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4026 Central Avenue

Indianapolis, IN 46205

ActiveListed Oct 23, 2026 · 1 day on market

Key facts

Lot
0.14 acres
Year built
1928
Type
Residential Income · Duplex
Stories
Two
MLS #
22130250
County
Marion
Subdivision
Chester Place

About this home

4026 Central Ave in Indianapolis, IN, presents a compelling opportunity to own a duplex with a rich history. Constructed in 1928, this two-story structure encompasses 2088 square feet of living space, offering an enduring architectural character that balances vintage charm with functional design. It has been freshly painted and now flooring so it is ready for you to live and rent the second unit, or ready to rent both. The layout of this property is thoughtfully arranged across two levels, providing The 2088 square feet of living area are distributed efficiently, providing two units, one over the second and a common area in the basement with large storage areas that can be locked. The main level has two bedrooms, a large dining room and gracious living room. The second unit has three bedrooms and still great living space too. Spanning a total lot size of 6,229 square feet, the exterior grounds offer a substantial footprint that complements the scale of the duplex. This generous lot provides a balanced ratio of building to land, ensuring both the architectural integrity of the 1928 structure and usable surrounding space. Please contact us today to schedule your private tour and explore the possibilities this classic duplex has to offer.

Description provided by the listing brokerage.

Interior

Laundry
Common LaundryIn Basement
Condition
Updated/Remodeled

Exterior

Roof
AsphaltShingle
Construction
Brick
Foundation
Block
Style
Craftsman
Parking and garage
Gravel

Systems

Heating
ZonedForced AirNatural Gas
Cooling
Central Air

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$4,008 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,490per month, estimated
Principal and interest $2,016Property tax $334Insurance $140
20% · $79,980
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$399,900
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