1846 Lambert St, Indianapolis, IN 46221
Property image
Property image
SOLD
AUG 19, 2026

$207,000

Trulia Estimate
  • 3 Beds
  • 2 Baths

1846 Lambert St, Indianapolis, IN 46221

West Indianapolis
Est. Refi. Payment $1,349/mo*
Refinance Your Home
Currently Off Market - Sold Aug 19, 2026 for $207,000 (10% below list price)

Home Value

Trulia Estimate
$207K
Since last month
Decreased$18K (-8.1%)
Since last year
Increased$117K (+130.1%)
Since last sale
$100 (0%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +501% in the last 10 years
MonthEstimated value
2026
September 2026$207K
August 2026$207K
July 2026$225K
June 2026$227K
May 2026$111K
April 2026$110K
March 2026$110K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1329 Kappes St, Indianapolis, IN
0.08
Multi-Family Home
$205,000
09/16/26
4
2
-
1241 Shepard St, Indianapolis, IN
0.05
Multi-Family Home
$150,000
06/25/26
4
2
-
1450 Lee St, Indianapolis, IN
0.24
Multi-Family Home
$155,000
05/04/26
3
2
-
1445 W Lee St, Indianapolis, IN
0.25
Multi-Family Home
$140,000
03/31/26
4
2
-
1229 S Belmont Ave, Indianapolis, IN
0.14
Multi-Family Home
$98,000
02/09/26
2
2
-
1133 S Richland St, Indianapolis, IN
0.24
Multi-Family Home
$170,000
12/03/25
5
2
-
1108 S Richland St, Indianapolis, IN
0.27
Multi-Family Home
$195,000
10/06/25
4
3
-
1921 W Miller St, Indianapolis, IN
0.29
Multi-Family Home
$115,000
03/13/26
3
3
-
1049 S Tremont St, Indianapolis, IN
0.43
Multi-Family Home
$253,000
10/31/25
5
2
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1841 W Lambert St, Indianapolis, IN 46221
0.03
$70,900
3
1
1,640
Off Market
1249 Kappes St, Indianapolis, IN 46221
0.01
-
-
-
-
Off Market
1256 Kappes St, Indianapolis, IN 46221
0.04
$181,000
3
2
1,524
Recently Sold
1329 Kappes St, Indianapolis, IN 46221
0.08
$205,000
4
2
-
Recently Sold
1252 Kappes St, Indianapolis, IN 46221
0.04
$178,600
3
1
1,296
Off Market
1825 Lambert St, Indianapolis, IN 46221
0.06
$187,500
3
2
2,225
Off Market
1825 W Lambert St, Indianapolis, IN 46221
0.06
$168,100
2
1.5
2,225
Off Market
1242 S Shepard St, Indianapolis, IN 46221
0.03
$153,200
5
2
-
Off Market
1235 Kappes St, Indianapolis, IN 46221
0.03
$115,000
4
2
1,678
Recently Sold
1245 Shepard St, Indianapolis, IN 46221
0.05
-
-
-
-
Off Market
1305 S Hiatt St, Indianapolis, IN 46221
0.08
$199,300
4
2.5
2,550
Off Market

Local Information

  • Map ViewExplore the area around 1846 Lambert St.
  • Schools9 Preschool Schools12 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1900

About this House

Turnkey Income-Producing Duplex Investment Opportunity in Indianapolis! Currently producing approximately $34,800 a year. Don't miss your chance to own this fully occupied, income-producing duplex at 1846 W Lambert Street. Featuring two spacious units, each offering 3 bedrooms and 2 full bathrooms, this property is an excellent addition to any investment portfolio. Both units are currently leased for $1,450 per month, providing immediate and consistent rental income. Each unit features a functional layout with two bedrooms and a full bathroom on the main level, while the private upstairs primary suite includes its own full bathroom. Recently remodeled on the interior, the property offers updated living spaces that appeal to tenants while helping minimize future maintenance concerns. Whether you're a seasoned investor looking to expand your portfolio or searching for a turnkey rental property, this duplex checks all the boxes. With strong rental income, modern updates, and full occupancy already in place, this is a turnkey investment opportunity you won't want to miss. Schedule your showing today!
1846 Lambert St, Indianapolis, IN 46221 is a 3 bedroom, 2 bathroom multi-family in West Indianapolis, built in 1900. It last sold for $207,000 on Aug 19, 2026 (10% below the $229,900 asking price). More recently, it was listed as a rental in December 2018 with an asking price of $525 per month. That rental listing was removed on February 21, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $207,000, with a rent estimate of $1,060/month.
Last check for updates: about 16 hours ago
Listed by Corina Jones, (317) 281-7996
Your Home Team
Seth Ragon
Your Home Team
Bought with: Peter Stewart, Keller Williams Indpls Metro N
Source: MIBOR as distributed by MLS GRID, MLS#22107086

