4237 Evanston Avenue, Indianapolis, IN 46205

$450,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$450,000
Price Change
▼ $25,000 1784225866
MLS#
22071857
Days on Market
264
Status
ACTIVE

Property Description

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.

Additional Information

New Construction
Yes
Construction Stage
See Remarks
Est. Completion Date
TBD
Acres
0.12
Region
Washington

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Canull Group LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative