20 Schiller Street, Indianapolis, IN 46225

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Sold Price
$598,500
List Price
$600,000
Closing Date
Dec 12, 2025
MLS#
22072255
Days on Market
36
Status
SOLD

Property Description

Are you ready to house hack, buy this property live on one side and then have 3 separate rental incomes totaling $3950.00 for the other 3 units. This is a new construction property that has great potential. Rents currently being marketed for each 3 bed 2.5 bath 1500 sq ft unit is 2050.00 which includes owner paying for sewer and water. Rents for each studio are currently being marketed at $950 per month which includes sewer and water. 1 studio is already under contract to be leased 11/15/2025, recent marketing for all other units has just begun at the end of October. If you did decide to purchase and live on one side, the rents from the other 3 units would pay the majority if not all of your mortgage payment. This would be a great property for an investor as well if you are not wanting to house hack with total rents approximately $6,000.

Additional Information

Tenant Pays
Electricity
Owner Pays
Sewer, Water
New Construction
Yes
Construction Stage
Completed
Est. Completion Date
11/01
Foundation
Crawl Space
Stories
Two
Architecture
Traditional
Exterior Amenities
Carriage/Guest House
Acres
0.11
Heat
Electric, Forced Air, Heat Pump
Cooling
Central Air, Heat Pump
Financing
Conventional, FHA, VA
Region
Center

Listing courtesy of Shane Burns. Victory Realty Team

Selling Office: Keller Williams Indpls Metro N.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


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