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    • Price cut: $10K (5/21)
    $199,900

    1126 Union St, Indianapolis, IN 46225

    4beds
    2,456sqft
    : 
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    Residential, Single Family Residence
    Built in 1920
    7,405 Square Feet Lot
    $-- Zestimate®
    $81/sqft
    $-- HOA

    What's special

    Large covered front porchRaised ceilings
    1126 Union St presents an excellent investment opportunity in the rapidly revitalizing Old Southside neighborhood. Just moments from Lucas Oil Stadium and downtown Indy, this 4 bed, 3.5 bath home (2,000 sq ft + 414 sq ft unfinished daylight basement) offers strong potential as a fix & flip, long-term hold, BRRRR strategy, or high-performing STR (projected $70k+ annual revenue). The home was taken to the studs and rebuilt a few years ago, but it was recently vandalized and now needs a full cosmetic renovation. Repairs needed include paint, flooring, kitchen, baths, fixtures, WH/HVAC, and exterior cleanup. The roof and composition cement siding appear to have been replaced within the past few years, so most of the heavy lifting is interior. ARV estimated at $350k+. The floorplan is ideal for renters or guests, featuring raised ceilings, open living/dining/kitchen layout, a main-level bedroom and full bath, plus a laundry room with adjacent half bath. Upstairs offers a primary suite with walk-in closet and full bath, along with two additional bedrooms and a shared full bath. Large covered front porch, deep lot that runs street-to-street, with gravel parking in the front and rear. No neighbors directly to the north, and revitalization is happening all around. Cash or hard money only. Sold as-is. A prime project in one of Indy's fastest developing urban districts-bring your vision and unlock big upside!
    235 days
    |
    479
    |
    32
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Stewart 317-450-9202,

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22072537MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Bedroom 2
      • Level: Main
      • Area: 150 Square Feet
      • Dimensions: 15x10
      Bedroom 3
      • Level: Upper
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Bedroom 4
      • Level: Upper
      • Area: 165 Square Feet
      • Dimensions: 15x11
      Dining room
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 11x10
      Kitchen
      • Level: Main
      • Area: 154 Square Feet
      • Dimensions: 14x11
      Laundry
      • Level: Main
      • Area: 54 Square Feet
      • Dimensions: 9x6
      Living room
      • Level: Main
      • Area: 150 Square Feet
      • Dimensions: 15x10
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: None
      • Laundry: Main Level
      Features
      • Attic Access, Walk-In Closet(s)
      • Basement: Unfinished
      • Attic: Access Only
      Interior area
      • Total structure area: 2,456
      • Total interior livable area: 2,456 sqft
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Alley Access, Gravel
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered
      • Fencing: Fenced,Partial
      Lot
      • Size: 7,405 Square Feet
      Details
      • Parcel number: 491112105003000101
      • Special conditions: As Is
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick, Cement Siding
      • Foundation: Block
      Condition
      • Fixer
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Mc Cartys Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $81/sqft
      • Tax assessed value: $313,500
      • Annual tax amount: $7,194
      • Date on market: 11/10/2025
      • Cumulative days on market: 230 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,856/mo

