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1633 N New Jersey St, Indianapolis, IN, 46202

2beds
2baths
1,717sqft
$575,000
$335price/sqft
$4,425/moest. monthly cost
$177,000/yrincome needed

About This Home

Fully occupied Townhome with a Premium 1 Bedroom Carriage House in the Historic Herron-Morton neighborhood. This exceptional dual-residence property at 1633 & 1637 N New Jersey St offers a rare blend of turn-key living and high-performance investment potential in one of Indianapolis's most coveted historic districts. The main structure features a spacious 2BR/2BA layout with an unfinished basement. The home welcomes you with a deep, covered front porch leading into a seamless, modern interior highlighted by updated finishes, generous living areas, and a gourmet kitchen. Beyond the interior, the home offers a private, spacious fenced-in backyard. Adding unparalleled value is the 2-car detached garage topped by a fully-appointed 1BR/1BA carriage house. This unit provides 716 sq ft of additional living space, perfect for a high-end short-term rental, a long-term tenant, or a private guest retreat. The home & the carriage house are currently tenant occupied for immediate cash flow at a total of $3,834/month. Ideally located steps from Tinker Street, Foundry Coffee, Kroger and much more. Whether you are looking for a sophisticated "house-hack" or a flagship addition to your portfolio, this property delivers a perfect blend of performance and prestige. ***Home photos are from unit 1635 & the Carriage House is from a similar unit***

Getting Around

82
WalkingVery Walkable
50
TransitGood Transit
71
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1919

Materials

  • Foundation: Brick/Mortar,Crawl Space
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Oven,Refrigerator,Washer,Electric Water Heater,Microwave
  • Laundry features: Laundry Closet,Upper Level

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Level: Upper
  • Area: 192.375
  • Dimensions: 14'3 x 13'6"

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 176.2222
  • Dimensions: 8'8" x 19'16"

Features

  • Ceiling Fan(s),In-Law Floorplan,Eat-in Kitchen,Pantry
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,717
  • Total interior livable area: 1,717 sqft

Kitchen

  • Level: Main
  • Area: 120.5556
  • Dimensions: 12'11" x 9'4"

Living Room

  • Level: Main
  • Area: 184.0625
  • Dimensions: 12'11" x 14'3"

Master Bedroom

  • Level: Upper
  • Area: 236.5
  • Dimensions: 14'4" x 16'6"

Property

Details

  • Parcel number: 490636158180000101
  • Attached to another structure: Yes
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Fencing: Fenced,Full,Privacy,Gate
  • Has view: Yes
  • View description: City,Neighborhood

Lot

  • Lot size: 3,049 sqft
  • Features: Sidewalks,Street Lights

Parking

  • Total spaces: 2
  • Parking features: Alley Access,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2