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2431 Central Avenue

Indianapolis IN 46205

3
3392 sq. ft.
14560 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Rare redevelopment opportunity in a prime Near Northside location at Fall Creek Place. This property offers multiple value-add strategies, including potential conversion of the existing church structure into a unique residential space or redevelopment of the site. With sufficient lot size to support a possible split since was previously 2 lots, investors may explore building two new construction homes (subject to zoning and approvals). Ideal for builders, developers, or visionaries looking to capitalize on continued growth just minutes from downtown Indianapolis. Currently houses are selling from approximately $500-800,000.

Features

3 bathrooms
3392 sq. ft. floor area
14560 sq. ft. lot size
Single-Family

Happy sellers in Indianapolis

95%
95% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Indianapolis over the last 12 months.

Local market activity for single-family properties in Indianapolis

In the last 12 months, 404 single-family properties similar to 2431 Central Avenue, have been sold.

This represents a 9% increase in single-family properties sales when compared to the previous 12 months.

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