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    1602 Quill St Indianapolis, IN 46203

    Pending
    For Sale
    $380,000

    Contemporary, Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.22 Acres
    Days on Market:
    524
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 1602 Quill St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Property condition
    New Construction
    Standard status
    Pending
    Zoning
    ZO01
    APN
    491018106028000101
    Lot size
    0.22 Acres

    Building Details

    Year built
    2023
    Number of units
    2
    Architectural style
    Contemporary

    Edward L Neu DBA Neu Real Estate Group (317) 710-9743 [email protected]

    Listing agent Evan Moss (317) 572-9000

    Listing date Jun 30, 2024

    MLS# 21948656 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

    New Construction Duplex in Indianapolis

    This is a new construction multi-family duplex unit, with each side featuring 3 bedrooms and 2 full baths. It is a stacked duplex. The estimated minimum rent is $1500 per side. Other lots are available. The builder provides a 2-10 home warranty and will pay the first year's property manager fee if buyers choose their preferred property manager; fees do not include a lease-up fee. This lot is in the process of being split into 2 lots, and the additional address will be 1606 N. Quill. This listing is for the 1 lot at 1602. It can be bought and built together at the same time. Completion is estimated for January 2024. The house is expected to be under roof by December 15, 2023. The lot size is 0.22 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -86.131922
    Latitude
    39.746098

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    FAQs

    What type of property is this?
    Duplex - New construction duplex with 3 bedrooms and 2 baths per unit.
    Where is this duplex located?
    The property is located at 1602 Quill St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: - New construction multi-family duplex featuring 3 bedrooms and 2 full baths per unit.; - Estimated minimum rental income of $1500 per side, offering excellent investment potential.; - Includes a 2-10 home warranty for peace of mind.
    (317) 572-9000
    Request Owner's contact information
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    Indianapolis, IN 46203
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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
    1602 Quill St Indianapolis, IN 46203
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