406 S Butler Avenue, Indianapolis, IN 46219
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
406 S Butler Avenue,Indianapolis, IN 46219
$125,000
- 3 Beds
- 1 Baths
- 1,152 sq. ft.
- Single family
- Pending
Listed by: gregory hagan
Office: edge realty group, inc
MLS#:22097796
Source:IN_MIBOR
Price summary
- Price:$125,000
- Price per sq. ft.:$68.53
About this home
Investor Special Near Irvington - High Upside Opportunity! Located at 406 S Butler Avenue in Indianapolis, this 3-bedroom, 1-bath home with a 1-car detached garage and full basement offers serious potential for the right buyer. Just minutes from the highly desirable Irvington neighborhood, this property sits in an area seeing continued appreciation and revitalization. Inside, you'll find a functional layout with an open flow from the living area into the kitchen, plus original architectural charm including a classic arched doorway. The home already features updated flooring in portions of the property, providing a solid starting point for your renovation vision. The full basement offers additional value-add possibilities for storage, mechanical updates, or future finished space. This is a true value-add opportunity geared toward seasoned rehabbers or investors looking to capitalize on strong resale potential. With comparable renovated homes pushing an ARV north of $225,000, there's ample room for profit. Priced at $135,000, this property is being offered as-is and is ideal for those ready to bring their vision and expertise to unlock its full potential. Prime location + solid structure + strong ARV = opportunity you don't want to miss....
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Home facts
- Year built:1930
- Listing ID #:22097796
- Added:8 day(s) ago
- Updated:May 03, 2026 at 07:28 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Hardwood Floors
- Dining Description:Breakfast Room
- Basement:Yes
- Basement Description:Basement, Unfinished
- Living area:1,152 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1930
- Building area:1,152 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Mature Trees, Sidewalks, Storm Sewer
- Architectural Style:Bungalow
- Construction Materials:Aluminum Siding
- Foundation Description:Block
Utilities
- Water:Public Water
Finances and disclosures
- Price:$125,000
- Price per sq. ft.:$68.53
Features and amenities
- Amenities:Attic Stairway, Wood Work Painted
Parking
- Parking description:Guest Street Parking
- Garage:Yes
- Garage spaces:1
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