About This Home

This 1-bedroom, 1-bathroom multi-family at 1627 N Talbott Street in Indianapolis, IN is listed for $250,000. Built in 1867, on a 0.19 acres lot.

Key Features

  • Built in 1867
  • 0.19 acre lot
  • 3 stories

Property Details

3 stories
1 full
1867
Listing Description

Located just minutes from downtown Indianapolis, this multifamily property offers significant potential for redevelopment or repositioning. The building includes a surface parking lot and is situated in a highly accessible location near major employers, shopping, dining, and entertainment.

This presents an excellent opportunity for an investor to add value in a growing rental market. The property is in distressed condition and will require a full renovation. Limited information is available, and buyers are encouraged to perform their own due diligence. Property is located within the Herron-Morton Place Historic District.

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

1627 N Talbott Street

Indianapolis, IN 46202

Eliz Talbotts

Questions & Answers

This 1-bedroom, 1-bathroom multi-family at 1627 N Talbott Street is listed at $250,000. The estimated monthly payment is $1,337 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1867, 0.19 acre lot, 3 stories.

This property is listed by Doug Fredbeck.

DF

Doug Fredbeck

Agent at Keller Williams Indianapolis Metro North

Listed by Keller Williams Indianapolis Metro North · Broker phone: (317) 846-6300 · View on Broker Site · Broker website

MLS# 22094650· Source: Broker Listing Cooperative®· 203 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1627 N Talbott Street, Indianapolis, IN 46202

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