262 W Ray Street, Indianapolis, IN 46225

$475,000
9
BD
3
BA
3,552
SqFt

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Sold Price
$475,000
List Price
$529,500
Closing Date
Dec 09, 2025
MLS#
22041977
Property Type
Residential
Bedrooms
9
Bathrooms
3
Sqft. of Residence
3,552
Year Built
1919
Days on Market
161
Status
SOLD

Property Description

Incredible Investment Opportunity! Nestled just half a block from the iconic Colts Stadium and the bustling heart of downtown, this extraordinary property provides endless options and opportunity. Steps away from a world of entertainment, dining, and cultural experiences, this home offers unparalleled access to the vibrant downtown scene, making it a coveted spot for those who thrive on the city's energy. Behind the home is Babe Denny Park, providing a personal retreat amid urban life. Enjoy leisurely strolls, picnics, or simply unwind in nature, all just a stone's throw from your doorstep. With nine generously sized bedrooms, this home is designed to accommodate large families, groups of friends, or even a thriving vacation rental business. This space ensures that everyone has room to relax and unwind. This property is currently thriving as a VRBO/Airbnb vacation home, creating an opportunity for savvy investors to tap into the booming short-term rental market in a prime location. Whether you envision it as a family home, a vacation rental, or a combination of both, this property adapts to your lifestyle and investment goals. This unique opportunity is seldom found in today's market! Don't miss this chance to own this rarity in one of the city's most coveted locations.

Additional Information

Basement
Cellar
Foundation
Block
Stories
Two
Architecture
Traditional
Equipment
Smoke Alarm
Interior
High Ceilings, Eat-in Kitchen
Exterior Amenities
Gas Grill
Acres
0.11
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Dishwasher, Dryer, Microwave, Electric Oven, ENERGY STAR Qualified Water Heater
Region
Center
Eating Areas
Formal Dining Room

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Calculator source: Real Geeks

Listing courtesy of Encore Sotheby's International. Selling Office: @properties.

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