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2330/2332 Paris Ave, Indianapolis, IN, 46208

1beds
1baths
--sqft
$155,000
--price/sqft
$1,199/moest. monthly cost
$47,960/yrincome needed

About This Home

Thinking about buying your first home? Looking to expand your rental portfolio or purchase an owner occupied income-producing property, then this bungalow duplex gives you options and flexibility. Tucked away, just minutes from downtown Indianapolis and the IU Health campus, it offers all of the conveniences of Indy's city scene with easy access to sports, dining, parks, entertainment and more. Both one bedroom, one bathroom units have been updated with paint, newer carpet, waterproof luxury vinyl plank flooring in the kitchens and bathrooms, appliances, updated cabinets and countertops, new windows, insulation, and a newer furnace, water heater, and roof (2022). With the major improvements already completed and a price designed to attract, this duplex is ready for its new owners who want to focus on investing or immediately moving into the property. Schedule your private showing today, or reach out with any questions. I welcome the opportunity to partner with you with for your next chapter in real estate.

Getting Around

48
WalkingCar-Dependent
44
TransitSome Transit
48
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1945

Materials

  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Laundry features: Connections All

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Property

Details

  • Parcel number: 490626180114000101
  • Special condition: As Is

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 5,662 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Attached garage spaces: 1
  • Covered 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
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $783$9,396
Home Insurance *$118$1,416
Property Taxes $114$1,368
Electricity $184$2,212
Total$1,199$14,388
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,108/yr
40% on housing$35,970/yr
45% on housing$31,973/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 46208$118
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46208$118
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)

No zestimate history available

Price History

DateEventPrice
2026-07-24Listed for sale$155,000

For Sale by Agent

AgentPaula Strout
BrokerageF.C. Tucker Company

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