Apartment Building with Surface
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 Market191
Property Features for 1627 N Talbott Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bathroom 1, Bedroom 1
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
Tax Annual Amount
9506
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) 522-8785
Added: Apr 10
Changed: Oct 16
Last Checked: Oct 17 at 12:06PM
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.
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Investment Insights
Based on property information with market context.
This apartment property was built in 1867 and occupies a 0.19-acre parcel. A surface parking lot is included. The building is in distressed condition and will need a full renovation.
The property is within the Herron-Morton Place Historic District in Indianapolis.
The property is within the Herron-Morton Place Historic District in Indianapolis.
Key Highlights
- 1867 construction on a 0.19‑acre parcel
- Surface parking lot on site
- Located within the Herron‑Morton Place Historic District
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,618
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The property requires a full renovation and sits within the Herron-Morton Place Historic District.
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 construction on a 0.19‑acre parcel; Surface parking lot on site; Located within the Herron‑Morton Place Historic District
