1542 S Alabama Street, Indianapolis, IN 46225 (MLS # 22102598)

Price $324,900
Status Active
Beds 4
Baths 4 Baths
Home size 2,366 sqft
Lot Size 5,228 sqft
Days on Market 26
Seller Financing Available! No traditional bank approval required. Buyers must provide a down payment and proof of income. Terms, including interest rate and repayment schedule, will be determined based on the buyer's qualifications and down payment. Don't miss this excellent opportunity in the heart of the historic Bates-Hendricks neighborhood! Located in the heart of the highly sought-after Bates-Hendricks neighborhood, this beautifully appointed 2-story home offers the perfect blend of historic charm, modern comfort, and unbeatable convenience to downtown Indianapolis. Featuring over 2,300 square feet of living space, this spacious residence includes 4 bedrooms and 3 full bathrooms, plus a half-bathroom on the main level, designed for comfortable living and entertaining. The main-level primary suite provides exceptional convenience and privacy, complete with a stunning ensuite bath that creates the perfect retreat. Upstairs, you'll find two generously sized bedrooms, each offering their own private full bathroom - ideal for room mates, guests, family members, or multi-generational living. Step outside to enjoy the large private wooden rear deck overlooking the fenced backyard with a wooden privacy fence, providing a secure space for children or fur babies to play. The detached 2-car garage includes built-in shelving and a workbench for the DIYer, while the gated rear access adds both convenience and security. Enjoy one of Indianapolis' most desirable urban lifestyles with an approximately 8-minute bike ride to Eli Lilly and Company World Headquarters and only minutes from Monument Circle and all that downtown Indianapolis has to offer. Don't miss this rare opportunity to own a beautiful home in one of Indianapolis' most historic and vibrant neighborhoods!
Property Type(s): Single Family
Last Updated 6/5/2026 Tract Woodruff Sub Morris Add
Year Built 1900 Community 4910 - Marion - Center
Garage Spaces 2.0 County Marion

Price History

Prior to Jun 5, '26 $339,900
Jun 5, '26 - Today $324,900

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Electric Water Heater, Gas Oven, Microwave, Refrigerator, Washer, Water Heater
AREA 4910 - Marion - Center
BASEMENT Unfinished, Yes
CONSTRUCTION Vinyl Siding
GARAGE Yes
HEAT Natural Gas
INTERIOR Walk-in Closet(s)
LOT 5227 sq ft
PARKING Detached
STORIES 2
STYLE Craftsman
SUBDIVISION Woodruff Sub Morris Add
WATER Public

Location

 

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