630 West 41st Street

Indianapolis, IN 46208

$160,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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!
  1. Listed by Peter Stewart • Keller Williams Indpls Metro N • peter@peterstewartrealty.com

Property Details for 630 West 41st Street

Architectural Style
Ranch
Subdivision Name
Culver Riggs & Lynns
Township
Washington
Waterfront
No

Location

Listing Courtesy of Keller Williams Indpls Metro N

Sold By F.C. Tucker Company

Add your commute
LISTING UPDATED: 04/25/2024 05:11 PM

Property Details for 630 West 41st Street

StatusClosed
MLS #21970725
Days on Market2
Taxes$1,704 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1942
Lot Size0.10 AC / 4,356 SF
CountyMarion County

Location

Listing Courtesy of Keller Williams Indpls Metro N

Sold By F.C. Tucker Company

Add your commute

Building Information for 630 West 41st Street

Stories-Residences2Year Built1942Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$1,157 per month

30 year fixed, 7.25% Interest

Principal and Interest

$873

Property Taxes

$284

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 630 West 41st Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46208
  • Postal Code Plus4: 3846
  • Road Access: Access Rd
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 490614125109000801
  • Semi Annual Property Tax Amt: 1704
  • Tax Exemption: None
  • Tax Year: 2023
  • TaxLot: 267
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: No Utilities
Parking
  • Garage Spaces: 0.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Size Square Feet: 4356.0
  • Lot Size Acres: 0.1
  • New Construction: False
  • Year Built Numeric: 1942
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • Legal Subdivision: Culver Riggs & Lynns Sub L267
  • Photos Count: 22
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Roof: Asphalt
Interior Features
  • Basement Description: Daylight/Lookout Windows, Partial, Unfinished
  • Basement YN: Yes
  • Cooling: None
  • Heating: Forced Air
  • Levels: One
  • Laundry Features: In Basement
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: 2 Car Space
Income & Expenses
  • Expenses: 0
  • Gross Income: $1,600.00
Unit 1
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 1 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 630 West 41st 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 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
James Whitcomb Riley School 43
PublicPK to 8

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.

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 Keller Williams Indpls Metro N

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.