Description
What we have here is an EXCELLENT opportunity for someone with vision (and cash) to reinvent a gem in the heart of Fountain Square! Located on one of the most lovely streets in the neighborhood, this turn-of-the-century gal is ready for her transformation. She’s been a rental for a long, long time; and no one has ever really considered the potential she has to become a spacious, modern beauty. With some floor plan alterations, she can be a magnificent 3BR/2.1BA home with a primary suite on the main floor and a gracious open floor plan for entertaining and daily living. Her detached garage & workshop frames the backyard ripe for a courtyard patio (think string lights & potted plants & a grill simmering nearby on a lovely summer evening), and the two enclosed porches at front & rear offer opportunities for incremental living spaces, such as an office, library, breakfast room or whatever you need. Bring your vision & your hardhat, and let’s see what you can do to unearth the potential that will make her shine. An anticipated resale value between $325,000-350,000!
Address
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Address: 1432 Lexington Avenue
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46203
Details
Updated on March 20, 2026 at 7:09 pm-
Property ID 22090443
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Price $150,000
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Property Size 2478 Sqft
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Land Area 0.09 Acres
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Bedrooms 2
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Rooms 9
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Bathrooms 2
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Garage 1
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Garage Size x x
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Year Built 1900
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Property Type Single Family Residence, Residential
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Property Status Active
Additional details
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Utilities Natural Gas Connected,Sep Electric Meter,Sep Gas Meter,Sewer Connected,Water Connected
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Cooling None,Central Air
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Heating Forced Air,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 Traditional
Mortgage Calculator
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Down Payment
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Property Tax
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