1126 Union Street, Indianapolis, IN 46225

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1126 Union Street,Indianapolis, IN 46225
$199,900
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  • 4 Beds
  • 4 Baths
  • 2,000 sq. ft.
  • Single family
  • Pending
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22072537
Source:IN_MIBOR

Price summary

  • Price:$199,900
  • Price per sq. ft.:$81.39

About this home

1126 Union St presents an excellent investment opportunity in the rapidly revitalizing Old Southside neighborhood. Just moments from Lucas Oil Stadium and downtown Indy, this 4 bed, 3.5 bath home (2,000 sq ft + 414 sq ft unfinished daylight basement) offers strong potential as a fix & flip, long-term hold, BRRRR strategy, or high-performing STR (projected $70k+ annual revenue). The home was taken to the studs and rebuilt a few years ago, but it was recently vandalized and now needs a full cosmetic renovation. Repairs needed include paint, flooring, kitchen, baths, fixtures, WH/HVAC, and exterior cleanup. The roof and composition cement siding appear to have been replaced within the past few years, so most of the heavy lifting is interior. ARV estimated at $350k+. The floorplan is ideal for renters or guests, featuring raised ceilings, open living/dining/kitchen layout, a main-level bedroom and full bath, plus a laundry room with adjacent half bath. Upstairs offers a primary suite with...

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Home facts

  • Year built:1920
  • Subdivision & Development:Mc Cartys Subdivision
  • Listing ID #:22072537
  • Added:275 day(s) ago
  • Updated:August 12, 2026 at 06:28 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Dining Description:Formal Dining Room
  • Basement:Yes
  • Basement Description:Basement, Unfinished
  • Living area:2,000 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1920
  • Building area:2,000 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Brick, Cement Siding
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$199,900
  • Price per sq. ft.:$81.39

Features and amenities

  • Amenities:Attic Access
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