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$115,000 -

512 S Cole Street Indianapolis IN 46241

3
Bedrooms
2
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

Discover the charm-and potential-of this lovely bungalow in Garden City, nestled in the heart of the westside. Spanning 1,236 square feet, this property features three generous bedrooms and two full bathrooms. The living room highlights original hardwood floors that add warmth and character, while a versatile bonus room can serve as a fourth bedroom, office, or creative studio. Whether you're seeking your next turnkey rental or a value-add flip, this property delivers opportunity. Previously a profitable rental, it's move-in ready for new tenants, offering immediate income potential. For flippers or owner-occupants, the low purchase price leaves plenty of room to build equity through thoughtful updates and cosmetic improvements. Enjoy a covered front porch perfect for relaxing, plus a convenient location close to local amenities. With strong rental demand and solid bones already in place, this home is a smart investment with multiple exit strategies-cash flow now or renovate for future gain.

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Property Details

Price: $115,000 Previously: $115,000 Originally: $115,000 Bedrooms: 3 Bathrooms: 2.00 MLS #: 22067899 Year Built: 1945 Township: Wayne Sq. Ft Total: 1,236 Type: Residential Zip Code: 46241 City: Indianapolis Subdivision: Wayne Park County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Gas Oven, Refrigerator
  • Cooling: None
  • Heating: Forced Air

Exterior Features

Exterior Features:
  • Porch: Covered
  • # Acres: 0.12

Listing Office: Highgarden Real Estate

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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 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on November 22nd, 2025 at 5:10pm EST.

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