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2326 N Alabama Street

Indianapolis, IN 46205

PendingListed Sep 23, 2026 · 4 days on market

Key facts

Lot
0.13 acres
Year built
1915
Type
Residential Income · Duplex
Stories
Two
MLS #
22127865
County
Marion
Subdivision
Martinsdale Lincoln Park

About this home

Built in 1915 and standing in Martindale's Lincoln Park, this side-by-side duplex offers three bedrooms and two full baths per unit across 3,164 square feet, roughly 1,582 per side. The original millwork and trim detail are still in place, and the roof is in genuinely good condition - the expensive part, already handled. Be clear-eyed about the rest: one unit is habitable, the other currently lacks heating and cooling, a full rehab is needed throughout, yet it's priced accordingly. The lot runs 5,576 square feet with a large rear parking pad off a clean alley - off-street parking for both units, which is rare this close to the core. Mass Ave, Tinker Street and the Old Northside are all within walking distance.

Description provided by the listing brokerage.

Interior

Basement
Cellar
Laundry
Connections All
Condition
Fixer

Exterior

Roof
Shingle
Construction
Aluminum SidingBrick
Foundation
Brick/Mortar
Style
Craftsman
Other equipment
Call Listing Agent

Systems

Heating
Forced Air
Cooling
Central Air

Lot and HOA

Lot features
SidewalksMature Trees

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,384 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,514per month, estimated
Principal and interest $1,152Property tax $282Insurance $80
20% · $45,700
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$228,500
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