1432 Lexington Avenue, Indianapolis, IN 46203

$175,000
2
BD
2
BA
2,478
SqFt

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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

Listing courtesy of Jennifer Blandford. Carpenter, REALTORS®

Selling Office: The Stewart Home Group.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.