1218 Union Street, Indianapolis, IN 46225
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
1218 Union Street,Indianapolis, IN 46225
$239,700
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:david orton
Office:fair market value investment sales
MLS#:21985855
Source:IN_MIBOR
Price summary
- Price:$239,700
About this home
Seller Financing Available: Proposed Terms: Loan Amount $203,745, Monthly Payment $1,221.55, Interest Rate 6%, 5 year term. EMD $1,500 non refundable submitted first day of acceptance of a purchase sales agreement. Property foundation inspection report on file. Price is reflective to discount original asking price to account for the foundation repairs. Discover Indy Old Southside Location Proposed use for Airbnb less than 1 mile from Lucas Oil Stadium. 1/2 Mile from Eli Lilly Corporate Offices. 2 miles from White River Gardens Concert Venue. 1 mile from Indiana Convention Center. 2.5 miles from IU Health Hospital and Riley Children's Hospital. 3 miles from Eskenazi Hospital. 1/2 mile access to Interstate 70. 10 miles or 15 minutes from Indianapolis International Airport. Airbnb Rental Ranges: from $36 per night to $187 per night in the Winter Season. This 7 bedroom, 4 bathroom, 2 kitchen, 2 Laundry single family home is currently classified under class 419 Other Com Housing in Public Records. There are 3BR, 2 full BA downstairs; 4BR, 2 full BA upstairs. No current leases in place. The property comes equipped with Central Air (new 2020), 2 water heaters (new 2020), heat pump (new 2020), newly insulated exterior walls. Painted with new flooring (2022). All furniture stays with the property. Property being sold as-is, furniture included. HIT Man solution foundation repair work estimate on file. Property currently occupied with a caretaker that cleans and maintains the site (no lease in place).
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Home facts
- Year built:1940
- Listing ID #:21985855
- Added:463 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Structure and exterior
- Roof:Asphalt
- Year built:1940
- Lot area:0.07 Acres
Finances and disclosures
- Price:$239,700
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