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+13178402275
United Real Estate
1420 E Edwards Avenue, Indianapolis, IN 46227
- $179,900
- 4
- BD
- 3
- BA
- 3,396
- SqFt
- List Price
- $179,900
- Price Change
- ▼ $10,000 1790110611
- MLS#
- 22113220
- Property Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Sqft. of Residence
- 3,396
- Year Built
- 1905
- Days on Market
- 95
- Status
- ACTIVE
Property Description
READ AGENT REMARKS BEFORE SCHEDULING SHOWING. Indianapolis investment opportunity on a prime corner lot near the University of Indianapolis and just a short drive from downtown. Gutted to the studs and ready for its next chapter, this property comes with permit-ready plans for a 4-bedroom, 2.5-bath home featuring 9'+ ceilings, an open living room flowing into a huge kitchen and dining combo, and a private main-level primary suite with walk-in closet and en-suite bath. A half bath and laundry room round out the main level. Upstairs, three additional bedrooms - two with charming window seats and one boasting a huge walk-in closet - share a full bath, complemented by a linen closet and a skylight-lit stairwell that fills the upper level with natural light, plus a laundry chute for everyday convenience. The unfinished basement offers excellent storage or workshop space. Curb appeal is already in place with newer LP SmartSide siding, a newer roof, a striking red front door with sidelights, a covered front porch, and beautiful mature landscaping. Outside, enjoy a large detached 2-car garage, an expansive deck, and a fully fenced, privacy-fenced backyard. Situated on a .26-acre corner lot with 82' of frontage and 136' of depth, this property may also offer potential to split off a second buildable lot (subject to zoning approval) - a compelling upside for builders and investors seeking new construction or fix-and-flip potential in a high-demand area near the university. Bring your vision and your contractor; the heavy lifting of demo and design is already done.
Additional Information
- Basement
- Daylight, Full, Unfinished
- Foundation
- Block, Brick/Mortar, Full
- Number of Fireplaces
- 1
- Fireplace Description
- Living Room, Masonry
- Stories
- Two
- Architecture
- Traditional
- Equipment
- Sump Pump
- Interior
- High Ceilings, Entrance Foyer, Hi-Speed Internet Availbl
- Exterior Amenities
- Barn Mini, Fire Pit, Smart Lock(s)
- Acres
- 0.26
- Heat
- None
- Cooling
- Central Air
- Financing
- FHA 203(k), Other
- Appliances
- None
- Semi-Annual Taxes
- $1,517
- Garage
- Yes
- Region
- Perry
- Areas
- Bedroom Other on Main, Laundry in Unit
- Eating Areas
- Dining Combo/Kitchen
Listing courtesy of Gretchen Szostak. DNA Properties, LLC
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