1625 E Elbert St
Indianapolis, IN 46227
Edgewood- Studio
- 2,000 sqft (on 0.55 acres)
Studio
2,000 sqft
(on 0.55 acres)
Local Information
-- mins to
Description
Great Investment Opportunity To Own This Well Maintained Spacious And Updated Duplex! New Roof, Siding, Gutters, Laminate Flooring, Electrical Breaker Boxes, Detached 3 Car Garage With 200 Amp Service And Large Mini Barn, Separate Drives For Each Unit. Huge Back Yards With Privacy Fence Between Units. Tons Of Natural Light In Each Unit. 3 Bedroom Unit Is Currently Rented At $900 Per Month, Lease Expires October 30th 2019. Owner Currently Lives In The 2 Bedroom Unit Next Door. This Is A Must See!!!
1625 E Elbert St, Indianapolis, IN 46227 is a studio, 2,000 sqft multi-family in Edgewood, built in 1964. It last sold for $188,000 on Jun 4, 2019. More recently, it was listed as a rental in November 2023 with an asking price of $1,400 per month. That rental listing was removed on January 13, 2024. It is currently off market. The Trulia Estimate is $283,300, with a rent estimate of $1,100/month.
Home Highlights
Parking
Garage
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 1625 E Elbert St
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Heating & Cooling Heating: Other, GasAir ConditioningCooling System: CentralHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1Floors: Laminate |
Interior Details AtticNumber of Rooms: 14Ceiling Fan |
Appliances & Utilities DishwasherDryerMicrowaveRefrigerator |
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Exterior Home Features Roof: Shake ShingleExterior: Vinyl, BrickLawnPorch |
Parking & Garage GarageParking Spaces: 3Parking: Garage Detached |
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Year Built Year Built: 1964Year Updated: 1964 |
Property Type / Style Property Type: Multi FamilyArchitecture: Ranch / Rambler |
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Units in Building: 2 |
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Lot Area: 0.55 acres |
Price History for 1625 E Elbert St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/13/2024 | ListingRemoved | Zillow Rentals | |
| 11/08/2023 | $1,400 | Listed For Rent | Zillow Rentals |
| 06/04/2019 | $188,000 | Sold | MIBOR as distributed by MLS GRID #21581433 |
| 06/04/2019 | $194,500 | PendingToActive | Agent Provided |
| 04/10/2019 | $194,500 | Pending | Agent Provided |
| 03/30/2019 | $194,500 | Listed For Sale | Agent Provided |
| 12/23/2015 | $74,100 | Sold | MIBOR as distributed by MLS GRID #21343052 |
| 11/26/2015 | $84,450 | Pending | Agent Provided |
| 10/24/2015 | $84,450 | PriceChange | Agent Provided |
| 07/15/2015 | $94,450 | PriceChange | Agent Provided |
| 05/19/2015 | $99,450 | PriceChange | Agent Provided |
| 03/27/2015 | $108,900 | Listed For Sale | Agent Provided |
Market trends in Indianapolis
Last updated May 2026
Avg. sale price
$238K
$16.58KMoM
Sale-to-List Price
98.7%
0.4%MoM
Price per sq ft
$141
$7MoM
Available listings
3812
187MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,834 |
| Assessment | $340,600 |
Home facts updated by county records
Comparable Sales for 1625 E Elbert St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.82 | Multi-Family Home | $220,000 | 09/26/25 | 4 | 2 | - | |
1.50 | Multi-Family Home | $250,000 | 04/03/26 | 4 | 2 | - | |
1.58 | Multi-Family Home | $281,400 | 05/11/26 | 2 | 1 | - | |
1.76 | Multi-Family Home | $150,900 | 09/05/25 | 2 | - | ||
1.76 | Multi-Family Home | $150,900 | 08/28/25 | 2 | 1 | - | |
1.74 | Multi-Family Home | $205,000 | 04/22/26 | 4 | 2 | - | |
2.27 | Multi-Family Home | $162,000 | 05/14/26 | 2 | 1 | - | |
2.42 | Multi-Family Home | $210,000 | 09/08/25 | 5 | 3 | - | |
2.72 | Multi-Family Home | $130,000 | 08/08/25 | 2 | - | 949 | |
2.28 | Multi-Family Home | $90,000 | 06/30/26 | 3 | 3 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1625 E Elbert St.
What Locals Say about Edgewood
At least 57 Trulia users voted on each feature.
84 % Say car is needed
81 % Say parking is easy
77 % Say yards are well-kept
74 % Say it's dog friendly
68 % Say there's holiday spirit
65 % Say kids play outside
61 % Say people would walk alone at night
57 % Say neighbors are friendly
56 % Say it's quiet
54 % Say they plan to stay for at least 5 years
52 % Say it's walkable to grocery stores
51 % Say there's wildlife
42 % Say streets are well-lit
41 % Say it's walkable to restaurants
40 % Say there are sidewalks
22 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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LGBTQ Local Legal Protections

