1021 N Ewing St, Indianapolis, IN, 46201
About This Home
Excellent investment opportunity near the heart of Indianapolis, Indiana. This updated quadplex offers immediate income potential with 3 units currently rented and 1 vacant unit ready for occupancy or lease-up. The vacant unit has been recently updated and is rent-ready, giving the next owner the opportunity to quickly increase cash flow or place a tenant at current market rents. Property features a solid multi-unit setup in a location with convenient access to downtown Indianapolis, major employers, dining, and entertainment. Whether you're looking to expand your portfolio or step into multifamily investing with built-in income, this property offers strong upside and long-term potential in a growing rental market.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Quadruplex
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Main level bathrooms: 4
Property
Details
- Parcel number: 490732183114000101
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 4,791 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,086 | $13,032 |
| Home Insurance * | $213 | $2,556 |
| Property Taxes | $325 | $3,900 |
| Electricity | $184 | $2,212 |
| Total | $1,808 | $21,696 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-28 | Listed for sale | $214,900 |
| 2021-09-13 | Sold | $93,500 |
| 2021-08-11 | Sold | $45,000 |
| 2019-07-11 | Listing removed | $89,900 |
| 2019-06-13 | Pending sale | $89,900 |
| 2019-06-01 | Listed for sale | $89,900 |
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