Key facts
- Beds
- 3
- Baths
- 1 full
- Living area
- 1,040 sqft
- Lot
- 0.2 acres
- Year built
- 1956
- Type
- Residential · Single Family Residence
- Stories
- One
- Garage
- 1 space
- MLS #
- 22118334
- County
- Marion
- Subdivision
- Lutz Maple Heights
- Total building area
- 2,080 sqft
About this home
Investor Opportunity in Indianapolis: Value-Add Mid-Century Ranch. Bring your tools and vision to this 1956 mid-century ranch! Offering solid structural bones and a functional single-story layout, this property presents a fantastic opportunity for investors, house flippers, or buyers looking to build equity through a full renovation. The home features classic brick exterior accents and includes an expansive, unfinished full basement that provides tremendous potential for creating additional living area, a recreation room, or a workshop. Situated on a generous lot, the property also boasts a large, open backyard with endless possibilities for landscaping or outdoor entertaining, all while offering a convenient Indianapolis location with easy access to local amenities and transit routes. Owner has never lived in the home. Buyers and their agents are responsible for independently verifying all room dimensions, lot lines, square footage, property condition, utility connections, and tax information prior to submitting an offer. Schedule your private walkthrough today to evaluate the full potential of this value-add project!
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Flooring
- Basement
- Windows
- Rooms
- 5
- Main-level bedrooms
- 3
Exterior
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
Systems
- Heating
- Cooling
- Water
- Utilities
Lot and HOA
- Lot features
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $1,092 / 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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