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Back 4901 Central Avenue
Off Market

4901 Central Avenue

Indianapolis IN 46205

11979 sq. ft.
Duplex
Last sold for $472,000
Garrett LickliterGarrett Lickliter, last sold this property on 01 July 2026 after 29 days on market.

Overview

Discover a rare and versatile real estate opportunity on a prominent corner lot in the heart of Indianapolis's highly coveted Meridian-Kessler neighborhood. Built in 1925, this expansive, side-by-side duplex perfectly balances historic architectural charm with modern updates. Each side of this well-maintained duplex boasts a spacious, traditional layout featuring 3 bedrooms and 1.5 bathrooms, offering the scale and feel of two substantial single-family homes. Mechanicals: Newer, high-efficiency HVAC systems and water heaters ensuring low utility costs and minimal maintenance. Exterior: Newer, low-maintenance vinyl siding that protects the building's envelope while preserving its classic curb appeal. Interior updates: Thoughtful updates throughout that bridge the gap between 1920s character and modern convenience. Whether you are looking to expand your portfolio or utilize a "house-hacking" strategy to live with drastically reduced expenses, the current occupancy structure is perfectly set up for an easy transition: One side is fully occupied, providing immediate, dependable cash flow from day one. One side is vacant, sparkling clean, and ready for an owner-occupant to move right in or for a landlord to place a new tenant at current market rent. Premium Location Situated on a beautiful, high-visibility corner lot on Central Avenue, this property puts you minutes from the best of Midtown. Enjoy easy access to local favorites like fresh coffee, dining, top-rated schools, and the Monon Trail, all while being just a short drive from downtown Indy. Don't miss out on one of the most solid, turnkey multi-family opportunities available in Meridian-Kessler today.

Features

11979 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 4901 Central Avenue is $313k.

Median value
$313k
Estimated value range
$76.4k - $685k
Median days on market
23
Estimated value trend
-5%
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 4901 Central Avenue

2026
Sold
$472,000
01 Jul 2026 by Garrett Lickliter, of Lickliter Realty Services LLC
2019
Rented
Undisclosed
11 Feb 2019 by Lickliter Realty Services LLC
2018
Rented
Undisclosed
13 Dec 2018 by Lickliter Realty Services LLC

Happy sellers in Indianapolis

95%
95% 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 4 reviews in Indianapolis over the last 12 months.

Local market activity for duplexes in Indianapolis

In the last 12 months, 67 duplexes similar to 4901 Central Avenue, have been sold.

This represents a 54% decrease in duplexes sales when compared to the previous 12 months.

Nearby agents

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Summer Hudson

Sellers who recommend Summer Hudson have praised them for being local expert, clear communication, responsive, supportive, honest, patient, and great negotiation

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Damian Szostak

Damian Szostak is a recommended agent for Indianapolis.  They have collected 2 local reviews across the last 12 months.

  •   5   (9 reviews)
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Frank W. Tinsley

Sellers who recommend Frank W. Tinsley have praised them for being local expert, responsive, clear communication, detail-oriented, friendly, patient, and supportive

  •   5   (99 reviews)
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Bif Ward

Bif Ward is an award winning recommended agent for Indianapolis.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (22 reviews)
  •  1 Review in Indianapolis
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