Just Listed
Address
2326 Winthrop Avenue, Indianapolis, IN
Price
$ 120,000
Property Attributes
- MLS#22128232
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaCenter
- NeighborhoodReagan Park
- Zip46205
- StyleRanch
- Year Built1940
- Taxes$ 1294
- Price$ 120,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1014
- Lot Size0.09 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Prime Investor Opportunity Near Monon Trail & Downtown - 2BR/1BA, 2-car detached Garage with Conversion Potential Excellent entry-level investment opportunity just 1 block from the Monon Trail in a gentrifaction area that's at full throttle! This property is currently configured as a 2/1, with an aapx 550SF garage BUT offers a unique opportunity to create two separate Single-Family Residential (SFR) units. Draft conceptual floor plans are attached to illustrate a potential layout for the two-unit configuration each with 2 BRs, washer/dryer hookup and off-street parking. The primary SFR has 1.5 baths and a porch. The 2nd unit is designed to be separately metered and totally electric to maximize the existing rooftop solar panels. This property offers a tremendous 'value-add' opportunity for an investor looking to sale/rent both SFRs and/or a homeowner looking to reside in 1 unit, and sell, rent or AirBNB the other. Offered AS-IS for just $120,000. The after-repaired value (ARV) as 2 separate SFR as drafted should excess $250k. Buyer due diligence is required to independently verify zoning, permitted use, ARV, etc.
| Price History | |
|---|---|
| 9/25/2026 | Listed $120,000 |
General Features
| Heating | Natural Gas,Solar |
|---|---|
| Cooling | Window Unit(s) |
| Utilities | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| Possession | Closing |
| Appliances | Gas Oven,Refrigerator,Water Heater |
| Garage Spaces | 2 |
| Architectural Style | Ranch |
| Construction Materials | Aluminum Siding,Vinyl Siding,Other |
| Year Built | 1940 |
| Electric | 200+ Amp Service |
| Township | Center |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Reagan Park |
| Garage Y/N | Yes |
| Total Rooms | 4 |
| Full Baths | 1 |
| Status | Active |
| Directions | GPS Friendly |
| City | Indianapolis |
| High School District | Indianapolis Public Schools |
| MLS Area | 4910 - Marion - Center |
| Lot Size Square Feet | 4095 |
| Property Attached Y/N | No |
| Property Condition | Fixer |
| Standard Status | Active |
| Tax Lot | 1056371 |
| Legal Description | Reagan Park Add L182 Also 2Ft N Side L183 |
Interior Features
| Basement (Y/N) | Yes |
|---|---|
| Total Bedrooms | 2 |
| Below Grade Finished Area | 169 |
| Main Level Bedrooms | 2 |
| LivingAreaSource | Assessor |
| Total Baths | 1 |
Exterior Features
| Parking Features | Detached |
|---|---|
| Lot Features | Not In Subdivision |
| Water Source | Public |
| Foundation Details | Crawl Space |
| Building Area Total | 1014 |
| Lot Size Acres | 0.09 |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46205
Price
Taxes
Year Built
In The Neighborhood
Indianapolis
$ 215,000
2330 Winthrop Avenue
Indianapolis, IN 46205
- Type
- Single Family
Listed by John Peoni of Berkshire Hathaway Home
Indianapolis
$ 265,000
2442 Guilford Avenue
Indianapolis, IN 46205
- Type
- Single Family
Listed by Batch Ceesay of @properties
MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than REMAX First Integrity may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: September 24, 2026 11:57 PM UTC
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on September 24, 2026 4:38 PM UTC
Richmond Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
