537 E 11th Street
Indianapolis, IN 46202
- – beds
- – baths
- – sqft
- 6,011 sqft lot
- 1880 build
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Four units that are four blocks from Mass Ave! Rents are far below current market rate due to long term tenants & leases. Please check attachments for expiration dates. Possession is subject to tenants rights. Leases to be transferred to the new owner. Sale to be "as is". Fireplace in units #2 & 4 are not operable. Operating expenses & other info in attachments. 3 car garage.
Last checked:
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Last updated Apr 5, 2025
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MLS# 21665692 —
The Building
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Year Built:1880
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New Construction:false
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Construction Materials:Brick,Wood
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Architectural Style:Victorian
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Levels:Two
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Basement:false
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Foundation Details:Brick,Crawl Space
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Exterior Features:Fence Partial
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Green Certification:No
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Building Information:Smoke Alarm
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Gross Area SqFt:3690
Interior
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Laundry:Common
Location
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Directions:On 11th St between Central and College on the South side of the street
The Property
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View:true
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Property Type:Residential Income
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Property Subtype:1-4 Units Residential
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Property Attached:false
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Property Description:Four units that are four blocks from Mass Ave! Rents are far below current market rate due to long term tenants & leases. Please check attachments for expiration dates. Possession is subject to tenants rights. Leases to be transferred to the new owner. Sale to be "as is". Fireplace in units #2 & 4 are not operable. Operating expenses & other info in attachments. 3 car garage.
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Parcel Number:490636143001000101
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Acres:<1/4 Acre
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Lot Number:3
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Lot Information:Access Alley,Sidewalks,Street Lights
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Lot Size:6,011
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Lot Size Acres:0.138
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Zoning:Multi
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Structure Type:Quadruplex
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Current Use:Apt<20
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Possible Use:Residential
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Road Access:CityStreet
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (317) 844-4400
- Office phone:
- (317) 844-4400
Taxes
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Tax Year:2018
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Tax Exemptions:None
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Semi Annual Property Tax Amt:1411
The Listing
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Disclosures:Not Applicable
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Inspection Warranties:Not Applicable
Utilities
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Building Utilities:Electric,Separate Electric Meter,Separate Gas Meter,Cable Available,Municipal Sewer Connected,Municipal Water Connected
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Solid Waste:1
Schools
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School District:Indianapolis Public Schools
The Community
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Subdivision Name:COSBYS SUB OVIS BUTLERS 1ST ADD
Parking
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Parking:On Street,Other
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Garage Spaces:3
Extra Units
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# of Units Total:4
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Unit 1 Levels:1.0000
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Unit 1 # of Rooms:4
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Unit 1 Kitchen:08x12
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Unit 1 Beds Total:1
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Unit 1 Master Bedroom:09x12
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Unit 1 Baths Total:1
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Unit 1 Utilities:ClCntrlAir,FuelElec,FuelGas,Other
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Unit 1 Miscellaneous:Dishwasher,Disposal,Range/Oven,Refrigrater
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Unit 1 SqFt:900
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Unit 2 Levels:1.0000
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Unit 2 # of Rooms:4
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Unit 2 Kitchen:09x09
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Unit 2 Beds Total:1
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Unit 2 Master Bedroom:12x11
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Unit 2 Baths Total:1
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Unit 2 Utilities:ClCntrlAir,FuelElec,FuelGas,Other
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Unit 2 Miscellaneous:Dishwasher,Range/Oven,Refrigrater
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Unit 2 SqFt:900
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Unit 3 # of Rooms:4
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Unit 3 Levels:2.0000
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Unit 3 Kitchen:12x07
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Unit 3 Beds Total:1
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Unit 3 Master Bedroom:12x10
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Unit 3 Baths Total:1
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Unit 3 Utilities:ClCntrlAir,FuelElec,FuelGas,HeatForced,Other
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Unit 3 Miscellaneous:Dishwasher
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Unit 3 SqFt:900
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Unit 4 Levels:2.0000
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Unit 4 # of Rooms:4
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Unit 4 Kitchen:15x10
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Unit 4 Beds Total:1
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Unit 4 Master Bedroom:12x11
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Unit 4 Baths Total:1
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Unit 4 Utilities:ClCntrlAir,FuelElec,FuelGas,HeatForced,Other
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Unit 4 Miscellaneous:Dishwasher,Fireplace,Range/Oven,Refrigrater
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Unit 4 SqFt:900
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 |
---|---|---|---|---|
3/15/24
Mar 15, 2024
|
MIBOR | $625,000 | -3.1% | |
2/10/24
Feb 10, 2024
|
MIBOR | $645,000 | ||
1/4/24
Jan 4, 2024
|
MIBOR | $645,000 | 54.9% (13.0% / YR) |