304 W Hanna Avenue, Indianapolis, IN 46217

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
304 W Hanna Avenue,Indianapolis, IN 46217
$220,000
  • 3 Beds
  • 3 Baths
  • 1,616 sq. ft.
  • Single family
  • Active
Listed by: josh monteith
Office: ever real estate, llc.
MLS#:22102821
Source:IN_MIBOR

Price summary

  • Price:$220,000
  • Price per sq. ft.:$96.15

About this home

Exceptional Value-Add Opportunity. Rarely does a canvas this expansive hit the market at this price point. Situated on a sprawling 2-acre lot in Indianapolis, 304 W Hanna Ave is the kind of acquisition that separates seasoned investors from the rest - a full-renovation opportunity with multiple income streams already baked into the bones of the property. The main residence offers 3 bedrooms and 1 full bathroom, with a full unfinished basement, providing the square footage and layout flexibility to reposition as a premium rental, a high-margin flip, or a long-term hold. The converted garage has already been transformed into a self-contained apartment living area, setting the stage for immediate rental income potential once renovations are complete - a built-in ADU play that most properties simply can't offer. Beyond the main structures, three separate storage buildings round out this remarkable footprint, offering additional storage rental income, workshop space, or conversion...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1910
  • Listing ID #:22102821
  • Added:46 day(s) ago
  • Updated:July 07, 2026 at 03:59 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood Floors
  • Dining Description:Breakfast Room
  • Kitchen Description:Gas Oven, Range Hood
  • Basement:Yes
  • Basement Description:Basement, Unfinished
  • Living area:1,616 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Baseboard, Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1910
  • Building area:1,616 sq. ft.
  • Lot area:2 Acres
  • Lot Features:Mature Trees
  • Construction Materials:Vinyl Siding
  • Exterior Features:Barn Mini, Storage
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$220,000
  • Price per sq. ft.:$96.15

Features and amenities

  • Appliances:Washer
  • Laundry features:Dryer, Washer
  • Amenities:Sump Pump
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

New listings near 304 W Hanna Avenue