2536 Madison Avenue
Indianapolis, IN 46225
- – beds
- – baths
- – sqft
- 8,581 sqft lot
- 1940 build
More homes
Discover this low-maintenance duplex featuring two 2-bed/1-bath units, each in great condition. With ample off-street parking and storage, and located just minutes from downtown Indianapolis, it's a prime opportunity. Both sides tenant occupied allowing for immediate cash flow. 2536 Madison:5/8/24-5/7/25 & 2538 Madison: 4/4/24-4/3/25 both at approximately 960/month. Here is your investor dream, don't miss out on this incredible opportunity!
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Last updated Apr 9, 2025
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MLS# 21980105 —
The Building
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Year Built:1940
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New Construction:false
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Construction Materials:Aluminum Siding
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Architectural Style:Bungalow
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Levels:One
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Basement:true
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Green Certification:No
Financial & Terms
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Buyer Financing:Conventional
Location
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Directions:GPS Friendly
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Latitude:39.730466
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Longitude:-86.154368
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Attached:false
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Parcel Number:491124131009000101
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Acres:<1/4 Acre
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Lot Size Acres:0.2
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Lot Size SqFt:8,581 Sqft
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Price Per Acre:1020000
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Structure Type:Duplex
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Current Use:Residential
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Road Access:Not Applic
Listing Agent
- Contact info:
- Agent phone:
- (317) 522-8727
- Office phone:
- (317) 210-0624
Taxes
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Tax Lot:18
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Tax Year:2024
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Semi Annual Property Tax Amt:1746
Heating & Cooling
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Heating:Forced Air
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Cooling:Central Electric
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:Hoefgens
Parking
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Parking:2 Car Space
Extra Units
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# of Units Total:2
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 |
|---|---|---|---|---|
|
7/8/24
Jul 8, 2024
|
Sold | MIBOR | $204,000 | -5.1% |
|
5/22/24
May 22, 2024
|
Pending | MIBOR | $215,000 | |
|
5/17/24
May 17, 2024
|
Listed / Active | MIBOR | $215,000 | 104.8% (13.4% / YR) |
