1 of 4

432 N Hamilton Avenue

Indianapolis, IN 46201

– beds
– baths
– sqft
5,227 sqft lot
1899 build

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Located near the heart of downtown Indianapolis, this property presents a great opportunity to see your vision come to fruition. Previously zoned into condo units, this property is being sold as two condo units together. Priced accordingly due to fire damage to property. Full renovation needed throughout. Located in an area with red hot activity, value add ability, rising rents, and huge upside. This is great value in burgeoning Near East location!

Listing courtesy of MIBOR / Keller Williams Indy Metro S

Last checked: Checking… • Last updated Jul 10, 2025 •

MLS# 22031755 —

The Building

Year Built:

1899
New Construction:

false
Construction Materials:

Block, Vinyl Siding
Architectural Style:

Craftsman, Traditional
Roof:

Asphalt
Foundation Details:

Block
Levels:

Two
Basement:

true
Basement:

Unfinished
Direction Faces:

East

Interior

Laundry Features:

In Basement

Financial & Terms

Buyer Financing:

Cash

Location

Directions:

Head East on Washington Street, turn North onto North State Avenue, right onto East New York Street, then north onto North Hamilton Avenue. Property will be on the left.
Latitude:

39.773683
Longitude:

-86.125679

The Property

View:

true
Property Type:

Residential Income
Property Subtype:

Duplex
Property Attached:

true
Parcel Number:

491006106240001101
Acres:

<1/4 Acre
Lot Features:

Access, City Lot, Curbs, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights, Mature Trees, Trees-Small (Under 20 Ft), See Remarks, Other
Lot Size Acres:

0.12
Lot Size SqFt:

5,227 Sqft
Price Per Acre:

416667
Property Condition:

Fixer
Additional Parcels:

true
Additional Parcels Description:

49-10-06-106-240.000-101
Structure Type:

Apartment Building, Duplex
View:

City, Downtown, Neighborhood, Skyline, Trees/Woods
View:

true
Waterfront:

false
Fence:

No
Current Use:

Vacant
Possible Use:

Comm Mul Ten, See Remarks
Road Access:

Access Rd
Road Frontage Type:

City Street
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Lot:

B
Tax Year:

2024
Semi Annual Property Tax Amt:

1964

The Listing

Disclosures:

BankOwned

Heating & Cooling

Heating:

None
Cooling:

None

Utilities

Building Utilities:

Sewer,Storm Sewer,Water
Solid Waste:

Yes

Schools

Elementary School:

Washington Irving Neighborhood School
Middle Or Junior School:

H L Harshman Middle School
High School:

Arsenal Technical High School
High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

No Subdivision

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/10/25 Jul 10, 2025	Sold	MIBOR	$50,000	-13.5%
6/27/25 Jun 27, 2025	Pending	MIBOR	$57,800
5/9/25 May 9, 2025	Price Changed	MIBOR	$57,800	-53.8%

Multifamily Sold on 7/10/2025

– Foreclosure

$50,000

Listing provided by broker:

Chris Price

Keller Williams Indy Metro S

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Listing Courtesy of: MIBOR and Keller Williams Indy Metro S.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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432 N Hamilton Avenue

Indianapolis, IN 46201