Key facts
- Beds
- 4
- Baths
- 1 full
- Living area
- 1,443 sqft
- Lot
- 0.12 acres
- Year built
- 1960
- Type
- Residential · Single Family Residence
- Stories
- Two
- MLS #
- 22115593
- County
- Marion
- Subdivision
- Waldons Central Ave
- Total building area
- 2,221 sqft
About this home
Unlock massive equity in Indianapolis's rapidly growing Mapleton-Fall Creek neighborhood! This completely untouched, distressed property is the ultimate blank canvas waiting for a talented flipper to step in and execute a profitable flip. With area ARVs soaring well over $240k, the financial upside here is undeniable. The home is in original condition and primed for a full-scale renovation from top to bottom. Bring your vision to redesign the layout, update the mechanicals, and handle the construction from start to finish. Located just minutes from downtown and local parks, this location is highly attractive to future homebuyers. Much like the booming Fountain Square market, Mapleton-Fall Creek is seeing incredible demand for finished, high-end remodels. Property sold strictly as-is-bring your contractor and cash offers today!
Description provided by the listing brokerage.
Interior
- Windows
- Rooms
- 6
- Main-level bedrooms
- 2
- Condition
Exterior
- Construction
- Foundation
- Style
Systems
- Water
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $1,030 / 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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