$185,000
Beds
2
Baths
1
Square Ft.
2,448
Description
Opportunity Awaits at 551 E 40th Street! Located in the desirable Midtown area, close to the Indiana State Fairgrounds, this charming property offers a fantastic investment or renovation opportunity. Featuring classic architectural details and tons of potential, this home is being sold AS-IS - allowing you to bring your vision to life. With its spacious layout, original character, and prime location near downtown, restaurants, parks, and shopping, it's perfect for investors, flippers, or buyers looking to customize their next home. Room sizes have been measured for marketing purposes but are not guaranteed. Buyers are encouraged to verify all measurements… Read More and square footage independently prior to making an offer. Don't miss your chance to create something special in one of Indianapolis' vibrant and growing neighborhoods! Read Less
Courtesy of Fathom Realty.
Days Online
37
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
2,448
Lot Size
0.09 Acres
Year Built
1915
MLS Number
MBR22035501
Appliances & Equipment
Description: "Other", "Refrigerator"
Basement
Description: "Unfinished"
Building
Area: 1224, Architecture: "TraditonalAmerican", Building Area: 2448, Construction Materials: "Brick", "Wood", Levels: "One", Year Built: 1915
Exterior Features
Patio Features: "Covered Porch", "Porch Open"
Fireplaces
Total Fireplaces: 1
Heating
Heating: "Forced Air", "Natural Gas"
Laundry
Description: "In Basement"
Lot
Features: "Corner Lot", "Not In Subdivision", "Sidewalks", Acres: 0.09, MLS Acres: <1/4 Acre
Utilities
Water Source: "Municipal/City"
Area snapshot
30 Days Snapshot Of 46205
$377k
(avg) sold price
-1%
46
homes sold
+9%
58
(avg) days on market
-25%
Nearby Schools
*Please check the school district website to see all schools in this area
St Joan of Arc/Diocese
Private
PK-8
Louis B Russell Jr School 48
Public
KG-6
Apogee School for the Gifted
Private
KG-9
Center For Inquiry School 70
Public
KG-8
Shortridge High School
Public
9-12
The Independence Academy
Private
5-12
Indiana School for the Deaf
Public
PK-12
James W. Riley Elementary School 43
Public
PK-8
St Richard's Episcopal School
Private
PK-8
Kipp Indy Unite Elementary School
Public
KG-5
Believe Circle City High School
Public
9-10
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.
Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.

Alex Montagano
CEO/LockStep Realty Owner

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