4 months on rocket

417 N Gladstone Ave, Indianapolis, IN, 46201

$280,000

Home List Price

$3,325*

Closing Credit

0 Baths
Multi

Location

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417 N Gladstone Ave, Indianapolis$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1915
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #21990027
Lot Size0.13 Acres
StatusActive

About 417 N Gladstone Ave

Investor's Dream Duplex Near Downtown Indy, generating $2600 in passive income monthly!! Welcome to this fantastic investment opportunity in the heart of Indianapolis! This duplex is located close to downtown, offering convenience and city living. Each side of this property features 3 bedrooms and 1.5 baths, providing large and comfortable living spaces for the tenants. The duplex offers several attractive features for investors, including newer HVAC systems, newer windows that ensure efficiency and tenant comfort year-round. Recently updated kitchens showcase new flooring, modern appliances, while the bathrooms have been also renovated to appeal to any and all tenants expectations. The exterior and interiors have been freshly painted within the last few years, newer flooring in several rooms that enhances the overall appeal and upkeep of the property. For added peace of mind, this property has been inspected and approved by the City/State, ensuring it meets all safety and habitability standards necessary for hassle-free renting. Both sides of the duplex are currently leased, with reliable tenants who have expressed interest in continuing their occupancy, providing immediate rental income for the new owner. With its great location near downtown Indianapolis, this duplex presents a great opportunity for savvy investors looking to capitalize on a thriving rental market. Whether you're looking to expand your investment portfolio or start anew, this property offers a solid foundation for long-term rental income and growth potential. Don't miss out on this great investment opportunity! Schedule your showing today and seize this lucrative opportunity to invest in Indianapolis Real Estate!

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 1915

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Email: adam@icongrouprealtors.com
  • Listing Agent: Adam Hopkins

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Exterior: Lighting

Virtual/3D Tour

  • Virtual Tour: 417 N Gladstone Ave
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Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000

Tax Information:

  • Annual Amount: $2,219
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

417 N Gladstone Ave vs Indianapolis

144 DAYS ON ROCKET

+108 Days

$280,000

+$31.8K More

KEY TAKEAWAY

This property is $31.8K more than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21990027

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Email: adam@icongrouprealtors.com
  • Listing Agent: Adam Hopkins

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by 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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. 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 Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:16:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 01, 2019Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,219$96,100
2019$2,268$94,000
2018$1,888$89,900
2017$905$83,100

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3530044
3
/10
  • Ralph W. Emerson Elementary School 58

  • 321 N Linwood Ave

  • 0.21 miles

  • Public District Grades PK-6

school-card-donut-3530045
3
/10
  • Christian Park Elementary School 82

  • 4700 English Ave

  • 0.97 miles

  • Public District Grades KG-6

school-card-donut-3530046
3
/10
  • Brookside Elementary School 54

  • 3150 E 10th St

  • 1.03 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,440. The majority of Indianapolis, IN residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMarion CountyIndianapolis46201417 N Gladstone Ave

This home is located at 417 N Gladstone Ave in Indianapolis, IN and zip code 46201 in the Near Eastside neighborhood. This home, which was built in 1915, sits on a 0.13 acre lot. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $280,000.

Over 170 listings were sold over their listed price in November 2024 in Indianapolis, IN. In the same period over 429 listings were sold below the listed price and 231 listings were sold for the listed price. In November 2024 in Indianapolis, IN there were 5.8% less homes for sale than in October 2024. While the average time on the market in November 2024 was 36 days, the median list price was $248,146.

From Rocket Homes Real Estate and based on county public records data.

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