630 West 41st Street
630 West 41st Street
$160,000
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Closed 4/25/24
Description
Nestled in the vibrant Butler-Tarkington neighborhood, this charming duplex offers a prime investment opportunity amidst the area's ongoing revitalization. Boasting a perfect blend of character and potential, this well-maintained property presents an enticing prospect for investors and house hackers alike. Each unit features 1br/1ba (581sq ft) providing comfortable living spaces, while also offering separate, unfinished basements for additional storage and laundry areas. One side of the duplex is...Nestled in the vibrant Butler-Tarkington neighborhood, this charming duplex offers a prime investment opportunity amidst the area's ongoing revitalization. Boasting a perfect blend of character and potential, this well-maintained property presents an enticing prospect for investors and house hackers alike. Each unit features 1br/1ba (581sq ft) providing comfortable living spaces, while also offering separate, unfinished basements for additional storage and laundry areas. One side of the duplex is currently occupied, generating $800 per month (lease ends 7/31/24). Meanwhile, the other side stands vacant and rent-ready, presenting an excellent chance for immediate occupancy or rental. All utilities are separately metered. Situated in a highly sought-after location, residents will enjoy easy access to downtown Indianapolis, major thoroughfares, Broad Ripple, the State Fairgrounds, Newfields, the Monon Trail, and much more! The neighborhood's ongoing revitalization adds to its appeal, with new builds and renovated homes sprinkled around the area. Furthermore, the property's proximity to Butler University makes it an attractive option for students, faculty, and staff seeking convenient housing solutions. Investors stand to benefit from the property's immediate cash flow potential, with one unit already generating income and the other primed for immediate occupancy. House hackers, on the other hand, can seize the chance to offset their mortgage expenses by living in one unit while renting out the other, thereby building equity and maximizing their investment potential. Don't miss out on this rare opportunity to be a part of one of Indianapolis's most promising neighborhoods. Schedule a viewing today and take the first step towards becoming a part of the exciting growth story unfolding in Butler-Tarkington!
- Listed by Peter Stewart • Keller Williams Indpls Metro N • peter@peterstewartrealty.com
Property Details for 630 West 41st Street
Architectural Style
Ranch
Subdivision NameCulver Riggs & Lynns
TownshipWashington
WaterfrontNo
Location
LISTING UPDATED: 04/25/2024 05:11 PM
Property Details for 630 West 41st Street
Status | Closed |
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MLS # | 21970725 |
Days on Market | 2 |
Taxes | $1,704 semi-annually |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1942 |
Lot Size | 0.10 AC / 4,356 SF |
County | Marion County |
Location
Building Information for 630 West 41st Street
Stories-Residences2Year Built1942Building Size-Lot Size0.10 AC / 4,356 SF
Payment Calculator
$1,157 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 630 West 41st Street
Property History for 630 West 41st Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 630 West 41st Street
Taxable ValueLand$20,700Additions$123,000Total$143,700
Tax Record2022$2,961 ($247 / month)
Home Facts
Beds2Total Finished SqFt581 SqFtAbove Grade Finished SqFt581 SqFtStories1Lot Size4,356 SqFtStyleCondominiumYear Built1942Year Renovated1970ZoningZO01CountyMARIONAPN49-06-14-125-109.000-801Fireplace TypeHas Fireplace
Schools near 630 West 41st 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 - | 9 to 12 |
Rating | School | Distance |
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James Whitcomb Riley School 43 PublicPK to 8 | ||
George Washington Community High School (9-12) Public9 to 12 | ||
Arsenal Technical High School Public9 to 12 | ||
Shortridge 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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