264 E Caven Street, Indianapolis, IN 46225
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
264 E Caven Street,Indianapolis, IN 46225
$225,000
- 5 Beds
- 2 Baths
- 2,842 sq. ft.
- Single family
- Active
Listed by: lindsey winkhart
Office: re/max advanced realty
MLS#:22090643
Source:IN_MIBOR
Price summary
- Price:$225,000
- Price per sq. ft.:$52.78
About this home
Welcome to an exceptional opportunity in the heart of one of Indy's most sought-after neighborhoods-Bates-Hendricks! This rare all-brick, 5-bedroom, 2 full bath home offers the perfect blend of historic character, size, and investment potential. With 2,842 square feet across the main and upper levels, this property is a true diamond in the rough-ideal for investors, house hackers, or buyers looking to create their dream home in a rapidly appreciating area. Step inside and envision the possibilities. The home features a unique layout with a separate upper-level living space, complete with 2 bedrooms, a full bath, and its own kitchen, making it perfectly suited for multi-generational living, rental income, or a duplex-style conversion. A side deck w/ private entrance enhances the flexibility and privacy of the upstairs unit-an incredibly desirable feature. Outside, you'll find amenities that are nearly impossible to come by in this neighborhood: A detached 1-car garage (a rare find in Bates-Hendricks) Gravel parking pad with space for 4 vehicles And the crown jewel-the adjacent vacant lot at 272 E Caven St can be INCLUDED in the sale w/ the right offer. This additional lot provides endless possibilities: expand the existing home, build new construction, create a private outdoor oasis, or hold as a long-term investment. Opportunities like this-side-by-side parcels in Bates-Hendricks-are extremely scarce. Located just minutes from downtown Indy, Fountain Square, and major highways, you're perfectly positioned to enjoy the growth, development, and vibrant community that make this area one of the city's hottest markets....
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Home facts
- Year built:1951
- Listing ID #:22090643
- Added:1 day(s) ago
- Updated:March 22, 2026 at 10:47 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Dining Description:Formal Dining Room
- Kitchen Description:Dishwasher, Gas Oven, Refrigerator
- Basement:Yes
- Basement Description:Basement, Unfinished
- Living area:2,842 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1951
- Building area:2,842 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Mature Trees, Sidewalks
- Construction Materials:Brick
Utilities
- Water:Public Water
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$52.78
Features and amenities
- Appliances:Refrigerator
- Amenities:Attic Access
Parking
- Parking description:Guest Street Parking
- Garage:Yes
- Garage spaces:1
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