Key facts
- Beds
- 2
- Baths
- 1 full
- Living area
- 899 sqft
- Lot
- 0.2 acres
- Year built
- 1924
- Type
- Residential · Single Family Residence
- Stories
- One
- MLS #
- 22128765
- County
- Marion
- Subdivision
- Galecrest
About this home
Opportunity is knocking on Indianapolis' east side! This 2-bedroom, 1-bath home offers an affordable opportunity for an investor, renovator, or buyer ready to bring their vision to life. Built in 1924, the home features approximately 899 square feet in a manageable single-story layout, giving you a practical footprint for your next renovation or investment project. The aluminum and wood exterior, wood windows, and existing layout provide a starting point with plenty of potential to refresh, improve, and make your own. Conveniently located in the 46229 area near the East Washington Street corridor, the property offers access to everyday shopping, dining and services, with Washington Square-area retail nearby and recreational opportunities along the Pennsy Trail. Whether you're looking for your next investment property or a home where you can build equity through improvements, this one is worth a closer look. Property needs TLC and is being sold strictly AS-IS. Seller does not intend to make repairs. No garage. Bring your ideas and see the potential at 101 N Monroe St!
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Flooring
- Rooms
- 5
- Main-level bedrooms
- 2
Exterior
- Patio and porch
- Construction
- Foundation
- Style
Systems
- Heating
- Cooling
- Water
Schools
- Elementary school
- Eastridge Elementary School
- High school
- Warren Central High School
- School district
- MSD Warren Township
Taxes
- Estimated annual tax
- $4,000 / 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.
Talk to a lender we trust