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$250,000 -

551 E 40th Street Indianapolis IN 46205

2
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.09
Acres

Opportunity Awaits at 551 E 40th Street! Located in the desirable Midtown area, close to the Indiana State Fairgrounds, this charming property offers a fantastic investment or renovation opportunity. Featuring classic architectural details and tons of potential, this home is being sold AS-IS - allowing you to bring your vision to life. With its spacious layout, original character, and prime location near downtown, restaurants, parks, and shopping, it's perfect for investors, flippers, or buyers looking to customize their next home. Room sizes have been measured for marketing purposes but are not guaranteed. Buyers are encouraged to verify all measurements and square footage independently prior to making an offer. Don't miss your chance to create something special in one of Indianapolis' vibrant and growing neighborhoods!

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Property Details

Price: $250,000 Previously: $250,000 Originally: $250,000 Bedrooms: 2 Bathrooms: 1.00 MLS #: 22035501 Year Built: 1915 Township: Washington Sq. Ft Total: 2,448 Type: Residential Zip Code: 46205 City: Indianapolis Subdivision: Ardmore County: Marion School District: Indianapolis Public Schools High School: Arsenal Technical High School Middle School: James Whitcomb Riley School 43

Interior Features

Interior Features:
  • Appliances: Other, Refrigerator
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Setting / Lot Description: Corner Lot, Not In Subdivision, Sidewalks
  • Porch: Covered Porch, Porch Open
  • # Acres: 0.09

Listing Office: Fathom Realty

Office Contact: jhamilton@hamiltonrealtygrp.com

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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 April 30th, 2025 at 6:01pm EDT.

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