633 N Tacoma Ave Indianapolis, IN 46201
Near Eastside Neighborhood
6
Beds
2
Baths
1,160
Sq Ft
4,574
Sq Ft Lot
About This Home
As of April 2025Discover this incredible income-generating duplex located in a charming, historic neighborhood, just a short 10-minute drive from downtown Indianapolis. This turn-key property offers a fantastic opportunity for savvy investors or owner-occupants seeking the perfect house-hacking setup. One unit is currently vacant, giving you the flexibility to select your own tenant or move in yourself while earning income from the rented unit. The duplex boasts impressive curb appeal with classic architectural details that showcase its character. Both units feature spacious layouts with tasteful interior finishes, including hardwood floors, updated kitchens with modern appliances, and stylish bathrooms. Thoughtful touches throughout create a warm and inviting atmosphere, making these units highly desirable to tenants. With excellent rental rates already being achieved, this property is a prime investment opportunity. Its attractive exterior, strategic location near downtown amenities, and house-hacking potential make this duplex a smart choice for building wealth through real estate. Whether you're an investor or looking to live in one unit while renting out the other, this property is ready to make your real estate goals a reality.
Last Agent to Sell the Property
Keller Williams Indy Metro S Brokerage Email: denisobrien.kw@gmail.com License #RB14047311
Co-Listed By
Keller Williams Indy Metro S Brokerage Email: denisobrien.kw@gmail.com License #RB22002009
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,700
Year Built
- Built in 1920
Lot Details
- 4,574 Sq Ft Lot
- Mature Trees
Home Design
- Duplex
- Block Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Cellar
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Schools
- Thomas D Gregg School 15 Elementary School
- Arsenal Technical High School
Additional Features
- City Lot
- Forced Air Heating System
Community Details
- Mcginnis Sub Hanna Heirs Add Subdivision
Listing and Financial Details
- Tenant pays for all utilities, electricity
- The owner pays for ins hazard
- Tax Lot 49-10-05-189-079.000-101
- Assessor Parcel Number 491005189079000101
- Seller Concessions Offered
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Sold | $320,000 | -1.5% | $276 / Sq Ft |
| 02/13/2025 02/13/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | Price Changed | $325,000 | -4.1% | $280 / Sq Ft |
| 02/03/2025 02/03/25 | Price Changed | $339,000 | -1.7% | $292 / Sq Ft |
| 01/26/2025 01/26/25 | For Sale | $345,000 | +97.1% | $297 / Sq Ft |
| 10/18/2022 10/18/22 | Sold | $175,000 | -7.8% | $151 / Sq Ft |
| 09/16/2022 09/16/22 | Pending | -- | -- | -- |
| 09/08/2022 09/08/22 | For Sale | $189,900 | -- | $164 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
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 | $3,820 | $165,000 | $22,800 | $142,200 |
| 2023 | $3,820 | $156,000 | $22,800 | $133,200 |
| 2022 | $1,664 | $65,500 | $22,800 | $42,700 |
| 2021 | $1,482 | $59,200 | $22,800 | $36,400 |
| 2020 | $1,124 | $43,600 | $2,100 | $41,500 |
| 2019 | $1,069 | $40,500 | $2,100 | $38,400 |
| 2018 | $871 | $31,900 | $2,100 | $29,800 |
| 2017 | $774 | $31,300 | $2,100 | $29,200 |
| 2016 | $612 | $24,300 | $2,100 | $22,200 |
| 2014 | $428 | $19,800 | $2,100 | $17,700 |
| 2013 | $412 | $19,800 | $2,100 | $17,700 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | VA | |
| Previous Owner | $237,250 | New Conventional | |
| Previous Owner | $131,250 | New Conventional | |
| Previous Owner | $50,000 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $175,000 | -- | |
| Quit Claim Deed | $30,000 | None Listed On Document | |
| Warranty Deed | -- | Carpenter Title Agency Inc | |
| Corporate Deed | -- | None Available | |
| Special Warranty Deed | -- | Federated Land Title Agency | |
| Sheriffs Deed | $25,500 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22019428
APN: 49-10-05-189-079.000-101
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