$185,000
$199,900
7.5%For more information regarding the value of a property, please contact us for a free consultation.
1126 Union ST Indianapolis, IN 46225
4 Beds
4 Baths
2,456 SqFt
Key Details
Sold Price $185,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,456 sqft
Price per Sqft $75
Subdivision Mc Cartys Subdivision
MLS Listing ID 22072537
Sold Date 09/01/26
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1920
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Single Family Residence
Property Description
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!
Location
State IN
County Marion
Rooms
Basement Unfinished
Main Level Bedrooms 1
Interior
Interior Features Attic Access, Walk-In Closet(s)
Heating Forced Air, Natural Gas
Cooling None
Fireplace Y
Appliance None
Exterior
Utilities Available Cable Available
View Y/N false
Water Access Desc Public
Building
Story Two
Foundation Block
Water Public
Architectural Style Traditional
Structure Type Brick,Cement Siding
New Construction false
Schools
School District Indianapolis Public Schools
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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