This adorable duplex offers 2 bedrooms and 1 full bath per unit and is ready to generate steady income from day one. Major mechanical updates have already been completed for peace of mind - both HVAC systems were replaced in 2022, and both water heaters were replaced in 2021. Property is being sold as-is with no known defects. The 3637 unit has been fully updated and is move-in ready, perfect for a new tenant or owner-occupant. The 3639 unit is currently tenant-occupied, leased at $895 per month with a lease in place through July 2026, providing reliable rental income for years to come. Located in desirable Franklin Township, this property offers strong income potential, with updated units in the area leasing for $1,200+ per month. Whether you're looking to add to your investment portfolio or live in one side while renting the other, this turnkey duplex is a fantastic opportunity you won't want to miss!
Sold
$231,000
3637 Ferguson Rd, Indianapolis, IN 46239
--beds
--baths
--sqft
Multi Family, Duplex
Built in 1967
-- sqft lot
$249,800 Zestimate®
$--/sqft
$1,212 Estimated rent
Home value
$249,800
$237,000 - $262,000
$1,212/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 12, 2025 at 02:10pm
Listing Provided by:
Deanna Bennett 317-209-4413,
Ever Real Estate, LLC
Bought with:
Marie Fox
Hoosier, REALTORS®
Source: MIBOR as distributed by MLS GRID,MLS#: 22066628
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Main Level
Features
- Has basement: No
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.35 Acres
Details
- Parcel number: 491025103027000300
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Foundation: Block
Condition
- New construction: No
- Year built: 1967
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Wildwood
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $231,000-9.4% |
Source:  MIBOR as distributed by MLS GRID #22066628 | ||
| 10/17/2025 | Pending sale | $255,000 |
Source: MIBOR as distributed by MLS GRID #22066628 | ||
| 10/6/2025 | Listed for sale | $255,000+59.4% |
Source: MIBOR as distributed by MLS GRID #22066628 | ||
| 9/10/2023 | Listing removed | -- |
Source: Zillow Rentals | ||
| 9/8/2023 | Listed for rent | $950+26.7% |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,056 +3.3% | $213,200 +5.1% |
| 2023 | $3,928 +36.4% | $202,800 +3.3% |
| 2022 | $2,880 +10.4% | $196,400 +36.4% |
Find assessor info on the county website
Neighborhood: Five Points
Nearby schools
GreatSchools rating
- 4/10Thompson Crossing Elementary SchoolGrades: K-3Distance: 1.4 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 3.8 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Middle: Franklin Central Junior High
- High: Franklin Central High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$249,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$249,800