832 E Beecher Street, Indianapolis, IN 46203

$99,900
3
BD
2
BA
1,622
SqFt

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List Price
$99,900
MLS#
22122192
Property Type
Residential
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,622
Year Built
1910
Days on Market
7
Status
ACTIVE

Property Description

Rare double-lot flip/development opportunity in one of the near south side's most actively renovated historic pockets. This 3-bedroom, 1-bath (with plumbing already installed for a second full bath - potential for 2 full baths total), 1,622-square-foot home sits on 7,318 square feet across two parcels - roughly double the width of surrounding lots - with a solid foundation and the heavy, unglamorous work already done. What's already completed: a new roof, new upsized water and sewer lines, a functional furnace, and drainage that's nearly complete. The home has been gutted to the studs and insulation, reframed for an open first-floor layout. Fully custom, stamped architectural plans for a carriage house/ADU are available by request. Since the sewer and water lines are already upsized and ready for ADU tie-in, no new taps are needed - an estimated $15K-$20K savings off the build. Estimated $110K-$150K to finish out. After Repair Value: $275K-$375K, depending on the route the investor takes. Located in the Bates-Hendricks Historic District, walkable to Fountain Square and just minutes from downtown Indianapolis. Cash or hard money only.

Additional Information

Basement
Cellar
Foundation
Cellar
Stories
One and One Half
Architecture
Traditional
Equipment
Smoke Alarm, Satellite Dish
Interior
Paddle Fan
Exterior Amenities
Storage Shed
Acres
0.17
Heat
Forced Air, Natural Gas
Cooling
None
Appliances
None, Gas Water Heater
Semi-Annual Taxes
$2,201
Garage
Yes
Garage Parking
Guest Street Parking
Region
Center
Areas
Living Room Formal
Eating Areas
Dining Combo/Family Room

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Calculator source: Real Geeks

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