1502 STAMM Avenue Indianapolis, IN
$ 169,900
Property Attributes
  • MLS#21814103
  • TypeMulti-Family
  • CountyMARION
  • CityIndianapolis
  • AreaWashington
  • NeighborhoodRAVENSWOOD
  • Zip46240
  • Style
  • Year Built1963
  • Taxes$ 2856
  • Price$ 169,900
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3456
  • Lot Size7,850 SqFt
Listing Provided Courtesy Of:
Jackie Lovell with Artisan, REALTORS®
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

A legal duplex with an upper level unit and lower level unit. Both units have long term tenants for 16 years & longer. The owner totally remodeled and fixed up this duplex when he bought it in 2002 with the exterior stuccoed, and all new Kitchens, windows, doors, floors, plumbing, HVAC and the like. Now over time the lower level unit has had the HVAC system & Water Heater replaced. The roof is only 1 year old. Each Tenant pays month to month $575 a month. (Seller would love to sell to someone willing to keep the current long term tenants)

Price History
9/17/2021 Listed $179,900
12/11/2021 6% - $169,900

General Features

Architectural Style Other
City Indianapolis
Construction Materials Block, Stucco
Contingency Act with no Contingency
County Marion
Current Financing Conventional, Conventional
Days on Market 90
Directions From Keystone Ave and 71st Street head west on 71st street to Ralston then head north to the corner of Stamm and Ralston where the property sets on the NW corner.
Disclosures Not Applicable
Levels Two
MBR_SchoolDistrict Washington Township
New Construction No
Ownerpays NotApplic
Possession Close of Escrow, Tenant's Rights
Property Attached Y/N No
Property SubType Residential Units - 1 to 4
Property Type Residential Income
Standard Status Active
Status Active
Street Name STAMM
Structure Type Duplex
Subdivision Name RAVENSWOOD
Tax Year 2020
Tenant Pays All Utilities
Total Units 2
Township Washington
Year Built 1963

Interior Features

Street Suffix Avenue

Exterior Features

Foundation Details Block
Lot Size Acres 0.1802


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 46240

AVG $170K
AVG $2,856
AVG 38
Year Built
AVG 1963
AVG 35
Data Provided by Walkscore ® not using MLS data

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