3178 N Pennsylvania Street, IN 46205

Property Description

INVESTOR'S DREAM - Million Dollar flip opportunity in Meridian Park PLUS $10,000 SELLER CREDIT toward Buyer's allowable closing costs, rate buydown and/or improvements. Seller, a professional contractor, will also include a complimentary remodeling consultation. Formerly known as the Solomon House, this distinguished 1916 Georgian Revival brick home offers the chance to restore one of Indianapolis' architectural treasures. Located in Historic Meridian Park, this stately home is rich in history, character, and timeless craftsmanship. Original features include hardwood floors, multi-pane windows, crystal doorknobs, French doors, crown molding, gas fireplaces, and an impressive arched entrance and large foyer to welcome guests. The spacious floor plan includes a finished third-floor in-law suite with a full bath, a large bsmt with 9-foot ceilings for added living space potential, updated baths, a charming three-season room, built-in bookcases, and generous living and entertaining spaces. With outstanding bones and endless potential, this home is ready for thoughtful updates to restore its original grandeur while incorporating today's modern luxuries. The seller, a local contractor, is available to complete renovations tailored to the buyer's vision following closing (w/separate agreement). Select listing photos are virtual renderings illustrating the home's incredible potential. Comparable restored historic homes in the area have sold for well over $1 million. May qualify for State Historic Rehabilitation Tax Credit.