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201 Hugo Street

Indianapolis, IN 46229

ActiveListed Sep 9, 2026 · 27 days on market

Key facts

Beds
2
Baths
1 full
Living area
930 sqft
Lot
0.2 acres
Year built
1936
Type
Residential · Single Family Residence
Stories
One
MLS #
22124590
County
Marion
Subdivision
Gailcrest
Total building area
1,860 sqft

About this home

Charming 1936 bungalow with honest character. Step onto the covered front porch and into a light-filled living space where original hardwood tells its story in warm, lived-in tones-a home that feels ready to hold endless new chapters upon the floor. It offers the kind of "keep on truckin'" bones that reward a little patience and a lot of vision. The kitchen keeps its vintage warmth, featuring a wood accent wall, classic white cabinetry, a pantry (rare for this era), and room to make it your own. Two cozy bedrooms offer comfortable everyday living, while the unfinished basement holds the real upside: with egress windows added, there's clear potential for two additional bedrooms. With laundry already in the basement, there's fantastic potential to add a second bathroom. Outside, a fully fenced yard, patio, and detached garage pad round out the property. Whether you're looking to move in and update over time or maximize equity through the basement conversion, 201 Hugo St offers a rare blend of classic personality and real potential in Indianapolis. Located in Cumberland, a small town that blends historic charm with suburban-style housing development about 15 miles east of downtown Indianapolis . While the community maintains a hometown feel with a quaint downtown district and annual events, its location along the Interstate 70 corridor has made it the focus of homebuilders and a destination for commuters seeking a quieter alternative to city living.

Description provided by the listing brokerage.

Interior

Appliances
DryerElectric OvenWasherElectric Water HeaterWater HeaterRefrigerator
Interior features
Attic AccessWood Work PaintedBreakfast BarPaddle FanEat-in KitchenHi-Speed Internet AvailblPantry
Kitchen
Kitchen Some Updates
Flooring
Hardwood
Basement
Unfinished
Windows
ScreensStorm Window(s)Wood Frames
Security
Smoke Detector(s)
Rooms
7
Main-level bedrooms
2
Condition
Fixer

Exterior

Exterior features
Storage Shed
Patio and porch
Covered
Construction
Aluminum Siding
Foundation
Block
Style
Bungalow
Parking and garage
Gravel
Fencing
Fence CompletePrivacyGateFront Yard
Other equipment
Smoke AlarmSump PumpSatellite Dish

Systems

Heating
BaseboardForced AirGas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableNatural Gas Available

Lot and HOA

Lot features
Not In SubdivisionStorm SewerStreet LightsMature Trees

Schools

School district
MSD Warren Township

Taxes

Estimated annual tax
$2,916 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$917per month, estimated
Principal and interest $630Property tax $243Insurance $44
20% · $25,000
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$125,000
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