Residential > Multi-family
Pending
11/29/2017
List Price
$129,900
733 25th St
Indianapolis, IN 46208
- 3Beds
- -Bath
- 983ft²Living Area
- 3,920ft²Lot Size
- -Pool
- -Car
- 1920Year Built
- 88DOM
- 4Permits
733 25th St, Indianapolis, IN 46208 is a 3 bed, 983 ft² multi-family home house built in 1920 on a 0.090 acre lot with 4 construction permits. This multi-family home is currently pending, and it was last sold in 2017. The latest TopHap estimate of the multi-family home's value is $115,400.
Property Valuations
Latest estimates for 733 25th St based on TopHap automated valuation model (AVM).
TopHap Estimate
$115,400
$117/ft²
-$15K below List Price
Updated 5 months ago
733 25th St is valued at $115,400 by TopHap AVM 5 months ago.
MLS Description
The listing agent's description. Original Listing
Don't miss this exciting investment opportunity to own a vacant duplex at 733 W 25th St in the heart of Indianapolis! This upstairs/downstairs duplex offers endless flexibility for a savvy investor or owner-occupant. The main level features 2 spacious bedrooms, 1 full bath, and a functional layout, while the upstairs unit includes 1 bedroom plus a bonus room-perfect for a home office, second bedroom, or creative space. Both units are completely vacant and ready for immediate updates, offering a blank canvas to maximize rental potential. Market rent projections are approximately $1,100/month for the lower unit and $850/month for the upper unit, generating an estimated $1,950/month or $23,400/year in gross rental income. All utilities are separately metered, allowing tenants to cover their own electric and gas bills-owner currently pays for water and sewer, which runs approximately $120 per month. This setup helps minimize owner overhead-a major plus for investors! Annual property taxes are only $1,498, with estimated insurance costs of $600/year, and professional property management is projected at 10% of collected rents. Based on current projections, this duplex could deliver a strong 13.1% proforma cap rate, offering excellent cash flow potential. Located near downtown Indianapolis, Riverside Park, I-65, and other major conveniences, this property is ideally positioned for tenant demand and future growth. Live in one unit and rent the other, or lease both units for maximum returns. Bring your vision and turn this versatile property into a high-performing asset today!
Listing Agents
The listing agent for 733 25th St is Charlene Gaard.
CG
Charlene Gaard
No Limit Real Estate, LLC
License: RB14033327
Phone: (317) 440-2149
Permits
733 25th St has 4 permit records.
Permit History
4
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$1,584.50From latest Total Assessed Value2.37%Total Assessed Value$66,800=Land+
Assessed Value$9,800Additions
Assessed Value$57,000
In 2023, taxes billed for 733 25th St were $1,584.5, which is 2.37% from latest Total Assessed Value of $66,800.
Property History
733 25th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 733 25th St
Hazard Risks
Tornado197Wind116Carb Mono107Hail107Weather104Ozone102Air Pollution102Nat'l Avg100Lead91Particulates89Earthquake39Hurricane27
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 733 25th St.
Walkability Index
15 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
733 25th St has a walkability score of 15 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
21°F
High
38°F
Summer
Average
Low
62°F
High
84°F
In the winter at 733 25th St, temperatures range from 20.95°F to 37.91°F with an average of 29.43°F. In the summer, the temperature ranges from 62.02°F to 83.95°F with and average of 72.99°F.
School Information
Public/private schools serving 733 25th St
Public Schools
Shortridge High School
Grades: 9-12
1.40 mi
C
George Washington High School
Grades: 9-12
2.97 mi
F
IPS Butler University Laboratory School 60
Grades: PK-8
1.33 mi
C-
Francis Bellamy Pre-School Center 102
Grades: PK-PK
9.20 mi
Crispus Attucks High School
Grades: 9-12
1.36 mi
F
Arsenal Technical High School
Grades: 9-12
2.67 mi
F
Center For Inquiry School 27
Grades: PK-8
1.48 mi
D-
Northwest Middle School
Grades: 7-8
4.68 mi
F
George Washington Carver Montessori School 87
Grades: PK-8
0.23 mi
C+
Purdue Polytechnic High School
Grades: 9-12
3.07 mi
C+
Riverside High School
Grades: 9-12
2.07 mi
C+
Ignite Achievement Academy School 42
Grades: KG-6
0.41 mi
F
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 733 25th St have ratings undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in North Indianapolis, Indianapolis, IN 46208.
Seasonal Housing units 46208
1%of housing is for seasonal rent.
Daytime Population for 46208
+10%of people during work hours.
Crime Index for 46208
121
121
The crime index in 46208 is 121, which is 1.2 times higher than national average.
Market Trends
Historical market data near 733 25th St over selected time period.
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