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17 Parkview Ave, Indianapolis, IN, 46201

3beds
2baths
--sqft
$350,000
--price/sqft
$2,900/moest. monthly cost
$116,000/yrincome needed

About This Home

Calling all investors and house hackers! This duplex on a single parcel is an incredible opportunity to build wealth while enjoying flexible living options. Whether you choose to live in one unit and let the other help offset your expenses, or lease both sides for strong income potential, this property offers versatility that is hard to find. Each side provides its own living space, making it ideal for owner-occupants, multi-generational living, or tenants seeking a comfortable layout. The setup allows for multiple strategies depending on your goals, whether that is immediate cash flow, long-term appreciation, or a combination of both. Located just minutes from downtown Indianapolis and surrounded by revitalized homes, this property is positioned in a growing and vibrant area with continued development and demand. Its proximity to local amenities, dining, and major roadways adds to its overall appeal for both owners and tenants alike. Whether you are expanding your portfolio or getting started in real estate investing, this is a property worth taking a closer look at. Back on the market due to buyer's inability to perform. No fault of the seller.

Getting Around

56
WalkingSomewhat Walkable
40
TransitSome Transit
65
BikeBikeable

Schools

6/10
1/10
3/10

Construction

Condition

  • Year built: 1911

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Property

Details

  • Parcel number: 491006159114001101

Lot

  • Lot size: 4,356 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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

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 $1,769$21,228
Home Insurance *$347$4,164
Property Taxes $600$7,200
Electricity $184$2,212
Total$2,900$34,800
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$99,428/yr
40% on housing$87,000/yr
45% on housing$77,333/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 46201$112
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46201$92
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
2026-04-01Listed for sale$365,000
2026-04-01Listing removed$158,500
2026-02-10Price change$158,500
2025-10-07Price change$165,000
2025-09-09Listed for sale$185,000
2025-09-01Listing removed$175,000
2025-08-23Listed for sale$175,000
2025-07-08Pending sale$175,000
2025-04-30Price change$175,000
2025-04-15Price change$180,000
2025-02-20Listed for sale$185,000
2024-11-25Listing removed$199,900
2024-11-15Price change$214,900
2024-10-29Price change$219,900
2024-10-02Price change$224,900
2024-09-06Price change$229,900
2024-08-29Price change$239,900
2024-08-16Price change$244,900
2024-07-28Listed for sale$249,900
2014-06-20Listing removed$350
2014-01-29Listed for rent$350
2009-08-06Sold$18,000

For Sale by Agent

AgentAshley Marino
BrokerageBerkshire Hathaway Home

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