243 Iowa Street, Indianapolis, IN 46225
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22118595
Source:IN_MIBOR
Price summary
- Price:$299,500
- Price per sq. ft.:$158.38
About this home
OPPORTUNITY ALERT!! Fully renovated from the studs up and move-in ready in the heart of desirable Bates-Hendricks! This impressive 3BR/2BA, 1,763 sq ft two-story home was completely rebuilt over the past year and sits on a street experiencing tremendous redevelopment, with numerous new builds-including several next door and directly across the street. Inside, the open-concept main level features high ceilings, LVP flooring, and a stylish kitchen with dark cabinetry, white quartz countertops, tiled backsplash, and center island. The main-level primary suite offers an updated ensuite bath and sliding glass door leading directly to the covered rear patio, while a separate laundry room adds convenience. Both bathrooms are beautifully finished with oversized tiled showers and striking black and gold hardware. Upstairs are two additional bedrooms plus a versatile open loft/flex space. Outside, enjoy a covered front porch, flat cleared lot, covered rear patio, and brand-new 1-car garage. For investors, Bates-Hendricks supports virtually every strategy, and this property is well suited for either long- or short-term rental use, with its size and layout offering particularly strong STR potential. With the extensive renovation already complete and virtually everything new, ownership should also benefit from substantially reduced near-term CapEx, maintenance, and repair exposure. Minutes from Fountain Square, Fletcher Place, and downtown Indy, this is an outstanding turnkey opportunity for either an owner-occupant or investor!...
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Home facts
- Year built:1895
- Subdivision & Development:No Subdivision
- Listing ID #:22118595
- Added:1 day(s) ago
- Updated:August 12, 2026 at 04:28 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Dining Description:Dining Combo/Living Room
- Kitchen Description:Dishwasher, Disposal, Electric Oven, Microwave Hood, Refrigerator
- Basement:Yes
- Basement Description:Basement, Cellar
- Living area:1,763 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1895
- Building area:1,763 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Vinyl With Brick
- Foundation Description:Basement Wood
Utilities
- Water:Public Water
Finances and disclosures
- Price:$299,500
- Price per sq. ft.:$158.38
Features and amenities
- Appliances:Refrigerator
Parking
- Garage:Yes
- Garage spaces:1
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