Key facts
- Beds
- 4
- Baths
- 2 full · 1 half
- Living area
- 2,264 sqft
- Lot
- 0.26 acres
- Year built
- 1905
- Type
- Residential · Single Family Residence
- Stories
- Two
- Garage
- 2 spaces
- MLS #
- 22113220
- County
- Marion
- Subdivision
- Elders University Heights
- Total building area
- 3,396 sqft
About this home
READ AGENT REMARKS BEFORE SCHEDULING SHOWING. Indianapolis investment opportunity on a prime corner lot near the University of Indianapolis and just a short drive from downtown. Gutted to the studs and ready for its next chapter, this property comes with permit-ready plans for a 4-bedroom, 2.5-bath home featuring 9'+ ceilings, an open living room flowing into a huge kitchen and dining combo, and a private main-level primary suite with walk-in closet and en-suite bath. A half bath and laundry room round out the main level. Upstairs, three additional bedrooms - two with charming window seats and one boasting a huge walk-in closet - share a full bath, complemented by a linen closet and a skylight-lit stairwell that fills the upper level with natural light, plus a laundry chute for everyday convenience. The unfinished basement offers excellent storage or workshop space. Curb appeal is already in place with newer LP SmartSide siding, a newer roof, a striking red front door with sidelights, a covered front porch, and beautiful mature landscaping. Outside, enjoy a large detached 2-car garage, an expansive deck, and a fully fenced, privacy-fenced backyard. Situated on a .26-acre corner lot with 82' of frontage and 136' of depth, this property may also offer potential to split off a second buildable lot (subject to zoning approval) - a compelling upside for builders and investors seeking new construction or fix-and-flip potential in a high-demand area near the university. Bring your vision and your contractor; the heavy lifting of demo and design is already done.
Description provided by the listing brokerage.
Interior
- Interior features
- Other rooms and areas
- Basement
- Fireplaces
- 1
- Fireplace type
- Laundry
- Windows
- Rooms
- 7
- Main-level bedrooms
- 1
- Condition
Exterior
- Exterior features
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
- Other equipment
Systems
- Cooling
- Water
Lot and HOA
- Lot features
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $3,034 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give 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.
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