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256 W Gimber Street

Indianapolis, IN 46225

ActiveListed Oct 15, 2026 · 6 days on market

Key facts

Beds
2
Baths
1 full
Living area
1,250 sqft
Lot
0.22 acres
Year built
1910
Type
Residential · Single Family Residence
Stories
One and one half
MLS #
22131351
County
Marion
Subdivision
Bakemeyer
Total building area
1,845 sqft

About this home

Bring your vision and a contractor. 2 BR/1 BA Stone exterior shotgun/bungalow with an upper level waiting to be converted to additional living space or a 3rd bedroom. Good size basement, covered porch and a large lot with an outbuilding/storage shed. This home is a Fixer Upper that has tons of potential. Sold AS-IS. Seller will not make any repairs. Cash only.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDisposalGas Oven
Interior features
High CeilingsPaddle FanEat-in Kitchen
Other rooms and areas
Laundry in Unit
Basement
DaylightUnfinished
Laundry
Main Level
Windows
Low-Emissivity WindowsVinyl WindowsWood Frames
Rooms
8
Main-level bedrooms
2
Condition
Fixer

Exterior

Exterior features
Storage Shed
Patio and porch
Covered
Construction
Stone
Foundation
Block
Style
Bungalow
Parking and garage
Concrete

Systems

Heating
Forced AirNatural Gas
Water
Public
Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Lot features
Mature TreesTrees-Small (Under 20 Ft)

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$2,370 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$656per month, estimated
Principal and interest $428Property tax $198Insurance $30
20% · $17,000
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$85,000
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