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4161 N Park Avenue

Indianapolis, IN 46205

PendingListed Sep 3, 2026 · 30 days on market

Key facts

Lot
0.13 acres
Year built
1932
Type
Residential Income · Duplex
Stories
Multi/split
MLS #
22122510
County
Marion
Subdivision
Washington Heights

About this home

Discover an exceptional living and investment opportunity at 4161 & 4163 N Park Avenue, located in one of Indianapolis' most popular and sought-after areas. This spacious duplex is ideal for house hacking-live in one unit while generating rental income from the other-or for multigenerational living. 4161 offers 3 bedrooms, 2.5 bathrooms, hardwood and ceramic tile flooring, a gas fireplace, bonus room, and kitchen with a refrigerator, gas range, and microwave. The impressive 3rd-floor loft includes a spacious primary suite, walk-in closet, and Jacuzzi tub. Washer and dryer hookups are conveniently located in the sunroom. 4163 features 3 bedrooms, 1 full bathroom, central air, laminate flooring on the main level, carpeting upstairs, and washer and dryer hookups in the basement. Both units share a spacious rear deck, creating an inviting setting for entertaining and relaxing. This layout is especially well suited for extended family or close friends who want separate residences while enjoying shared outdoor space. An outstanding opportunity for an owner-occupant or investor!

Description provided by the listing brokerage.

Interior

Basement
Unfinished
Laundry
In Basement

Exterior

Exterior features
Storage Shed
Construction
Vinyl With Brick
Style
Craftsman
Fencing
Full

Systems

Heating
Forced Air
Cooling
Central Air

Lot and HOA

Lot features
Not In SubdivisionSidewalksStreet Lights

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$9,036 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,368per month, estimated
Principal and interest $2,445Property tax $753Insurance $170
20% · $97,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$485,000
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