304 W Hanna Avenue, Indianapolis, IN 46217

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
304 W Hanna Avenue,Indianapolis, IN 46217
$220,000
  • 3 Beds
  • 3 Baths
  • 1,616 sq. ft.
  • Single family
  • Active
Listed by: josh monteith
Office: ever real estate, llc.
MLS#:22102821
Source:IN_MIBOR

Price summary

  • Price:$220,000
  • Price per sq. ft.:$96.15

About this home

Exceptional Value-Add Opportunity. Rarely does a canvas this expansive hit the market at this price point. Situated on a sprawling 2-acre lot in Indianapolis, 304 W Hanna Ave is the kind of acquisition that separates seasoned investors from the rest - a full-renovation opportunity with multiple income streams already baked into the bones of the property. The main residence offers 3 bedrooms and 1 full bathroom, with a full unfinished basement, providing the square footage and layout flexibility to reposition as a premium rental, a high-margin flip, or a long-term hold. The converted garage has already been transformed into a self-contained apartment living area, setting the stage for immediate rental income potential once renovations are complete - a built-in ADU play that most properties simply can't offer. Beyond the main structures, three separate storage buildings round out this remarkable footprint, offering additional storage rental income, workshop space, or conversion...

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Home facts

  • Year built:1910
  • Listing ID #:22102821
  • Added:47 day(s) ago
  • Updated:July 08, 2026 at 03:47 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood Floors
  • Dining Description:Breakfast Room
  • Kitchen Description:Gas Oven, Range Hood
  • Basement:Yes
  • Basement Description:Basement, Unfinished
  • Living area:1,616 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Baseboard, Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1910
  • Building area:1,616 sq. ft.
  • Lot area:2 Acres
  • Lot Features:Mature Trees
  • Construction Materials:Vinyl Siding
  • Exterior Features:Barn Mini, Storage
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$220,000
  • Price per sq. ft.:$96.15

Features and amenities

  • Appliances:Washer
  • Laundry features:Dryer, Washer
  • Amenities:Sump Pump
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