225 S Hancock St
EZ QUALIFY
HOMES ON PAYMENTS
FIX-UP HOMES
LOCATED IN
INDIANAPOLIS, INDIANA
225 S Hancock St Indianapolis, Indiana 46222
2 Bedrooms . . . . . 1 Bath . . . . . 1-Car Garage
Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $114,900
Monthly Payment . . . . . . . . . . . . . . . . . . . . . . $999
Down Payment . . . . . . . . . . . . . . . . . . . . . . . $1000
Nestled southwest of vibrant downtown Indianapolis, this charming 2-bedroom gem offers an exciting opportunity for those eager to craft their dream home. Whether you're a first-time buyer or savvy investor, this property is brimming with potential. The exterior welcomes you with a delightful covered porch, perfect for relaxing evenings and morning coffees. The partially fenced yard provides privacy and the ideal canvas for gardening enthusiasts or outdoor entertainment spaces. Inside, spacious rooms are bathed in natural light, awaiting your personal touch to transform them into cozy retreats. With some repairs, you'll not only save but also increase the home's value significantly.
Our Homes on Payments Fix-Up Home Program offers home purchasing opportunities
for families, individuals and investors in the Central Indiana area.
Get qualified for a Homes on Payments home in just 3 days with little or nothing down.
Our Homes on Payments homes are easy to qualify and bad credit is OK.
Why throw your money away renting when you can purchase your own Homes on Payments home.
Offered By: Rainbow Realty Group, Inc.
WINDSOR VILLAGE OFFICE (EAST)
6104 E 21st Street
Indianapolis, Indiana
The owners of Rainbow Realty Group, Inc. have been in the Real Estate Business since 1974.
They have bought and sold over 1000 homes and have a reputation of being fair but firm.
This Homes on Payments property has a sales price of $114,900 with $1000 down and $999 monthly.
Term is 30 years under a purchase contract at a fixed rate of interest (9.67%).
There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates"
or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment.
The only way you will ever lose your home or property... is if YOU don't make your payments.
All properties are offered in "AS-IS" condition to be used as investment income properties.
Properties may not be rented, lived in or used as a dwelling until property is brought up to
minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance.
STOP LOOKING ... Rainbow Realty Group is the perfect source of Homes on Payments Homes You Fix in Indianapolis and Central Indiana
This Homes on Payments property has a sales price of $114,900 with $1000 down and $999 monthly.
Term is 30 years under a purchase contract at a fixed rate of interest (9.67%).
There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates"
or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment.
The only way you will ever lose your home or property... is if YOU don't make your payments.
All properties are offered in "AS-IS" condition to be used as investment income properties.
Properties may not be rented, lived in or used as a dwelling until property is brought up to
minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance.
House for rent
$999/mo
Fees may apply
225 Hancock St, Indianapolis, IN 46222
2beds
798sqft
Price may not include required fees and charges. Price shown reflects the lease term provided. Learn more|
Single family residence
Available now
Cats, dogs OK
Hookups laundry
Detached parking
What's special
Partially fenced yardCovered porchSpacious rooms
- 59 days |
- -- |
- -- |
Zillow last checked:
Listing updated:
Travel times

Let’s turn your rent into credit progress
Build credit history with every on-time payment and get credit for the payment you’re already making.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: WD Hookup
- Laundry: Hookups
Features
- WD Hookup
Interior area
- Total interior livable area: 798 sqft
Property
Parking
- Parking features: Detached
- Details: Contact manager
Details
- Parcel number: 491109107065000901
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Lease term: Rent to Own
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listed for rent | $999$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/18/2009 | Sold | $12,000-39.7%$15/sqft |
Source: Agent Provided Report a problem | ||
| 8/31/2009 | Price change | $19,900-20.1%$25/sqft |
Source: CENTURY 21 Gordon & Associates #2936837 Report a problem | ||
| 7/30/2009 | Listed for sale | $24,900+149%$31/sqft |
Source: CENTURY 21 Gordon & Associates #2936837 Report a problem | ||
| 10/15/2008 | Sold | $10,000$13/sqft |
Source: Public Record Report a problem | ||
Neighborhood: West Indianapolis
Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 3.3 mi
- 4/10William Penn School 49Grades: 6-8Distance: 1 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 0.5 mi
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