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315 W 43rd St, Indianapolis, IN, 46208

3beds
1baths
2,160sqft
$257,900
$119price/sqft
$2,140/moest. monthly cost
$85,600/yrincome needed

About This Home

Welcome to this delightful Cape Cod-style home just minutes from Butler University and the charming Butler-Tarkington area. This home checks so many boxes; An ideal primary home, a proven short-term rental opportunity in a high-demand location or a long-term rental investment. Step inside to find beautiful original hardwood floors throughout the main level and a warm, inviting layout perfect for everyday living and entertaining. The updated kitchen features an eat-in nook-perfect for casual meals and morning coffee. The main level offers two bedrooms and a full bath, while upstairs you'll find a generously sized primary bedroom retreat with flexible space that works beautifully as a sitting area, reading nook, or home office. Downstairs, the partially finished basement adds valuable space-ideal for a movie room, game room, or guest hangout-plus storage and daylight windows for a brighter feel. Outside, enjoy convenient parking with a carport and an easy-to-love location close to dining, shops, campus, and all things Indy. For investors, this property has been operating as a successful short-term rental with strong performance and positive cash flow (details available upon request). Whether you're looking for a place to call home or a property that can generate income from day one, this one is a must-see-schedule your showing today!

Getting Around

50
WalkingCar-Dependent
28
TransitSome Transit
57
BikeBikeable

Schools

3/10
2/10
Shortridge High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1943

Materials

  • Foundation: Block
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Disposal,MicroHood,Electric Oven,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished

Bedroom2

  • Level: Main
  • Area: 120
  • Dimensions: 12 x 10

Bedroom3

  • Level: Main
  • Area: 144
  • Dimensions: 12 x 12

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Breakfast Bar,Hardwood Floors,High Speed Internet,Eat-in Kitchen,Wired for Data,Smart Thermostat
  • Flooring: Hardwood
  • Finished area below ground: 720

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,160
  • Total interior livable area: 2,160 sqft

Kitchen

  • Level: Main
  • Area: 88
  • Dimensions: 11x 8

Laundry

  • Features: Other
  • Level: Basement
  • Area: 100
  • Dimensions: 10x10

Living Room

  • Level: Main
  • Area: 216
  • Dimensions: 18x 12

Master Bedroom

  • Level: Upper
  • Area: 176
  • Dimensions: 16 x 11

Play Room

  • Level: Basement
  • Area: 336
  • Dimensions: 12x28

Property

Details

  • Parcel number: 490614103015000801
  • Other equipment: Radon System
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered
  • Exterior features: Fire Pit
  • Fencing: Fenced,Full

Lot

  • Lot size: 6,098 sqft
  • Features: Sidewalks,Storm Sewer,Street Lights,Mature Trees

Parking

  • Parking features: Carport,Concrete
  • Carport: Yes