1432 Lexington Avenue, Indianapolis, IN 46203
- $175,000
- 2
- BD
- 2
- BA
- 2,478
- SqFt
- Sold Price
- $175,000
- List Price
- $150,000
- Closing Date
- Apr 13, 2026
- MLS#
- 22090443
- Property Type
- Residential
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft. of Residence
- 2,478
- Year Built
- 1900
- Days on Market
- 24
- Status
- SOLD
Property Description
What we have here is an EXCELLENT opportunity for someone with vision (and cash) to reinvent a gem in the heart of Fountain Square! Located on one of the most lovely streets in the neighborhood, this turn-of-the-century gal is ready for her transformation. She's been a rental for a long, long time; and no one has ever really considered the potential she has to become a spacious, modern beauty. With some floor plan alterations, she can be a magnificent 3BR/2BA home with a primary suite on the main floor and a gracious open floor plan for entertaining and daily living. Her detached garage & workshop frames the backyard ripe for a courtyard patio (think string lights & potted plants & a grill simmering nearby on a lovely summer evening), and the two enclosed porches at front & rear offer opportunities for incremental living spaces, such as an office, library, breakfast room or whatever you need. Bring your vision & your hardhat, and let's see what you can do to unearth the potential that will make her shine. An anticipated resale value between $325,000-350,000! ** ALL OFFERS DUE BY NOON 3/23/2026 **
Additional Information
- Basement
- Cellar, Unfinished
- Foundation
- Block, Brick/Mortar, Cellar
- Stories
- Two
- Architecture
- Traditional
- Interior
- Cathedral Ceiling(s), Hi-Speed Internet Availbl
- Acres
- 0.09
- Heat
- Forced Air, Natural Gas
- Cooling
- None, Central Air
- Financing
- Conventional, FHA 203(k)
- Appliances
- Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
- Semi-Annual Taxes
- $1,071
- Garage
- Yes
- Region
- Center
- Areas
- Bedroom Other on Main, Laundry in Unit
- Eating Areas
- Formal Dining Room, Separate Room
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Listing courtesy of Carpenter, REALTORS®. Selling Office: The Stewart Home Group.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative