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Eric Lewis

eric@northindyliving.com +1(317) 900-1256

Listed by Gretchen Szostak • DNA Properties, LLC

$ 199,900

Est. payment -/mo

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1420 E Edwards AVE Indianapolis, IN 46227

4 Beds

3 Baths

3,396 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,396 sqft

Price per Sqft $58

Subdivision Elders University Heights

MLS Listing ID 22113220

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1905

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Single Family Residence

Property Description

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.

Location

State IN

County Marion

Rooms

Basement Daylight, Full, Unfinished

Main Level Bedrooms 1

Interior

Interior Features High Ceilings, Entrance Foyer, Hi-Speed Internet Availbl

Heating None

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Living Room, Masonry

Equipment Sump Pump

Fireplace Y

Appliance None

Exterior

Exterior Feature Barn Mini, Fire Pit, Smart Lock(s)

Garage Spaces 2.0

Water Access Desc Public

Building

Story Two

Foundation Block, Brick/Mortar, Full

Water Public

Architectural Style Traditional

Structure Type Wood Siding

New Construction false

Schools

School District Perry Township Schools

Eric Lewis

Realtor/Broker

+1(317) 900-1256

Eric Lewis

1420 E Edwards AVE Indianapolis, IN 46227

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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1420 E Edwards AVE