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$205,000

Listing Price

3beds

--baths

1,218sqft

11,021sqft lot

301 E Southern Ave, Indianapolis, IN 46225

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1920

Year built

Home Details

Dont miss this exceptional duplex located in the highly desirable Garfield Park area! With significant investment and revitalization efforts underway, this is a prime opportunity to secure a property in a flourishing neighborhood. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side out. This duplex is currently occupied by tenants who are on a month-to-month lease, providing $1,950 total/month, with market rent potential of $2,420 total/month. Addresses are 301 and 303 E Southern Ave. Recent updates to the property include a newer roof, fresh paint, modern light fixtures, updated appliances, and renovated kitchen and bathroom, ensuring its attractive to tenants and requires minimal upkeep. Located conveniently on the west side, this property offers easy access to a variety of amenities, including schools, parks, and shopping centers. Enjoy seamless connectivity to S Meridian St, Raymond St, Madison Ave, and highways I-70/65. Major employment hubs such as 16 Tech, IU Health Methodist Hospital, Eli Lilly, and downtown Indianapolis are just a short commute away, enhancing the propertys desirability.

Interior Details

Square Feet
  • 1218

Bedrooms
  • 3

Bathrooms
  • N/A

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 11021

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Duplex Single

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$478

$13,000

$130,600

--%

$143,600

2019

$478

$5,300

$10,200

--%

$15,500

2018

$480

$5,300

$10,200

--%

$15,500

2017

$421

$5,300

$9,400

--%

$14,700

2016

$395

$5,300

$8,600

--%

$13,900

2014

$274

$5,300

$7,400

--%

$12,700

2012

$298

$5,300

$7,400

--%

$12,700

2011

$424

$14,800

$5,400

--%

$20,200

percent-home-icon

Average Home Price in 46225

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$205,000

3 Beds

-- Baths

1,218 Sqft

11,021 Lot (sqft)

Sold 09/29/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
205,000
$
Down payment
41,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,230
$
HOA (Monthly)
0
$
PMI
0
$
$1,327
Your Payment
Total Monthly Payment:$1,327
Percent of Income:23%
Affordable:Yes

Details for 301 E SOUTHERN AVE

Property Debt

Foreclosure Contact Details