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2817 N New Jersey

Indianapolis, IN 46205

ActiveListed Jul 21, 2026 · 57 days on market

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
Vinyl Windows
Rooms
6
Main-level bedrooms
2
Condition
Fixer

Exterior

Construction
Vinyl Siding
Foundation
Block
Style
Craftsman
Parking and garage
Detached

Systems

Water
Public

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

$1,514per month, estimated
Principal and interest $1,084Property tax $355Insurance $75
20% · $43,000
6.47%
Loan type
Loan term

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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Listed at$215,000
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