Description

A rare condo alternative without the HOA – this efficiently designed 1-bedroom home offers private outdoor space, a detached garage, and basement storage on Indianapolis’s south side. Major mechanical systems have already been addressed, including a furnace, AC, and ductwork replaced in 2023, along with a newer water heater, water softener, and reverse osmosis filtration system added in 2024. The updated kitchen features shaker cabinets and refreshed flooring throughout the home. Outside, the fully fenced backyard includes a double-tiered deck and fire pit, creating a comfortable outdoor living space rarely found at this price point. The detached garage and unfinished basement provide storage and utility that comparable attached units simply cannot match. At 720 square feet, the layout is efficient and manageable – ideal for a first-time buyer, single professional, or investor seeking a well-maintained rental opportunity. Priced at $140,000, this property presents a realistic path to homeownership in a market where many alternatives include monthly HOA fees and shared walls.