4328 E  Michigan St, Indianapolis, IN 46201
FOR SALE

4328 E Michigan St
Indianapolis, IN 46201

Near Eastside
  • 2 Beds
  • 2 Baths
  • 2 Beds
  • 2 Baths

$99,900

Original price: $105,000
Est. Mortgage $674/mo*

Local Information

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

Description

Come check out this nearly completed duplex on E Michigan! With minor finishing touches this property has potential be a high cash flowing investment! This property consists of 2 studio style units with updates including newer roof, siding, electrical, windows, plumbing & more! Rent to section 8 tenants for a potentially much higher return, current 2024 FMR for Indianapolis studio units are up to $982.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
37 days ago

Home Details for 4328 E Michigan St

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2
Heating & Cooling
Heating: BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Frontage
Road Frontage: Not Applic

Days on Market

Days on Market: 37

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, Duplex
Building
Not a New Construction
Property Information
Parcel Number: 491004119398000101

Price & Status

Price
List Price: $99,900
Status Change & Dates
Possession Timing: Close Of Escrow

Location

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

Agent Information

Listing Agent
Listing ID: 21970321

Lot Information

Lot Area: 4791.6 sqft

Listing Info

Special Conditions: As Is

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 21970321Attribution Contact: shoughton@kw.com

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: about 22 hours ago
Listing Provided by: Stuart Houghton
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID, MLS#21970321

Price History for 4328 E Michigan St

DatePriceEventSource
04/26/2024$99,900PriceChange
MIBOR as distributed by MLS GRID #21970321
03/23/2024$105,000Listed For SaleMIBOR as distributed by MLS GRID #21970321
06/19/2023ListingRemovedMIBOR as distributed by MLS GRID #21916936
06/09/2023$89,900PriceChange
MIBOR as distributed by MLS GRID #21916936
05/31/2023$95,900PriceChange
MIBOR as distributed by MLS GRID #21916936
05/17/2023$97,900PriceChange
MIBOR as distributed by MLS GRID #21916936
05/08/2023$99,900PriceChange
MIBOR as distributed by MLS GRID #21916936
04/29/2023$105,000PriceChange
MIBOR as distributed by MLS GRID #21916936
04/26/2023$110,000PendingToActiveMIBOR as distributed by MLS GRID #21916936
04/25/2023$110,000PendingMIBOR as distributed by MLS GRID #21916936
04/22/2023$110,000Listed For SaleMIBOR as distributed by MLS GRID #21916936
11/28/2022$27,500Sold
MIBOR as distributed by MLS GRID #21888063
11/22/2022$39,000PendingMIBOR as distributed by MLS GRID #21888063
11/21/2022$39,000PriceChange
MIBOR as distributed by MLS GRID #21888063
11/12/2022$45,000PriceChange
MIBOR as distributed by MLS GRID #21888063
10/22/2022$60,000PendingMIBOR as distributed by MLS GRID #21888063
10/12/2022$60,000Listed For SaleMIBOR as distributed by MLS GRID #21888063
03/31/2021$25,000Sold
N/A
04/01/2020$19,999ListingRemovedAgent Provided
03/29/2020$19,999PriceChange
Agent Provided
03/27/2020$22,999Listed For SaleAgent Provided

Similar Homes You May Like

New Listings near 4328 E Michigan St

Property Taxes and Assessment

Year2023
Tax$1,352
Assessment$13,600
Home facts updated by county records

Comparable Sales for 4328 E Michigan St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Multi-Family Home
$117,000
05/10/23
2
2
-
0.12
Multi-Family Home
$129,900
09/13/23
2
2
-
0.25
Multi-Family Home
$35,000
09/29/23
6
2
-
0.38
Multi-Family Home
$135,000
01/11/24
2
2
-
0.14
Multi-Family Home
$155,000
09/07/23
4
2
-
0.42
Multi-Family Home
$120,000
11/10/23
2
2
-
0.29
Multi-Family Home
$125,000
02/19/24
3
2
-
0.58
Multi-Family Home
$68,000
03/08/24
2
2
-
0.38
Multi-Family Home
$70,000
03/19/24
2
1
-
0.23
Multi-Family Home
$125,000
03/29/24
4
2
-