        Price history

        DateEventPrice
        5/21/2026Price change$199,900-4.8%$81/sqft
        Source: MIBOR as distributed by MLS GRID #22072537 Report a problem
        3/27/2026Price change$209,900-4.5%$85/sqft
        Source: MIBOR as distributed by MLS GRID #22072537 Report a problem
        2/19/2026Listed for sale$219,900$90/sqft
        Source: MIBOR as distributed by MLS GRID #22072537 Report a problem
        2/13/2026Pending sale$219,900$90/sqft
        Source: MIBOR as distributed by MLS GRID #22072537 Report a problem
        1/22/2026Price change$219,900-4.3%$90/sqft
        Source: MIBOR as distributed by MLS GRID #22072537 Report a problem
        11/10/2025Listed for sale$229,900-20.7%$94/sqft
        Source: MIBOR as distributed by MLS GRID #22072537 Report a problem
        5/12/2025Sold$290,000-4.9%$118/sqft
        Source: Public Record Report a problem
        11/4/2024Listing removed$304,900-3.2%
        Source: IRMLS #202429384 Report a problem
        9/3/2024Price change$314,900-3.1%
        Source: IRMLS #202429384 Report a problem
        8/5/2024Listed for sale$324,900-1.5%
        Source: IRMLS #202429384 Report a problem
        6/6/2024Listing removed--
        Source: MIBOR as distributed by MLS GRID #21930511 Report a problem
        5/8/2024Price change$330,000-2.9%$134/sqft
        Source: MIBOR as distributed by MLS GRID #21930511 Report a problem
        4/2/2024Price change$340,000-2.9%$138/sqft
        Source: MIBOR as distributed by MLS GRID #21930511 Report a problem
        2/20/2024Price change$350,000-5.4%$143/sqft
        Source: MIBOR as distributed by MLS GRID #21930511 Report a problem
        12/12/2023Price change$370,000-2.6%$151/sqft
        Source: MIBOR as distributed by MLS GRID #21930511 Report a problem
        11/29/2023Price change$380,000-2.6%$155/sqft
        Source: MIBOR as distributed by MLS GRID #21930511 Report a problem
        10/18/2023Listed for sale$390,000$159/sqft
        Source: MIBOR as distributed by MLS GRID #21930511 Report a problem
        9/6/2023Listing removed--
        Source: MIBOR as distributed by MLS GRID #21930511 Report a problem
        7/25/2023Price change$390,000-1.3%$159/sqft
        Source: MIBOR as distributed by MLS GRID #21930511 Report a problem
        7/5/2023Listed for sale$395,000-10%$161/sqft
        Source: MIBOR as distributed by MLS GRID #21930511 Report a problem
        3/27/2023Listing removed--
        Source: MIBOR as distributed by MLS GRID #21884047 Report a problem
        2/17/2023Price change$439,000-2.2%$179/sqft
        Source: MIBOR as distributed by MLS GRID #21884047 Report a problem
        11/18/2022Listed for sale$449,000+398.9%$183/sqft
        Source: MIBOR as distributed by MLS GRID #21884047 Report a problem
        8/6/2021Sold$90,000-9.9%$37/sqft
        Source: Public Record Report a problem
        6/12/2021Listed for sale$99,900$41/sqft
        Source: MIBOR as distributed by MLS GRID #21765798 Report a problem
        4/26/2021Pending sale$99,900+1148.8%$41/sqft
        Source: MIBOR as distributed by MLS GRID #21765798 Report a problem
        4/25/2017Sold$8,000$3/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,195 +3.8%$313,500 +3.4%
        2024$6,931 +109%$303,200 +3.8%
        2023$3,316 +12%$292,200 +108.4%
        2022$2,960 +131.8%$140,200 +9.5%
        2021$1,277 +134.2%$128,000 +14%
        2020$545 -86.2%$112,300 +63.7%
        2019$3,966 +846%$68,600 +25.9%
        2018$419 -47.7%$54,500 +1.1%
        2017$802 +62.6%$53,900 +7.8%
        2016$493 +7.7%$50,000 -18.3%
        2014$458 -10.7%$61,200
        2013$513 $61,200 +2.2%
        2012$513 $59,900 +9.9%
        2011-- $54,500
        2010$439 +11%$54,500
        2009$395 $54,500 -8.6%
        2007-- $59,600 +2.9%
        2006-- $57,900 +31.9%
        2005-- $43,900
        2004-- $43,900
        2003-- $43,900 +235.1%
        2002-- $13,100 +199.8%
        2001-- $4,370
        2000-- $4,370

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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        Climate risks

        Neighborhood: Near Southside

        Getting around

        63 / 100
        Somewhat Walkable
        36 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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