Historic-District Apartment
For Sale
$250,000
Pending
1627 N Talbott Street, Indianapolis, IN 46202
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.19 Acres
Days on Market143
Property Features for 1627 N Talbott Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Subdivision
Eliz Talbotts
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Standard status
Pending
APN
490636176012000101
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Eliz Talbotts Revised Add L230 & 30' N Side L231
Legal Description
Eliz Talbotts Revised Add L230 & 30' N Side L231
Building Details
Year built
1867
Floors in Building
3
Number of units
12
Listing Agency:
Keller Williams Indpls Metro N · Keller Williams Realty
(317) 846-6300
Listed By:
Doug Fredbeck · License #RB14042479
(317) 846-6300
Added: Apr 10
Changed: Aug 28
Last Checked: Aug 30 at 3:06PM
MLS# 22094650
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This apartment building dates to 1867 and occupies a 0.19-acre site with a surface parking lot and basement. The property is in distressed condition and requires a full renovation, creating a substantial repositioning project within an established urban setting.
The property is located at 1627 N Talbott Street in Indianapolis, near downtown and within the Herron-Morton Place Historic District. Its setting provides access to nearby major employers, shopping, dining, and entertainment. Buyers should conduct their own due diligence regarding the building, renovation requirements, and future plans for the property.
The property is located at 1627 N Talbott Street in Indianapolis, near downtown and within the Herron-Morton Place Historic District. Its setting provides access to nearby major employers, shopping, dining, and entertainment. Buyers should conduct their own due diligence regarding the building, renovation requirements, and future plans for the property.
Key Highlights
- 1867 apartment building requiring full renovation
- 0.19‑acre site with surface parking lot
- Basement included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,618
Businesses Nearby
Explore this area
Business Placement
Demographics for 46202, IN
22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Full-renovation multifamily asset with a surface parking lot and basement.
Where is this apartment building located?
The property is located at 1627 N Talbott Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1867 apartment building requiring full renovation; 0.19‑acre site with surface parking lot; Basement included
