1126 Union Street, Indianapolis, IN 46225
Local realty services provided by:CENTURY 21 Scheetz
Listed by: peter stewart
Office: keller williams indpls metro n
MLS#:22072537
Source:IN_MIBOR
Price summary
- Price:$229,900
- Price per sq. ft.:$93.61
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!
Contact an agent
Home facts
- Year built:1920
- Listing ID #:22072537
- Added:31 day(s) ago
- Updated:December 11, 2025 at 09:28 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Living area:2,000 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1920
- Building area:2,000 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public Water
Finances and disclosures
- Price:$229,900
- Price per sq. ft.:$93.61
New listings near 1126 Union Street
- New
$247,500Active3 beds 2 baths1,126 sq. ft.5839 Prairie Meadow Drive, Indianapolis, IN 46221
MLS# 22076476Listed by: RED OAK REAL ESTATE GROUP - New
$825,000Active3 beds 2 baths1,950 sq. ft.2814-2830 Ruckle Street, Indianapolis, IN 46205
MLS# 22076578Listed by: CARPENTER, REALTORS - New
$264,900Active3 beds 2 baths1,218 sq. ft.611 E 30th Street, Indianapolis, IN 46205
MLS# 22053569Listed by: CENTURY 21 SCHEETZ - New
$239,900Active4 beds 2 baths2,376 sq. ft.3845 N Irvington Avenue, Indianapolis, IN 46226
MLS# 22075489Listed by: F.C. TUCKER COMPANY - New
$228,000Active2 beds 2 baths1,026 sq. ft.8212 Crook Drive N, Indianapolis, IN 46256
MLS# 22075678Listed by: EXP REALTY, LLC - New
$330,000Active3 beds 2 baths1,484 sq. ft.1119 E Cragmont Drive, Indianapolis, IN 46227
MLS# 22076329Listed by: MY AGENT - New
$195,000Active3 beds 2 baths1,811 sq. ft.8240 E 12th Street, Indianapolis, IN 46219
MLS# 22076473Listed by: INDIANA REALTY PROS, INC. - New
$675,000Active4 beds 5 baths3,984 sq. ft.1816 Carrollton Avenue, Indianapolis, IN 46202
MLS# 22075945Listed by: @PROPERTIES - New
$239,000Active3 beds 2 baths1,442 sq. ft.1135 Carroll White Drive, Indianapolis, IN 46219
MLS# 22076485Listed by: F.C. TUCKER COMPANY - New
$335,000Active3 beds 2 baths1,822 sq. ft.8126 Milender Boulevard, Indianapolis, IN 46237
MLS# 22076551Listed by: RE/MAX AT THE CROSSING