3528 Lambert Street, Indianapolis, IN 46241

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
3528 Lambert Street,Indianapolis, IN 46241
$125,000
  • 2 Beds
  • 1 Baths
  • 936 sq. ft.
  • Single family
  • Active
Listed by: zachary canull
Office: canull group llc.
MLS#:22122522
Source:IN_MIBOR

Price summary

  • Price:$125,000
  • Price per sq. ft.:$86.81

About this home

Investor-ready Indy downtown bungalow with good bones and a clear path to equity. Hardwood floors run throughout, the kitchen has already been partially updated, and big-ticket mechanicals are done - furnace (2019) and water heater (2018) are both newer. The full basement includes a finished office and a bonus room already framed in, giving you a head start on additional living space. The bathroom needs renovation and the home overall needs some TLC, but with the heavy lifting already started, it's ready for a homeowner or investor to add the finishing touches. Outside you'll find a detached garage, storage shed, and good sized chain-link fenced yard. Conveniently located near I-70 with easy access to downtown Indianapolis - a great opportunity in a central location. OWNER OCCUPANTS AND INVESTORS - ALL are welcome! This is an REO Sale and CASH Proof of funds required to submit or a FULLY vetted and LO signed approval letter for financed offers where income, assets, employment and...

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:1951
  • Subdivision & Development:Morris Park
  • Listing ID #:22122522
  • Added:1 day(s) ago
  • Updated:August 26, 2026 at 05:47 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Dishwasher, Gas Oven, Microwave, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Full
  • Living area:936 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1951
  • Building area:936 sq. ft.
  • Lot area:0.27 Acres
  • Architectural Style:Bungalow, Ranch
  • Construction Materials:Vinyl Siding
  • Exterior Features:Storage Shed
  • Foundation Description:Block

Schools

  • High school:Ben Davis High School
  • Middle school:Lynhurst 7th & 8th Grade Center
  • Elementary school:Stout Field Elementary School

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$125,000
  • Price per sq. ft.:$86.81

Features and amenities

  • Appliances:Microwave, Refrigerator, Smoke Alarm, Washer, Water Softener Owned
  • Laundry features:Dryer, Washer
  • Amenities:Attic Access, Sump Pump, Wood Work Stain/Painted

Parking

  • Garage:Yes
  • Garage spaces:1
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 3528 Lambert Street