1872 Shelby Street
Indianapolis, IN 46203
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1890 build
Investor's Dream 7 unit building! Property is tenant occupied and is a part of 3 parcels in desirable Bates Hendricks. Features include a 62'x24' storage building with 2 large overhead doors, an office and a half bath that is also tenant occupied! Home includes covered porch, community laundry room on the main level and 3 private units with kitchen, full bathroom and bedroom. The 2nd level has additional units with living space and 2 common areas with shared kitchen, bathroom and lounge. Long term tenants in place and property has ample parking and detached 2 car garage. Property zoned C2 and located near the Red Line, Garfield Park and provides easy access to I-65 and a few blocks from Fountain Square.
Last checked:
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Last updated Nov 22, 2024
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MLS# 21878149 —
The Building
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Year Built:1890
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New Construction:false
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Construction Materials:Vinyl Siding
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Architectural Style:Multi-Level, TraditonalAmerican
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Levels:Two
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Exterior Features:Driveway Asphalt
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Green Certification:No
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Building Information:Smoke Alarm
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Building Area Source:Assessor
Interior
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Laundry:Common
Location
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Directions:S East Street to E Pleasant Run Parkway North Dr, right onto E Raymond, left onto Shelby Street and home is on your left.
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Commercial Units - 5+
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Property Attached:false
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Parcel Number:491113208612000101
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Acres:1/4-1/2 Acre
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Lot Number:38
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Lot Information:Corner,Tree Mature
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Lot Size:5,327
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Lot Size Acres:0.38
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Structure Type:FreeStand
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Road Access:CityStreet
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 886-8440
- Office phone:
- (317) 800-6254
Taxes
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Tax Year:2021
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Tax Exemptions:HomesteadTaxExemption,MortageTaxExemption
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Semi Annual Property Tax Amt:1361
The Listing
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Disclosures:Not Applicable
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Inspection Warranties:Not Applicable
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Virtual Tour Branded:
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Virtual Tour Unbranded:
Utilities
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Building Utilities:Electric,Sewer,Water
Schools
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School District:Indianapolis Public Schools
The Community
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Subdivision Name:D S BEATYS
Parking
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Parking:Parking Lot,Paved Area
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Garage Spaces:1
Extra Units
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# of Units Total:7
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 |
|---|---|---|---|---|
|
10/24/22
Oct 24, 2022
|
Relisted | MIBOR | $450,000 | -10.0% |
|
10/7/22
Oct 7, 2022
|
Pending | MIBOR | $500,000 | |
|
8/19/22
Aug 19, 2022
|
Listed / Active | MIBOR | $500,000 |
