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$399,900
SIGNIFICANT PRICE REDUCTION - NOW OFFERED AT $399,900. Seller has aggressively repositioned this asset for an immediate sale and will review all serious offers. Preference will be given to as-is purchase offers with minimal contingencies. Rare redevelopment opportunity in the highly desirable Bates-Hendricks neighborhood less than one mile from Eli Lilly's corporate campus and the Fountain Square district. Situated on approximately 0.60 acres with 173 feet of frontage along East Street, the property includes approximately 9,200 square feet across four interconnected structures with four garage bays and dedicated on-site parking. Currently zoned C-1, the property presents exceptional redevelopment potential for residential, mixed-use, office, or adaptive reuse projects, subject to applicable approvals. Given its location, surrounding neighborhood investment, and proximity to downtown employment centers, the site is well positioned for future residential redevelopment, including townhomes, condominiums, or other missing-middle housing concepts, subject to zoning and municipal approvals. Opportunities to acquire a site of this size and visibility in this location at this price point are increasingly uncommon.

1505 S East Street, Indianapolis

Listing courtesy of Berkshire Hathaway Home.

$392,000
3 Beds 3 Baths
Jump at this Rare Opportunity to own TOTALLY CUSTOM home in heart of the vibrant Twin Aire Neighborhood NOW! EVERYTHING IS BRAND NEW! Greeted by Stunning upgrades: Sophisticated Covered Porch, Elegant Flooring & Siding, Jeldwin Windows, Expansive yard with Complete Privacy Fence, 2-Car garage + addl parking & massive Deck. Vaulted ceilings & Open Concept tailored for ALL! Top of the Line Gourmet Kitchen: Sleek Soft Close cabs, Premium SS Apps, Quartz Island, Subway Tile backsplash, Chic High End Fixtures, & Main Lvl Master. Comfort Height Vanities + Custom Tile Shower w/Exquisite Niche. Ideal for WFH & E-learning. Seamless flow between the living spaces, perfect for both entertaining and everyday living. This area has upcoming $500M+ Community Justice Campus, Village Center, Streets & Restaurants, while being only minutes from Downtown Indy, Irvington and Fountain Square. This meticulously remodeled home offers a perfect blend of modern luxury and classic charm, providing an unparalleled living experience. Every inch has been carefully selected to create an inviting atmosphere. Situated in a thriving community known for its convenience and proximity to amenities, this property promises a lifestyle of comfort and convenience.

406 S Dearborn Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

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