IN > Indianapolis > Mc Cartys Subdivision
Indianapolis, IN 46225,1126 Union ST
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Indianapolis, IN 46225,1126 Union ST
Indianapolis, IN 46225,1126 Union ST
Indianapolis, IN 46225,1126 Union ST
Indianapolis, IN 46225,1126 Union ST
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Charles Bell

Charles Bell

+1(765) 532-9814
Listed by Peter Stewart • Keller Williams Indpls Metro N
$ 229,900
Est. payment /mo
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1126 Union ST Indianapolis, IN 46225

4 Beds

4 Baths

2,456 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,456 sqft

Price per Sqft $93

Subdivision Mc Cartys Subdivision

MLS Listing ID 22072537

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1920

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Single Family Residence

Property Description

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 walk-in closet and full bath, along with two additional bedrooms and a shared full bath. Large covered front porch, deep lot that runs street-to-street, with gravel parking in the front and rear. No neighbors directly to the north, and revitalization is happening all around. Cash or hard money only. Sold as-is. A prime project in one of Indy's fastest developing urban districts-bring your vision and unlock big upside!

Location

State IN

County Marion

Rooms

Basement Unfinished

Main Level Bedrooms 1

Interior

Interior Features Attic Access, Walk-In Closet(s)

Heating Forced Air, Natural Gas

Cooling None

Fireplace Y

Appliance None

Exterior

Utilities Available Cable Available

View Y/N false

Building

Story Two

Foundation Block

Water Public

Architectural Style Traditional

Structure Type Brick,Cement Siding

New Construction false

Schools

School District Indianapolis Public Schools

Others

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Charles Bell

Charles Bell

Real Estate Advisor | RBRB18000586

+1(765) 532-9814

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1126 Union ST