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- Description
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Street View
$450,000
Monthly Est:$2,240
6 Beds
- 50 Baths
--sqft
4235 Evanston Ave, Indianapolis, IN 46220
$450,000
$2,240/moEst:
Get Pre-Approved
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

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
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
| Date | Event | Price |
|---|---|---|
11/05/2025 Source: | Price Decreased | $450,000 -5.26% $0/sqft |
11/05/2025 Source: | Listed for Sale | $475,000 $0/sqft |
Getting Around 4235 Evanston Ave
Bike Score®
Somewhat Bikeable
48/100
Walk Score®
Car-Dependent
39/100
Transit Score®
Some Transit
38/100
Data provided by Redfin
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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


