Description
Investment opportunity! This 2 bedroom home, located just minutes from Community East, the interstate and downtown, would make a great addition to someone’s portfolio (rent has been going for around $1000 in the area depending). Or this would also be the perfect opportunity for someone to make it their own in a small community, at an affordable price point & opportunity to improve value. Needs some TLC to spruce it up, fence needs some repair & the bathroom plumbing currently isn’t draining properly. But the hardwood floors add charm, the screened patio makes an excellent spot to enjoy the evenings or morning coffee. Plenty of storage in the unfinished basement and the detached 20×24 ft “garage” (more of a storage barn with the current roof structure being flat and 16 foot doors that open up vs a garage door that goes up. The Furnace is newer and the home already has duct work if someone wanted to add central air. So much opportunity!
Address
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Address: 2029 N Colorado Avenue
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46218
Details
Updated on August 15, 2025 at 2:22 pm-
Property ID 22048289
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Price $85,000
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Property Size 1456 Sqft
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Land Area 0.13 Acres
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Bedrooms 2
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Rooms 5
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Bathroom 1
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Garages 2
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Garage Size x x
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Year Built 1950
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Property Type Single Family Residence, Residential
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Property Status Closed
Additional details
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Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
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Cooling Window Unit(s)
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Heating Natural Gas
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County Marion
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Property Type Residential
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Parking Detached
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Architectural Style Bungalow,Ranch
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees