1542 S Alabama Street, Indianapolis, IN 46225

• 4 beds |
• 4 baths |
• 2,366 sqft

Property Description

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!

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 6:17AM

Listing Office:

Keller Williams Indy Metro S : 317-965-8034

Listing Agent:

Fred McIntire : 317-965-8034

MLS ID:

22102598

Interior

• General: Walk-In Closet(s)
• Appliances: DishwasherElectric Water HeaterDisposalMicrowaveGas OvenRefrigeratorWasherWater Heater
• Laundry: In UnitLaundry Closet
• Basement: Unfinished
• A/C: Central Air
• Heating: Natural Gas
• Fireplace: Fireplaces: 0

Exterior

• Style: Craftsman
• Other Structures: DeckCovered
• Parking: Detached

Construction

• General: TwoPartial

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Woodruff Sub Morris Add 120Ft E End L23 120Ft Eend Of 5Ft N End L24491113162007000101

Utilities

• Water: Public

Financial

• Source: mibor