151 Bakemeyer St, Indianapolis, IN 46225
FOR SALE

151 Bakemeyer St
Indianapolis, IN 46225

Garfield Park
  • 7 Beds
  • 2 Baths

$299,900

Est. Mortgage $1,814/mo*

$299,900

Est. Mortgage $1,814/mo*
7 Beds
2 Baths

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Turnkey investment opportunity with immediate cash flow and additional upside flexibility. Investor-friendly setup with one unit already stabilized and the second ready for immediate income placement or the perfect opportunity to house hack. Conveniently located with easy access to downtown Indianapolis, major highways and local amenities. Whether you're a seasoned investor or looking to get started, this is a rare chance to secure a high-yield duplex with built-in upside.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
35 days ago

Home Details for 151 Bakemeyer St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Unfinished
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 2
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: AsphaltOther Structures: StorageFoundation: Block
Frontage
Road Frontage: Access Rd

Days on Market

Cumulative Days on Market: 1Days on Market: 35

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, Duplex
Building
Construction Materials: Aluminum SidingNot a New ConstructionNot Attached Property
Property Information
Condition: Updated/RemodeledUsage of Home: ResidentialParcel Number: 491123121016000101

Price & Status

Price
List Price: $299,900
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: No Subdivision
School Information
High School District: Indianapolis Public Schools

Agent Information

Listing Agent
Listing ID: 22093098

Lot Information

Lot Area: 10454.4 sqft

Business

Expense
Tenant Pays: All Utilities

Miscellaneous

BasementMls Number: 22093098
Last check for updates: about 7 hours ago
Listing Provided by: Matthew Ford
Indiana Ford Realty LLC
Source: MIBOR as distributed by MLS GRID, MLS#22093098

Price History for 151 Bakemeyer St

DatePriceEventSource
04/02/2026$299,900Listed For SaleMIBOR as distributed by MLS GRID #22093098
02/25/2026$1,600ListingRemovedZillow Rentals
01/09/2026$1,600Listed For RentZillow Rentals
01/08/2026$1,600ListingRemovedZillow Rentals
08/14/2025$1,600Listed For RentZillow Rentals
03/31/2025$175,000Sold
MIBOR as distributed by MLS GRID #22019413
03/07/2025$210,000PendingMIBOR as distributed by MLS GRID #22019413
02/20/2025$210,000PriceChange
MIBOR as distributed by MLS GRID #22019413
01/27/2025$220,000PriceChange
MIBOR as distributed by MLS GRID #22019413
10/31/2022$200,000Listed For SaleMIBOR as distributed by MLS GRID #21890883
10/01/2021ListingRemovedMIBOR as distributed by MLS GRID #21797977
08/17/2021$185,000PriceChange
MIBOR as distributed by MLS GRID #21797977
07/08/2021$200,000Listed For SaleMIBOR as distributed by MLS GRID #21797977
12/21/2018$43,000Sold
MIBOR as distributed by MLS GRID #21600963
11/27/2018$40,000PendingAgent Provided
11/26/2018$40,000PendingToActiveAgent Provided
10/30/2018$40,000PendingAgent Provided
10/13/2018$40,000Listed For SaleAgent Provided
06/20/2018$39,958Sold
N/A

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Property Tax and Assessment

Year2025
Tax$2,102
Assessment$101,600
Home facts updated by county records

Comparable Sales for 151 Bakemeyer St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Multi-Family Home
$198,000
08/15/25
2
1
-
0.47
Multi-Family Home
$250,000
03/30/26
4
2
-
0.51
Multi-Family Home
$215,000
05/16/25
3
2
-
1.17
Multi-Family Home
$160,000
09/04/25
4
2
-
1.10
Multi-Family Home
$285,000
03/27/26
6
4
-
1.32
Multi-Family Home
$135,000
06/05/25
4
3
-
0.84
Multi-Family Home
$598,500
12/12/25
3
4
-
1.34
Multi-Family Home
$175,000
12/22/25
2
2
-

Assigned Schools

These are the assigned schools for 151 Bakemeyer St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Garfield Park

At least 25 Trulia users voted on each feature.
  • 88 % Say parking is easy

  • 81 % Say it's dog friendly

  • 81 % Say there are sidewalks

  • 76 % Say yards are well-kept

  • 74 % Say car is needed

  • 66 % Say there's holiday spirit

  • 62 % Say there's wildlife

  • 59 % Say it's walkable to restaurants

  • 56 % Say kids play outside

  • 54 % Say neighbors are friendly

  • 43 % Say they plan to stay for at least 5 years

  • 39 % Say it's walkable to grocery stores

  • 38 % Say it's quiet

  • 37 % Say streets are well-lit

  • 28 % Say there are community events

  • 27 % Say people would walk alone at night

Learn more about our methodology.
  • Homeservicesinc2020
    "Its a great neighborhood. I used to go to the church. All good people. only thing you should be careful of is the few drug abusers that might stay in the park. "
  • Ashley B.
    "We have good access to public transit. Getting to downtown is pretty easy. Traffic can get busy, but it can every where "
  • 2000karengp
    "There are concerts sometimes or festivals that take place in this area mostly during the spring/summer time"
  • Aj246306
    "i’ve lived her for 8 years and it’s amazing how close everything is. i walk or skateboard everywhere i need to go"
  • Anna P.
    "I live in a secluded area where a lot of folks know tou but stay to themselves. gossip also runs easily around this neighborhood"
  • Jonette M.
    "There are many homeowners who take care of their homes and yards. There are families and older folks who have resided here for quite awhile. You can here sirens from downtown but fairly quite neighborhood."
  • Aprber92
    "Some streets are fine, but the closer to Shelby the shadier. A woman I don’t know OD’d on my front steps last week. "
  • Brandon
    "The Park hosts all kinds of events, from a 3 day bluegrass music festival at the outdoor amphitheatre to a reptile and amphibian day at the conservatory greenhouse to movies and beer at the sunken gardens. Plus, swimming at the pool, art classes at the art center, and gardening events at the gardens. And a library! Garfield Park is a great place to live so close to downtown."
  • Arm k.
    "There are tonnes of activities for families within the park and conservatory. Joining the neighborhood groups and attending the Farmers Market is a huge benefit when living in this area. "
  • Laura
    "I've lived in this neighborhood my whole life. Can't imagine living anywhere else. It has a small town feel, even though it's in the middle of the city. I love that with in a 5 minute drive I can be down town or Fountain sqaure, but our house is much more affordable. "

LGBTQ Local Legal Protections

Matthew Ford, Indiana Ford Realty LLC
Based on information submitted to the MLS GRID as of 2026-05-07 15:33:20 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
151 Bakemeyer St, Indianapolis, IN 46225 is a 7 bedroom, 2 bathroom multi-family built in 1925. 151 Bakemeyer St is located in Garfield Park, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Apr 2, 2026. The MLS # for this home is MLS# 22093098.