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1432 Lexington Avenue Indianapolis IN 46203
- 2
- Bedrooms
- 1½
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.09
- Acres
What we have here is an EXCELLENT opportunity for someone with vision (and cash) to reinvent a gem in the heart of Fountain Square! Located on one of the most lovely streets in the neighborhood, this turn-of-the-century gal is ready for her transformation. She's been a rental for a long, long time; and no one has ever really considered the potential she has to become a spacious, modern beauty. With some floor plan alterations, she can be a magnificent 3BR/2.1BA home with a primary suite on the main floor and a gracious open floor plan for entertaining and daily living. Her detached garage & workshop frames the backyard ripe for a courtyard patio (think string lights & potted plants & a grill simmering nearby on a lovely summer evening), and the two enclosed porches at front & rear offer opportunities for incremental living spaces, such as an office, library, breakfast room or whatever you need. Bring your vision & your hardhat, and let's see what you can do to unearth the potential that will make her shine. An anticipated resale value between $325,000-350,000!
Property Details
Interior Features
- Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
- Cooling: None, Central Air
- Heating: Forced Air, Natural Gas
Exterior Features
- Setting / Lot Description: City Lot, Curbs, Sidewalks, Storm Sewer, Street Lights
- Porch: Covered
- # Acres: 0.09
Listing Office: Carpenter, Realtors®
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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 21st, 2026 at 8:13am EDT.
