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3528 Lambert Street
$118,750
2 Beds ⋅ 1 Baths ⋅ 46241 Zip Code
Investor-ready Indy downtown bungalow with good bones and a clear path to equity. Hardwood floors run throughout, the kitchen has already been partially updated, and big-ticket mechanicals are done - furnace (2019) and water heater (2018) are both newer. The full basement includes a finished office and a bonus room already framed in, giving you a head start on additional living space. The bathroom needs renovation and the home overall needs some TLC, but with the heavy lifting already started, it's ready for a homeowner or investor to add the finishing touches. Outside you'll find a detached garage, storage shed, and good sized chain-link fenced yard. Conveniently located near I-70 with easy access to downtown Indianapolis - a great opportunity in a central location. OWNER OCCUPANTS AND INVESTORS - ALL are welcome! This is an REO Sale and CASH Proof of funds required to submit or a FULLY vetted and LO signed approval letter for financed offers where income, assets, employment and credit have been verified - earnest deposit of $5000 to be deposited through ACH transfer or WIRE within 48hrs of acceptance. ALL utilities are on and was occupied 1st week of August. No offers will be considered until 7 Days on market in the MLS and buyers must allow 2 business days for any offer response. Multiple offers notices may or may not be sent and offers will be submitted as received. Any offers without proof of cash funds under the name of the purchaser will not be eligible for consideration and seller will not consider hard money loans. Seller will provide full clear title and closing locally through State Street Title. Ask an agent for additional details.

3528 Lambert Street

Listing courtesy of Zachary Canull. Canull Group LLC

2045 S L Street
$117,500
3 Beds ⋅ 1 Baths ⋅ 47374 Zip Code
Updated 3 bedroom, 1 bathroom single-story home, move-in-ready in a convenient location of Richmond, Indiana. This comfortable property offers practical features and inviting outdoor space, making it a great choice for homeowners looking for easy single-level living. The home features vinyl siding, a metal roof, central air conditioning, and gas furnace for year-round comfort. Enjoy the convenience of city utilities and off-street parking with your own private driveway. Outside, you'll find a spacious backyard with mature trees and a concrete patio, providing a great setting for relaxing, entertaining, gardening, or enjoying the outdoors. With its convenient location, comfortable layout, and desirable updates, this Richmond home is ready for its next owner.

2045 S L Street

Listing courtesy of Jon Kindred. Real Broker, LLC

1124 N Sheffield Avenue
$115,000
2 Beds ⋅ 1 Baths ⋅ 46222 Zip Code
Discover a charming piece of Indianapolis history at 1124 N Sheffield AVE, Location, Location, Location!!!!! Nice Bungalow just minutes from Downtown Indy; local Hospitals/ Veterans; White River activities; College Campus; Speedway; Zoo; Baseball park I65/ I70 State Rd 52 and State Rd 36/136. Across from popular Allegiant Preparatory Academy! Single-family residence built in 1920. This 1,040-square-foot home offers a unique opportunity to embrace a timeless lifestyle. Enclosed porch feature great for morning coffee or afternoon tea time. With two comfortable bedrooms and original hardwood floors, this home provides versatile living arrangements. The single full bathroom is thoughtfully designed for everyday convenience. This single-story residence sits on a generous 5532-square-foot lot, offering ample outdoor space for your personal vision. Embrace the opportunity to create your ideal living experience in this distinctive property; schedule your private viewing today. Windows and Siding installed within the last 4-5 years Property sold as-is; Please attach As-Is Addendum with all offers!

1124 N Sheffield Avenue

Listing courtesy of Delores Kennedy. B & K Realty, Inc

1421 King Avenue
$112,500
3 Beds ⋅ 1 Baths ⋅ 46222 Zip Code
Excellent investment opportunity near Speedway! This rental is a three bedroom single family home with long term tenant in place, currently month to month and wants to renew. Rent is $1,175 per month. Additional 6 properties available from same seller/agent, varying conditions. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Property is sold as-is. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Seller Addendum is required and must be delivered along with Purchase Offer, disclosures, and proof of funds/pre-approval. See MLS docs. Minimum 24 hour notice for showing requests as tenant must be notified. Management office is open Mon-Fri 9am-4pm.

