6225 N Washington Blvd Indianapolis, IN 46220
Broad Ripple NeighborhoodEstimated payment $3,974/month
Total Views
30,534
4
Beds
4
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Mature Trees
- Detached Garage
- Central Air
About This Home
Great opportunity to acquire a duplex in Broad Ripple, a top desired location for young professionals moving to Indy. Both units have been completely renovated, with beautiful quarts counter tops, new shaker cabinets, new high end appliances and each their own gas FIREPLACE. Bathrooms are brand new, new electrical wiring, new plumbing, and new flooring. One unit has Closet Concepts done in both bedrooms. Each unit is 2 bdrm, 2 ba, with kitchen/family room and basement with their OWN w/washer & Dryer. There is a 2 car garage, that is rented to one of the tenants for $300 monthly. Current rental for the 2 units is $4350 mo (because it is rented to family friends), but easily verify market rent of $2500 or more per UNIT/mo. The units have a strong rental history and low vacancy rates. Both units are rented until April 30, 2025. Proximity to the IndyGo Red Line strengthens the desire for renters. Home was considered in a flood zone when seller bought, but now believe the flood zone has been lifted. The last two owners chose not to have flood insurance. It is up to buyer to confirm if insurance is needed. This home is being sold as one unit (although two separate units). Because units are rented, 48 hrs notice is required for showing. Don't miss this rare opportunity!
Listing Agent
Keller Williams Indy Metro NE License #RB14052382 Listed on: 08/13/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 0.28 Acre Lot
- Mature Trees
Parking
- Detached Garage
Home Design
- Duplex
- Brick Exterior Construction
- Block Foundation
- Aluminum Siding
Interior Spaces
- 2-Story Property
- Basement
- Crawl Space
- Fire and Smoke Detector
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Central Air
Community Details
- Warfleigh Subdivision
Listing and Financial Details
- Tax Lot Warfleigh L420
- Assessor Parcel Number 490335109198000801
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,147 | $286,600 | $57,800 | $228,800 |
| 2023 | $6,147 | $253,300 | $57,800 | $195,500 |
| 2022 | $19,208 | $253,300 | $57,800 | $195,500 |
| 2021 | $6,132 | $260,000 | $41,000 | $219,000 |
| 2020 | $6,041 | $255,200 | $41,000 | $214,200 |
| 2019 | $5,769 | $238,900 | $41,000 | $197,900 |
| 2018 | $5,429 | $222,600 | $41,000 | $181,600 |
| 2017 | $4,632 | $212,300 | $41,000 | $171,300 |
| 2016 | $4,368 | $204,400 | $41,000 | $163,400 |
| 2014 | $3,970 | $183,600 | $41,000 | $142,600 |
| 2013 | $3,728 | $169,400 | $41,000 | $128,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | For Sale | $625,000 | 0.0% | -- |
| 03/31/2025 03/31/25 | Off Market | $625,000 | -- | -- |
| 12/16/2024 12/16/24 | Off Market | $2,350 | -- | -- |
| 11/12/2024 11/12/24 | For Rent | $2,350 | 0.0% | -- |
| 08/13/2024 08/13/24 | For Sale | $625,000 | +109.0% | -- |
| 08/14/2019 08/14/19 | Sold | $299,000 | +3.5% | -- |
| 06/27/2019 06/27/19 | Pending | -- | -- | -- |
| 06/21/2019 06/21/19 | For Sale | $289,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $255,000 | Title Services, Llc | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $392,000 | Credit Line Revolving | |
| Closed | $397,800 | Balloon |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 21995989
APN: 49-03-35-109-198.000-801
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