This one is tenant occupied with eviction currently set for January 2nd. Due to eviction in progress and not being able to get not get inside the home, it is priced accordingly.
The home is a 2/1 in ever popular Fountain Square! Nothing has sold less than $67,000 in the Hubbard, Martindale & McCarty's neighborhood.
Part of your rehab could be finishing the attic to add a master bed/bath combo. Two bedrooms are selling for $220k and three bedrooms $275k-$305k range.
As an added bonus, the lot next door is owned by Indy Parks Department so you will never have a neighbor on that side. If you are looking for a solid flip at a great price in fountain square, this is it! Drive by to see the property (without disturbing tenant, please) and the street to see all the completed and ongoing rehabs!
"As is" comps
1318 Laurel St, 1/1, 900 sf - SOLD $90k
1425 Orange St, 2/1, 2284 sf - SOLD $67,900
1337 Olive St, 2/2, 1568 sf - $225k
1149 Linden St, 2/2, 1452 sf - SOLD $222k
1345 Olive St, 3/3, 1806 sf - SOLD $290k
1221 Olive St, 3/2, 1680 sf - SOLD $300k
1325 Linden St, 3/2, 2380 sf - SOLD $305k
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