4106 Asbury Street, Indianapolis, IN 46227

$215,000
2
BD
2
BA
1,014
SqFt

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Sold Price
$215,000
List Price
$223,900
Closing Date
Mar 06, 2026
MLS#
22068728
Property Type
Residential
Bedrooms
2
Bathrooms
2
Sqft. of Residence
1,014
Year Built
1952
Days on Market
134
Status
SOLD

Property Description

Investors! This fully rehabbed 2-bed, 2-bath property delivers turnkey convenience with multiple income-producing possibilities. Completely renovated in 2022 with NEW electrical, can lighting, plumbing, drywall, roof, gutters, HVAC, siding, and concrete sidewalks-plus a brand-new septic system in 2023. Inside, you'll find fresh paint, new flooring, custom tile showers, and walk-in closets, offering the modern appeal short-term and mid-term renters love. Sitting on a .70-acre lot, this property includes an additional parcel that can be split off, developed, or used for expanded rental amenities. The 4-car garage has been converted into a flexible fitness studio with two bonus rooms-perfect for guest storage, office space for traveling professionals, or added rental features. A carport, shed, and fresh gravel driveway provide ample parking and convenience for multiple occupants or guests. With NO HOA, you have the freedom to operate as an Airbnb, Furnished Finder listing, or college rental without restrictions. And the location could not be better-walking distance to UIndy, making it ideal for student housing, visiting faculty, or game-day stays. Whether you're looking to build passive income, create multiple revenue streams, or expand your investment portfolio, this property offers the upgrades, flexibility, and location to make it a high-demand rental from day one. Secure this opportunity before another investor does!

Additional Information

Foundation
Slab
Stories
One
Architecture
Traditional
Interior
Eat-in Kitchen, Walk-In Closet(s)
Exterior Amenities
Storage Shed
Acres
0.75
Heat
Electric, Forced Air
Cooling
Central Air
Appliances
Electric Oven, Refrigerator, Water Heater
Semi-Annual Taxes
$1,050
Garage
Yes
Region
Perry
Areas
Laundry in Unit
Eating Areas
Dining Combo/Kitchen, Dining Combo/Living Room

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Calculator source: Real Geeks

Listing courtesy of Mike Thomas Associates. Selling Office: RE/MAX Real Estate Prof.

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