#22030323, Troy Durbin, Listing Office: Coldwell Banker - Kaiser
429 N Colorado Ave Indianapolis, IN 46201
Property details
About 429 N Colorado Ave
This fully renovated duplex on the east side of Indianapolis offers an incredible opportunity for both investors and homeowners looking to offset their mortgage. With both sides vacant and ready to rent, you can move into one side and start collecting rent from the other immediately. Each unit features 2 beds, 1 bath and has been fully renovated in 2022, so there's no work needed-just move in or rent out for instant income. The property boasts brand-new LVP flooring throughout, providing a sleek, durable, and low-maintenance option for both owners and tenants. Located in a prime area close to local amenities, schools, parks, and public transport, this property is perfectly situated for easy living and rental demand. Whether you're looking to live in one unit and rent out the other or add a well-maintained, income-generating asset to your portfolio, this duplex is a fantastic value that you won't want to miss.
Highlights
Summary
- Basement: Yes
- Architectural Style: TraditonalAmerican
- List Price: $259,999
- Annual Tax Amount: $4,442
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1919
- Lot Size: 0.13 Acres
- MLS Number: 22031189
- MLS Name: MIBOR
- Office Name: @properties
- Office Email: tyler@tylerlingle.com
- Listing Agent: Tyler Lingle
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Last updated on: 5/8/2025, 5:16:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$259,999
429 N Colorado Ave
$3,087
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 28, 2022 | Home Sold | $249,000 |
May 11, 2022 | Home Sold | $125,000 |
Apr 13, 2020 | Home Sold | $100,000 |
Jun 05, 2019 | Home Sold | $47,500 |
Sep 22, 2016 | Home Sold | $15,500 |
Sep 22, 2016 | Home Sold | $26,000 |
Aug 02, 2011 | Home Sold | $19,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $187,300 | $4,442 |
2022 | $123,300 | $2,911 |
2021 | $86,100 | $2,007 |
2020 | $86,700 | $339 |
2019 | $84,700 | $332 |
2018 | $9,300 | $293 |
2017 | $8,700 | $648 |
History based on county public records data.
Nearby schools
3
Ralph W. Emerson Elementary School 58
Public District PK-6
0.1 mi
•321 N Linwood Ave
3
Christian Park Elementary School 82
Public District KG-6
1.0 mi
•4700 English Ave
3
Brookside Elementary School 54
Public District KG-6
1.1 mi
•3150 E 10th St
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 $34,440. The majority of Indianapolis, IN residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 429 N Colorado Ave in Indianapolis, IN and zip code 46201 in the Near Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $259,999.
In April 2025, from all listings sold in Indianapolis, IN there were more than 246 sold above asking price, over 546 sold below and more than 253 were sold right at the asked price. In April 2025 in Indianapolis, IN there were 4.9% more homes for sale than in March. 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.