262 W Ray Street, IN 46225

$475,000
9
BD
3
BA
3,552
SqFt

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Sold Price
$475,000
List Price
$529,500
Status
SOLD
Days on Market
161
Closing Date
Dec 09, 2025
MLS#
22041977
Subtype
Residential
Year Built
1919
Bedrooms
9
Bathrooms
3
Full Baths
3
Living Area
3,552
Acres
0.11
Subdivision
Fulmers Resub
MLS Area Major
Center

Property Description

Incredible Investment Opportunity! Nestled just half a block from the iconic Colts Stadium and the bustling heart of downtown, this extraordinary property provides endless options and opportunity. Steps away from a world of entertainment, dining, and cultural experiences, this home offers unparalleled access to the vibrant downtown scene, making it a coveted spot for those who thrive on the city's energy. Behind the home is Babe Denny Park, providing a personal retreat amid urban life. Enjoy leisurely strolls, picnics, or simply unwind in nature, all just a stone's throw from your doorstep. With nine generously sized bedrooms, this home is designed to accommodate large families, groups of friends, or even a thriving vacation rental business. This space ensures that everyone has room to relax and unwind. This property is currently thriving as a VRBO/Airbnb vacation home, creating an opportunity for savvy investors to tap into the booming short-term rental market in a prime location. Whether you envision it as a family home, a vacation rental, or a combination of both, this property adapts to your lifestyle and investment goals. This unique opportunity is seldom found in today's market! Don't miss this chance to own this rarity in one of the city's most coveted locations.

Additional Information

Interior Features
High Ceilings, Eat-in Kitchen
Exterior Features
Gas Grill
Taxes
$4,787
Financing
Conventional, FHA, VA
Appliances
Dishwasher, Dryer, Microwave, Electric Oven, ENERGY STAR Qualified Water Heater
Air Conditioning
Central Air
Stories
Two
Foundation
Block

Listing courtesy of Marty Zimmerman. Encore Sotheby's International

Selling Office: @properties.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.