50-52 North Hamilton Avenue

Indianapolis, IN 46201

$389,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This property has 10 studio units. Each entrance has a shared foyer. The potential of rental income is huge! This neighborhood is in the path of development, it's also in an opportunity zone (a tax incentive), and many properties on this street have already been turned. Hamilton is awaiting its next owner to make their mark. This is a huge value add deal. It has appraised above the listing price last year. Will need some TLC to reach it's full potential. The sellers are selling AS-IS.This property has 10 studio units. Each entrance has a shared foyer. The potential of rental income is huge! This neighborhood is in the path of development, it's also in an opportunity zone (a tax incentive), and many properties on this street have already been turned. Hamilton is awaiting its next owner to make their mark. This is a huge value add deal. It has appraised above the listing price last year. Will need some TLC to reach it's full potential. The sellers are selling AS-IS.
  1. Listed by Dominick Jones • @properties • dominick@atpropertiesind.com

Property Details for 50-52 North Hamilton Avenue

Subdivision Name
Johnson & Hogshire
Township
Center NE
Zoning
D5

Location

Listing Courtesy of @properties
Add your commute
LISTING UPDATED: 04/28/2024 05:21 PM

Property Details for 50-52 North Hamilton Avenue

StatusPending
MLS #21932206
Days on Market267
Taxes$1,103 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyMarion County

Location

Listing Courtesy of @properties
Add your commute

Building Information for 50-52 North Hamilton Avenue

Stories-Residences10Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$2,307 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,123

Property Taxes

$184

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 50-52 North Hamilton Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Head east on Washington from downtown, turn left onto Hamilton. The house is in the middle on west side of street.
  • Postal Code: 46201
  • Postal Code Plus4: 3120
  • Road Access: Access Rd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491006106097000101
  • Semi Annual Property Tax Amt: 1103
  • Tax Year: 2021
  • TaxLot: 49-10-06-106-097.000-101
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 5184.0
  • Lot Size Acres: 0.12
  • New Construction: False
  • Year Built Numeric: 1900
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • Legal Subdivision: Johnson & Hogshires E Wash St Add L40(50 - 52 N. Hamilton Ave.)
  • Photos Count: 8
  • 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: Yes
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 10
  • Garage Parking: Unpaved
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 154
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Studio

Property History for 50-52 North Hamilton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 50-52 North Hamilton Avenue

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
Washington Irving School 14
PublicPK to 6

H.L. Harshman Magnet 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 @properties

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.