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    60 S Summit St Indianapolis, IN 46222

    For Sale
    $159,900

    Craftsman, Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.13 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 7 at 1:06 pm

    Property Features for 60 S Summit St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Security features
    Smoke Detector(s)
    Rooms
    Basement
    APN
    491109140068000901
    Parking features
    Guest
    Exterior features
    Corner Lot, Not Applicable
    Basement Y/N
    1
    Lot size
    0.13 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Number of units
    2
    Building materials
    Aluminum Siding, Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Craftsman

    Liberty Real Estate, LLC (317) 570-3639 x227 [email protected]

    Listing agent Lisa Meulbroek (866) 973-6660 License #RB14026284

    Listing date Nov 18, 2025

    MLS# 22063577 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

    Indianapolis Duplex: Income Potential

    This duplex, located minutes from downtown Indianapolis, offers income-generating potential. The property features two townhome-style units, each with a spacious, open floor plan on the first level and washer/dryer hookups. The second floor of each unit includes two bedrooms, one bathroom, and a small bonus room suitable for an office or storage. One unit has been updated with new interior paint, LVP flooring, new carpet, and a new bathroom vanity and could potentially rent at market value. The other unit is vacant and requires renovation before renting. The property is being sold as-is and is located in Marion County.
    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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.201866
    Latitude
    39.763986

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    FAQs

    What type of property is this?
    Duplex - Income-generating duplex near downtown Indianapolis with renovation potential.
    Where is this duplex located?
    The property is located at 60 S Summit St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: - Income-generating duplex opportunity.; - Minutes from downtown.; - Two townhome-style units with open floor plans.
    (866) 973-6660
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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
    60 S Summit St Indianapolis, IN 46222
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