What to know about this one.
CALLING ALL FLIPPERS! 220K ARV! PERFECT BRRRR DEAL! Check out this as-is opportunity in Eagledale - just minutes from the Indianapolis Motor Speedway, Mug 'N Bun, Borage, and the rest of the amazing Speedway dining district! This 3-bedroom, 1-bathroom ranch sits on a desirable corner lot with a large driveway and a detached 2-car garage for parking, storage, or a workshop. A renovation was started and never finished, so the next owner steps in with a head start and gets to choose the finishes that fit their budget and exit strategy. With the Speedway district's year-round demand - plus the race-season short-term rental upside few homes at this price can offer - the numbers pencil for a rehabber, landlord, or sweat-equity buyer alike. Priced well below the neighborhood's renovated values and sold strictly as-is, with Eagle Creek Park, Marian University, and convenient grocery all minutes away and easy access to downtown Indianapolis. Opportunities like this in the Speedway pocket move fast - bring your vision and schedule your showing today!
Amenities
Property details
- Property type
- Single Family Residence
- Year built
- 1956
- Lot size
- 0.15 ac
- Garage
- 2 spaces
- Stories
- One
- County
- Marion
- MLS #
- MBR22117584
Features
- Appliances
- Gas Water Heater
- Interior
- Attic Access
- Heating
- Forced Air
- Natural Gas
- Cooling
- Central Air
- Window Unit(s)
Estimate your monthly payment
- P&I $731
- Property tax $414
- Insurance $51
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 trust4823 Thrush Drive
Indianapolis, IN 46224