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608 Lincoln St, Indianapolis, IN, 46203

4beds
1baths
2,446sqft
$170,000
$70price/sqft
$1,529/moest. monthly cost
$61,160/yrincome needed

About This Home

Massive equity play sitting in a high-demand pocket on the Fountain Square / Near Southside edge! Over 2,200+ sq ft of interior volume featuring high soaring ceilings, large room footprints, and front + alley rear access. Layout Potential: Easily frame out into a 4-5 Bed / 3 Bath layout. Attic Expansion: Huge expandable attic with great headroom-ideal canvas for a high-end Primary Suite conversion to maximize square footage value. Alley Access: Perfect setup to build a 2-3-car detached garage for maximum resale value. Property requires rehab and will not qualify for standard retail financing. Sold AS-IS. Opportunities with this much volume and location. Project is for experienced flippers or buy-and-hold investors looking for serious margin. Bring your contractor and jump on this high-upside project!

Getting Around

61
WalkingSomewhat Walkable
38
TransitSome Transit
72
BikeVery Bikeable

Schools

3/10
4/10
1/10

Construction

Condition

  • Property condition: Fixer
  • Year built: 1890

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes

Bedroom2

  • Level: Upper
  • Area: 196
  • Dimensions: 14*14

Bedroom3

  • Level: Upper
  • Area: 225
  • Dimensions: 15*15

Bedroom4

  • Level: Upper
  • Area: 182
  • Dimensions: 13*14

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Features: Other
  • Level: Main
  • Area: 182
  • Dimensions: 14*13

Features

  • High Ceilings
  • Number of fireplaces: 3
  • Fireplace features: Dining Room,Family Room
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,446
  • Total interior livable area: 2,446 sqft

Kitchen

  • Level: Main
  • Area: 256
  • Dimensions: 16*16

Living Room

  • Features: Other
  • Level: Main
  • Area: 300
  • Dimensions: 20*15

Master Bedroom

  • Features: Other
  • Level: Main
  • Area: 256
  • Dimensions: 16*16

Property

Details

  • Parcel number: 491113168023000101
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 8,712 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Heat Wave

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $859$10,308
Home Insurance *$125$1,500
Property Taxes $321$3,852
Electricity $224$2,690
Total$1,529$18,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,422/yr
40% on housing$45,870/yr
45% on housing$40,773/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$70This listing

vs Other Active Listings

Avg $/sqft

ZIP 46203$117
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46203$129
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Price change$165,000
2026-07-31Listed for sale$170,000
2026-04-06Listing removed$174,000
2026-04-06Pending sale$174,000
2026-04-01Listed for sale$174,000
2026-03-25Pending sale$174,000
2026-03-13Price change$174,000
2026-02-25Price change$175,000
2025-12-04Price change$173,000
2025-11-20Price change$175,000
2025-11-13Price change$180,000
2025-11-06Price change$185,000
2025-10-31Price change$190,000
2025-10-21Price change$195,000
2025-10-09Listed for sale$200,000
2019-12-22Listing removed$850
2019-12-04Listed for rent$850
2017-06-30Listing removed$745
2017-06-22Price change$745
2017-06-08Price change$795
2017-05-31Listed for rent$850
2014-05-13Listing removed$650
2014-05-08Listed for rent$650
2013-07-14Listing removed$550
2013-07-03Listed for rent$550
2007-07-17Sold$18,000

For Sale by Agent

AgentTatyana Nelson
BrokerageIndiana Homestore, LLC

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