7501 E Troy Ave
Indianapolis, IN 46239
Five Points
4 Beds
2 Baths
4 Beds
2 Baths
(on 0.50 acres)
Local Information
© Google
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Description
An incredible investment opportunity in Franklin Township! This beautifully maintained duplex is in immaculate condition. Ready to be owner-occupied. The area market shows a potential monthly rent range of $1295 per unit. This turn-key ready duplex boasts two identical units, each offering a well-appointed living space, featuring 2 bedrooms and 1 bathroom per unit. Each unit is thoughtfully designed with its private driveway, along with a convenient storage shed and washer/dryer. Recent renovations in 2025 have elevated this property to modern standards, ensuring comfort and style for tenants and owners alike. Upgrades include: SS appliances and brand new luxury vinyl plank (LVP) flooring. Completely remodeled with contemporary finishes new cabinets and Quartz countertops. All new interior paint for a crisp, updated appearance. New PEX plumbing supply lines, PVC drain pipes, recent replacements of electrical panels and water heaters (within the last 5 years) New ceiling fans, and new front and back entry doors. A vapor barrier has been installed to enhance the property's longevity. The Dimensional shingle roof was installed in late 2024. The oversized lot offers ample space for future expansion. Consider adding a garage or accessory building, or explore the potential to split the parcel and develop a separate single-family residence (SFR). The duplex is equipped with separately metered electric and gas utilities, Whether you're looking to generate consistent rental income or seeking a home that offers additional income potential, this duplex has it all.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 16, 2025
Home Highlights
Parking
2 Parking Spaces
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 7501 E Troy Ave
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MLS Status: Sold |
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2 |
Appliances & Utilities Laundry: Connections All |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
Security Security: Smoke Alarm |
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Exterior Home Features Roof: Shingle |
Parking & Garage Other Parking: Unit Parking(Guest Parking, 2 Car Space, Unpaved)Parking Spaces: 2 |
Frontage Road Frontage: City Street, Frontage RoadRoad Surface Type: Gravel |
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Cumulative Days on Market: 32 |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Traditional |
Building Construction Materials: BrickNot a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: Updated/RemodeledUsage of Home: ResidentialParcel Number: 491025128018000300 |
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Price List Price: $299,999 |
Status Change & Dates Off Market Date: Sat Mar 08 2025Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: No Subdivision |
School Information High School District: Franklin Township Com Sch Corp |
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Community Features: Low Maintenance Lifestyle |
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Lot Area: 0.50 acres |
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Special Conditions: None |
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Expense Tenant Pays: All Utilities |
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Owner Pays: Taxes |
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Mls Number: 22020572 |
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Low Maintenance Lifestyle |
Last check for updates: about 2 hours ago
Listed by Miguel Rodriguez
Keller Williams Indy Metro S
Ashley Rodriguez
Bought with: Ashley Stovall, (317) 437-8327, Gold Street Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22020572
Price History for 7501 E Troy Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/09/2025 | $295,000 | Sold | MIBOR as distributed by MLS GRID #22020572 |
| 03/10/2025 | $299,999 | Pending | MIBOR as distributed by MLS GRID #22020572 |
| 03/03/2025 | $299,999 | PriceChange | MIBOR as distributed by MLS GRID #22020572 |
| 02/13/2025 | $329,999 | PriceChange | MIBOR as distributed by MLS GRID #22020572 |
| 02/05/2025 | $349,999 | Listed For Sale | MIBOR as distributed by MLS GRID #22020572 |
| 04/13/2022 | ListingRemoved | Zillow Rental Manager | |
| 04/10/2022 | $900 | Listed For Rent | Zillow Rental Manager |
| 05/31/2019 | $115,000 | Sold | N/A |
| 06/29/2004 | $84,900 | Sold | MIBOR as distributed by MLS GRID #2428131 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,974 |
| Assessment | $208,500 |
Home facts updated by county records
Comparable Sales for 7501 E Troy Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.69 | Multi-Family Home | $231,000 | 11/07/25 | - | - | ||
2.43 | Multi-Family Home | $335,000 | 12/23/25 | 4 | 4 | - | |
2.99 | Multi-Family Home | $146,000 | 08/21/25 | 3 | 2 | - | |
3.01 | Multi-Family Home | $33,000 | 08/04/25 | 4 | 2 | - | |
3.13 | Multi-Family Home | $239,900 | 07/18/25 | 2 | 1 | - | |
3.58 | Multi-Family Home | $290,000 | 10/01/25 | 4 | 3 | - | |
3.43 | Multi-Family Home | $175,000 | 05/13/26 | 3 | 2 | - | |
3.50 | Multi-Family Home | $301,000 | 04/21/26 | 4 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETMike Watkins Real Estate Group, Sold
SOLDDEC 4, 2025Heroes Property Group, Sold
OFF MARKETF.C. Tucker Company, Sold
OFF MARKETHighgarden Real Estate, Sold
SOLDAPR 24, 2026Highgarden Real Estate, Sold
OFF MARKETM/I Homes of Indiana, L.P., Sold
FOR SALENEW CONSTRUCTIONQUICK MOVE-INHighgarden Real Estate, Active
OFF MARKETM/I Homes of Indiana, L.P., Sold
SOLDAUG 29, 2025eXp Realty, LLC, Sold
FOR SALENEW CONSTRUCTIONBUILDABLE PLAN
Assigned Schools
These are the assigned schools for 7501 E Troy Ave.
