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Property Description
INVESTOR DEAL THE OPPORTUNITY Value-add investment opportunity in DeLand with the potential to create significant equity through completion and renovation. The property includes: Main residence requiring completion * Separate building with potential for 2 apartments * Plans and permits already submitted/filed with the County * Potential for multiple rental income streams * Convenient location near Downtown DeLand, hospitals and universities * Seller willing to cooperate 100% with the buyer throughout the transaction and provide available information regarding plans, permits and the progress figure is before closing costs, financing costs, holding costs, taxes, insurance, commissions, permits, change orders, and other project expenses. WHY THIS PROPERTY? The combination of a main residence plus a separate building with potential for two apartments creates an opportunity for an investor to pursue both equity appreciation and future rental income. The existing plans and permit activity can potentially save time during the development process, subject to County approval and verification. LOCATION Convenient DeLand location near:"¢ Downtown DeLand "¢ Hospitals "¢ Universities "¢ Shopping & restaurants "¢ Major transportation routes IMPORTANT .ARV, repair costs and potential income are estimates and are not guaranteed. Buyer and buyer's agent should independently verify all permits, plans, zoning, unit configuration, construction costs, rental requirements, measurements and projected values with the County and qualified professionals. Serious investors - bring your contractor, review the numbers, and evaluate the opportunity.
Full Property Details
Full Property Details for 737 E Indiana Ave
General
- Price: $259,500
- Taxes: $3,217 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: O6443821
- Updated: 9/22/2026
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: 8-12 Months
Interior
- Number of Rooms: 3
- Interior Features: Other
- Appliances: Other
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 32724 - Deland
- County: Volusia
- Development Name: 32724 - Deland
- Subdivision: PHIPPENS BLKS 129-130 & 135-136 DELAND
- Driving Directions: From I-4 East, Take exit 118A-B onto SR-44 W (E New York Ave). Go for 4.9 mi. Turn right onto N Adams Ave. Go for 472 ft. Home will be on your left
- Direction Faces: West
Community
- Community Name: 32724 - Deland
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Exterior Const.: Wood Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,008
- Sq. Ft. Source: Public Records
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,344
- Lot Size: 21344
- Lot Dimensions: 45 x 140
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $3,217.32
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 44 & 45 PHIPPENS SUB BLKS 135 & 136 DELAND PER OR 4541 PG 2019 PER OR 8499 PG 2953
- Flood Zone Info: X
- APN: 701019000440
- Property ID: 701019000440
- Block/Lot/Section: 135
Listed by Investor's Real Estate Llc
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Schools
Schools serving 737 E Indiana Ave
School District:Volusia County School District
| Name | Grades | Distance |
|---|---|---|
Deland High School 800 North Hill Avenue, DeLand, FL 32724 | 9-12 | 0.7 mi |
Blue Lake Elementary School, DeLand, FL 282 North Blue Lake Avenue, DeLand, FL 32724 | PK-5 | 0.9 mi |
Deland Middle School 1400 Aquarius Avenue, DeLand, FL 32724 | 6-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 737 E Indiana Ave
Date
Details
Price
Change
Source
9/22/2026
Listed
$259,500
40.27%
MLS
7/03/2025
Sold
$185,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 737 E Indiana Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,803
-13%
$153,095
—
2024
$3,217
—
$153,752
-12%
2024
$3,217
37%
$174,718
15%
2023
$2,353
14%
$152,347
33%
2021
$2,062
-7%
$114,737
-20%
2022
$2,208
7%
$144,188
41%
2021
$2,062
16%
$102,240
31%
2019
$1,778
7%
$78,276
10%
2018
$1,657
5%
$71,160
-5%
2017
$1,577
15%
$75,240
20%
2016
$1,377
-3%
$62,675
-15%
2015
$1,413
20%
$73,628
51%
2014
$1,180
2%
$48,604
4%
2013
$1,159
—
$46,562
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 737 E Indiana Ave
737 E Indiana Avenue, Deland, FL 32724 (MLS# O6443821) is a Single Family property with 3 bedrooms and 1 full bathroom. 737 E Indiana Avenue is currently listed for $259,500 and was received on September 22, 2026. Want to learn more about 737 E Indiana Avenue? Do you have questions about finding other Single Family real estate for sale in Deland? You can browse all Deland real estate or contact a Coldwell Banker agent to request more information.

