264 E Caven Street, Indianapolis, IN 46225
- $215,000
- 5
- BD
- 2
- BA
- 4,263
- SqFt
- Sold Price
- $215,000
- List Price
- $225,000
- Closing Date
- Apr 14, 2026
- MLS#
- 22090643
- Property Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft. of Residence
- 4,263
- Year Built
- 1951
- Days on Market
- 24
- Status
- SOLD
Property Description
Welcome to an exceptional opportunity in the heart of one of Indy's most sought-after neighborhoods-Bates-Hendricks! This rare all-brick, 5-bedroom, 2 full bath home offers the perfect blend of historic character, size, and investment potential. With 2,842 square feet across the main and upper levels, this property is a true diamond in the rough-ideal for investors, house hackers, or buyers looking to create their dream home in a rapidly appreciating area. Step inside and envision the possibilities. The home features a unique layout with a separate upper-level living space, complete with 2 bedrooms, a full bath, and its own kitchen, making it perfectly suited for multi-generational living, rental income, or a duplex-style conversion. A side deck w/ private entrance enhances the flexibility and privacy of the upstairs unit-an incredibly desirable feature. Outside, you'll find amenities that are nearly impossible to come by in this neighborhood: A detached 1-car garage (a rare find in Bates-Hendricks) Gravel parking pad with space for 4 vehicles And the crown jewel-the adjacent vacant lot at 272 E Caven St can be INCLUDED in the sale w/ the right offer. This additional lot provides endless possibilities: expand the existing home, build new construction, create a private outdoor oasis, or hold as a long-term investment. Opportunities like this-side-by-side parcels in Bates-Hendricks-are extremely scarce. Located just minutes from downtown Indy, Fountain Square, and major highways, you're perfectly positioned to enjoy the growth, development, and vibrant community that make this area one of the city's hottest markets.
Additional Information
- Basement
- Unfinished
- Foundation
- Brick/Mortar
- Stories
- Two
- Architecture
- Traditional
- Equipment
- None
- Interior
- Attic Access, Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry
- Acres
- 0.16
- Heat
- Forced Air, Natural Gas
- Cooling
- None
- Appliances
- Dishwasher, Electric Water Heater, Gas Oven, Refrigerator
- Semi-Annual Taxes
- $1,814
- Garage
- Yes
- Garage Parking
- Guest Street Parking
- Region
- Center
- Areas
- Living Room Formal, Bedroom Other on Main
- Eating Areas
- Formal Dining Room
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Listing courtesy of RE/MAX Advanced Realty. Selling Office: New Western.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative