1420 E Edwards Avenue, Indianapolis, IN 46227

$179,900

  • Open House
  • New Listing
  • Coming Soon
  • Price Reduced$10,000
  • Sold
  • Leased
  • Virtual Tour
-1 More Schedule
  • 4 BedroomBeds
  • 3 BathroomBaths
  • 3,396Sqft
  • 0Acres
  • Single FamilyType
  • ActiveStatus
  • 22113220MLS#
-1 More Schedule

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Property Description

READ AGENT REMARKS BEFORE SCHEDULING SHOWING. Indianapolis investment opportunity on a prime corner lot near the University of Indianapolis and just a short drive from downtown. Gutted to the studs and ready for its next chapter, this property comes with permit-ready plans for a 4-bedroom, 2.5-bath home featuring 9'+ ceilings, an open living room flowing into a huge kitchen and dining combo, and a private main-level primary suite with walk-in closet and en-suite bath. A half bath and laundry room round out the main level. Upstairs, three additional bedrooms - two with charming window seats and one boasting a huge walk-in closet - share a full bath, complemented by a linen closet and a skylight-lit stairwell that fills the upper level with natural light, plus a laundry chute for everyday convenience. The unfinished basement offers excellent storage or workshop space. Curb appeal is already in place with newer LP SmartSide siding, a newer roof, a striking red front door with sidelights, a covered front porch, and beautiful mature landscaping. Outside, enjoy a large detached 2-car garage, an expansive deck, and a fully fenced, privacy-fenced backyard. Situated on a .26-acre corner lot with 82' of frontage and 136' of depth, this property may also offer potential to split off a second buildable lot (subject to zoning approval) - a compelling upside for builders and investors seeking new construction or fix-and-flip potential in a high-demand area near the university. Bring your vision and your contractor; the heavy lifting of demo and design is already done.


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Property Details 1420 E Edwards Avenue, Indianapolis, IN 46227

Facts & Features

  • MLS #: 22113220
  • Status: Active
  • Type: Single Family
  • Sub Type: Single Family Residence
  • Year Built: 1905
  • Style: Traditional
  • Price: $179,900
  • Acres: 0.26
  • Area: 4907 - Marion - Perry
  • County: Marion
  • Subdivision: Elders University Heights
  • Bedrooms: 4
  • Bathrooms: 3
  • Full Baths: 2
  • Half Baths: 1
  • Total SqFt: 3,396

Amenities

  • # of Garages: 2
  • Pet Friendly: Yes

Interior

  • Interior Features: High Ceilings, Entrance Foyer, Hi-Speed Internet Availbl
  • Appliances: None
  • Heating: None
  • Cooling: Central Air
  • Basement: Yes
  • Fireplaces Total: 1

Exterior

  • Exterior Features: Barn Mini, Fire Pit, Smart Lock(s)
  • Construction: Wood Siding

Schools

  • School District: Indianapolis Public Schools

Additional Information

  • Date Listed: 07/10/2026

Tax Information

  • Tax: $3,034

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