3306 Stamm Ave, Indianapolis, IN, 46240

About This Home

This is the kind of opportunity buyers wait for in Washington Township. Situated on a beautiful low-traffic street lined with mature trees and well-kept ranch homes, this full brick ranch is being offered for the first time in decades and is ready for its next chapter. Sitting on a large corner lot just under half an acre, the home offers over 1,500 square feet, 3 bedrooms, 2 full baths, a two-car attached garage, and immediate possession. Inside, you'll find original hardwood floors in the living room and all three bedrooms, a large eat-in kitchen, spacious laundry/mudroom with access from both the garage and kitchen, and a two-sided wood-burning brick fireplace serving both the living and family rooms. The primary bath has already been gutted and the home will require cosmetic updating throughout, but the layout, setting, and overall potential are undeniable. Whether restoring its mid-century charm or creating a more open modern layout, the possibilities here are extensive. Full brick ranches on lots like this in Washington Township are becoming increasingly difficult to find, especially at this price point. A comparable nearby home of similar size with only 1.5 baths sold around $360K last fall, making this an outstanding opportunity for investors, flippers, or buyers looking to build equity in a highly desirable location close to Broad Ripple. Surrounded by established homes and mature landscaping in one of the north side's most desirable ranch neighborhoods, this is the type of property buyers are constantly searching for but rarely find. Newer water heater. City water and sewer. Property is being sold as-is.