Unique Residential or Commercial Opportunity - Active Short-Term Rental Near Downtown Rare opportunity to own a commercially zoned property currently operating as a successful Airbnb just minutes from downtown. This beautifully updated two-bedroom, two-bath space offers a flexible layout featuring a spacious loft and an expansive upper deck with stunning city views. Thoughtfully renovated with modern finishes, the interior boasts open-concept living areas, updated kitchen and baths, and abundant natural light throughout. The large loft provides additional sleeping or lounge space, maximizing guest capacity and rental appeal. The private upper-level deck is a true highlight - perfect for entertaining or relaxing while enjoying panoramic skyline views. Located near downtown with excellent walkability to restaurants, breweries, coffee shops, and entertainment, this property sits in a highly desirable area for both short-term rental guests and business visibility. Easy access to major highways, cultural districts, and local attractions further enhances its value. Ideal for investors seeking immediate income potential, entrepreneurs wanting a live/work concept, or buyers looking for a distinctive commercial space in a prime urban location. A rare blend of location, versatility, and income-producing potential - opportunities like this don't come around often.
104 days
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104
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4
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Zillow last checked:
Listing updated:
Listed by:
Sarah Fishburn317-989-5613,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22086547
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1
Primary bedroom
Level: Main
Area: 100 Square Feet
Dimensions: 10x10
Bedroom 2
Level: Upper
Area: 168 Square Feet
Dimensions: 12x14
Dining room
Level: Main
Area: 80 Square Feet
Dimensions: 8x10
Kitchen
Level: Main
Area: 100 Square Feet
Dimensions: 10x10
Living room
Level: Main
Area: 168 Square Feet
Dimensions: 12x14
Loft
Level: Upper
Area: 280 Square Feet
Dimensions: 20x14
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Dishwasher, Microwave, Electric Oven, Refrigerator, Water Heater
Features
High Ceilings, High Speed Internet
Basement: Unfinished
Interior area
Total structure area: 1,128
Total interior livable area: 1,128 sqft
Finished area below ground: 0
Property
Parking
Parking features: None
Features
Levels: Two
Stories: 2
Patio & porch: Deck
Lot
Size: 2,178 Square Feet
Details
Parcel number: 491112101002000101
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential, Single Family Residence
Attached to another structure: Yes
Materials
Vinyl Siding
Foundation: Block
Condition
New construction: No
Year built: 1920
Utilities & green energy
Water: Public
Community & HOA
Community
Subdivision: Bates
HOA
Has HOA: No
Location
Region: Indianapolis
Financial & listing details
Price per square foot: $306/sqft
Tax assessed value: $180,900
Annual tax amount: $4,132
Date on market: 4/6/2026
Cumulative days on market: 105 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/29/2026
Price change
$345,000-1.4%$306/sqft
Source: MIBOR as distributed by MLS GRID #22086547Report a problem
4/6/2026
Listed for sale
$350,000+180%$310/sqft
Source: MIBOR as distributed by MLS GRID #22086547Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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