Key facts
- Beds
- 3
- Baths
- 3 full
- Living area
- 1,567 sqft
- Lot
- 0.12 acres
- Year built
- 1960
- Type
- Residential · Single Family Residence
- Stories
- Two
- MLS #
- 22115731
- County
- Marion
- Subdivision
- Waldons Central Ave
- Total building area
- 2,739 sqft
About this home
The hardest part of this renovation is already behind you. This distressed property has been transformed with brand-new framing, electrical, and plumbing rough-ins completely finished, saving you months of prep work. Designed for today's buyer, the home features a spectacular, modern open-concept layout that flows seamlessly in one cohesive room from the front door all the way to the kitchen. The structure is expertly framed for a highly desirable 3-bedroom, 3-bathroom footprint, highlighted by a private, luxury primary suite spanning the entire upstairs level. With area ARVs soaring well over $300k, this is the dream scenario for an investor or flipper looking for a fast, high-margin flip. Much like the thriving Fountain Square market, demand in Mapleton Fallcreek is sky-high. Jump straight into the fun phase of construction and finishes. Sold strictly as-is!
Description provided by the listing brokerage.
Interior
- Windows
- Rooms
- 6
- Main-level bedrooms
- 2
- Condition
Exterior
- Construction
- Foundation
- Style
- Parking and garage
Systems
- Water
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $4,262 / 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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