Zoned for Up to 5 Units | Garage | Prime Redevelopment Opportunity - Endless Potential! Bring your vision and unlock the possibilities with this blank-slate opportunity. This property is ready for a complete transformation, allowing you to skip much of the demolition and clean-out work and focus on creating value. With zoning that allows up to 5 units , this property offers multiple investment strategies, including multifamily development, a duplex conversion, AirBnB, or a custom renovation project. Property features include: 3rd floor with staircase, detached 2-car garage, convenient location near Ivy Tech and the Children's Museum, surrounded by newly built and recently renovated homes, highlighting the area's continued growth and revitalization. Whether you're an investor, developer, experienced rehabber, or potential homeowner, this is an opportunity to create something special in a nice neighborhood. Property sold AS-IS, needs TLC. Home is currently under construction/rehab conditions so exercise caution and be safe when touring. Adjacent land is not included in the sale. This a completely gutted already existing structure. No primary bedroom exists as there is only framing, the sqft are possible measurements if built and info for bedroom and all other info for listing collected from tax data and info available on MIBOR. It is listed as a single family residence for technical reasons on MIBOR, it can be a home, zoned for a duplex , used as multi family and approved for 5+ units, etc.
32 days
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266
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Zillow last checked:
Listing updated:
Listed by:
Suhail Khan317-956-9410,
Real Broker, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22110626
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Primary bedroom
Features: Other
Level: Upper
Area: 182 Square Feet
Dimensions: 13x14
Heating
None
Cooling
None
Appliances
Included: None
Features
Attic Access, Attic Stairway
Basement: Unfinished
Attic: Access Only,Permanent Stairs
Number of fireplaces: 1
Fireplace features: Living Room
Interior area
Total structure area: 5,671
Total interior livable area: 5,671 sqft
Finished area below ground: 0
Property
Parking
Total spaces: 2
Parking features: Detached
Garage spaces: 2
Features
Levels: Three Or More
Exterior features: Fire Pit
Has view: Yes
View description: Trees/Woods
Lot
Size: 8,712 Square Feet
Features: Curbs, Sidewalks
Details
Parcel number: 490626190030000101
Special conditions: As Is,Broker Owned,Fixer Upper
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Residential, Single Family Residence
Materials
Vinyl Siding, Wood Siding
Foundation: Block, Other
Condition
Under Construction
New construction: No
Year built: 1920
Utilities & green energy
Water: Public
Community & HOA
Community
Subdivision: Burton & Campbells Park
HOA
Has HOA: No
Location
Region: Indianapolis
Financial & listing details
Price per square foot: $36/sqft
Tax assessed value: $477,300
Annual tax amount: $5,133
Date on market: 6/26/2026
Cumulative days on market: 33 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/26/2026
Listed for sale
$205,000+41.4%$36/sqft
Source: MIBOR as distributed by MLS GRID #22110626Report a problem
9/11/2020
Sold
$145,000-3.3%$26/sqft
Source: MIBOR as distributed by MLS GRID #21726215Report 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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