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2417 S State Avenue

Indianapolis, IN 46203

ActiveListed Sep 25, 2026 · 12 days on market

Key facts

Lot
0.18 acres
Year built
1959
Type
Residential Income · Duplex
Stories
One
MLS #
22127849
County
Marion
Subdivision
D & J Hoeltke Minor Sub

About this home

Great investment opportunity! This spacious duplex offers two separate units, each featuring 2 bedrooms, 1 full bathroom, and 832 square feet of living space, for a total of 1,664 square feet. Both units offer generously sized bedrooms, comfortable living areas, and nicely sized bathrooms. Each unit also features a cozy, functional kitchen with plenty of charm. Outside, the backyard provides additional space for relaxing or enjoying the outdoors. A new A/C adds to the property's appeal. Whether you're looking to expand your rental portfolio or live in one unit while renting out the other, this duplex offers flexibility and income-producing potential. Don't miss your opportunity to add this property to your investment portfolio!

Description provided by the listing brokerage.

Interior

Laundry
Laundry Room
Security
Smoke Detector(s)

Exterior

Construction
Stone
Other equipment
Satellite Dish

Systems

Heating
Gas

Schools

Elementary school
Eleanor Skillen School 34
Middle school
Emma Donnan Middle School
High school
George Washington High School
School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$4,354 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,468per month, estimated
Principal and interest $1,033Property tax $363Insurance $72
20% · $41,000
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$205,000
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