Neighborhood Overview

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

What Locals Say about Near Eastside

  • Leandrea Lawson
    "The people that live here and the way they are building up the neighborhood and all the actives they have for our children in the summer "
    0
    Flag
  • Terri Williams
    "Every neighborhood has the same kind of people in it. You have to beware no matter what the neighborhood is. Negligence is everywhere."
    0
    Flag
  • Trulia User
    "new to the area and I hope it's a nice neighborhood and quite and peaceful and I hope the neighbors look out for each other. "
    0
    Flag
  • Trulia User
    "It’s pretty central to all of Indianapolis and surroundings areas. I truly enjoy being able to see familiar faces and watching the kids play. The yards are well kept and everyone is friendly. "
    0
    Flag
  • Trulia User
    "Woodruff Place is a gorgeous, friendly place to live. Neighbors are passionate about bettering the community and maintaining beautiful homes."
    10
    Flag
  • Trulia User
    "It is not well maintained. Have had packages stolen off front porch. Many people wander around who are on drugs"
    4
    Flag
  • Trulia User
    "nice and quiet clean very friendly and a lot of nice homes and family living in the area and the streets are clean and the stores are close and nice police officers in the neighborhood "
    0
    Flag
  • Trulia User
    "I see a lot of my neighbors walk their dogs on the sidewalk. They usually carry doggybags with them to clean up after their dogs."
    0
    Flag
  • Trulia User
    "Yard Sales when the majority of the community joins in we have a blast. There is no limit of objects to buy. "
    1
    Flag
  • Trulia User
    "keep kids safe and always look out while they out playing. But some neighborhoods east are safe. parents should always have safe and comfortable playgrounds "
    0
    Flag
  • Trulia User
    "they keep up there lawns and no trash..the neighbors are nice working community..or retired ..u will feel comfortable making this yr home..but the schools are it's there trying to better the schools"
    6
    Flag
  • Trulia User
    "The home feature distinct architecture a d individuality..I grew up near Irvington and have loved it since I was a child. Halloween festival gets BETTER every year. .Awesome small neighborhood restaurants and shops. The Pensey ,Train is a great community gathering spot. People take care and pride in their homes and gardens. "
    0
    Flag
  • Trulia User
    "There are good schools & there are at least a dozen local businesses nearby! Look into the history of Irvington because it’s interesting and perfect for Halloween. :)"
    0
    Flag
  • Trulia User
    "I have no idea. We just hang out with our neighbor and walk around. Tons of cool places around us here. "
    0
    Flag
  • Trulia User
    "The area sucks. You basically require a vehicle in order to do anything around here. There isn’t a lot to do nearby and there aren’t really any public areas to enjoy. You have to drive somewhere else in order to receive a good experience and the restaurants nearby do not care at all."
    0
    Flag
  • Trulia User
    " Getting downtown is super easy. In fact , it's easy to get to any side of town from this neighborhood. "
    0
    Flag
  • LadybugCareGiver
    "I’ve lived here on and off for about 7-8 years they’re trying to get it cleaned up but it’s still rough this way"
    4
    Flag
  • Trulia User
    "This neighborhood is on the come up. Still dome ruff edges but family oriented. I've lived here for over 30 years "
    0
    Flag
  • Trulia User
    "Living in this neighborhood for several years now, can say the neighbors are neighborly and solid community vibe on our street!"
    0
    Flag
  • Trulia User
    "I live in Irvington and commute to Castleton, and it's been so smooth! I even used to run/bike commute to and from work with no issues."
    0
    Flag
  • Trulia User
    "Great park nearby and close proximity to downtown while still having a neighborhood community feel. Love how close we are to everything "
    0
    Flag
  • Trulia User
    "Cottage Homes Historic area, continued growth and renovation, Bottleworks, Mass Avenue, dog friendly. "
    1
    Flag
  • Trulia User
    "There are many people out walking their dogs. Not everyone picks up the poo though! Everyone is friendly"
    0
    Flag
  • Trulia User
    "the old homes are beautiful and we are very close to everything that is great; Irvington, downtown, Broadripple, and many parks. For example, Holliday Park, or Broadripple park."
    0
    Flag
  • Jeneca H.
    "Community newsletter, sociable neighbors, everyone seems to look out for or be aware of the area for other neighbors and friends."
    7
    Flag
  • Mary S.
    "Love them all seam retry friendly and protect there homes. People clean up after them and love to take the to the park to allow them to run around "
    3
    Flag
  • Lauren
    "Easy access to the highways. Three miles to downtown without using highways. Easy to get to any mall or grocery store"
    2
    Flag
  • Diana R.
    "My neighborhood is quiet and everyone keeps an eye on it. Neighbors are friendly and their are many young homeowners with families. The area is super convenient to downtown and the Interstate. Homes have character and it is a growing community. "
    2
    Flag
  • Sara M.
    "there's dogs that run the streets. not so quiet over here. they come in my yard tare threw my garbage"
    6
    Flag
  • Hollyschipp
    "I work in Carmel so my commute is generally at least 45 minutes each way in moderate traffic. 465 is typically too packed so it is best to take College/Meridian. "
    1
    Flag
  • Hollyschipp
    "There are often stray dogs and MANY stray/feral cats. I stopped walking my dog because of running into stray dogs or dogs that weren’t on leashes. There are a large number of irresponsible pet owners in the area. "
    3
    Flag
  • Bridget B.
    "Close to lots of places like Mass Ave and Downtown, while also being a stones throw away from Fountain Square and Broad Ripple. Being close to the Monon is a plus too. "
    23
    Flag
  • RJ
    "Feast of Lanterns, Cottage Home Block Party, and Woodruff Place Flea Market are events I look forward to every year! "
    1
    Flag
  • Emilie S.
    "I have lived here for almost 4 years and love where we live. the neighborhood is growing and changing everyday. I love it"
    10
    Flag
  • Deontara S.
    "This neighborhood has to much crime and isn’t a safe feeling place I would want to raise children in this neighborhood "
    5
    Flag
  • Katherine B.
    "Whoa I came to the neighborhood to look at a house I was interested in renting. The pictures are very misleading .. across the street nothing but abandoned homes.. yikes "
    2
    Flag
  • Natalie K.
    "Up and coming area. Love how close I am to downtown but wouldn’t walk around alone at night. I have also had packages opened and taken off my porch "
    3
    Flag
  • Sara F
    "I have been attacked several times walking in the neighborhood. Many times it’s because no one has a backyard and everyone has a dog. Both times the dogs were not neutered and aggressive. It's the #1 reason I'm leaving this part of the near east side."
    4
    Flag
  • Zach K.
    "They would not appreciate it considering that there is a family of troublemakers that randomly let their German Shepard run around the neighborhood without supervision. He attacked our dog."
    0
    Flag
  • Rosemeghan93
    "Many people in this neighborhood have dogs and are dog lovers. However, there are many times strays or loose dogs are running around. "
    0
    Flag

LGBTQ Local Legal Protections

Stuart Houghton, Keller Williams Indy Metro S
Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
4328 E Michigan St, Indianapolis, IN 46201 is a 2 bedroom, 2 bathroom multi-family built in 1922. 4328 E Michigan St is located in Near Eastside, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Mar 23, 2024. The MLS # for this home is MLS# 21970321.