6 months on rocket

926 N Tuxedo St, Indianapolis, IN, 46201

$249,900

Home List Price

$2,968*

Closing Credit

0 Baths
Multi

Location

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926 N Tuxedo St, Indianapolis$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1910
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #21977680
Lot Size0.16 Acres
StatusActive

About 926 N Tuxedo St

PRICE IMPROVED!! Welcome to your next investment gem located in the thriving near eastside of Indianapolis! This great remodeled duplex presents an ideal turnkey opportunity for discerning investors and house hackers seeking stable rental income with a potential for long term appreciation. Renovated just a few years ago, this duplex offers two spacious units, each with 3 bedrooms, 1 bathroom, and a generous 1232 square feet of living space. Additionally, both units feature full unfinished basements with laundry hookups, providing added convenience and storage options. Currently one side is occupied (926) and one is vacant, making this property a great option for both investors and house hacking owner occupants. The occupied side has a gross rent of $1150 per month, and the other unit could most likely get $1200-1300 or much more if section 8. Tenants are responsible for all utilities and the property is under professional management, streamlining operations and expenses for the owner. Moreover, with downtown Indianapolis just a quick 10-minute drive away, residents enjoy easy access to urban amenities, employment opportunities, and entertainment options. Situated amidst a backdrop of ongoing development, this duplex is strategically positioned to capitalize on the area's growth and appreciation potential. Don't miss out on this prime opportunity to secure a turnkey rental property near downtown Indianapolis! Property sold as-is.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1910

Listing Office:

  • Office Name: Keller Williams Indpls Metro N
  • Office Email: peter@peterstewartrealty.com
  • Listing Agent: Peter Stewart

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.16 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: $249,900

Tax Information:

  • Annual Amount: $890
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

926 N Tuxedo St vs Indianapolis

196 DAYS ON ROCKET

+165 Days

$249,900

+$4.3K More

KEY TAKEAWAY

This property is $4.3K 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: #21977680

Listing Office:

  • Office Name: Keller Williams Indpls Metro N
  • Office Email: peter@peterstewartrealty.com
  • Listing Agent: Peter Stewart

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: 11/21/2024, 9:16:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$890$62,700
2019$3,762$58,100
2018$1,455$64,100
2017$1,125$62,700

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-249700
3
/10
  • Brookside Elementary School 54

  • 3150 E 10th St

  • 0.24 miles

  • Public District Grades KG-6

school-card-donut-249701
4
/10
  • Thomas D. Gregg Elementary School 15

  • 2302 E Michigan St

  • 0.76 miles

  • Public District Grades PK-6

school-card-donut-249702
3
/10
  • Ralph W. Emerson Elementary School 58

  • 321 N Linwood Ave

  • 0.99 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,811. Most Indianapolis, IN residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMarion CountyIndianapolis46201926 N Tuxedo St

This home is located at 926 N Tuxedo St in Indianapolis, IN and zip code 46201 in the Near Eastside neighborhood. This home, which was built in 1910, sits on a 0.16 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $249,900.

In October 2024 more than 170 listings in Indianapolis, IN were sold above the asking price. During the same period more than 256 listings were sold at asking price, while more than 519 were sold below. Between September 2024 and October 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 3.7%. In October 2024 median list price was $245,515 and the average listing age was 31 days.

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

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