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4726 N College Ave, Indianapolis, IN, 46205

6beds
4baths
--sqft
$475,000
--price/sqft
$3,828/moest. monthly cost
$153,120/yrincome needed

About This Home

Discover an exceptional living and investment opportunity at 4726 & 4728 N College Ave, Indianapolis, IN. This grand three-story duplex features 3 Bedrooms and 1.5 Baths, 1 car garage & 1 carport in each unit. Extensively remodeled, top-to-bottom, the duplex seamlessly preserves the property's historic architectural character while introducing premium contemporary updates. Recently updated Chef's Kitchen serves as the functional heart of the home, featuring sleek stainless steel appliances, modern finishes, and an efficient layout perfect for everything from daily meal prep to entertaining. The Living Room offers a warm and inviting retreat centered that serves as an elegant focal point for relaxation and social gatherings. Generous Lot Size: Situated on an expansive 8,668-square-foot lot that offers rare space and privacy in the heart of the city. Private Yard: A dedicated outdoor oasis providing an exclusive canvas for gardening, pets, outdoor dining, and leisure. This meticulously updated duplex perfectly bridges classic 1925 charm with 21st-century luxury. Whether you are looking for a sophisticated primary residence with income potential or a standout addition to your investment portfolio, this property is ready for its next chapter.

Getting Around

76
WalkingVery Walkable
39
TransitSome Transit
71
BikeVery Bikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1925

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Laundry features: Connections All,In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Storage Space,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Main level bathrooms: 6

Heating & Cooling

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

Property

Details

  • Parcel number: 490612227014000801

Features

  • Levels: Three Or More
  • Exterior features: Lighting
  • Fencing: Fenced

Lot

  • Lot size: 8,712 sqft
  • Features: Access,Busline,City Lot,Curbs,Sidewalks,Street Lights

Parking

  • Total spaces: 2
  • Parking features: Alley Access,Carport,Gravel
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$318$3,816
Property Taxes $925$11,100
Electricity $184$2,212
Total$3,828$45,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,245/yr
40% on housing$114,840/yr
45% on housing$102,080/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 46205$134
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46205$135
Marion County$131

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

DateEventPrice
2026-08-01Listed for sale$475,000
2024-05-11Listing removed--
2024-04-06Listed for rent$1,550
2021-02-08Listing removed--
2021-02-03Price change$1,500
2021-01-06Price change$1,550
2020-12-21Listed for rent$1,600
2020-01-14Sold$255,000
2019-12-03Pending sale$265,000
2019-11-27Listed for sale$265,000
2015-04-16Sold$127,500
2010-09-01Sold$157,000
2010-08-07Listed for sale$159,900
2010-06-11Listing removed$159,900
2009-12-03Price change$159,900
2009-11-18Listed for sale$165,000
2008-06-17Sold$125,000

For Sale by Agent

AgentDaniel Braun
BrokerageD. Braun & Company

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