Skip to content

253-255 N Gray Street

Indianapolis, IN 46201

ActiveListed Nov 6, 2026 · 1 day on market

Key facts

Lot
0.05 acres
Year built
1920
Type
Residential Income · Duplex
MLS #
22135476
County
Marion
Subdivision
Kealing Place

About this home

Are you looking for a large duplex with endless opportunities? Then this is the one for you! This duplex has 3 bedrooms, 1.5 bathrooms per side and is totally vacant! Regardless of your investment or ownership strategy, this property is a great candidate for your portfolio. Both sides have been nicely maintained and updated with clean, modern finishes. Located in an accessible and desirable location, you will want to check this property out before it is too late!

Description provided by the listing brokerage.

Interior

Laundry
Connections All
Security
Smoke Detector(s)

Exterior

Construction
Aluminum Siding

Lot and HOA

Lot features
Curbs

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,822 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Price history

Every listing, price change and sale we have on record for this home.

DateEventPrice
Listed for sale$229,900

Properties displayed may be listed or sold by various participants in the MLS.

Information deemed reliable but is not guaranteed accurate.

© 2026 MIBOR REALTOR® Association

Based on information submitted to the Broker Listing Cooperative listing service as of November 10, 2026

Estimate your monthly payment

$1,558per month, estimated
Principal and interest $1,159Property tax $319Insurance $80
20% · $45,980
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.

Talk to a lender we trust
Address
253-255 N Gray Street, Indianapolis, IN 46201
County
Marion
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$229,900
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.