Back 329 S State Ave
Off Market

329 S State Ave

Indianapolis IN 46201

4443 sq. ft.
Duplex
Last sold for $200,000
Lisa MeulbroekLisa Meulbroek, last sold this property on 02 July 2025 after 259 days on market.

Overview

Looking for an income generating duplex minutes from downtown, Fountain Square, and the new Community Justice Campus? Each unit is 2 beds and 1 bath with updated interior paint, LVP flooring, new decks, new light fixtures and more. Private parking for 4 vehicles with new gravel. All mechanicals were replaced 5 years ago. One unit is rented and the other unit is vacant. The vacant unit is rent ready and could potentially rent at market value for $1200.

Features

4443 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 329 S State Ave is $212k.

Median value
$212k
Estimated value range
$20k - $650k
Median days on market
21
Estimated value trend
28%
increase 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 329 S State Ave

2025
Sold
$200,000
02 Jul 2025 by Lisa Meulbroek, of Liberty Real Estate, LLC
2019
Sold
$40,000
13 Jun 2019 by Charlene Gaard, of No Limit Real Estate, LLC
2016
Sold
$35,000
13 Jun 2016 by Michael Wyatt, of Advisors Commercial Real Estat

Happy sellers in Indianapolis

87%
87% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 172 duplexes similar to 329 S State Ave, have been sold.

This represents a 13% decrease in duplexes sales when compared to the previous 12 months.

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