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2431 Central Ave, Indianapolis, IN, 46205

0beds
3baths
3,392sqft
$400,000
$118price/sqft
$2,896/moest. monthly cost
$115,840/yrincome needed

About This Home

Rare redevelopment opportunity in a prime Near Northside location at Fall Creek Place. This property offers multiple value-add strategies, including potential conversion of the existing church structure into a unique residential space or redevelopment of the site. With sufficient lot size to support a possible split since was previously 2 lots, investors may explore building two new construction homes (subject to zoning and approvals). Ideal for builders, developers, or visionaries looking to capitalize on continued growth just minutes from downtown Indianapolis. Currently houses are selling from approximately $500-800,000.

Getting Around

80
WalkingVery Walkable
49
TransitSome Transit
75
BikeVery Bikeable

Schools

3/10
2/10
Shortridge High SchoolGrades 9-121.2 mi
4/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1999

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: None

Bedrooms & Bathrooms

  • Bathrooms: 3
  • 1/2 bathrooms: 3
  • Main level bathrooms: 3

Family Room

  • Level: Main
  • Area: 2937.0833
  • Dimensions: 47.5' x 61'10"

Features

  • Cathedral Ceiling(s)

Heating & Cooling

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

Interior Area

  • Total structure area: 3,392
  • Total interior livable area: 3,392 sqft

Property

Accessibility

  • Accessibility features: Hallway - 36 Inch Wide,Accessible Doors,Accessible Entrance

Details

  • Parcel number: 490625127025000101
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.33 Acres
  • Features: City Lot,Curbs,Not In Subdivision

Parking

  • Parking features: Valet,Other