$100,000
PENDING $80K PRICE DROP

Estimated payment $624/month

Total Views 7,832
5 Beds
6 Baths
3,764 Sq Ft
$27 Price per Sq Ft

Highlights

  • Rooftop Deck
  • Mature Trees
  • Corner Lot
  • Downtown View
  • Contemporary Architecture
  • High Ceiling

About This Home

Rare and significant 3-story opportunity in Fall Creek Place. Surrounded by homes exceeding 500k in value. Close proximity to downtown Indy, shopping, restaurants, bars, parks, and more. Unfinished construction and gutted interior. Some construction will need to be assessed and possibly readdressed. Possibilities for property could include luxury Single Family Dwelling, split side-by-side Townhomes, or Multi-Family Duplex. Framed for a rooftop deck, 2-car attached or split garage, and split units. Great opportunity to take over renovation. Pending violations and demolition orders exist, with buyers taking it subject to this. Sold as is. Special instructions for showings exist. This is a must see development opportunity!

Listing Agent

Chris Price

Keller Williams Indy Metro S License #RB14030267 Listed on: 10/23/2025

Keller Williams Indy Metro S

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910 | Under Construction

Lot Details

  • 3,790 Sq Ft Lot
  • Corner Lot
  • Mature Trees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Alley Access
  • Rear-Facing Garage

Property Views

  • Downtown
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Fixer Upper
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • High Ceiling
  • Entrance Foyer
  • Storage
  • Laundry Room
  • Crawl Space
  • Attic Access Panel

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Rooftop Deck
  • Patio
  • Porch

Schools

  • James Whitcomb Riley School 43 Middle School
  • Arsenal Technical High School

Utilities

  • High Speed Internet

Community Details

  • No Home Owners Association
  • Replat Of Sutherlands Sub Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 490625107002000101

Home Details

Home Type

Single Family

Year Built

Built in 1910 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1910
  • Building Area Total: 3764
  • Garage Y N: Yes
  • Lot Size Acres: 0.09
  • Subdivision Name: Replat Of Sutherlands Sub
  • Transaction Type: Sale
  • Website: www.TheIndyPropertySource.com
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: Three Or More
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Interior Amenities: Attic Access, High Ceilings, Entrance Foyer, Hi-Speed Internet Availbl, Supplemental Storage, Walk-In Closet(s)
  • Living Area: 3764
  • Other Equipment: None
  • Areas Interior: Bedroom Other on Main,Laundry in Unit,Utility Room,Other
  • Eating Area: Dining Combo/Kitchen,Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 1364
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 2
  • Upper Level Sq Ft: 2400

Exterior Features

  • Construction Materials: Other
  • Direction Faces: North
  • Foundation Details: Crawl Space, Block
  • Patio And Porch Features: Deck, Patio, Porch, Rooftop
  • Property Condition: Fixer, Under Construction
  • View: City, Downtown, Neighborhood, Skyline
  • View Y N: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Alley Access, Attached, Concrete, Garage Faces Rear, Storage, Other
  • Garage Parking Other: Guest Street Parking

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Water Connected
  • Cooling: None
  • Heating: None
  • Laundry Features: Laundry Room
  • Water Source: Other
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: James Whitcomb Riley School 43

Lot Info

  • Lot Features: Access, Corner Lot, Sidewalks, Storm Sewer, Street Lights, Mature Trees, Trees-Small (Under 20 Ft), See Remarks, Other
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 3790
  • Parcel Number: 490625107002000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 8751.62
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 4375.81
  • Tax Exemption: None

MLS Schools

  • High School: Arsenal Technical High School

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $10,558 $368,800 $44,600 $324,200
2023 $10,558 $377,000 $44,600 $332,400
2022 $11,063 $356,800 $44,600 $312,200
2021 $5,054 $214,800 $28,400 $186,400
2020 $6,356 $204,600 $28,400 $176,200
2019 $6,206 $195,600 $28,400 $167,200
2018 $6,107 $195,600 $28,400 $167,200
2017 $5,346 $132,600 $28,400 $104,200
2016 $1,675 $128,200 $28,400 $99,800
2014 $1,451 $182,600 $33,400 $149,200
2013 $2,825 $182,600 $33,400 $149,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Pending -- -- --
11/19/2025 11/19/25 Price Changed $100,000 -44.4% $27 / Sq Ft
10/23/2025 10/23/25 For Sale $180,000 -- $48 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 Title Solutions
Warranty Deed $200,000 Title Solutions
Warranty Deed -- Title Solutions
Warranty Deed -- Title Solutions
Warranty Deed $550,000 None Available
Warranty Deed $280,000 Monument Title Insurance Compa
Warranty Deed -- Title Solutions Plus Corpora
Deed $245,000 --
Deed $140,000 --
Deed $90,000 --
Warranty Deed $140,000 Paramount Title Agency
Deed $140,000 Paramount Title Agency
Deed $140,000 Paramount Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 No Value Available
Closed $280,000 No Value Available
Closed $280,000 New Conventional
Previous Owner $280,000 New Conventional
Previous Owner $507,100 Commercial
Previous Owner $370,000 Balloon
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22069778

MIBOR Broker Listing Cooperative®

APN: 49-06-25-107-002.000-101