- Minutes from Ivy Tech College
- 2nd floor can be converted into a separate studio
- Roof 5 yo
- High Demand Rental Area
Single-family home for a fix & flip or buy-and-hold, located right by Ivy Tech College. Can be easily rented for $1,500/month once stabilized. The roof is only 5 years old, has a closed-in porch, and has a second floor that offers a bonus kitchen and an additional bathroom, presenting an excellent opportunity to convert into a separate studio or value-add living space. The home will require a full rehab to be rent-ready and includes an unfinished basement for added storage or future use. Located near the 38th Street corridor with easy access to downtown, Butler University, and public transit – an area seeing steady rental demand and long-term appreciation.
Disclaimer: All properties are sold As-Is. Minimum of $3,000 non-refundable EMD is required along with a 21 day or less closing period. Opinions of values / rents / repairs are given as a courtesy. All properties subject to errors, omissions, deletions, additions. All properties sold in as-is conditions, where is with absolutely no warranty, no disclosure and no representations written or verbal. Buyer is to do their own independent inspections and due diligence. Property will not be considered under contract until signed contract and earnest money is received, with all contingencies removed. We are not acting as brokers, but as principles in this contract.