2431 Central Avenue, Indianapolis, IN 46205

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
2431 Central Avenue,Indianapolis, IN 46205
$400,000
  • - Beds
  • 3 Baths
  • 3,392 sq. ft.
  • Single family
  • Active
Listed by: archie nevins, elizabeth ramirez
Office: exp realty, llc.
MLS#:22099569
Source:IN_MIBOR

Price summary

  • Price:$400,000
  • Price per sq. ft.:$117.92

About this home

Rare redevelopment opportunity in a prime Near Northside location at Fall Creek Place. This property offers multiple value-add strategies, including potential conversion of the existing church structure into a unique residential space or redevelopment of the site. With sufficient lot size to support a possible split since was previously 2 lots, investors may explore building two new construction homes (subject to zoning and approvals). Ideal for builders, developers, or visionaries looking to capitalize on continued growth just minutes from downtown Indianapolis. Currently houses are selling from approximately $500-800,000.

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Home facts

  • Year built:1999
  • Listing ID #:22099569
  • Added:1 day(s) ago
  • Updated:May 03, 2026 at 04:41 PM

Rooms and interior

  • Total bathrooms:3
  • Half bathrooms:3
  • Living area:3,392 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1999
  • Building area:3,392 sq. ft.
  • Lot area:0.33 Acres
  • Lot Features:Curbs, Not In Subdivision
  • Architectural Style:Ranch
  • Construction Materials:Brick
  • Foundation Description:Slab

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$400,000
  • Price per sq. ft.:$117.92

Parking

  • Parking description:Common Lot
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