2431 Central Avenue

Indianapolis, IN 46205 (MLS #22099569)
$400,000
Baths
3
Square Ft.
3,392

Description

Rare redevelopment opportunity in a prime Near Northside location at Fall Creek Place. This property offers multiple value-add strategies, including potential conversion of the existing church structure into a unique residential space or redevelopment of the site. With sufficient lot size to support a possible split since was previously 2 lots, investors may explore building two new construction homes (subject to zoning and approvals). Ideal for builders, developers, or visionaries looking to capitalize on continued growth just minutes from downtown Indianapolis. Currently houses are selling from approximately $500-800,000.
Courtesy of eXp Realty, LLC.
Days Online
1
Last Updated
Property Type
Single Family Residence
Partial Baths
3
Square Ft.
3,392
Lot Size
0.33 Acres
Year Built
1999
MLS Number
22099569
Appliances & Equipment
Description: "None"
Building
Area: 3392, Architecture: "Ranch", Building Area: 3392, Construction Materials: "Brick", Levels: "One", Year Built: 1999
Cooling
Details: "Central Air"
Garage
Other Garage Features: Common Lot
Heating
Heating: "Natural Gas"
Lot
Features: "City Lot", "Curbs", "Not In Subdivision", Acres: 0.33, MLS Acres: 1/4-1/2 Acre
Utilities
Water Source: "Public"

Area snapshot

30 Days Snapshot Of 46205
$417k
(avg) sold price
+21%
38
homes sold
+5%
75
(avg) days on market
-47%
Nearby Schools
*Please check the school district website to see all schools in this area
Center For Inquiry School 27
Public
PK-8
Crispus Attucks High School
Public
9-12
Shortridge High School
Public
9-12
Francis Bellamy Pre-School Center 102
Public
PK
Snapshot
Area Map

Mortgage Calculator

Monthly Payment
$0

The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.

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