Description

Property is in a great area with a lot of redevelopment happening and would be a great long term investment. Complete renovation or demolish and rebuild needed for this project. Home can only be purchased with an approved project agreement created by the new owner and approved by Intend Indiana (formerly Renew Indianapolis) as the property was a city land bank property. Once renovation is complete all deed restrictions will be removed from the property to either resell the property if desired or keep the property for a great long term investment. Property is in very poor condition and only inside the front door can be viewed because of failing flooring. Caution tape is placed in this area. Do not walk past this area because of safety concerns. Please view the attachments for a sample of the needed transfer form to be completed with an accepted offer as well as a template for the project agreement. Also attached is the current owners project agreement that was created in 2022. Sale price to be list price as Intend Indiana does not allow for a higher sale price until renovations are completed. Rooms and sizes are approximate and based off of assessor information as the condition of the property prohibited measuring accurately.