$150,000
$159,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,792 SqFt
SOLD DATE : 01/12/2024
Key Details
Sold Price $150,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,792 sqft
Price per Sqft $83
Subdivision Northcroft
MLS Listing ID 21953541
Sold Date 01/12/24
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1925
Tax Year 2022
Lot Size 6,534 Sqft
Acres 0.15
Property Description
ATTENTION INVESTORS! An incredible fix-and-flip opportunity awaits in the highly coveted Meridian Kessler neighborhood, known for its established charm and desirable properties, many exceeding $1 million in value. Nestled in this prestigious area, this property is a diamond in the rough, presenting a chance for a full gut renovation. The potential is immense - if the second story is fully maximized and a garage is added, the After Repair Value (ARV) could reach an impressive $325-350k or more. Already undergoing some demo work and framing, this property is a blank canvas ready for the next owner to unleash their creative vision and transform it into a stunning masterpiece. Situated in a fantastic location without the constraints of an HOA, this property provides flexibility for both owner-occupants and savvy investors. Its proximity to downtown, multiple large hospitals within a 15-minute drive, Broad Ripple under 10 minutes away, and just a block from the Monon Trail makes it an ideal choice for potential short or medium-term rentals. Don't miss out on this golden opportunity to breathe new life into a property in one of Indy's most sought-after neighborhoods. Act fast and turn this fixer-upper into a lucrative investment!
Location
State IN
County Marion
Rooms
Basement Unfinished
Main Level Bedrooms 2
Interior
Interior Features Attic Access
Heating No Heating
Cooling None
Fireplace Y
Appliance None
Exterior
Utilities Available See Remarks
Building
Story One and One Half
Foundation Block
Water Municipal/City
Architectural Style TraditonalAmerican
Structure Type Stone
New Construction false
Schools
School District Indianapolis Public Schools
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