Whether you're looking for your next flip or a first home where you can build massive sweat equity, this is the one. This 3-bedroom, 1-bath traditional home offers over 1,700 sq. ft. of raw potential in one of Indy's most resilient investment pockets. Rare 3-bedroom footprint at this price point. The main floor features spacious living areas and a kitchen with character-rich cabinetry and a dishwasher already in place. A full, unfinished basement provides easy access to mechanicals and significant potential for a workshop or storage. Includes a detached garage, a long private driveway for off-street parking, and a fully fenced backyard, ideal for pets or future entertaining. Commuters will love the instant access to I-65, putting Downtown Indy and the surrounding suburbs just minutes away. You're also a short bike ride from the breweries, art galleries, and nightlife of Fountain Square and the sprawling green space of Garfield Park. This property is the perfect canvas for a savvy investor or a motivated starter-home buyer ready to trade some elbow grease for a high-value asset. At this price, the equity is just waiting to be unlocked. Bring your vision and your contractor. *Roof is 8 years old, water heater 1 year old, hvac 10 years old.
Active
Price cut: $15K (6/1)
$120,000
1546 Hoefgen St, Indianapolis, IN 46203
4beds
1,778sqft
Residential, Single Family Residence
Built in 1920
5,227 Square Feet Lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
Detached garageKitchen with character-rich cabinetryDishwasher already in place
- 115 days |
- 678 |
- 47 |
Zillow last checked:
Listing updated:
Listed by:
Miguel Rodriguez 317-500-2553,
Keller Williams Indy Metro Partners,
Ashley Rodriguez
Source: MIBOR as distributed by MLS GRID,MLS#: 22089047
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Upper
- Area: 208 Square Feet
- Dimensions: 16x13
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Level: Main
- Area: 135 Square Feet
- Dimensions: 15x9
Bedroom 4
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 13x10
Dining room
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Living room
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Electric Oven, Refrigerator
Features
- Built-in Features, Eat-in Kitchen
- Basement: Cellar
Interior area
- Total structure area: 1,778
- Total interior livable area: 1,778 sqft
- Finished area below ground: 74
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Fencing: Fenced,Full
Lot
- Size: 5,227 Square Feet
- Features: Sidewalks, Storm Sewer, Street Lights
Details
- Parcel number: 491019110148000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Security System Owned
- Subdivision: Downeys Southeast
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $102,700
- Annual tax amount: $722
- Date on market: 3/16/2026
- Cumulative days on market: 97 days
Estimated market value
Not available
Estimated sales range
Not available
$1,545/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $120,000$67/sqft |
Source:  MIBOR as distributed by MLS GRID #22089047 Report a problem | ||
| 6/12/2026 | Pending sale | $120,000$67/sqft |
Source: MIBOR as distributed by MLS GRID #22089047 Report a problem | ||
| 6/1/2026 | Price change | $120,000-11.1%$67/sqft |
Source: MIBOR as distributed by MLS GRID #22089047 Report a problem | ||
| 5/21/2026 | Pending sale | $135,000$76/sqft |
Source: MIBOR as distributed by MLS GRID #22089047 Report a problem | ||
| 4/18/2026 | Price change | $135,000-3.6%$76/sqft |
Source: MIBOR as distributed by MLS GRID #22089047 Report a problem | ||
| 3/16/2026 | Listed for sale | $140,000+98.9%$79/sqft |
Source: MIBOR as distributed by MLS GRID #22089047 Report a problem | ||
| 12/30/2004 | Sold | $70,400$40/sqft |
Source: MIBOR as distributed by MLS GRID #2424685 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $722 +16.6% | $102,700 +13.9% |
| 2024 | $619 -7.9% | $90,200 +5% |
| 2023 | $672 +30.3% | $85,900 +3.7% |
| 2022 | $516 +9.4% | $82,800 +21.9% |
| 2021 | $471 +14.7% | $67,900 +9% |
| 2020 | $411 +17% | $62,300 +16.7% |
| 2019 | $351 +10.8% | $53,400 +20.5% |
| 2018 | $317 -3.7% | $44,300 +8.3% |
| 2017 | $329 +1.2% | $40,900 +6.2% |
| 2016 | $325 +8.7% | $38,500 -3.3% |
| 2014 | $300 -28.7% | $39,800 +24.4% |
| 2013 | $420 | $32,000 -34% |
| 2012 | $420 | $48,500 -3.4% |
| 2011 | -- | $50,200 |
| 2010 | $401 +11.1% | $50,200 |
| 2009 | $360 | $50,200 -9.2% |
| 2007 | -- | $55,300 +14.3% |
| 2006 | -- | $48,400 +35.2% |
| 2005 | -- | $35,800 |
| 2004 | -- | $35,800 |
| 2003 | -- | $35,800 +193.4% |
| 2002 | -- | $12,200 +199.8% |
| 2001 | -- | $4,070 |
| 2000 | -- | $4,070 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Near Southeast
Nearby schools
GreatSchools rating
- 3/10Eleanor Skillen Elementary School 34Grades: PK-5Distance: 0.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.3 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46203
- Near Southeast
- 1546 Hoefgen St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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