- – beds
- – baths
- – sqft
- 8,407 sqft lot
- 1940 build
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This Butler-Tarkington duplex sounds like a dream for those who appreciate historic charm and the allure of an income producing opportunity! Live in one unit and have rent income from the second. With original hardwoods, preserved woodwork, and vintage glass doorknobs, it exudes old-world charm while offering modern conveniences like updated kitchens and separate HVAC, electric, and water meters for each unit. Kenwood, the 3-bedroom unit, boasts a formal dining area, a living room with a fireplace, and French doors opening to a covered patio, while 137 W 47th Street, the 2-bedroom unit, features a large study that could easily serve as a third bedroom and a spacious screened-in porch with access to a private yard. Storage won't be an issue with dedicated basement areas for each unit, complete with laundry rooms and washers & dryers included. Plus, the 2-car detached garage with separate entry doors provides convenience for both units. An exceptional opportunity for those seeking the charm of a historic neighborhood combined with the comfort of convenient amenities. Only Kenwood unit is pictured, 137 w 47th street is tenant occupied, please do not disturb. Can be viewed by a separate appointment with serious buyers.
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Last updated Jul 1, 2025
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MLS# 21980221 —
The Building
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Year Built:1940
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New Construction:false
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Construction Materials:Brick, Vinyl Siding
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Architectural Style:Craftsman, Other
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Levels:Two
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Basement:true
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Basement:Daylight/Lookout Windows, Full, Roughed In, Storage Space
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Foundation Details:Block
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Exterior Features:Rain Barrel/Cistern(s), Other
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Green Certification:No
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Building Information:Storage
Interior
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Laundry Features:Connections All
Financial & Terms
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Buyer Financing:Conventional
Location
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Directions:GPS Friendly
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Latitude:39.840949
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Longitude:-86.160959
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:Duplex
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Property Attached:false
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Parcel Number:490611105052000801
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Acres:<1/4 Acre
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Lot Features:Corner Lot, Mature Trees
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Lot Size Acres:0.19
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Lot Size SqFt:8,407 Sqft
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Price Per Acre:2447368
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Property Condition:Updated/Remodeled
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Structure Type:Duplex
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Fence:No
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Current Use:Residential
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Possible Use:Residential, See Remarks
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Road Access:Not Applic
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Road Frontage Type:City Street
Listing Agent
- Contact info:
- Agent phone:
- (317) 339-3315
- Office phone:
- (317) 205-4320
Taxes
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Tax Lot:31
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Tax Year:2023
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Tax Exemptions:None
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Semi Annual Property Tax Amt:4957
The Listing
Heating & Cooling
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Heating:Gas
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Cooling:Central Electric
Utilities
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Building Utilities:Separate Gas Meter,Separate Sewer Meter,Municipal Storm Connected
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Solid Waste:Yes
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:A V Browns W Meridian
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Amenities:Sunroom unit 2
Parking
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Parking:2 Car Garage,On Street
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Parking Features:Detached
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Garage Spaces:2
Extra Units
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# of Units Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/3/24
Jul 3, 2024
|
Sold | MIBOR | $465,000 | -4.9% |
6/5/24
Jun 5, 2024
|
Pending | MIBOR | $489,000 | |
5/31/24
May 31, 2024
|
Listed / Active | MIBOR | $489,000 | 99.6% (4.8% / YR) |