5015 E Michigan ST new Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46201
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,866 sqft
Price per Sqft $62
Subdivision No Subdivision
MLS Listing ID 22012615
Bedrooms 7
Full Baths 2
HOA Y/N No
Year Built 1930
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Property Description
5015 E Michigan St, Indianapolis Investor's Dream in the Irvington/Tuxedo Area! Welcome to 5015 E Michigan St, a spacious 6-bedroom, 2-bathroom property located on the border of the Irvington/Tuxedo area-one of Indianapolis's most charming and rapidly developing neighborhoods. Priced below market value, this home is an incredible opportunity for investors or homeowners willing to put in some work to maximize its potential. This property features a bonus room in the basement, has been meticulously maintained, and requires only cosmetic updates on the interior. The exterior is completely redone, needing nothing but the addition of an AC unit. Whether you're looking to enhance your rental portfolio or create a beautiful home, this property is perfectly positioned for future growth and value appreciation. Property Highlights: * 6 Bedrooms + Bonus Room in Basement * 2 Full Bathrooms * Meticulously Maintained (Cosmetic Repairs Only) * Fully Updated Exterior * Located in the Charming Irvington/Tuxedo Area * Sold As-Is Located just minutes from the heart of Irvington, this property offers easy access to local shops, restaurants, and the vibrant community that makes this area so desirable. Agents are encouraged to run a comparable market analysis to see the untapped potential.
Location
State IN
County Marion
Rooms
Main Level Bedrooms 6
Interior
Interior Features Attic Stairway
Heating Forced Air
Cooling None
Fireplace Y
Appliance Electric Oven,Refrigerator,Water Heater
Exterior
Garage Spaces 1.0
Building
Story One
Foundation Block
Water Municipal/City
Architectural Style Craftsman
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools