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$140,000 -

1546 Hoefgen Street Indianapolis IN 46203

4
Bedrooms
1
Baths
N/A
SQ. Feet
(Above Ground)
0.12
Acres

Whether you're looking for your next flip or a first home where you can build massive sweat equity, this is the one. This 3-bedroom, 1-bath traditional home offers over 1,700 sq. ft. of raw potential in one of Indy's most resilient investment pockets. Rare 3-bedroom footprint at this price point. The main floor features spacious living areas and a kitchen with character-rich cabinetry and a dishwasher already in place. A full, unfinished basement provides easy access to mechanicals and significant potential for a workshop or storage. Includes a detached garage, a long private driveway for off-street parking, and a fully fenced backyard, ideal for pets or future entertaining. Commuters will love the instant access to I-65, putting Downtown Indy and the surrounding suburbs just minutes away. You're also a short bike ride from the breweries, art galleries, and nightlife of Fountain Square and the sprawling green space of Garfield Park. This property is the perfect canvas for a savvy investor or a motivated starter-home buyer ready to trade some elbow grease for a high-value asset. At this price, the equity is just waiting to be unlocked. Bring your vision and your contractor. *Roof is 8 years old, water heater 1 year old, hvac 10 years old.

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Property Details

Price: $140,000 Previously: $140,000 Originally: $140,000 Bedrooms: 4 Bathrooms: 1.00 MLS #: 22089047 Year Built: 1920 Township: Center Sq. Ft Total: 1,778 Type: Residential Zip Code: 46203 City: Indianapolis Subdivision: Downeys Southeast County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: Dryer, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas

Exterior Features

Exterior Features:
  • Setting / Lot Description: Sidewalks, Storm Sewer, Street Lights
  • Porch: Covered, Porch
  • # Acres: 0.12

Listing Office: Keller Williams Indy Metro S

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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. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on March 20th, 2026 at 3:00pm EDT.

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