What to know about this one.
CALLING ALL FLIPPERS! THREE PARCELS! $215K ARV! Here's your chance to grab an as-is project on a quiet east-side street in Irvington - minutes from the Irvington dining and shops corridor, Ellenberger Park, and East Washington Street's everyday conveniences, with a quick shot downtown. This 2-bedroom, 1-bathroom home offers 1,119 square feet on a single level, along with additional unfinished square footage in the basement that could easily be transformed into more living space. This place is ready for it's next owner to step in and pick the finishes that fit their budget and exit strategy. The sale includes TWO ADDITIONAL PARCELS alongside the home - extra land to hold, build on, or sell off later that listings at this price simply don't come with. Catherwood is a settled street of long-time owners and long-term tenants, the kind of block where a finished rental stays occupied and a finished flip finds its buyer. Priced well below the neighborhood's renovated values and sold strictly as-is, this one pencils for a rehabber, landlord, or sweat-equity buyer alike. Bring your contractor, run your numbers, and schedule your showing today - three parcels at this number won't hang around!
Amenities
Property details
- Property type
- Single Family Residence
- Year built
- 1946
- Lot size
- 0.1 ac
- Garage
- 2 spaces
- Stories
- One
- Fireplaces
- 1
- County
- Marion
- MLS #
- MBR22117842
Features
- Appliances
- Disposal
- Gas Water Heater
- Interior
- Eat-in Kitchen
- Wood Work Painted
- Exterior
- Other
- Heating
- Forced Air
- Electric
- Cooling
- Central Air
- Basement
- Full
Estimate your monthly payment
- P&I $655
- Property tax $216
- Insurance $46
Estimates only, not a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, 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 trust32 N Catherwood Avenue
Indianapolis, IN 46219