$679,000
8 Beds
8 Baths
2910 Macpherson Ave, Indianapolis, IN 46205
Est. Mortgage $4,127/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2026
Local Information
- Map ViewExplore the area around 2910 Macpherson Ave.
- Schools9 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
- Shop & Eat
-- mins to
About this House
Brand-New 4-Unit Multifamily Quadplex in Monon Yard - in the permit stage. Construction will begin in June. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. This purpose-built multifamily asset is designed for strong rental performance, modern tenant appeal, and low-maintenance long-term ownership. Each of the four units offers 983 square feet of well-planned living space, providing a highly rentable layout. With all units delivered new, buyers can expect reduced operating costs, minimal maintenance, and strong demand from tenants seeking modern living near one of Indy's most active redevelopment corridors. Drawings are in supplements. Photos are from a recently completed unit. Location Highlights: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, IU Health and major employment centers * Surrounded by continued investment and new residential development * Walkable and bike-friendly area with improving amenities This is a rare chance to acquire a brand-new four-unit building. Ideal for investors seeking stable long-term returns, low vacancy potential, and a property positioned for strong appreciation. This is also an excellent opportunity for an owner occupant to reside in one unit and rent the others.
Last check for updates: about 10 hours ago
Listing Provided by: Daniel McNeal
@properties
Source: MIBOR as distributed by MLS GRID, MLS#22107322
Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 2910 Macpherson Ave
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MLS Status: Pending |
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 8 |
Appliances & Utilities Laundry: Connections All |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Roof: AsphaltFoundation: Block |
Parking & Garage Other Parking: Unit Parking(Unpaved) |
Frontage Road Frontage: Not Applic |
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Cumulative Days on Market: 9Days on Market: 90 |
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Year Built Year Built: 2026 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, QuadruplexStructure Type: QuadruplexArchitecture: Traditional |
Building Construction Materials: Wood SidingIs a New Construction |
Property Information Condition: Under Construction, New ConstructionParcel Number: 490730109023000101 |
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Price List Price: $679,000 |
Status Change & Dates Off Market Date: Fri Jun 19 2026Possession Timing: Close Of Escrow, Negotiable |
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Direction & Address City: IndianapolisCommunity: Meadland Grandview |
School Information High School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22107322 |
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Building Details Builder Name: Arcadia 1 Dev. |
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Lot Area: 5662.8 sqft |
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Mls Number: 22107322 |
Around this home
- Carl Wilde School 79
- PK-5
- Public
- 472 Students
4/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Ernie Pyle School 90
- PK-5
- Public
- 268 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - James Whitcomb Riley School 43
- PK-5
- Public
- 240 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Jonathan Jennings School 109
- PK-5
- Public
- 275 Students
3/10GreatSchools RatingParent Rating AverageWhenever they host an event, the parents park wherever they want, sucg as the street, the houses in front of them, and they just overflow the parking lot.Other Review1y ago - Lew Wallace School 107
- PK-5
- Public
- 440 Students
4/10GreatSchools RatingParent Rating AverageMy daughter has been going here since second grade and she always came home and told me what an amazing experience she had, this school treats their students very well. 6th grade teacher Mr Carr he taught my daughter math very well and i am proud to see m daughter having teachers that can help her and support her and do their job.Parent Review2y ago - Meredith Nicholson School 96
- PK-5
- Public
- 391 Students
5/10GreatSchools RatingParent Rating AverageThis is the worst experience ever for my daughter and I with bullying racism and lack of teachingParent Review1y ago - William Bell School 60 - A Butler Lab Reggio Emilia School
- PK-5
- Public
- 381 Students
4/10GreatSchools RatingParent Rating AverageAs a current 8th Grade student in this school, I love it. The style of schooling might not be for everyone but I really enjoy it. I've been here since kindergarten and loved everything from elementary to middle school. I'm mostly leaving this review as I've noticed some very negative reviews from years back when middle school was just developing. Now though the middle school is great with tons of amazing teachers. This school isn't for everybody but I would definitely recommend at least checking it out.Student Review3y ago - Clarence Farrington School 61
- PK-5
- Public
- 451 Students
3/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - George Washington Carver School 87
- PK-5
- Public
- 246 Students
3/10GreatSchools RatingParent Rating AverageNo reviews available for this school.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Martindale-Brightwood
At least 78 Trulia users voted on each feature.
