8516 S Arlington Avenue, Indianapolis, IN 46237

$490,000 Asking Price

3 beds
2 baths
2,484  sqft
Built in 1900

Property is zoned residential, but Seller believes it has the potential to be rezoned commercial. 2 Acres in Franklin Township! Right off the interstate, so it's located minutes from downtown Indy and minutes from downtown Greenwood and just minutes from the mall and restaurants. Roof is only one year old! This delightful 3-bedroom, 2-bath home exudes charm and comfort. The spacious living room seamlessly flows into the formal dining room, complete with a cozy fireplace. The kitchen opens to a large family room, also featuring a fireplace, perfect for gatherings and relaxation. Upstairs, the finished attic space offers two additional bedrooms, a full bath, a bonus room, and a convenient laundry room. The loft area has been thoughtfully converted into an extra bedroom, adding to the home's versatility. Step outside to enjoy the expansive enclosed glass patio, ideal for year-round enjoyment. Take a leisurely stroll around the picturesque 2-acre property, adorned with mature trees that provide a serene and private atmosphere. The property also includes a very large detached garage with fantastic electric heater, offering ample storage and workspace, along with abundant parking space for multiple vehicles.

Features & Amenities

Interior

General:
Attic Access, Raised Ceiling(s), Entrance Foyer, Windows Thermal, Wood Work Painted
Appliances:
Dishwasher, Electric Water Heater, MicroHood, Electric Oven, Refrigerator
Basement:
Cellar
A/C:
Central Electric
Heating:
Electric, Forced Air, Heat Pump, Wood Stove
Fireplace:
Dining Room, Family Room, Insert, Woodburning Fireplce, Fireplaces: 2

Exterior

Style:
TraditonalAmerican
Other Structures:
Screened
Parking:
Detached, Gravel, Garage Door Opener

Construction

General:
One and One Half, Brick, Cellar, Crawl Space

Location

Originating MLS:
mibor
School District:
Franklin Township Com Sch Corp
County:
Marion

Lot

Zoning:
Pt Ne1/4 Se1/4 S22 T14 R4 Beg Ne Cor S 260Ft W334.72Ft N 260Ft E 334.72Ft To Beg 2.0Ac, 491522110002000300

Utilities

Utilities:
Electricity Connected, Septic System, Water Connected, 200+ Amp Service
Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
United Real Estate Indpls, Todd Campbell

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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