Investor special in Bates Hendricks! Welcome to 243 Iowa St, a prime opportunity to finish what's been started and reap the rewards. This 3-bedroom, 2-bath, two-story home offers nearly 2,000 sq ft of finished living space and sits on a spacious, flat .3-acre lot with a brand-new 1-car detached garage.… Read More Much of the heavy lifting has already been done-demo, design, framing, drywall, rough plumbing and electrical, new windows, and flooring are in place. Now it's ready for your finishing touches. Designed with an investor in mind, this home features a desirable layout with a main-level primary suite, complete with an en-suite bath and sliding glass doors that open to the backyard. Upstairs, you'll find two additional bedrooms, a full bath, and a versatile loft space. Located in the heart of Bates Hendricks-one of Indy's hottest revitalized neighborhoods-this property is surrounded by stunning new builds and high-end renovations. Homes on this very street are being transformed, and the ARV potential here is strong, with comps suggesting values of $350K+ when finished. Just minutes to downtown, this location is ideal for short, mid, or long-term rental strategies-or rehab and flip it for a great return. Property is sold as-is and will require cash or hard money financing. Don't miss your chance to be part of the continued transformation of one of Indianapolis' most dynamic neighborhoods. Schedule a showing today and bring your vision to life at 243 Iowa St! Read Less
Courtesy of Keller Williams Indpls Metro N.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,952
Lot Size
0.1 Acres
Year Built
1895
MLS Number
MBR22050699
30 Days Snapshot Of 46225
$242k
-8%
(avg) sold price
7
+16%
homes sold
129
+200%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: "None"
Basement
Description: "Cellar"
Building
Area: 1824, Architecture: "Traditional", Building Area: 1952, Construction Materials: "Wood Siding", Levels: "Two", Year Built: 1895
Cooling
Details: "None"
Exterior Features
Patio Features: "Covered"
Fireplaces
Total Fireplaces: 0
Garage
Garage Spaces: 1
Heating
Heating: "Other"
Laundry
Description: "Connections All", "Main Level"
Lot
Acres: 0.1, MLS Acres: <1/4 Acre
Property
Description: "Not Applicable"
Utilities
Water Source: "Public"
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