CALLING ALL INVESTORS AND REHABBERS!! 520 N Dearborn St presents a compelling fix-and-flip opportunity in Rivoli Park on Indianapolis' near east side. Situated on a quiet residential street just beyond an active revitalization zone, this property is positioned directly in the path of progress as redevelopment continues to expand into… Read More the surrounding area. This 2-story home offers 3 bedrooms, 1 full bath, 1,586 sq ft of living space, plus a 742 sq ft unfinished basement. The interior is in major disrepair and will require extensive renovation, while the exterior is in comparatively good condition and could benefit from a cosmetic facelift to maximize curb appeal and ARV. The main level features a spacious living room, large formal dining room, eat-in kitchen with breakfast nook, and a semi-open circular layout that could potentially be reconfigured into an impressive open-concept floor plan. The main-level laundry room may also offer potential for conversion to a half bath. Upstairs are all 3 bedrooms and the full bathroom. Much of the original woodwork remains, including baseboards and door/window trim, providing character worth preserving. Renovated properly, potential ARV could approach $250K! Priced for a quick sale. Cash or hard money only; no seller or creative financing. Priority will be given to offers able to close by 10/30. Read Less
Courtesy of Keller Williams Indpls Metro N.
Listing Snapshot
Days Online
13
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
1,586
Lot Size
0.1 Acres
Year Built
1912
MLS Number
22128392
Additional Details
Appliances & Equipment
Electric Oven, Refrigerator
Basement
Unfinished
Building
Built in 1912, Living area: 1586, Levels: Two, Construction Materials: Vinyl With Brick
Cooling
None
Exterior Features
Patio/Porch Features: Covered
Foundation
Block
Heating
Forced Air, Gas
Interior Features
WoodWorkStain/Painted
Laundry
Main Level
Lot
0.1 acres, Sidewalks
Property
Fixer
Taxes
Additional parcels description:, Parcel Number: 491005139007000101, Legal Description: Hoffmans E Mich St Add Sec 1 L19, Lot: 19, Year: 2025
Utilities
Water Source: Public
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