Home Details for 1846 Lambert St

Active Status

MLS Status: Sold

Interior Features

Interior Details
Basement: Partial
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (main level): 6
Appliances & Utilities
Laundry: Connections All,Main Level
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Foundation: Block
Parking & Garage
Other Parking: Unit Parking(On Street, Unpaved)No CarportNo Attached GarageParking: Alley Access,Gravel
Frontage
Road Frontage: Frontage Road

Days on Market

Cumulative Days on Market: 8

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: Updated/RemodeledParcel Number: 491115133009000101

Price & Status

Price
List Price: $229,900
Status Change & Dates
Off Market Date: Tue Jun 30 2026Possession Timing: Negotiable

Location

Direction & Address
City: IndianapolisCommunity: Tweeds Oxford Park
School Information
High School District: Indianapolis Public Schools

Lot Information

Lot Area: 4356 sqft

Listing Info

Special Conditions: As Is

Business

Expense
Tenant Pays: Electricity, Gas, Insurance

Rental Terms, Policies & Fees

Owner Pays: Water

Miscellaneous

BasementMls Number: 22107086

Price and Tax history

DateEventPrice
Aug 19, 2026
Source: MIBOR as distributed by MLS GRID #22107086
Sold
$207,000
Jul 1, 2026
Source: MIBOR as distributed by MLS GRID #22107086
Pending
$229,900
Jun 23, 2026
Source: MIBOR as distributed by MLS GRID #22107086
Listed For Sale
$229,900
Feb 27, 2026
Source: MIBOR as distributed by MLS GRID #22068311
Sold
$110,000
Jan 22, 2026
Source: MIBOR as distributed by MLS GRID #22068311
Pending
$125,000

Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

West Indianapolis
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about West Indianapolis

At least 41 Trulia users voted on each feature.

  • 88 % Say yards are well-kept

  • 83 % Say parking is easy

  • 81 % Say car is needed

  • 80 % Say there are sidewalks

  • 71 % Say there's holiday spirit

  • 70 % Say kids play outside

  • 63 % Say it's dog friendly

  • 48 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 43 % Say it's walkable to restaurants

  • 43 % Say it's quiet

  • 42 % Say there's wildlife

  • 40 % Say people would walk alone at night

  • 34 % Say it's walkable to grocery stores

  • 32 % Say streets are well-lit

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "We have family gatherings lots of kids runaround having fun playing and the park is walking distance and a good friendly neighborhood "
    0
    Flag
  • Trulia User
    "are able to walk the dogs freely people are friendly and all the dogs are very friendly no dogs are aggressive it is a really comfortable place to have your dog"
    0
    Flag
  • Trulia User
    "Most homes have fenced in back yards, and there are sidewalks so you don’t have to walk in the street."
    0
    Flag
  • Gee M.
    "Rhodes Park baseball season maryridges events westside clinic parades school 46 events with community "
    2
    Flag
  • Vlpeclet
    "Np at all in Neghibor hood People look out for each other’s especially if dogs get out Accidentally "
    0
    Flag
  • Jennifer T.
    "the traffic is ok until 3pm for rush hour. people drive like idiots in bad weather and nobody usually has insurance"
    0
    Flag
  • Robin Y.
    "I don’t know of any and have very heard of anyone , people have yard sales, that is all I know, we have a community center in the neighborhood they do events, and have a pantry, and they offer after school care I believe "
    0
    Flag
  • Amanda Jayne
    "I've always lived in this area. Just like everywhere else, we have our good people and bad people. There is a neighborhood center within walking distance. A park is just a few blocks away. There is a Family Dollar and Dollar General within walking distance."
    43
    Flag
  • Foreverstrong235
    "it is a nice neighborhood we like it very much but would love to expand our horizon.................... "
    1
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-16 01:38:05 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

Frequently asked questions about 1846 Lambert St

  • What is 1846 Lambert St estimated to be worth?
    Trulia's estimated value for 1846 Lambert St in Indianapolis, IN is $207,000.
  • What is the price history for 1846 Lambert St?
    1846 Lambert St in Indianapolis, IN last sold for $207,000 in August 2026.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $257K. That is up $6.7K from the prior month.
  • Does 1846 Lambert St have air conditioning?
    Yes, 1846 Lambert St in Indianapolis, IN has air conditioning.
  • Does 1846 Lambert St have laundry facilities?
    Yes, 1846 Lambert St in Indianapolis, IN has laundry facilities.

Explore by feature - Pet Friendly

1548 pet-friendly rentals in Indianapolis, IN

Explore by feature - Garage

735 rentals with a garage in Indianapolis, IN

Explore by feature - Air Conditioning

1354 rentals with air conditioning in Indianapolis, IN

Explore by feature - Pool

380 rentals with a pool in Indianapolis, IN

Explore by feature - Washer/dryer

1131 rentals with a washer/dryer in Indianapolis, IN

Explore by feature - Outdoor Space

410 rentals with an outdoor space in Indianapolis, IN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 1846 Lambert St

Skip to last item
Skip to first item

Homes for sale near 1846 Lambert St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item