1538 N Grant Avenue
Indianapolis, IN 46201
- – beds
- – baths
- – sqft
- 5,401 sqft lot
- 1929 build
4-unit that could have a great cash flow once fully rented. Perfect Sec8 units. Utilities can be added within Sec8 rents or billed-back to tenants if traditional leases. Professional property management in place. One unit occupied now. Vacant units available to view. Buyers to complete own due diligence about data. Seller bought quad as a rehabbed conversion that was completed in 2021-2022. Sold as-is
Last checked:
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Last updated Apr 11, 2025
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MLS# 22031771 —
The Building
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Year Built:1929
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New Construction:false
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Levels:One
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Basement:true
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Green Certification:No
Location
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Directions:GPS Friendly
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Latitude:39.788363
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Longitude:-86.098515
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Fourplex
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Parcel Number:490733178070000101
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Acres:<1/4 Acre
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Lot Size Acres:0.12
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Lot Size SqFt:5,401 Sqft
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Price Per Acre:2083333
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Structure Type:Quadruplex
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Fence:No
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Current Use:Residential
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Road Access:County Rd
Listing Agent
- Contact info:
- Agent phone:
- (317) 652-1607
- Office phone:
- (317) 572-7036
Taxes
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Tax Lot:4
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Tax Year:2024
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Tax Exemptions:None
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Semi Annual Property Tax Amt:1073
Heating & Cooling
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Heating:Forced Air
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Cooling:None
Utilities
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Glass Works
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/9/25
Apr 9, 2025
|
Listed / Active | MIBOR | $250,000 | |
|
10/14/21
Oct 14, 2021
|
Relisted | MIBOR | ||
|
4/14/21
Apr 14, 2021
|
Pending | MIBOR |
