3
beds
2
baths
1,808
sqft
Built in
1955
**Investment Opportunity in Fountain Square** Taken down to the studs with hung drywall. Ready to complete. This property boasts numerous updates as of 2023, including a **new roof, gutters, downspouts, soffits**, and some **replaced windows**. With **great bones**, this 3-4 bedroom, 2-bathroom, 2-story home features **10-foot ceilings** on the main floor. Originally configured as three units, it includes a staircase with direct outside access to the upper level, offering potential for conversion into a multi-unit property or an Airbnb. Located close to parks, downtown, breweries, and more, this home offers plenty of space in the back for parking or the addition of a garage. Opportunities like this are rare in Fountain Square, making it a prime candidate for a fix-and-flip or a beautiful remodel to live in.
-
Listing Status:
-
Active
-
Date Added:
- January 13, 2025
—
84 days ago
-
Listing Office:
-
eXp Realty LLC, Frank Pyle (317-501-3467)
-
Office Phone:
-
frank.pyle@exprealty.com
-
MLS ID:
-
22017738
Features & Amenities
Interior
- General:
- Raised Ceiling(s), Hardwood Floors, Windows Vinyl, Windows Wood, Wood Work Painted, Paddle Fan
- Appliances:
- None
- Basement:
- Partial, Unfinished
- A/C:
- None
- Heating:
- No Heating
- Fireplace:
- Fireplaces: 0
Exterior
- Style:
- Craftsman, TraditonalAmerican
- Other Structures:
- Covered Porch
- Parking:
- Guest Parking, None
Construction
- General:
- Two, Block, Brick
Location
- Originating MLS:
- mibor
- School District:
- Indianapolis Public Schools
- County:
- Marion
Lot
- Zoning:
- Spann & Cos 2nd Woodlawn Add L477, 491007112270000101
- Fencing:
- Partial
Utilities
- Water:
- Municipal/City
Financial
- Source:
- mibor
This listing courtesy of:
eXp Realty LLC, Frank Pyle
Monthly Payment
For Regular Military with Good Credit and a 30 Year Loan with 0% Down
- Principal & Interest $1,363
- Taxes $210
- Insurance $61
- VA Funding Fee $13
*Your actual payment may vary based on your unique situation.
$1,648 Est. Payment
-
$--- BAH
=
$--- Remaining
Nearby Schools
-
William McKinley Elementary School 39
1733 Spann Ave, Indianapolis, IN 46203 - 0.13 miles away
Grades PK-6
-
Longfellow STEM Magnet Middle School
510 Laurel St, Indianapolis, IN 46203 - 0.25 miles away
Grades 7-8
-
Arsenal Technical High School
1500 E Michigan St, Indianapolis, IN 46201 - 1.22 miles away
Grades 9-12
Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.
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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