1421 King Avenue

Listing courtesy of Samuel Barron. Barron Property Services

1051 N Holmes Avenue
$109,900
4 Beds ⋅ 1 Baths ⋅ 46222 Zip Code
Excellent investment opportunity on Indy's Westside! Last rent was $985/month. Property needs some work but near parks and minutes from Speedway or Downtown! Additional 6 properties available from same seller/agent, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Utilities are inactive and the home is winterized.

1051 N Holmes Avenue

Listing courtesy of Samuel Barron. Barron Property Services

1108 N Warman Avenue
$99,900
2 Beds ⋅ 1 Baths ⋅ 46222 Zip Code
Opportunity knocks at 1108 N Warman Ave! This home is being sold as-is, offering the perfect chance for an investor, rehabber, or buyer looking to build equity with some vision and elbow grease. The property features solid structure and great bones, making it an ideal candidate for a thoughtful refresh. Inside, the home is ready for a full cosmetic update-bring your ideas and transform the space into something truly special. With the right improvements, this property has strong potential for value-add upside whether as a flip or long-term hold. Conveniently located with easy access to downtown Indianapolis, schools, and major routes, this is a great opportunity to invest in an area with continued growth and development. Don't miss the chance to unlock the potential in this hidden gem!

1108 N Warman Avenue

Listing courtesy of Alysea Ragland. F.C. Tucker Company

4825 Melrose Avenue
$97,997
46241 Zip Code
CALLING ALL INVESTORS! Here is a Great Opportunity for a double lot in Drexel Gardens! This double lot provides ample opportunity for someone looking to build not just one but two possible homes. This lot can be kept as one large corner lot OR split into two if someone so desires! The split would provide two .11/acre lots that are easily buildable and a chance to maximize your return on investment! The corner lot with the garage had a house on it at one time and is connected to city utilities so it's ready to go and has a brand new garage door on it as well. Purchase will come with TWO sets of build plans for you to use if you wish. Why pay for new plans when these are at your disposal!? Located near all the major highways (I65, I69, I70, I74 & I465) this location is PRIME!! It's only 10-15 Minutes from: The Indianapolis International Airport, The Indianapolis Motor Speedway, Lucas Oil Stadium, Gainbridge Fieldhouse, Downtown Indy's Circle Center, Eagle Creek Reservoir and more! Once the house(s) are built, there could be year round short term rental revenue for events such as The Indianapolis 500, Brickyard 400, All Colts Games, All Pacer games, GenCon, Boat Sport & Travel shows, etc...Indy has conventions all year long and is known to be a great Host City. Why not build close to all the action?! Set up your showing today and let's make a deal happen!

4825 Melrose Avenue

Listing courtesy of Eric J Johnson. F.C. Tucker Company

1907 Sharon Avenue
$95,000
2 Beds ⋅ 1 Baths ⋅ 46222 Zip Code
You will love this affordable, move-in-ready 2 bed, 1 bath home in Indy with a full basement! At first glance you will love the fenced in front yard leading to your freshly painted covered front porch. Once inside you'll notice the fresh paint and all new LVP and vinyl flooring throughout the home. The large living room flows effortlessly into the cozy eat-in kitchen. Just down the hall you'll find your two bedrooms on either side of your bathroom with a clean tub/shower combo. Downstairs you'll find a spacious basement for all your storage, entertaining or flex space needs. Outside you'll love the large fenced yard with mature trees, alley access and concrete parking pad off the alley. Located just moments away from Downtown Indy and the interstate for an easy commute. Come see it today!

1907 Sharon Avenue

Listing courtesy of Jordan Moody. Keller Williams Indpls Metro N

3671 Creston Drive
$94,900
3 Beds ⋅ 1 Baths ⋅ 46222 Zip Code
Opportunity awaits at 3671 Creston Drive! This Indianapolis home offers plenty of potential for a buyer ready to bring their ideas and make it their own. The home features hardwood-style flooring, a spacious living area, central air, an enclosed bonus/sunroom area, laundry space, and a fenced yard with off-street parking and storage. The covered front entry and brick accents add character, while the flexible interior layout provides room to update and personalize. The property is being sold AS-IS and is priced with its current condition in mind. Whether you're looking for an affordable home to build equity or your next renovation project, this property offers an opportunity to create something of your own. HSA Home Warranty included. Bring your vision and take a look at the possibilities at 3671 Creston Drive!

