1546 Hoefgen Street, Indianapolis, IN 46203 (MLS # 22089047)

Price $140,000
Status Active
Beds 4
Baths 1 Bath
Home size 1,276 sqft
Lot Size 5,228 sqft
Days on Market 4
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.
Property Type(s): Single Family
Last Updated 3/16/2026 Tract Downeys Southeast
Year Built 1920 Community 4910 - Marion - Center
Garage Spaces 2.0 County Marion

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dryer, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Washer
AREA 4910 - Marion - Center
BASEMENT Yes
CONSTRUCTION Vinyl Siding
GARAGE Yes
HEAT Forced Air, Natural Gas
INTERIOR Built-in Features, Eat-in Kitchen
LOT 5227 sq ft
PARKING Detached
STORIES 2
STYLE Bungalow
SUBDIVISION Downeys Southeast
UTILITIES Cable Available, Natural Gas Connected
WATER Public

Location

 

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