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3528 Lambert Street, Indianapolis, IN 46241

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
3528 Lambert Street,Indianapolis, IN 46241
$118,750
  • 2 Beds
  • 1 Baths
  • 936 sq. ft.
  • Single family
  • Active
Listed by: zachary canull
Office: canull group llc.
MLS#:22122522
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$118,750
  • Price per sq. ft.:$82.47

About this home

Investor-ready Indy downtown bungalow with good bones and a clear path to equity. Hardwood floors run throughout, the kitchen has already been partially updated, and big-ticket mechanicals are done - furnace (2019) and water heater (2018) are both newer. The full basement includes a finished office and a bonus room already framed in, giving you a head start on additional living space. The bathroom needs renovation and the home overall needs some TLC, but with the heavy lifting already started, it's ready for a homeowner or investor to add the finishing touches. Outside you'll find a detached garage, storage shed, and good sized chain-link fenced yard. Conveniently located near I-70 with easy access to downtown Indianapolis - a great opportunity in a central location. OWNER OCCUPANTS AND INVESTORS - ALL are welcome! This is an REO Sale and CASH Proof of funds required to submit or a FULLY vetted and LO signed approval letter for financed offers where income, assets, employment and...

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Home facts

  • Year built:1951
  • Subdivision & Development:Morris Park
  • Listing ID #:22122522
  • Added:59 day(s) ago
  • Updated:October 25, 2026 at 03:23 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Combo/Kitchen
  • Kitchen Description:Dishwasher, Gas Oven, Microwave, Refrigerator
  • Basement:Yes
  • Basement Description:Basement, Full
  • Living area:936 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Year built:1951
  • Building area:936 sq. ft.
  • Lot area:0.27 Acres
  • Architectural Style:Bungalow, Ranch
  • Construction Materials:Vinyl Siding
  • Exterior Features:Storage Shed
  • Foundation Description:Block

Schools

  • High school:Ben Davis High School
  • Middle school:Lynhurst 7th & 8th Grade Center
  • Elementary school:Stout Field Elementary School

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$118,750
  • Price per sq. ft.:$82.47

Features and amenities

  • Appliances:Microwave, Refrigerator, Smoke Alarm, Washer, Water Softener Owned
  • Laundry features:Dryer, Washer
  • Amenities:Attic Access, Sump Pump, Wood Work Stain/Painted

Parking

  • Garage:Yes
  • Garage spaces:1
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