$115,000

512 S Cole Street, Indianapolis, IN 46241

  • 3 beds |
  • 2 baths |
  • 1,236 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $93/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Discover the charm-and potential-of this lovely bungalow in Garden City, nestled in the heart of the westside. Spanning 1,236 square feet, this property features three generous bedrooms and two full bathrooms. The living room highlights original hardwood floors that add warmth and character, while a versatile bonus room can serve as a fourth bedroom, office, or creative studio. Whether you're seeking your next turnkey rental or a value-add flip, this property delivers opportunity. Previously a profitable rental, it's move-in ready for new tenants, offering immediate income potential. For flippers or owner-occupants, the low purchase price leaves plenty of room to build equity through thoughtful updates and cosmetic improvements. Enjoy a covered front porch perfect for relaxing, plus a convenient location close to local amenities. With strong rental demand and solid bones already in place, this home is a smart investment with multiple exit strategies-cash flow now or renovate for future gain.

Listing Status:
Active
Listing Office:
Highgarden Real Estate : 765-228-1204
Listing Agent:
Kathryn Teltow : 765-228-1204
MLS ID:
22067899
  • General: Attic Access
  • Appliances: Gas OvenRefrigerator
  • A/C: None
  • Heating: Forced Air
  • Style: Bungalow
  • Other Structures: Covered
  • Parking: NoneDetached
  • General: OneCrawl Space
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Zoning: Wayne Park L189491107103062000930
  • Water: Public
  • Source: mibor

This listing courtesy of Kathryn Teltow, Highgarden Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rhoades Elementary School

502 S Auburn St, Indianapolis, IN, 46241

Grades KG-6

0.18 miles away

L

Lynhurst 7th & 8th Grade Center

2805 S Lynhurst Dr, Indianapolis, IN, 46241

Grades 7-8

2.34 miles away

A

Achieve Virtual Education Academy

1250 N High School Rd, Indianapolis, IN, 46224

Grades 9-12

1.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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