Rare double-lot flip/development opportunity in one of the near south side's most actively renovated historic pockets. This 3-bedroom, 1-bath (with plumbing already installed for a second full bath - potential for 2 full baths total), 1,622-square-foot home sits on 7,318 square feet across two parcels - roughly double the width… Read More of surrounding lots - with a solid foundation and the heavy, unglamorous work already done. What's already completed: a new roof, new upsized water and sewer lines, a functional furnace, drainage that's nearly complete, and the home gutted to the studs, insulated, and reframed for an open first-floor layout. Fully custom, stamped architectural plans for a carriage house/ADU are available by request. Since the sewer and water lines are already upsized and sized for it, no new taps are needed - an estimated $15K-$20K savings off the build. Estimated $110K-$150K to finish out. After Repair Value: $275K-$375K, depending on the route the investor takes. Located in the Bates-Hendricks Historic District, walkable to Fountain Square and just minutes from downtown Indianapolis. Cash or hard money only. Read Less
Courtesy of @properties.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,622
Lot Size
0.17 Acres
Year Built
1910
MLS Number
22122192
30 Days Snapshot Of 46203
$218k
0%
(avg) sold price
51
+54%
homes sold
79
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: None, Gas Water Heater
Basement
Description: Cellar
Building
Area: 1239, Architecture: Traditional, Building Area: 1622, Construction Materials: Other, Levels: One and One Half, Year Built: 1910
Cooling
Details: None
Exterior Features
Features: Storage Shed, Patio Features: Porch
Fence
Description: Fence Complete
Fireplaces
Total Fireplaces: 0
Garage
Garage Spaces: 1, Other Garage Features: Guest Street Parking
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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