Indianapolis Real Estate Index

Contact Red Door Real Estate

If you have any questions or need more detailed information, please feel free to contact me via phone at 317-RED-DOOR / 317-733-3667 or fill out the form to let us know how we can help with your real estate needs.

Phone: (317) 733-3667
Fax: (317) 663-0840

Refine your search...
Use the form below to narrow down your results
Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

Back to Results
$388,900 -

1542 S Alabama Street Indianapolis IN 46225

4
Bedrooms
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

Price Reduced! Motivated Seller! Wow! This completely remodeled 4-bed, 3.5-bath Bates Hendricks home perfectly blends modern updates with original charm. Step inside and be greeted by a striking open-concept living, dining, and kitchen area, ideal for entertaining. The kitchen boasts ample storage, a stunning glass tile backsplash, a spacious island, and an incredible microwave drawer. A top-of-the-line washer/dryer combo is conveniently located just off the kitchen. The main-floor primary suite offers a luxurious retreat, featuring a walk-in closet, a double vanity, and a beautifully tiled shower. Upstairs, two en-suite bedrooms provide privacy and convenience for guests or family members. The fully fenced backyard is complete with a large deck, perfect for gatherings and outdoor relaxation. The property also features private alley access to a spacious parking area and a two-car garage, setting it apart from the rest. Additional updates include a brand-new water heater, AC, and plumbing for peace of mind. Nestled on a quiet, tree-lined street with a picturesque center island that bursts into color in spring and fall, this home is one house away from the elementary school-perfect for families. Located in historic Bates Hendricks, you'll enjoy proximity to Fletcher Park, Fountain Square, and downtown Indianapolis. Easy access to I-65 and I-70 makes commuting a breeze, and major employers like Eli Lilly and IU are just minutes away. For investors, this home is a perfect turnkey rental opportunity-ideal for long-term, mid-term, or short-term rentals. Its prime location, modern updates, and move-in-ready condition make it a fantastic income-producing property. For owner-occupants, a $10,000 grant opportunity is available! Ask me for details on how to take advantage of this incredible offer. Don't miss out-schedule your showing today! The seller is highly motivated, so bring your offers and make this stunning downtown gem yours!

Follow ►
  • Subscribe to Our Blog RSS
Read More...

Property Details

Price: $388,900 Previously: $388,900 Originally: $445,000 Bedrooms: 4 Bathrooms: 3.50 MLS #: 22011748 Year Built: 1900 Township: Center Sq. Ft Total: 2,899 Type: Residential Zip Code: 46225 City: Indianapolis Subdivision: Woodruff Sub Morris Add County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Dishwasher, Microwave, Gas Oven, Refrigerator, Washer, Water Heater
  • Heating: Natural Gas

Exterior Features

Exterior Features:
  • Porch: Covered Porch, Deck Main Level
  • # Acres: 0.12

Listing Office: Bluprint Real Estate Group

Office Contact: kindra@kindrakeller.com

Similar Properties To: 1542 S Alabama Street, Indianapolis

$370,000
3 br, 2½ ba, 2,414 ft²
Morningside
MLS® #:
22026180
Provider:
Ferris Property Group
5014 Melbourne Road, Indianapolis
$369,900
4 br, 2½ ba, 2,572 ft²
Walden Trace
MLS® #:
22036665
Provider:
Homexpert, Ray Stuck & Co.
8551 Walden Trace Drive, Indianapolis
$341,900
4 br, 3 ba, 2,178 ft²
Copperwood At Wellingshire
MLS® #:
22021014
Provider:
Shalom Realty Llc
3143 Shadow Lake Drive, Indianapolis
$279,000
3 br, 1 ba, 1,536 ft²
Northholm
MLS® #:
22031118
Provider:
Keller Williams Indy Metro S
5820 Bonnie Brae Street, Indianapolis
$330,000
4 br, 2 ba, 1,771 ft²
Cardinal Grove
MLS® #:
22012761
Provider:
Drh Realty Of Indiana, Llc
6623 Sulgrove Place, Indianapolis
$311,990
3 br, 2½ ba, 1,957 ft²
Grayson
MLS® #:
22034236
Provider:
M/i Homes Of Indiana, L.p.
3832 Highcrest Road, Indianapolis
$424,995
5 br, 3 ba, 2,736 ft²
Montgomery Woods
MLS® #:
22037573
Provider:
Compass Indiana, Llc
4405 Mendocino Boulevard, Indianapolis
$375,000
3 br, 2½ ba, 2,118 ft²
No Subdivision
MLS® #:
22032975
Provider:
Real Broker, Llc
1818 Orleans Street, Indianapolis

View all similar properties here

All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on May 13th, 2025 at 2:10pm EDT.

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends
Interested In This Property?