1737 E 72nd Street, Indianapolis, IN 46240

$299,000 Asking Price

1 bed
1 bath
1,005  sqft
Built in 1933

Discover an unparalleled investment opportunity nestled amidst the serene woods of Ravenswood. This exceptional property spans 5 parcels totaling over an acre of wooded beauty. Convenient access to Broadripple, Downtown Indy, and the Northside. Boasting not just one, but two fully updated turn-key cabins, this offering is truly one-of-a-kind opportunity. The primary cabin exudes charm with its brand-new kitchen and bathroom, complemented by a cozy living room featuring a fireplace AND a fully enclosed wrap around porch with heating and air with a brand new 8-person luxury hot tub. An expansive loft upstairs offers flexibility for a large bedroom or two smaller ones, ensuring ample space for relaxation. Meanwhile, cabin two (520 sq. ft.) , a stylish studio, comes complete with a kitchen, laundry facilities, and a sprawling new deck ideal for outdoor gatherings and leisure. Both cabins have undergone meticulous updates, ensuring they are not only aesthetically pleasing but also fully functional and primed for immediate enjoyment. Whether envisioning your dream retreat or seeking a lucrative Airbnb venture, this property stands ready to fulfill your aspirations. Don't miss this rare opportunity to own a slice of tranquility with limitless potential in the heart of Indianapolis' most coveted locales.


Features & Amenities

Interior

General:
Hardwood Floors
Appliances:
Dishwasher, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator
Laundry:
Main Level
A/C:
Central Electric
Heating:
Forced Air
Fireplace:
Family Room, Fireplaces: 1

Exterior

General:
Balcony, Storage Shed, Above Ground
Style:
Log
Other Structures:
Screened
Parking:
Attached

Construction

General:
Two, Block

Location

Originating MLS:
mibor
School District:
MSD Washington Township
County:
Marion

Lot

Zoning:
Ravenswood Sec 3 L196, 490325122100000800

Utilities

Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Hoosier Roots Real Estate Solutions, LLC, Elizabeth Brewer

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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