- Franklin Central High School
- 9-12
- Public
- 3319 Students
9/10GreatSchools RatingParent Rating AverageWhy Franklin Central is the Best High SchoolHigh school plays a crucial role in shaping students' futures, and Franklin Central High School stands out for its academic excellence, extracurricular opportunities, and thriving school community. Whether through outstanding programs, diverse activities, or a commitment to student success, Franklin Central offers an exceptional experience.Academic ExcellenceFranklin Central’s rigorous curriculum challenges students in subjects like science, math, literature, and social studies. Advanced Placement (AP) and honors courses allow students to earn college credit, preparing them for higher education. The school’s dedicated teachers are passionate and invested in student success, ensuring strong academic preparation.Extracurricular OpportunitiesBeyond academics, Franklin Central provides extensive extracurricular activities catering to diverse interests. Its athletics program competes at high levels in sports like football, basketball, and track. The award-winning music and arts programs include marching bands, choirs, and drama productions. Clubs such as the National Honor Society, robotics team, and student government foster leadership and engagement.A Supportive and Inclusive CommunityFranklin Central promotes a culture of inclusivity and support, where students, teachers, and staff work together. Counselors and mentors assist students with academic and personal challenges, ensuring they receive needed support. The school values diversity, creating an environment where all students feel welcome and appreciated.Preparation for the FutureFranklin Central goes beyond education by preparing students for life after high school. College preparatory programs, career counseling, and internship opportunities equip students with essential skills. Partnerships with businesses and universities provide real-world experience through internships and dual-credit courses, easing the transition to college or the workforce.ConclusionFranklin Central High School excels due to its academic programs, extracurricular opportunities, supportive community, and future-focused approach. It fosters intellectual, social, and personal growth, ensuring students leave well-prepared for success.Student Review1y ago - South Creek Elementary School
- K-3
- Public
- 627 Students
8/10GreatSchools RatingParent Rating AverageWhy is Angelica Martines still working there????? The whole school needs to be investigated!Parent Review3mo ago - Franklin Central Junior High
- 7-8
- Public
- 1711 Students
7/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Lillie Idella Kitley Intermediate School
- 4-6
- Public
- 1296 Students
6/10GreatSchools RatingParent Rating Averagethis isn’t a school you would want your kid in their have been many fights and threats and a teacher fliped a young boys desk this is a bad school over allParent Review2y ago 
Check out schools near 7501 E Troy Ave.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Five Points
At least 35 Trulia users voted on each feature.
98 % Say yards are well-kept
95 % Say car is needed
94 % Say kids play outside
87 % Say parking is easy
87 % Say it's dog friendly
80 % Say there are sidewalks
69 % Say there's holiday spirit
63 % Say streets are well-lit
61 % Say it's quiet
57 % Say people would walk alone at night
53 % Say they plan to stay for at least 5 years
42 % Say neighbors are friendly
32 % Say there's wildlife
23 % Say it's walkable to restaurants
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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Homes for sale near 7501 E Troy Ave
Off Market Homes Near 7501 E Troy Ave
SOLDMAY 27, 2026White Stag Realty, LLC, Sold
SOLDMAY 27, 2026DRH Realty of Indiana, LLC, Sold
SOLDMAY 26, 2026F.C. Tucker Company, Sold
SOLDMAY 26, 2026Mark Dietel Realty, LLC, Sold
SOLDMAY 26, 2026The Stewart Home Group, Sold
SOLDMAY 26, 2026F.C. Tucker Company, Sold
SOLDMAY 26, 2026M/I Homes of Indiana, L.P., Sold
SOLDMAY 25, 2026Realty of America LLC, Sold
SOLDMAY 22, 2026F.C. Tucker Company, Sold
SOLDMAY 22, 2026F.C. Tucker Company, Sold
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Based on information submitted to the MLS GRID as of 2026-05-28 11:27:53 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
Homes for rent near 7501 E Troy Ave
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7501 E Troy Ave, Indianapolis, IN 46239 is a 4 bedroom, 2 bathroom multi-family built in 1973. 7501 E Troy Ave is located in Five Points, Indianapolis. This property is not currently available for sale. 7501 E Troy Ave was last sold on Apr 9, 2025 for $295,000 (2% lower than the asking price of $299,999). The current Trulia Estimate for 7501 E Troy Ave is $297,800.