741 Parkway Avenue, Indianapolis, IN 46203

• 3 beds |
• 3 baths |
• 2,300 sqft

Property Description

Looking for a property that gives you options? This Bates Hendricks home is currently being operated as an Airbnb and offers the flexibility to continue as a short-term rental or make it your own personal residence. With Fountain Square, Garfield Park, Downtown Indianapolis, and interstate access all just minutes away, you'll be close to plenty of restaurants, entertainment, parks, and everything downtown has to offer. The home underwent a complete rehab in 2016, creating a comfortable blend of modern updates and the character of an older Indianapolis home. There is plenty of room to spread out, with two separate living spaces, including a loft upstairs that can be used as a second living room, office, or additional hangout space. The main level includes the primary bedroom, making everyday living convenient. The suite has a walk-in closet and private bathroom with a tiled walk-in shower. You'll also find the laundry on the main floor. At the center of the home is a spacious kitchen with plenty of room for cooking and entertaining. It features a large island, breakfast bar, quartz countertops, and stainless-steel appliances. The cabinets have a designer faux-laminate finish with the color built into the laminate rather than simply painted on. Upstairs you'll find two additional bedrooms, a full bathroom, and the large loft area. Outside, the sidewalks make it easy to enjoy the neighborhood on foot, while the oversized two-car garage gives you room for vehicles, storage, hobbies, or a workshop. Whether you're looking for an investment that is already being used as an Airbnb or a home in one of Indianapolis' popular urban neighborhoods, this property gives you the flexibility to go either direction.

Listing Status:

Active

Data Last Updated:

October 9, 2026 at 4:20AM

Listing Office:

@properties : 463-701-9331

Listing Agent:

Michael Ruth II : 463-701-9331

MLS ID:

22128342

Interior

• General: Breakfast BarHigh CeilingsKitchen IslandHi-Speed Internet AvailblEat-in KitchenSmart Thermostat
• Appliances: DishwasherDryerDisposalGas Water HeaterMicrowaveGas OvenRefrigeratorWasherWater Heater
• Laundry: Main Level
• Basement: Storage SpaceUnfinished
• Flooring: Hardwood
• A/C: Central Air
• Heating: Forced AirGas
• Fireplace: ElectricLiving RoomFireplaces: 1

Exterior

• General: Smart Lock(s)
• Style: Traditional
• Parking: Detached

Construction

• General: Three Or MoreBlock

Location

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

Lot

• Zoning: South Park Add L75491113184063000101

Utilities

• Utilities: Cable AvailableNatural Gas ConnectedSewer ConnectedWater Connected200+ Amp Service
• Water: Public

Financial

• Source: mibor