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4102 Central Avenue

Indianapolis, IN 46205

PendingListed Oct 6, 2026 · 3 days on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
2,151 sqft
Lot
0.62 acres
Year built
1952
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22129662
County
Marion
Subdivision
Meridian Kessler

About this home

Excellent investment and development opportunity. This is a land play. The lot is 90' x 300' and has potential to be divided into 2 parcels of 150' x 90' each. Corner lot, home is surrounded by million dollar plus homes. On the back half of the lot, the city installed a water line believed to be from the 1950s but no house was ever built on the back lot. 3 bedroom, 2 bathroom ranch, one level home without a basement. New roof, new HVAC, new tankless hot water heater- all in 2026. Room sizes listed are approximate, buyer to verify. The property is being sold as-is.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric OvenRefrigeratorTankless Water Heater
Interior features
Attic Access
Fireplaces
1
Fireplace type
Living RoomWood Burning
Rooms
7
Main-level bedrooms
3
Condition
Fixer

Exterior

Patio and porch
Patio
Construction
Stone
Foundation
Crawl SpaceSlab
Style
Ranch
Parking and garage
Attached

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
Corner LotCurbsSidewalksStreet LightsMature Trees

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$4,036 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,897per month, estimated
Principal and interest $2,394Property tax $336Insurance $166
20% · $95,000
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$475,000
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