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4260 Norwaldo Avenue

Indianapolis, IN 46205

– beds
– baths
– sqft
11,060 sqft lot
1945 build

Welcome to this awesome duplex opportunity located near SoBro! This property can be used by an owner occupant to live in one side and rent out the other or for an investor looking to add to their portfolio. Current tenant is moving and is paying $765/month. Market rents are $1,250/per side Section 8 rents are $1,350/per side. Updates include a new water heater on 4260 was replaced in 2023 and new floors were installed in 2020. Water heater on 4262 replaced in 2021, floors replaced 2023, furnace 2024, and exterior paint in 2024. The left unit is currently occupied and will be vacant by closing. Invite friends over and walk to Indy Fuel Games or summer nights at the State Fair. Easy access to all of Indy on Fall Creek, Keystone or Binford.

Listing courtesy of MIBOR / Compass Indiana, LLC

Last checked: Checking… • Last updated Nov 10, 2024 •

MLS# 22010141 —

The Building

Year Built:

1945
New Construction:

false
Construction Materials:

Block
Architectural Style:

TraditonalAmerican
Levels:

One
Basement:

true
Green Certification:

No
Building Information:

Other

Interior

Laundry Features:

Connections All

Location

Directions:

GPS Friendly
Latitude:

39.834531
Longitude:

-86.129218

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Parcel Number:

490718106023000801
Acres:

1/4-1/2 Acre
Lot Features:

Access, Busline
Lot Size Acres:

0.25
Lot Size SqFt:

11,060 Sqft
Price Per Acre:

799600
Structure Type:

Duplex
Current Use:

Residential
Road Access:

Not Applic

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Semi Annual Property Tax Amt:

1618.88

Heating & Cooling

Heating:

Forced Air
Cooling:

None

Utilities

Solid Waste:

No

Schools

High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Montrose

Parking

Parking:

1 Car Garage,Parking Garage

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/9/24 Nov 9, 2024	Pending	MIBOR	$199,900
11/7/24 Nov 7, 2024	Listed / Active	MIBOR	$199,900	280.0% (12.8% / YR)
11/25/02 Nov 25, 2002		MIBOR	$52,600

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This multifamily located in Fairgrounds, Indianapolis, IN 46205 is currently pending sale for $199,900. 4260 Norwaldo Avenue is a – square foot multifamily with – beds and – baths. 4260 Norwaldo Avenue is in the Fairgrounds neighborhood of Indianapolis and has a WalkScore® of 45, making it car-dependent. This multifamily is in the attendance area of James Whitcomb Riley School 43, Arsenal Technical High School, Riverside High School, and George Washington Community High School.

Listing Courtesy of: MIBOR and Compass Indiana, LLC.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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