda.black@exprealty.com

Property Details for 4716 Caroline Avenue

Architectural Style
Bungalow
Subdivision Name
Bellaire
Township
Washington

Location

Listing Courtesy of eXp Realty, LLC
Add your commute
LISTING UPDATED: 04/24/2024 11:54 AM

Property Details for 4716 Caroline Avenue

StatusActive
MLS #21975094
Days on Market12
Taxes$891 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1942
Lot Size0.12 AC / 5,227 SF
CountyMarion County

Location

Listing Courtesy of eXp Realty, LLC
Add your commute

Building Information for 4716 Caroline Avenue

Stories-Residences2Year Built1942Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$1,322 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,173

Property Taxes

$149

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4716 Caroline Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46205
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490707139833000801
  • Semi Annual Property Tax Amt: 891.46
  • Tax Year: 2022
  • TaxLot: 217
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: Sewer, Water
Parking
  • Garage Spaces: 1.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Description: Sidewalks, Mature Trees
  • Lot Size Square Feet: 5201.0
  • Lot Size Acres: 0.12
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1942
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Legal Subdivision: BELLAIRE L217
  • Photos Count: 15
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Building Utilities: Separate Gas Meter,Municipal Storm Connected
  • Solid Waste: No
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
Interior Features
  • Basement YN: Yes
  • Cooling: Separate Meters
  • Levels: One
  • Laundry Features: Connections All
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: 2 Car Garage, 1 Car Space
Income & Expenses
  • Expenses: 672
  • Gross Income: $21,900.00
Unit 1
  • Unit Kitchen: 12x11
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced
Unit 2
  • Unit Kitchen: 14x8
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced
Rental
Rental Information
  • Tenant Pays: Gas, Trash Collection

Property History for 4716 Caroline 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 4716 Caroline Avenue

Taxable ValueLand$11,600Additions$51,600Total$63,200
Tax Record2019$1,509 ($126 / month)
Home Facts
Total Finished SqFt562 SqFtAbove Grade Finished SqFt562 SqFtUnfinished Basement SqFt281 SqFtStories1Lot Size5,201 SqFtStyleDuplexYear Built1942Year Renovated1956CountyMARIONAPN490707139833000801

Schools near 4716 Caroline Avenue

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 - PK to 8
Rating
School
Distance
James Whitcomb Riley School 43
PublicPK to 8

Arsenal Technical High School
Public9 to 12

Rousseau McClellan School 91
PublicPK to 8

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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4716 Caroline Avenue is a multi-family home for sale in Indianapolis, IN 46205. This property was listed for sale on April 22, 2024 by eXp Realty, LLC, it's currently listed at $214,999. It has been on the market for a total of 12 days and was last sold on February 10, 2023. This listing's school district is Indianapolis Public Schools. Nearby schools include James Whitcomb Riley School 43, George Washington Community High School (9-12) and Arsenal Technical High School. 4716 Caroline Avenue is a 0-bed, 0-bath, multi-family home built in 1942.

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 eXp 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.