20 Schiller Street, Indianapolis, IN 46225

$598,500

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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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Victory Realty Team. Selling Office: Keller Williams Indpls Metro N.

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