Presented by: By Charlene Gaard with No Limit Real Estate, Llc

$165,000
Estimation is calculated based on tax assessment records, recent sale prices of comparable properties, and other factors.
Estimated Rental Price is based on similar rentals in this area.
  • 6 beds
  • 2 baths
  • 4,748 sqft lot

513 N Colorado Ave, Indianapolis, IN 46201


  
less than a minute ago

Open House

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Property Details for 513 N Colorado Ave

Grace Tuxedo Park 3 bedroom per side duplex. Owner has taken very good care of this money making duplex! Located on a quiet street. Some of the items completed in the past few years include roof, privacy fence, exterior windows re-glazed, laminate flooring, new kitchen remodel and furnace in 513 unit. Some recent upgrades include all new electrical in 2019, new plumbing 511 side in 2019, new water heater 511 side in 2021 One side has a tenant paying $700 per month and the other side is vacant and rent ready.

Schools

  • School District: Indianapolis Public Schools

Property Features

Bedrooms

  • Bedrooms: 6

Bathrooms

  • Total Bathrooms: 0.00
  • Full Bathrooms: 2

Appliances

  • Laundry Facilities: Connections All

Land Info

  • Lot Description: Lot Information: Sidewalks
  • Lot Size Acres: 0.109
  • Lot Size Dimensions: 4748
  • Lot Size Square Feet: 4748

Garage and Parking

  • Parking Features: Unit Parking: On Street, 2 Car Space

Homeowners Association

  • Association: No
  • Calculated Total Monthly Association Fees: 0

Rental Info

  • Gross Income: 14040
  • Tenant Pays: All Utilities

Multi-Unit Info

  • Number of Units: 2
  • Bedrooms in Unit-1: 3
  • Bedrooms in Unit-2: 3
  • Total Bathrooms in Unit-1: 1.000
  • Total Bathrooms in Unit-2: 1.000
  • Unit-1 Description: FuelGas, HeatForced, HotWtrGas
  • Unit-2 Description: FuelGas, HeatForced, HotWtrGas

School Information

  • School District: Indianapolis Public Schools

Other Property Info

  • Annual Tax Amount: 2006
  • Source Listing Status: Pending
  • County: Marion
  • Directions: West on Michigan to Colorado. North to property.
  • Tax Year: 2020
  • Source Property Type: Multi-Family
  • Area: 4912 - Marion - Center Ne
  • Source Neighborhood: CHAS E REYNOLDS NORTH TUXEDO ADD
  • Owner Pays: Insurance Liablty, Insurance Structure, Property Taxes, No Utilities
  • Subdivision: CHAS E REYNOLDS NORTH TUXEDO ADD
  • Township: Center NE
  • Property Subtype: 1-4 Units Residential
  • Lot Number: 249
  • Source System Name: C2C

Building and Construction

  • Year Built: 1920
  • Building Exterior Type: Vinyl
  • Property Age: 101
  • House Style: Arts&Crafts/Craftsman

Legal and finance

  • HOA Frequency: Monthly/0
  • HOA fee: $0

Local Home Services

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Monthly Payment

Month
  • Principal & Interest $562
  • Home Insurance
  • HOA Fees
  • Mortgage Insurance$0
If you are an active military service member, have served in the past, or are the spouse of someone who has served, you may benefit from special loan programs for veterans. Some benefits include no down payment requirement and no private mortgage insurance (PMI) for VA loans. Learn more.

