2431 Central Avenue, Indianapolis, IN 46205

$400,000
3
BA
3,392
SqFt

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List Price
$400,000
MLS#
22099569
Property Type
Residential
Bathrooms
3
Sqft. of Residence
3,392
Year Built
1999
Days on Market
86
Status
PENDING - CONTINUE TO SHOW

Property Description

Rare redevelopment opportunity in a prime Near Northside location at Fall Creek Place. This property offers multiple value-add strategies, including potential conversion of the existing church structure into a unique residential space or redevelopment of the site. With sufficient lot size to support a possible split since was previously 2 lots, investors may explore building two new construction homes (subject to zoning and approvals). Ideal for builders, developers, or visionaries looking to capitalize on continued growth just minutes from downtown Indianapolis. Currently houses are selling from approximately $500-800,000.

Additional Information

Foundation
Slab
Stories
One
Architecture
Ranch
Interior
Cathedral Ceiling(s)
Acres
0.33
Heat
Natural Gas
Cooling
Central Air
Appliances
None
Garage Parking
Common Lot
Region
Center
Eating Areas
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative