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1220 E Thompson Road Indianapolis, IN $ 250,000
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1220 E Thompson Road
$ 250,000
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1220 E Thompson Road

Indianapolis, IN, 46227
$ 250,000
Baths0.0

Monthly Estimate*

$ 1,746

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $250,000. This home was built in 1916 on a lot size of 0.71.

Discover an exceptional investment in the thriving neighborhood near Edgewood with this fully occupied triplex. Featuring two cozy upstairs units, each offering 1 bedroom and 1 bathroom, alongside a spacious 2-bedroom, 1-bathroom unit on the first floor, this property presents a diverse range of living options. Enjoy the convenience of steady rental income from all three units, coupled with the allure of a sought-after location close to local amenities and attractions. Seize this prime opportunity to own a profitable piece of real estate in a bustling community.

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Multi-Family Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,472

Style

Lot Size

0.71

Year Built

1916

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21975234
Features
General
Possession Closing
Garage Spaces 2
Year Built 1916
Tenant Pays Other
Township Perry
Levels Two
Property SubType Triplex
Tax Year 2023
Current Use Residential
County Marion
New Construction N
Property Type Residential Income
Subdivision Name No Subdivision
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2.5
High School District Indianapolis Public Schools
Total Units 3
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 31058
Street Name Thompson
Days on Market 1
Standard Status Active
Tax Lot 5002061
Buyer Agent Compensation Type %
Legal Description Longacre Add Pt L39 Beg 836.25Ft E & 10Ft Nof Sw Cor N 390Ft E80ft S 385Ft Sw 80.16Ftto Beg .714Ac
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Exterior
Parking Features Detached
Lot Size Acres 0.71
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Interior
Basement (Y/N) Y
Street Suffix Road
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* Excluded Features
List By
Pmi Indianapolis

Broker

matthew@pmiindy.com

Email

Affordability Calculator

$2,202
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,746
Monthly Property Taxes
$456
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/22/2024$250,000 Listed Price

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1220 E Thompson Road, Indianapolis, IN, 46227 is a Multi-Family Home for sale at $250,000 with a lot size of 0.71. 1220 E Thompson Road is a studio with 0.0 baths and was built in 1916. The property's zip code is 46227 which is in Indianapolis, IN

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