1241 Shepard St

Indianapolis IN 46221

5227 sq. ft.

Duplex

Last sold for $150,000

Maxwell Richter, last sold this property on 25 June 2026 after 74 days on market.

Overview

Fully occupied duplex exceeding the 1% rule! This property offers 2 bedrooms and 1 bathroom per side. Both sides have spacious main levels with the bathroom, and both bedrooms are upstairs. Tenants are able to enjoy the convenience of a detached garage for storage or parking as well. Both sides are occupied with rent totaling $1655/month. Both tenants have been living in the property for multiple terms, so the rent is stable. Tenants pay all utilities as well as there is additional pet rent. This property has a great location and great cash flow, so don't miss out! Photos were taken prior to tenancy and condition may differ. Meant to show layout and finishes.

Features

3 carspaces

3 garage spaces

5227 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Indianapolis over the last 12 months, the estimated median property value of 1241 Shepard St is $145k.

Median value

$145k

Estimated value range

$65k - $315k

Median days on market

Estimated value trend

-26%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1241 Shepard St

2026

Sold

$150,000

25 Jun 2026 by Maxwell Richter, of THE WILMOTH GROUP

2023

Rented

Undisclosed

31 Mar 2023 by THE WILMOTH GROUP

2022

Rented

Undisclosed

07 Mar 2022 by THE WILMOTH GROUP

Happy sellers in Indianapolis

We have insufficient information to provide an overview of customer satisfaction for Indianapolis. Viewing the agent profiles, reviews and sales for Indianapolis can provide insights for this location.