Property Attributes
- MLS#22122192
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaCenter
- NeighborhoodLemckes Sub Beatys
- Zip46203
- StyleTraditional
- Year Built1910
- Taxes$ 4402
- Price$ 99,900
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1622
- Lot Size0.17 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Rare double-lot flip/development opportunity in one of the near south side's most actively renovated historic pockets. This 3-bedroom, 1-bath (with plumbing already installed for a second full bath - potential for 2 full baths total), 1,622-square-foot home sits on 7,318 square feet across two parcels - roughly double the width of surrounding lots - with a solid foundation and the heavy, unglamorous work already done. What's already completed: a new roof, new upsized water and sewer lines, a functional furnace, and drainage that's nearly complete. The home has been gutted to the studs and insulation, reframed for an open first-floor layout. Fully custom, stamped architectural plans for a carriage house/ADU are available by request. Since the sewer and water lines are already upsized and ready for ADU tie-in, no new taps are needed - an estimated $15K-$20K savings off the build. Estimated $110K-$150K to finish out. After Repair Value: $275K-$375K, depending on the route the investor takes. Located in the Bates-Hendricks Historic District, walkable to Fountain Square and just minutes from downtown Indianapolis. Cash or hard money only.
| Price History | |
|---|---|
| 9/3/2026 | Listed $99,900 |
General Features
| Heating | Forced Air,Natural Gas |
|---|---|
| Cooling | None |
| Utilities | Cable Available,Electricity Connected,Natural Gas Available,Sewer Connected,Water Connected |
| Possession | Closing |
| Appliances | None,Gas Water Heater |
| Garage Spaces | 1 |
| Patio/Porch Features | Porch |
| Architectural Style | Traditional |
| Construction Materials | Other |
| Year Built | 1910 |
| Township | Center |
| Levels | One and One Half |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Lemckes Sub Beatys |
| Garage Y/N | Yes |
| Total Rooms | 8 |
| Full Baths | 2 |
| Status | Active |
| Directions | GPS Friendly |
| City | Indianapolis |
| High School District | Indianapolis Public Schools |
| MLS Area | 4910 - Marion - Center |
| Lot Size Square Feet | 7318 |
| Property Attached Y/N | No |
| Property Condition | Fixer |
| Standard Status | Active |
| Tax Lot | 23 & 24 |
| Legal Description | Lemckes Sub Beatys Add L23 & L24 B18 |
Interior Features
| Interior Amenities | Paddle Fan |
|---|---|
| Basement | Cellar |
| Basement (Y/N) | Yes |
| Laundry Features | Main Level |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 1 |
| LivingAreaSource | Assessor |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Storage Shed |
|---|---|
| Fencing | Fence Complete |
| Parking Features | Detached |
| Lot Features | Mature Trees,Trees-Small (Under 20 Ft) |
| Water Source | Public |
| Foundation Details | Cellar |
| Spa | No |
| Building Area Total | 1622 |
| Lot Size Acres | 0.17 |
| Waterfront Y/N | No |
| Other Equipment | Smoke Alarm,Satellite Dish |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46203
In The Neighborhood
Indianapolis
$ 114,999
- Type
- Single Family
Indianapolis
$ 150,000
- Type
- Single Family
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Last Updated: September 11, 2026 2:38 PM UTC