Active

4237 Evanston Avenue

Indianapolis, IN 46205
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

Acres0.12

Acre(Lot)

Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property generates strong returns and is ideal for owner-occupants, investors, or house hackers looking to capitalize on Indianapolis's continued growth. Built by Paradigm Construction & Development, a respected local builder committed to quality, transparency, and community impact. Perfectly located just minutes from the $4 billion IU Health Downtown Hospital (scheduled for completion in December 2027 ) and backs up to newly paved Nickel Plate Trail, State Fairgournds, close to the Monon Trail, Fall Creek Greenway, Broad Ripple and Midtown dining and retail, this property combines walkability, convenience, and long-term appreciation potential. Estimated completion: Approximately 7 months from closing and first construction draw. Reach out directly for full specifications, construction timeline, and builder options.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $475,000

AD Id : 74225002

MLS Id : MBR22071857

Lot Size : 0.12 Acre

Year Built : 2026

County : Marion

Subdivision: Montrose

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Building Information

    Year Built: 2026

  • Lot Information

    Lot Square Feet: 5200 Lot Acres: 0.12

    Property Information

    Property Type: Residential Income Sub Type: Duplex

  • Listing Price Information

    Original List Price:$475000

  • Tax Information

    Tax Lot: 8064583 Tax Legal Description: Montrose L421 Tax Year: 2024 Parcel Number: 490718103682007801

  • Location Information

    Subdivision: Montrose City: Indianapolis Direction: GPS Friendly
Sell a home like this and save $28,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4502 N Dearborn Street, Indianapolis, IN, 46205 $140,000 3 1 912 912 SqFt
4945 N Dearborn Street, Indianapolis, IN, 46205 $299,999 3 2 1,512 1,512 SqFt
4705 Allisonville Road, Indianapolis, IN, 46205 $316,900 3 2 1,800 1,800 SqFt
2919 Tropical Drive, Indianapolis, IN, 46205 $629,000 4 4 3,521 3,521 SqFt
4024 Eastern Avenue, Indianapolis, IN, 46205 $94,900 2 1 1,560 1,560 SqFt
3821 N Tacoma Avenue, Indianapolis, IN, 46205 $129,000 2 1 1,632 1,632 SqFt
4622 Hillside Avenue, Indianapolis, IN, 46205 $89,900 2 2 1,830 1,830 SqFt
2029 E 44th Street, Indianapolis, IN, 46205 $145,000 2 1 1,560 1,560 SqFt
4706 Caroline Avenue, Indianapolis, IN, 46205 $264,900 2 1 1,872 1,872 SqFt
4233 Evanston Avenue, Indianapolis, IN, 46205 $475,000 -- -- --
Broker Logo

Disclaimer: The information being provided courtesy of MIBOR REALTOR® Association as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the MIBOR REALTOR® Association. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MIBOR REALTOR® Association. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 06/09/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 06/09/2026 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 06/09/2026 @ 18:20

MLS: MIBOR #22071857 LISTED BY: Zachary Douglas, Canull Group LLC 317-496-3632 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

Selling? Save $28,001 when you sell a home like this

Tour with a ByOwner Agent