5944 S Karen Drive, Indianapolis, IN 46239

$235,500
3
BD
2
BA
2,876
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$235,500
MLS#
22128041
Property Type
Residential
Bedrooms
3
Bathrooms
2
Sqft. of Residence
2,876
Year Built
1965
Days on Market
2
Status
ACTIVE

Property Description

INVESTOR & HOME FLIPPER OPPORTUNITY! Beautiful .72-Acre Property with Tri-Level Home - Sold AS-IS Bring your vision and unlock the potential of this unique property! Situated on a beautiful .72-acre lot, this tri-level home offers an exciting opportunity for investors, experienced renovators, and home flippers looking for their next project. The home needs substantial work and is being offered strictly AS-IS, but the generous lot and existing structure provide plenty of possibilities for the right buyer. Property Highlights: * Approximately .72 acres * Tri-level home with renovation potential * Large lot offering privacy and flexibility * Ideal opportunity for investors and experienced rehabbers * Sold AS-IS * Bring your contractor, vision, and imagination! Whether you're looking to completely renovate the existing home, create a long-term investment, or explore the property's potential, this is an opportunity worth taking a closer look at. Investors, flippers, and rehabbers-this one is for you!

Additional Information

Foundation
Concrete Perimeter
Number of Fireplaces
1
Fireplace Description
Family Room
Stories
Tri-Level
Architecture
Mid-Century Modern
Interior
Cathedral Ceiling(s)
Acres
0.72
Heat
Forced Air
Cooling
Central Air
Financing
Cash Only
Appliances
None
Semi-Annual Taxes
$1,163
Garage
Yes
Region
Franklin
Eating Areas
Dining Combo/Kitchen

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of CENTURY 21 Scheetz.

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