512 S Cole Street, Indianapolis, IN 46241

$90,000
3
BD
2
BA
1,236
SqFt

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Sold Price
$90,000
List Price
$115,000
Closing Date
Dec 22, 2025
MLS#
22067899
Property Type
Residential
Bedrooms
3
Bathrooms
2
Sqft. of Residence
1,236
Year Built
1945
Days on Market
70
Status
SOLD

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.

Additional Information

Foundation
Crawl Space
Stories
One
Architecture
Bungalow
Interior
Attic Access
Acres
0.12
Heat
Forced Air
Cooling
None
Appliances
Gas Oven, Refrigerator
Region
Wayne
Eating Areas
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Highgarden Real Estate. Selling Office: FS Houses LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative