What to know about this one.
Located near Old Southside and Bates-Hendricks, this property offers a strong opportunity for buyers looking for an affordable home or investors searching for their next rental. Previously used as a rental and bringing in $1,275/month, the home is now vacant to allow for easy showings and a smoother transition for the next owner. With its central location, the property provides quick access to downtown Indianapolis, Fountain Square, Garfield Park, major commuter routes, local restaurants, coffee shops, and neighborhood development happening throughout the near south side. Whether you are looking to add to your portfolio or purchase a home in a growing area, this one offers flexibility, location, and income-producing potential.
Estimate your monthly payment
- P&I $756
- Property tax $125
- Insurance $52
Estimates only, not a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trust1906 Charles Street
Indianapolis, IN 46225
