202 N Addison Indianapolis, IN ^$ 220,000

202 N Addison

^$ 220,000

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202 N Addison

Indianapolis, IN, 46222

^$ 220,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 1,519

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Multi-Family Home for sale in Indianapolis, IN

for $220,000. This home was built in 1910 on a lot size of 0.12.

INVESTOR SPECIAL!!! This sale INCLUDES the DUPLEX AND ADJACENT LOT! This is your perfect opportunity to ADD VALUE to the DUPLEX or potentially BUILD A MULTIFAMILY! The duplex is currently 3 BEDROOMS and 2 BATHS on one side and 3 BEDROOMS and 1 BATH on the other. The DETACHED 2 CAR GARAGE also has a LOFT that can be used as another RENTAL INCOME.

Multi-Family Active

Price

^$ 220,000

Property Type

Multi-Family

Taxes

^$ 5,686

Style

Lot Size

0.12

Year Built

1910

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22127194

Features

General

Heating Forced Air

Cooling Central Air

Possession Closing

Garage Spaces 2

Year Built 1910

Township Wayne

Property Subtype Duplex

Tax Year 2025

Current Use Vacant

County Marion

New Construction N

Property Type Residential Income

Subdivision Name West Park

Status Active

Directions GPS Friendly

City Indianapolis

High School District Indianapolis Public Schools

Number Of Units Total 2

MLS Area 4909 - Marion - Wayne

Lot Size Square Feet 5227

Current Financing Conventional

Additional Parcels Y/N N

Standard Status Active

Tax Lot 0

Legal Description West Park 3rd Sec L228

Interior

Basement Unfinished

Basement (Y/N) Y

Exterior

Fencing Full

Parking Features Detached

Lot Size Acres 0.12

* Excluded Features

List By

Trueblood Real Estate

Broker

alirahimi@truebloodre.com

Affordability Calculator

$1,993

Per Month

Monthly Principal & Interest: $1,519
Monthly Property Taxes: $474
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Indianapolis, IN

Average List Price ^$353,724

Percent of Sale Price 61%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4044905 Elementary School

4044909 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/2/2026	$220,000	-2.22%	Price Down
9/22/2026	$225,000		Listed Price

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202 N Addison, Indianapolis, IN, 46222 is a Multi-Family Home for sale at $220,000 with a lot size of 0.12. 202 N Addison has 0.0 baths and was built in 1910. The property's zip code is 46222 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/16/2026.

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202 N Addison

Multi-Family Home for sale in Indianapolis, IN

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