$229,900

Estimated payment $1,441/month

Total Views 496
4 Beds
3.5 Baths
2,000 Sq Ft
$115 Price per Sq Ft

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Walk-In Closet
  • Main Floor Bedroom
  • Formal Dining Room
  • 5-minute walk to Kelly Park

About This Home

1126 Union St presents an excellent investment opportunity in the rapidly revitalizing Old Southside neighborhood. Just moments from Lucas Oil Stadium and downtown Indy, this 4 bed, 3.5 bath home (2,000 sq ft + 414 sq ft unfinished daylight basement) offers strong potential as a fix & flip, long-term hold, BRRRR strategy, or high-performing STR (projected $70k+ annual revenue). The home was taken to the studs and rebuilt a few years ago, but it was recently vandalized and now needs a full cosmetic renovation. Repairs needed include paint, flooring, kitchen, baths, fixtures, WH/HVAC, and exterior cleanup. The roof and composition cement siding appear to have been replaced within the past few years, so most of the heavy lifting is interior. ARV estimated at $350k+. The floorplan is ideal for renters or guests, featuring raised ceilings, open living/dining/kitchen layout, a main-level bedroom and full bath, plus a laundry room with adjacent half bath. Upstairs offers a primary suite with walk-in closet and full bath, along with two additional bedrooms and a shared full bath. Large covered front porch, deep lot that runs street-to-street, with gravel parking in the front and rear. No neighbors directly to the north, and revitalization is happening all around. Cash or hard money only. Sold as-is. A prime project in one of Indy's fastest developing urban districts-bring your vision and unlock big upside!

Listing Agent

Peter Stewart

Keller Williams Indpls Metro N License #RB15000083 Listed on: 11/10/2025

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Parking

  • Alley Access

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Attic Access Panel
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Additional Features

  • 7,579 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Mc Cartys Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 491112105003000101

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1920
  • Building Area Total: 2456
  • Garage Y N: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Mc Cartys Subdivision
  • Transaction Type: Sale
  • Website: http://www.1126unionst.com
  • Accessibility Features YN: No
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access, Walk-In Closet(s)
  • Living Area: 2000
  • Spa Y N: No
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1024
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 976

Exterior Features

  • Construction Materials: Brick, Cement Siding
  • Disclosures: BankOwned
  • Fencing: Partial
  • Foundation Details: Block
  • Patio And Porch Features: Covered
  • Pool Private Y N: No
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Alley Access, Gravel

Utilities

  • Utilities: Cable Available
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 7579
  • Parcel Number: 491112105003000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 7194
  • Tax Lot: 19
  • Semi Annual Property Tax Amt: 3597
  • Tax Exemption: None

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,037 $303,200 $8,400 $294,800
2023 $7,037 $292,200 $8,400 $283,800
2022 $5,553 $274,800 $8,400 $266,400
2021 $5,424 $128,000 $8,400 $119,600
2020 $1,376 $112,300 $8,400 $103,900
2019 $1,652 $68,600 $4,000 $64,600
2018 $4,060 $54,500 $4,000 $50,500
2017 $479 $53,900 $4,000 $49,900
2016 $802 $50,000 $4,000 $46,000
2014 $458 $61,200 $4,000 $57,200
2013 $513 $61,200 $4,000 $57,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $229,900 -- $115 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $290,000 None Listed On Document
Warranty Deed $90,000 Chicago Title
Deed -- None Listed On Document
Deed $8,000 --
Deed $8,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $213,075 Construction
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22072537

MIBOR Broker Listing Cooperative®

APN: 49-11-12-105-003.000-101