3671 Creston Drive

Listing courtesy of Brandon Warfield. Carpenter, REALTORS®

141 E Main Street
$85,000
47433 Zip Code
Located in the heart of Gosport, this versatile commercial property offers approximately 1,100 square feet in the former bank building on Main Street. Currently operating as a hair salon, the flexible layout offers potential for a variety of business uses, including retail, office, salon, boutique, or other service-based businesses. The interior features an inviting entry and seating area, spacious 18x19 main room, two additional private office spaces that could provide potential booth rental opportunities, supply room, restroom, and laundry/mechanical room. Two private parking spaces are conveniently located off the alley with access through the storage room. High-speed internet is available. Great opportunity to establish or expand your business in a small-town setting with accessibility, and character.

141 E Main Street

Listing courtesy of Samantha Carver. HOME TEAM Properties

322 S 13th Street
$79,000
3 Beds ⋅ 1 Baths ⋅ 47374 Zip Code
Spacious and well-maintained, 322 S 13th St offers excellent value with key updates and a highly desirable location. This home features a newer roof, gas heat, and upper-level electric baseboard heat, providing efficient and flexible comfort options. Inside, you'll find generously sized rooms throughout, along with ample counter space, making everyday living and entertaining easy. The layout offers functionality and space rarely found at this price point. Outside, enjoy a large yard, a detached 2-car garage, and a covered front porch-perfect for relaxing or adding curb appeal. This home is next door to Vaile Elementary School and just minutes from The Promenade, the arcade, shopping, dining, and many other local attractions, offering convenience for both daily living and recreation. Ideal for any homebuyer or investor, this property presents strong long-term potential. Seller is highly motivated, making this an excellent opportunity you don't want to miss. 24 hr notice required.

322 S 13th Street

Listing courtesy of Brian Ingle. FC Tucker Richmond

3259 Mabel Street
$75,000
46234 Zip Code
Build Your Future Home in Clermont! Welcome to 3259 Mabel Street in Indianapolis, Indiana. This 0.56-acre vacant Residential lot provides an opportunity to build your home in a peaceful Clermont neighborhood while remaining conveniently located near everyday amenities. The property features level terrain, mature trees, and natural vegetation, creating a private and inviting setting. Municipal water, sewer, and natural gas connections are confirmed available. Recently obtained a County-Recorded permanent 30-foot Access and Utility Easement provides Legal Ingress and Egress to the property. The lot is conveniently located near shopping, Avon, Downtown Indianapolis, and multiple major highways. An updated survey has been completed and is available. Bring your vision and explore the possibilities this property has to provide.

3259 Mabel Street

Listing courtesy of Steven Koleno. Beycome Brokerage Realty LLC

415 S Columbia Street
$70,000
4 Beds ⋅ 1 Baths ⋅ 47390 Zip Code
Unique opportunity in Union City! This spacious 4-bedroom home at 415 S Columbia Street sits on approximately three city lots and occupies an entire corner lot, offering an uncommon amount of space, privacy, and potential. The property features a pool, garden area, and multiple outbuildings that provide excellent storage, workshop space, hobby areas, or future improvement possibilities. The home offers generous living space and plenty of character, with room for someone to bring their vision and updates to life. While repairs and improvements are needed, the combination of the large home, oversized corner lot, pool, garden space, and additional structures creates strong upside potential for investors, renovators, or buyers looking to build equity. Enjoy the convenience of town living while still having room to spread out outdoors. Plenty of space for entertaining, gardening, recreation, pets, parking, or additional possibilities. Conveniently located near local amenities, schools, and downtown Union City.

415 S Columbia Street

Listing courtesy of Brian Ingle. FC Tucker Richmond

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.


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