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About This Home
This 2-bedroom, 2-bathroom single family at 1633 N New Jersey Street in Indianapolis, IN is listed for $575,000 ($425 per sqft). Built in 1919, the home offers 1,354 sqft of living space on a 0.07 acres lot.
Fully occupied Townhome with a Premium 1 Bedroom Carriage House in the Historic Herron-Morton neighborhood. This exceptional dual-residence property at 1633 & 1637 N New Jersey St offers a rare blend of turn-key living and high-performance investment potential in one of Indianapolis's most coveted historic districts.
The main structure features a spacious 2BR/2BA layout with an unfinished basement. The home welcomes you with a deep, covered front porch leading into a seamless, modern interior highlighted by updated finishes, generous living areas, and a gourmet kitchen.
Beyond the interior, the home offers a private, spacious fenced-in backyard. Adding unparalleled value is the 2-car detached garage topped by a fully-appointed 1BR/1BA carriage house. This unit provides 716 sq ft of additional living space, perfect for a high-end short-term rental, a long-term tenant, or a private guest retreat.
The home & the carriage house are currently tenant occupied for immediate cash flow at a total of $3,834/month. Ideally located steps from Tinker Street, Foundry Coffee, Kroger and much more. Whether you are looking for a sophisticated "house-hack" or a flagship addition to your portfolio, this property delivers a perfect blend of performance and prestige. ***Home photos are from unit 1635 & the Carriage House is from a similar unit***
Key Features
- Built in 1919
- 0.07 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,075/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1633 N New Jersey Street
Indianapolis, IN 46202
Allen & Roots North
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom single family at 1633 N New Jersey Street is listed at $575,000 ($425/sqft). The estimated monthly payment is $2,492 based on 20% down at 6.5% interest.
Key features include: Built in 1919, 0.07 acre lot. Interior Features: Paddle Fan, In-law Arrangement, Eat-in Kitchen. Exterior Features: Fencing, Carriage/Guest House.
This property is listed by Mina Kadhum and can be reached at 3173746055 or mina@truebloodre.com.
