2431 Central Avenue, Indianapolis, IN 46205

Local realty services provided by:CENTURY 21 Scheetz
2431 Central Avenue,Indianapolis, IN 46205
$400,000
  • - Beds
  • 3 Baths
  • 3,392 sq. ft.
  • Single family
  • Active
Listed by: archie nevins, elizabeth ramirez
Office: exp realty, llc.
MLS#:22099569
Source:IN_MIBOR

Price summary

  • Price:$400,000
  • Price per sq. ft.:$117.92

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1999
  • Listing ID #:22099569
  • Added:1 day(s) ago
  • Updated:May 03, 2026 at 04:41 PM

Rooms and interior

  • Total bathrooms:3
  • Half bathrooms:3
  • Living area:3,392 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Central air:Yes

Structure and exterior

  • Year built:1999
  • Building area:3,392 sq. ft.
  • Lot area:0.33 Acres
  • Lot Features:Curbs, Not In Subdivision
  • Architectural Style:Ranch
  • Construction Materials:Brick
  • Foundation Description:Slab

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$400,000
  • Price per sq. ft.:$117.92

Parking

  • Parking description:Common Lot
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.