Formal diningSpacious front porchExpansive foyerSeparate living quarters
Crafted by Mad River Homes, one of Indianapolis' respected renovation and building specialists, this north-side Downtown property blends quality, flexibility, and investment potential in a highly desirable location. Walk through the spacious front porch to arrive into the expansive foyer; where the whole home invites you in. The upstairs hosts the bedrooms and laundry, while the main level serves a perfect home for entertainment, formal dining, and preparing meals. Designed for versatility, this home features a layout that allows the upstairs and basement to be fully separated, creating an opportunity for an ADU or in-law suite. This configuration is ideal for a house-hack strategy, multi-generational living, or generating income from two distinct spaces. As an Airbnb, the upper unit could produce up to $3,500 per month and the lower unit up to $2,000. As a long-term rental, projected rents are approximately $2,000 upstairs and $1,000 downstairs. Mad River Homes also offers customization options tailored to your needs, including adding a garage. Perfect for entertaining, income generation, or providing separate living quarters; this property also qualifies for grant programs offering 0% down, no PMI, and a $5,000 credit toward closing costs. Just minutes from Butler University, Broad Ripple, Mass Ave, the Indianapolis Children's Museum, Eskenazi Hospital, Methodist Hospital, and IU Indianapolis, it offers immediate access to major educational, medical, and cultural anchors. Book your showing today and we look forward to calling this home yours!
20 days
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344
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35
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Zillow last checked:
Listing updated:
Listed by:
Alexander Moore317-442-5514,
FULL CANOPY REAL ESTATE, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22110740
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Main level bathrooms: 1
Primary bedroom
Level: Upper
Area: 240 Square Feet
Dimensions: 15x16
Bedroom 2
Level: Upper
Area: 169 Square Feet
Dimensions: 13x13
Bedroom 3
Level: Upper
Area: 180 Square Feet
Dimensions: 15x12
Bedroom 4
Level: Basement
Area: 180 Square Feet
Dimensions: 15x12
Dining room
Level: Main
Area: 270 Square Feet
Dimensions: 15x18
Foyer
Level: Main
Area: 240 Square Feet
Dimensions: 15x16
Great room
Level: Basement
Area: 448 Square Feet
Dimensions: 14x32
Kitchen
Level: Main
Area: 168 Square Feet
Dimensions: 12x14
Living room
Level: Main
Area: 208 Square Feet
Dimensions: 13x16
Living room
Level: Basement
Area: 260 Square Feet
Dimensions: 13x20
Heating
Natural Gas
Cooling
Central Air
Appliances
Included: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator
Features
Attic Access, Breakfast Bar, Kitchen Island, Entrance Foyer
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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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