5234 N College Avenue
Indianapolis, IN 46220
- – beds
- – baths
- – sqft
- 5,619 sqft lot
- 1922 build
Large remodeled duplex in the heart of Meridian-Kessler, offering the perfect blend of charm, modern updates, and a highly walkable location. Each spacious unit features 3 bedrooms and 1.5 bathrooms with updated kitchens and bathrooms completed in 2021. The major mechanicals of HVAC systems and water heaters were also replaced in 2021 for added peace of mind. Tenants enjoy private, fenced-in yards and convenient off-street parking. Ideally located walking distance from some of Indy's favorite local spots, this property offers unbeatable access to the area's best dining and neighborhood amenities. The 5234 unit is leased month-to-month at $1,750, while the 5236 unit is leased at $1,675 through May 31, 2025. This is solid investment opportunity in one of Indianapolis' most sought-after neighborhoods perfect for a an investor or house-hacker.
Last checked:
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Last updated Mar 29, 2025
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MLS# 22028246 —
The Building
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Year Built:1922
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New Construction:false
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Levels:Two
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Basement:true
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Basement:Unfinished
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Foundation Details:Block
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Green Certification:No
Interior
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Laundry Features:Connections All
Location
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Directions:GPS Friendly
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Latitude:39.847898
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Longitude:-86.146118
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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Parcel Number:490612233169000801
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Acres:<1/4 Acre
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Lot Size Acres:0.13
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Lot Size SqFt:5,619 Sqft
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Price Per Acre:3307692
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Structure Type:Duplex
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View:false
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Waterfront:false
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Current Use:See Remarks
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Road Access:Frontage Road
Listing Agent
- Contact info:
- Agent phone:
- (270) 300-8509
- Office phone:
- (260) 385-8550
Taxes
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Tax Lot:8014829
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Tax Year:2023
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Semi Annual Property Tax Amt:2341
Heating & Cooling
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Cooling:Central Electric
Utilities
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Solid Waste:No
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Meridian Kessler
Parking
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Parking:Unpaved
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 |
|---|---|---|---|---|
|
3/28/25
Mar 28, 2025
|
Price Changed | MIBOR | $430,000 | -1.1% |
|
3/21/25
Mar 21, 2025
|
Listed / Active | MIBOR | $435,000 | 744.7% (47.8% / YR) |
|
11/7/24
Nov 7, 2024
|
Listed / Active | MIBOR |
