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425-427 W 39th Street

Indianapolis, IN 46208

PendingListed Sep 3, 2026 · 25 days on market

Key facts

Lot
0.14 acres
Year built
1928
Type
Residential Income · Duplex
MLS #
22124381
County
Marion
Subdivision
H E & A Phelps

About this home

Butler Tarkington multifamily!! Discover an inviting living experience at 425-427 W 39th ST, a well-maintained duplex. This property is fully occupied providing immediate income. Situated on a generous 6011 square foot lot, this property has ample outdoor space for various activities. This is a truly compelling opportunity to own a hard-to-find property near Butler University! Call for further details.

Description provided by the listing brokerage.

Exterior

Foundation
Block

Schools

School district
MSD Washington Township

Taxes

Estimated annual tax
$4,068 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,148per month, estimated
Principal and interest $756Property tax $339Insurance $53
20% · $30,000
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$150,000
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