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1403 S New Jersey Street, Indianapolis, IN 46225

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
1403 S New Jersey Street,Indianapolis, IN 46225
$399,000
  • 2 Beds
  • 2 Baths
  • 1,568 sq. ft.
  • Single family
  • Active
Listed by: joseph gray
Office: hoosierwise realty
MLS#:22088404
Source:IN_MIBOR

Price summary

  • Price:$399,000
  • Price per sq. ft.:$203.57

About this home

Rare Investment Opportunity - Two Homes on One Lot in Bates-Hendricks! Unique income-producing opportunity featuring two homes on one parcel, ideal for investors, house hackers, Airbnb operators, or short-term rental opportunities. Home #1 is a fully renovated, turnkey rental that has been taken down to the studs with all new electrical, plumbing, HVAC, windows, siding, and a newer roof. The home is fully furnished and rent-ready, making it perfect for short-term rentals, travel nurses, contractors working at Lilly, or Airbnb. It has recently rented for $2,000/month with landlord paying all utilities. This home offers 2 bedrooms, 1.5 baths, a dedicated laundry area, living room, and formal dining room, providing a comfortable layout for guests or long-term tenants. Home #2, located on **New Jersey Street-one of the most sought-after streets in Bates-Hendricks-**offers an incredible value-add / redevelopment opportunity. The home already features brand new siding, new

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Home facts

  • Year built:1920
  • Listing ID #:22088404
  • Added:1 day(s) ago
  • Updated:March 10, 2026 at 11:44 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Dining Description:Formal Dining Room
  • Kitchen Description:Dishwasher, Electric Oven, Microwave Hood, Refrigerator
  • Basement:Yes
  • Basement Description:Basement
  • Living area:1,568 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Year built:1920
  • Building area:1,568 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:Cement Siding
  • Foundation Description:Block

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$203.57

Features and amenities

  • Appliances:Refrigerator, Washer
  • Laundry features:Dryer, Washer
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