For Sale
New ConstructionNew Construction
Photo 1 of House for sale at 4235 Evanston Ave, Indianapolis, IN 46220 | MLS# 22071854 | Listing updated on 2026-07-16
Photo 2 of House for sale at 4235 Evanston Ave, Indianapolis, IN 46220 | MLS# 22071854 | Listing updated on 2026-07-16
2+
Beds Icon

Street View

$450,000

Monthly Est:$2,240

  • Beds Icon6 Beds
  • Beds Icon
    50 Baths
  • Beds Icon--sqft

4235 Evanston Ave, Indianapolis, IN 46220

$2,240/moEst:

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  • Duplex

  • Built in 2026

  • $-- HOA

  • 5,184 sqft lot

  • --/sqft

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.

  • Houzeo last checked: 13 minutes ago
  • Listing updated: July 16, 2026 at 1:13 pm
  • Listing Provided by: Zachary Douglas | Canull Group LLC (317) 496-3632
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID | MLS#: 22071854 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    Fairgrounds

  • Year Built

    2026

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    5,184 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22071854

  • MLS Status

    Active

  • Days on Market

    361

  • Cumulative Days on Market

    256

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 50

Other Features

  • Subdivision Name

    Montrose

Price History

DateEventPrice

11/05/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN as distributed by MLS GRID #MBR22071854

Price Decreased

$450,000 -5.26%

$0/sqft

11/05/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22071854

Listed for Sale

$475,000

$0/sqft

Getting Around 4235 Evanston Ave

Bike Score®

Bike Score

Somewhat Bikeable

48/100

Walk Score®

Walk Score

Car-Dependent

39/100

Transit Score®

Transit Score

Some Transit

38/100

Data provided by Redfin

Nearby Homes

Based on information from MIBOR REALTOR® Association through Nov 01, 2026, 01:30AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty

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