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832 E Beecher St

Indianapolis IN 46203

3
2
1
1622 sq. ft.
7318 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Rare double-lot flip/development opportunity in one of the near south side's most actively renovated historic pockets. This 3-bedroom, 1-bath (with plumbing already installed for a second full bath - potential for 2 full baths total), 1,622-square-foot home sits on 7,318 square feet across two parcels - roughly double the width of surrounding lots - with a solid foundation and the heavy, unglamorous work already done. What's already completed: a new roof, new upsized water and sewer lines, a functional furnace, and drainage that's nearly complete. The home has been gutted to the studs and insulation, reframed for an open first-floor layout. Fully custom, stamped architectural plans for a carriage house/ADU are available by request. Since the sewer and water lines are already upsized and ready for ADU tie-in, no new taps are needed - an estimated $15K-$20K savings off the build. Estimated $110K-$150K to finish out. After Repair Value: $275K-$375K, depending on the route the investor takes. Located in the Bates-Hendricks Historic District, walkable to Fountain Square and just minutes from downtown Indianapolis. Cash or hard money only.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
1622 sq. ft. floor area
7318 sq. ft. lot size
Single-Family

Property history for 832 E Beecher St

2023
Sold
$112,000
19 Sep 2023 by Beverly Fast Sinclair, of Keller Williams Indpls Metro N

Happy sellers in Indianapolis

57%
57% 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.

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Local market activity for 3 bedroom single-family properties in Indianapolis

In the last 12 months, 320 three-bedroom single-family properties similar to 832 E Beecher St, have been sold.

This represents a 23% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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