Turnkey investment opportunity with immediate cash flow and additional upside flexibility. Investor-friendly setup with one unit already stabilized and the second ready for immediate income placement or the perfect opportunity to house hack. Conveniently located with easy access to downtown Indianapolis, major highways and local amenities. Whether you're a seasoned investor or looking to get started, this is a rare chance to secure a high-yield duplex with built-in upside.
Active
$299,900
151 Bakemeyer St, Indianapolis, IN 46225
7beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 1925
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 2 days |
- 235 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2026 at 01:10pm
Listing Provided by:
Matthew Ford 219-921-9051,
Indiana Ford Realty LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22093098
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Features
- Basement: Unfinished
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 10,454.4 Square Feet
Details
- Additional structures: Storage
- Parcel number: 491123121016000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum Siding
- Foundation: Block
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1925
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $88,600
- Annual tax amount: $2,102
- Date on market: 4/2/2026
- Cumulative days on market: 4 days
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listed for sale | $299,900+71.4% |
Source:  MIBOR as distributed by MLS GRID #22093098 Report a problem | ||
| 2/25/2026 | Listing removed | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 1/9/2026 | Listed for rent | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 1/8/2026 | Listing removed | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 8/14/2025 | Listed for rent | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 3/31/2025 | Sold | $175,000-16.7% |
Source: MIBOR as distributed by MLS GRID #22019413 Report a problem | ||
| 3/7/2025 | Pending sale | $210,000 |
Source: MIBOR as distributed by MLS GRID #22019413 Report a problem | ||
| 2/20/2025 | Price change | $210,000-4.5% |
Source: MIBOR as distributed by MLS GRID #22019413 Report a problem | ||
| 1/27/2025 | Price change | $220,000+10% |
Source: MIBOR as distributed by MLS GRID #22019413 Report a problem | ||
| 10/31/2022 | Listed for sale | $200,000+8.1% |
Source: MIBOR as distributed by MLS GRID #21890883 Report a problem | ||
| 10/1/2021 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21797977 Report a problem | ||
| 8/17/2021 | Price change | $185,000-7.5% |
Source: MIBOR as distributed by MLS GRID #21797977 Report a problem | ||
| 7/8/2021 | Listed for sale | $200,000+365.1% |
Source: MIBOR as distributed by MLS GRID #21797977 Report a problem | ||
| 12/21/2018 | Sold | $43,000+7.5% |
Source: MIBOR as distributed by MLS GRID #21600963 Report a problem | ||
| 11/27/2018 | Pending sale | $40,000 |
Source: Keller Williams Realty Indy Metro West #21600963 Report a problem | ||
| 11/26/2018 | Listed for sale | $40,000 |
Source: Keller Williams Realty Indy Metro West #21600963 Report a problem | ||
| 10/30/2018 | Pending sale | $40,000 |
Source: Keller Williams Realty Indy Metro West #21600963 Report a problem | ||
| 10/13/2018 | Listed for sale | $40,000+0.1% |
Source: Keller Williams Indy Metro W #21600963 Report a problem | ||
| 6/20/2018 | Sold | $39,958 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,087 +0.5% | $88,600 +0.7% |
| 2023 | $2,078 +10.6% | $88,000 |
| 2022 | $1,878 +8.4% | $88,000 +8.1% |
| 2021 | $1,732 -1% | $81,400 +8.8% |
| 2020 | $1,749 +128.8% | $74,800 +0.9% |
| 2019 | $765 +8.3% | $74,100 +4.8% |
| 2018 | $706 -1.2% | $70,700 +1.7% |
| 2017 | $715 +12.3% | $69,500 +5.1% |
| 2016 | $636 +5% | $66,100 +6.1% |
| 2014 | $606 -56.4% | $62,300 |
| 2013 | $1,391 | $62,300 +0.8% |
| 2012 | $1,391 | $61,800 +14.9% |
| 2011 | -- | $53,800 |
| 2010 | $1,123 -2.4% | $53,800 |
| 2009 | $1,151 | $53,800 -6.8% |
| 2007 | -- | $57,700 +13.4% |
| 2006 | -- | $50,900 |
| 2005 | -- | $50,900 |
| 2004 | -- | $50,900 |
| 2003 | -- | $50,900 +115.7% |
| 2002 | -- | $23,600 +199.9% |
| 2001 | -- | $7,870 |
| 2000 | -- | $7,870 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,684/mo
Principal & interest
$1444
Property taxes
$240
More affordability tools
Climate risks
Neighborhood: Garfield Park
Nearby schools
GreatSchools rating
- 3/10Daniel Webster School 46Grades: PK-8Distance: 1.9 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 3.2 mi
- 6/10Center for Inquiry School 2Grades: K-8Distance: 3.4 mi
Local experts in 46225
- Indiana
- Marion County
- Indianapolis
- 46225
- Garfield Park
- 151 Bakemeyer St
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Nearby neighborhoods
Nearby zip codes
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