2520 N Ritter Avenue, Indianapolis, IN 46218

$125,000 Asking Price

3 beds
1 bath
1,356  sqft
Built in 1948

Discover this ranch home nestled just northeast of downtown Indianapolis, offering a prime opportunity for those ready to undertake a rewarding project. Featuring 3 bedrooms, 1 bathroom, and 1,356 square feet of living space on a sprawling 0.79-acre lot, this property is ripe for transformation. Although it requires substantial TLC, the bones feel solid, and a brand-new roof was installed in 2023. Ideal for a savvy investor aiming to flip or rent, or a hands-on owner-occupant wishing to personalize their living space, this home caters to various needs. It boasts an expansive driveway and a substantial detached 3-car concrete block garage, perfect for running a home-based business like an auto repair shop, a workshop, or for extra storage of work vehicles. Offered as-is in an estate sale, this home presents a straightforward investment opportunity in a convenient location with easy access to major roads and freeways. Visit and explore the potential firsthand. This fixer-upper is the project you've been searching for to imprint your personal touch or to jump-start your business from the comfort of your home.


Features & Amenities

Interior

General:
Eat-in Kitchen
Appliances:
Refrigerator
Laundry:
Main Level
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Family Room, Fireplaces: 1

Exterior

Style:
Ranch
Other Structures:
Covered Porch, Covered Patio
Parking:
Detached

Construction

General:
One, Crawl Space

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Pt Se1/4 Nw1/4 S27 T16 R4 Beg 140Ft N & 300Ft W Ofse Cor N 115Ft E 300Ft S 70Ft Sw 241Ft W 60Ft Tobeg 0.694Ac, 490727117022000701
Fencing:
Chain Link

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Keller Williams Indpls Metro N, Peter Stewart

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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