Investment Opportunity in Bates-Hendricks Rare chance to complete a fully permitted project in one of Indianapolis' most desirable neighborhoods. This property includes approved plans and permits for a 3 bedroom, 3.5 bathroom home with a 2-car garage and a 2-bedroom carriage house above. The garage structure is already built, with water, sewer, and electric lines run to it-ready for finishing. The home's foundation is complete, with water and sewer already connected, offering a strong head start on construction. Located in the sought-after Bates-Hendricks neighborhood, this project presents the perfect opportunity for an investor, builder, or homeowner to step in and bring a high-demand property to completion. Once finished, the property will feature a spacious main residence plus a private carriage house-ideal for rental income, guest quarters, or multi-generational living. Bring your vision and capitalize on the hard work that's already been done
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Zillow last checked:
Listing updated:
Listed by:
Sarah Fishburn317-989-5613,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22062722
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 1
Primary bedroom
Features: Other
Level: Upper
Area: 156 Square Feet
Dimensions: 12x13
Bedroom 2
Features: Other
Level: Upper
Area: 180 Square Feet
Dimensions: 12x15
Bedroom 3
Features: Other
Level: Main
Area: 180 Square Feet
Dimensions: 12x15
Breakfast room
Features: Other
Level: Main
Area: 90 Square Feet
Dimensions: 9x10
Family room
Features: Other
Level: Upper
Area: 180 Square Feet
Dimensions: 12x15
Kitchen
Features: Other
Level: Main
Area: 100 Square Feet
Dimensions: 10X10
Living room
Features: Other
Level: Main
Area: 100 Square Feet
Dimensions: 10X10
Heating
None
Cooling
None
Appliances
Included: None
Features
Has basement: No
Interior area
Total structure area: 2,520
Total interior livable area: 2,520 sqft
Property
Parking
Total spaces: 2
Parking features: Detached
Garage spaces: 2
Features
Levels: Two
Stories: 2
Exterior features: Planned Not Completed
Lot
Size: 5,227 Square Feet
Details
Additional structures: Guest House
Parcel number: 491113208581000101
Special conditions: As Is,Fixer Upper
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential, Single Family Residence
Materials
Other
Foundation: Block
Condition
Under Construction
New construction: No
Year built: 1910
Utilities & green energy
Water: Public
Community & HOA
Community
Subdivision: Ds Beatys
HOA
Has HOA: No
Location
Region: Indianapolis
Financial & listing details
Price per square foot: $85/sqft
Tax assessed value: $75,600
Annual tax amount: $1,840
Date on market: 9/15/2025
Cumulative days on market: 304 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
4/17/2026
Pending sale
$215,000$85/sqft
Source: MIBOR as distributed by MLS GRID #22062722Report a problem
12/3/2025
Price change
$215,000-4.4%$85/sqft
Source: MIBOR as distributed by MLS GRID #22062722Report a problem
10/23/2025
Price change
$225,000-2.2%$89/sqft
Source: MIBOR as distributed by MLS GRID #22062722Report a problem
9/15/2025
Listed for sale
$230,000+31.4%$91/sqft
Source: MIBOR as distributed by MLS GRID #22062722Report a problem
6/10/2023
Listing removed
--
Source: MIBOR as distributed by MLS GRID #21920612Report a problem
5/11/2023
Listed for sale
$175,000+16.7%$69/sqft
Source: MIBOR as distributed by MLS GRID #21920612Report a problem
1/28/2023
Listing removed
--
Source: MIBOR as distributed by MLS GRID #21873208Report a problem
7/26/2022
Listed for sale
$150,000+158.6%$60/sqft
Source: MIBOR as distributed by MLS GRID #21873208Report 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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