#22005152, David Jessee, Listing Office: F.C. Tucker Company
3818 Central Ave Indianapolis, IN 46205
Property details
About 3818 Central Ave
This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.
Highlights
Summary
- Basement: Yes
- Architectural Style: TraditonalAmerican
- List Price: $700,000
- Annual Tax Amount: $3,885
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1920
- Lot Size: 0.2 Acres
- MLS Number: 22037069
- MLS Name: MIBOR
- Office Name: Gardner Property Group
- Office Email: Cory@CallGPG.com
- Listing Agent: Cory Gardner
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 5/27/2025, 11:46:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$700,000
3818 Central Ave
$8,313
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 26, 2022 | Home Sold | $670,000 |
Jul 10, 2012 | Home Sold | $62,000 |
Jan 25, 2011 | Home Sold | $55,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $163,800 | $3,885 |
2022 | $91,600 | $2,162 |
2021 | $84,300 | $1,952 |
2020 | $84,300 | $1,999 |
2019 | $79,900 | $2,012 |
2018 | $79,900 | $1,752 |
2017 | $77,600 | $1,648 |
History based on county public records data.
Nearby schools
4
Louis B Russell Jr School 48
Public Charter KG-6
0.4 mi
•3445 Central Ave
3
Kipp Indy Unite Elementary School
Public Charter KG-5
1.5 mi
•1740 E 30th St
2
Tindley Genesis Academy
Public Charter KG-6
1.8 mi
•4020 Meadows Pkwy
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 $71,667. Typical income of Indianapolis, IN residents is less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 3818 Central Ave in Indianapolis, IN and zip code 46205 in the Meridian Kessler neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $700,000.
In April 2025 more than 246 listings in Indianapolis, IN were sold above the asking price. During the same period more than 253 listings were sold at asking price, while more than 546 were sold below. Between March and April 2025, Indianapolis, IN real estate market has seen increase in the number of listings by 4.9%. While the average time on the market in April 2025 was 41 days, the median list price was $250,031.