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    10438 Bellefontaine St Indianapolis, IN 46280

    Pending
    For Sale
    $249,000

    Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.23 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 10438 Bellefontaine St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    APN
    291312102010000018
    Lot size
    0.23 Acres

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1992
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    Other

    Kirk Realty Group, LLC (317) 842-4191 [email protected]

    Listing agent Cory Danner (317) 842-4191 License #RB14038702

    Listing date Oct 11, 2025

    MLS# 22067147 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carmel Duplex Investment Opportunity

    This duplex, located in Central Carmel, presents an investment opportunity. The property features two units, each containing 2 bedrooms, 1 full bathroom, a large kitchen, and a living room. Each unit also includes a private backyard space. The property is listed as-is and is priced to reflect its rental income, condition, and location. The duplex is located within walking distance of local amenities, being a 5-minute walk to the Monon Trail and a 20-minute walk to Central Park. Paved trails provide access to the Arts & Design District. The property also offers quick access to US31 and 465. It is situated within the Carmel Clay School district. The property is located in what is projected to be Carmel's biggest future growth neighborhood, making it a potentially lucrative investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.144198
    Latitude
    39.939122

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    FAQs

    What type of property is this?
    Duplex - Two-unit duplex near Monon Trail, generating income in good condition.
    Where is this duplex located?
    The property is located at 10438 Bellefontaine St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: - Solid income-generating duplex in good condition.; - Prime Central Carmel location with future growth potential.; - 5-minute walk to the Monon Trail.
    (317) 842-4191
    Request Owner's contact information
    10438 Bellefontaine St Indianapolis, IN 46280
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    Indianapolis, IN 46280
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10438 Bellefontaine St Indianapolis, IN 46280
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