Similar Homes For Sale Near Indianapolis, IN

Comparison of 513 N Colorado Ave, Indianapolis, IN 46201 with Nearby Homes:
626 N Colorado Ave, Indianapolis, IN 46201
$205,000
4 bd, 2 ba, 2,300 sq ft
  • 24% more expensive
  • Larger lot
  • 5 years newer
614 N Linwood Ave, Indianapolis, IN 46201
$69,900
1 bd, 1 ba, 1,440 sq ft
  • 57% less expensive
  • Larger lot
  • Same year built
626 N Drexel Ave, Indianapolis, IN 46201
$75,000
2 bd, 1 ba, 1,737 sq ft
  • 54% less expensive
  • Smaller lot
  • Same year built
625 N Drexel Ave, Indianapolis, IN 46201
$149,500
2 bd, 1 ba, 1,864 sq ft
  • 9% less expensive
  • Smaller lot
  • 1 year newer
701 N Chester Ave, Indianapolis, IN 46201
$155,000
2 bd, 1 ba, 1,699 sq ft
  • 6% less expensive
  • Smaller lot
  • Same year built
315 N Grant Ave, Indianapolis, IN 46201
$115,000
3 bd, 1 ba, 2,295 sq ft
  • 30% less expensive
  • Larger lot
  • 2 years older
810 N Drexel Ave, Indianapolis, IN 46201
$130,000
2 bd, 1 ba, 1,254 sq ft
  • 21% less expensive
  • Smaller lot
  • 5 years newer
422 N Chester Ave, Indianapolis, IN 46201
$195,000
3 bd, 3 ba, 2,120 sq ft
  • 18% more expensive
  • Larger lot
  • 20 years older
108 N Euclid Ave, Indianapolis, IN 46201
$150,000
2 bd, 2 ba, 2,926 sq ft
  • 9% less expensive
  • Larger lot
  • 12 years older
532 N Denny St, Indianapolis, IN 46201
$178,000
3 bd, 2 ba, 2,817 sq ft
  • 7% more expensive
  • Larger lot
  • 7 years older
507 N Bradley Ave, Indianapolis, IN 46201
$149,900
5 bd, 3 ba
  • 9% less expensive
  • Larger lot
  • 5 years older
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Nearby Schools

Rating* School Name
1 Ralph Waldo Emerson School 58
1 Thomas Carr Howe Community High School
1 Marion Academy School
1 Christian Park School 82
9 Paramount School Of Excellence
4 Irvington Community School
NR Horizon Christian Private School -Shephard Campus
NR St. Therese Little Flower Private School

Neighborhood

513 N Colorado Ave is located in Near Eastside neighborhood in the city of Indianapolis, IN.

Checkout other home values in Colorado Ave.

$150,000

Median Listing Price

$83

Price Per Sq Ft

Nearby Neighborhoods in Indianapolis, IN

Near Northside
Median Listing: $374,950
Near Southeast
Median Listing: $85,000
Irvington
Median Listing: $195,000
Holy Cross
Median Listing: $318,950
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Property History for 513 N Colorado Ave

Property Price

Date Event Price
10/27/2021 Listed $165,000

Property Tax

Year Taxes Total Assessment
2020 $2,006 $81,700
2019 $1,909 $76,100
2018 $1,876 $74,100
2017 $1,555 $68,100
2016 $890 $37,700
2015 $789 $35,800
2014 $623 $28,800
2013 $830 $39,900
2012 $929 $41,400
2011 $1,240 $28,600
2010 $1,270 $59,400
2008 $1,488 -
About History & Taxes Data

The price and tax history data displayed is obtained from public records and/or MLS feeds from the local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.

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Nearby Home Values

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    Homes near 46201
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More about this property

  • Presented by:
  • REALTOR® Charlene Gaard

    A REALTOR® is a real estate professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict code of ethics.

Broker Location: CARMEL, IN
Data Source: MIBOR
Source's Property ID: 21820944
Data Source Copyright: ©2021 MIBOR REALTOR® Association

Homes Around $165,000

Homes near 513 N Colorado Ave have a median list price of $170,000 and a median price per square foot of $84.

Approximate monthly payment is an estimate calculated with 20% down and 30 year fixed

Subject to qualifying for and obtaining a mortgage. Actual monthly payments vary based on down payment amount, mortgage type, credit availability, interest rate changes, and other factors. Does not include property taxes or insurance. Contact your REALTOR® directly for information.