85 % Say car is needed
81 % Say there are sidewalks
81 % Say yards are well-kept
72 % Say parking is easy
65 % Say it's dog friendly
62 % Say there's holiday spirit
62 % Say kids play outside
45 % Say neighbors are friendly
45 % Say it's walkable to grocery stores
42 % Say streets are well-lit
37 % Say it's quiet
37 % Say they plan to stay for at least 5 years
34 % Say there's wildlife
31 % Say it's walkable to restaurants
30 % Say people would walk alone at night
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Indianapolis
Last updated July 2026
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM
Home Value
Trulia Estimate
$665KSince last month
Decreased$1K (-0.1%)Since last year
Increased$2K (+0.3%)Since last sale
Increased$589K (+736.8%)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 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $669K |
| August 2026 | $665K |
| July 2026 | $670K |
| June 2026 | $667K |
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 |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $560,000 | 12/29/25 | 6 | 6 | - | |
0.26 | Multi-Family Home | $700,000 | 08/27/26 | 8 | 8 | - | |
0.14 | Multi-Family Home | $475,000 | 07/17/26 | 4 | 6 | - | |
0.21 | Multi-Family Home | $280,000 | 07/24/26 | 4 | 4 | - | |
0.44 | Multi-Family Home | $295,000 | 08/20/26 | 6 | 4 | - | |
0.49 | Multi-Family Home | $235,000 | 06/12/26 | 6 | 4 | - | |
0.27 | Multi-Family Home | $257,000 | 04/09/26 | 6 | 2 | - | |
0.47 | Multi-Family Home | $471,000 | 10/08/25 | 6 | 6 | - |
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 |
|---|---|---|---|---|---|---|
0.03 | $375,000 | 3 | 2.5 | 3,216 | Recently Sold | |
0.03 | $321,300 | 3 | 2 | 2,693 | Off Market | |
0.00 | $80,000 | - | - | - | Recently Sold | |
0.03 | $277,500 | 4 | 2.5 | 3,086 | Off Market | |
0.04 | $303,200 | 3 | 2 | 2,370 | Off Market | |
0.05 | $430,000 | 3 | 2.5 | 2,092 | Recently Sold | |
0.03 | $450,000 | Studio | - | - | Recently Sold | |
0.05 | $326,000 | 3 | 2.5 | 2,232 | Off Market | |
0.04 | $412,100 | 4 | 3 | 2,400 | Off Market | |
0.05 | - | - | - | - | Off Market | |
0.06 | $242,500 | 4 | 2 | - | Off Market | |
0.07 | $560,000 | 6 | 6 | - | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 22, 2026 Source: MIBOR as distributed by MLS GRID #22107322 | Pending | $679,000 |
Jun 11, 2026 Source: MIBOR as distributed by MLS GRID #22107322 | Listed For Sale | $679,000 |
Jan 9, 2026 Source: N/A | Sold | $80,000 |
Sep 14, 2018 Source: MIBOR as distributed by MLS GRID #21549760 | Sold | $16,000 |
Aug 30, 2018 Source: Agent Provided | Pending | $18,500 |
Jul 5, 2018 Source: Agent Provided | Listed For Sale | $18,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $624 | $26,300 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Daniel McNeal, @properties
Based on information submitted to the MLS GRID as of 2026-09-09 09:48:08 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
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Frequently asked questions about 2910 Macpherson Ave
- What is the estimated monthly payment for 2910 Macpherson Ave?Based on a $679,000 list price with 20% down at today's rates, the estimated monthly payment for 2910 Macpherson Ave in Indianapolis, IN is approximately $4,254 (about $3,636 principal & interest, $543 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 2910 Macpherson Ave compare to homes in Indianapolis?2910 Macpherson Ave in Indianapolis, IN is listed at $679,000, about 171% above the $251K median sale price in Indianapolis.
- What do residents say about the Martindale-Brightwood neighborhood?Residents describe the Martindale-Brightwood neighborhood in Indianapolis, IN as pedestrian-friendly, well-kept, and easy to park in. See homes for sale in Martindale-Brightwood, Indianapolis.
- What are the closest schools to 2910 Macpherson Ave?The closest schools to 2910 Macpherson Ave in Indianapolis, IN are Arsenal Technical High School (rated 2/10), Carl Wilde School 79 (Pre-K/Elementary, rated 4/10), Clarence Farrington School 61 (Pre-K/Elementary, rated 3/10).
- Does 2910 Macpherson Ave have air conditioning?Yes, 2910 Macpherson Ave in Indianapolis, IN has air conditioning.
- Does 2910 Macpherson Ave have laundry facilities?Yes, 2910 Macpherson Ave in Indianapolis, IN has laundry facilities.
2910 Macpherson Ave, Indianapolis, IN 46205 is a 8 bedroom, 8 bathroom multi-family built in 2026. 2910 Macpherson Ave is located in Martindale-Brightwood, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jun 11, 2026. The MLS # for this home is MLS# 22107322.