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4126 N Arlington Avenue

Indianapolis, IN 46226

PendingListed Aug 5, 2026 · 56 days on market

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
Refrigerator
Interior features
Attic AccessEat-in Kitchen
Flooring
Hardwood
Basement
FullStorage SpaceUnfinished
Windows
Vinyl Windows
Rooms
5
Main-level bedrooms
3

Exterior

Construction
BrickStoneBlock
Foundation
BlockFull
Style
RanchTraditional
Parking and garage
Detached
Fencing
Partial

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected

Lot and HOA

Lot features
SidewalksStorm SewerStreet LightsSuburbMature Trees

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

$495per month, estimated
Principal and interest $378Property tax $91Insurance $26
20% · $14,980
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$74,900
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