#22037693, Shamyl Tufail, Listing Office: eXp Realty, LLC
2968 N Arsenal Ave Indianapolis, IN 46218
Property details
About 2968 N Arsenal Ave
Excellent Investment Opportunity - Income-Producing Duplex! This versatile property offers strong rental potential with two distinct living spaces: Main Level Residence: Spacious and well-maintained, featuring 3 bedrooms and 3 bathrooms, perfect for owner occupancy or long-term rental. Upper-Level Apartment: A charming 2-bedroom, 2-bath unit with unique character. While it doesn't have a designated living room, it includes two cozy alcoves off the kitchen. One bedroom can easily be repurposed as a living space if rented as a one-bedroom unit, offering flexible layout options for tenants. Recent updates have been made in the past few years, and the property is being sold As-Is, Where-Is. Additional features include: Fenced-in backyard - ideal for pets or privacy Gravel off-street parking in the rear Washer/dryer hookup in the upstairs apartment Dedicated laundry area for the main level in the basement Whether you're an investor or looking to live in one unit while renting the other, this property has the potential to generate immediate income!
Highlights
Summary
- Full Bathrooms: 5
- Appliances: Dishwasher, Electric Water Heater, Electric Oven, Refrigerator
- Basement: Yes
- Interior: Windows Vinyl
- Total Bedroom Count: 5
- Architectural Style: Bungalow
- Heating: Forced Air
- List Price: $250,000
- Price/SqFt: $129
- Annual Tax Amount: $1,273
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1920
- Living Area: 1,924 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 22039527
- MLS Name: MIBOR
- Office Name: Brooks Real Estate Services
- Office Email: brooksindyhomes@yahoo.com
- Listing Agent: Constance Quizon
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$250,000
2968 N Arsenal Ave
$2,969
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 08, 2022 | Home Sold | $205,400 |
Aug 18, 2020 | Home Sold | $40,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $126,100 | $1,273 |
2022 | $91,100 | $736 |
2021 | $75,000 | $430 |
2020 | $57,100 | $479 |
2019 | $52,100 | $459 |
2018 | $48,300 | $373 |
2017 | $42,800 | $337 |
History based on county public records data.
Nearby schools
3
Kipp Indy Unite Elementary School
Public Charter KG-5
0.3 mi
•1740 E 30th St
4
Louis B Russell Jr School 48
Public Charter KG-6
1.0 mi
•3445 Central Ave
3
James Russell Lowell Elementary School 51
Public District PK-6
1.6 mi
•3426 Roosevelt Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,667. The most common annual income of people living in Indianapolis, IN is less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 2968 N Arsenal Ave
The listing price of 2968 N Arsenal Ave property is $250,000.
The property 2968 N Arsenal Ave is a house located in Indianapolis, Indiana, 46218.
Active Listing: 2968 N Arsenal Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2968 N Arsenal Ave are: Kipp Indy Unite Elementary School (GreatSchools Rating 3/10), Louis B Russell Jr School 48 (GreatSchools Rating 4/10), James Russell Lowell Elementary School 51 (GreatSchools Rating 3/10), Kipp Indy College Preparatory Middle School (GreatSchools Rating 1/10), Francis Parker Montessori School 56 (GreatSchools Rating 3/10), IPS Butler University Laboratory School 60 (GreatSchools Rating 4/10), Shortridge High School (GreatSchools Rating 2/10), Charles a Tindley Accelerated School (GreatSchools Rating 4/10), Herron High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $1,273 (source: MLS/based on county public records data).
The last sale was on April 8, 2022 for $205,400 (source: MLS/tax record).
The property at 2968 N Arsenal Ave has 5 bedrooms and 5 bathrooms.
The property 2968 N Arsenal Ave is 1,924 SqFt (source: MLS/tax record).
The year of construction for 2968 N Arsenal Ave is 1920.
This home is located at 2968 N Arsenal Ave in Indianapolis, IN and zip code 46218 in the Martindale / Brightwood neighborhood. This 1,924 square foot home, which was built in 1920, sits on a 0.17 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $250,000.
Over 246 listings were sold over their listed price in April 2025 in Indianapolis, IN. In the same period over 546 listings were sold below the listed price and 253 listings were sold for the listed price. Between March and April 2025, Indianapolis, IN real estate market has seen increase in the number of listings by 4.9%. The median list price of listings available in April 2025 was $250,031, while the average time on the real estate market was 41 days.