1546 Hoefgen Street, Indianapolis, IN 46203

• 4 beds |
• 1 bath |
• 1,276 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

April 1, 2026 at 11:19PM

Listing Office:

Keller Williams Indy Metro S : 317-500-2553

Listing Agent:

Miguel Rodriguez : 317-500-2553

MLS ID:

22089047

Interior

• General: Built-in FeaturesEat-in Kitchen
• Appliances: DryerMicrowaveElectric OvenRefrigeratorWasherGas Water Heater
• Basement: Cellar
• A/C: Central Air
• Heating: Forced AirNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• Style: Bungalow
• Other Structures: PorchCovered
• Parking: Detached

Construction

• General: TwoBlock

Location

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

Lot

• Zoning: Downeys Southeast Add L46491019110148000101
• Fencing: Full

Utilities

• Utilities: Cable AvailableNatural Gas Connected
• Water: Public

Financial

• Source: mibor