2027/2029 Lexington Ave, Indianapolis, IN 46203
FOR SALE

2027/2029 Lexington Ave
Indianapolis, IN 46203

Fountain Square
  • 2 Beds
  • 1 Bath
  • 2 Beds
  • 1 Bath

$220,000

Original price: $240,000
Est. Mortgage $1,396/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Situated just moments from the vibrant Fountain Square. This duplex offers a unique investment opportunity, in a prime location. Enjoy the convenience of near by dining, shopping and entertainment options all with in a short distance. The property currently features a duplex configuration, ideal for generating rental income. Each unit offers distinct living spaces, providing privacy and comfort for potential tenants. One of the standout features is the expansive lot. The size of the parcel not only accentuates the duplex but also presents the potential for further development. Given the considerable size of the parcel, there's an opportunity to split the lot and build two single-family homes. The option adds significant value for those looking to invest in a growing area. While the property requires improvements, it's also a blank canvas.

Home Highlights

Parking
3 Parking Spaces
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
69 days ago

Home Details for 2027/2029 Lexington Ave

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportNo Attached GarageParking Spaces: 3Parking: Detached
Frontage
Road Frontage: Access Rd

Days on Market

Days on Market: 69

Property Information

Year Built
Year Built: 1903
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, Duplex
Building
Not a New Construction
Property Information
Parcel Number: 491007141034000101

Price & Status

Price
List Price: $220,000
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Geyers
School Information
High School District: Indianapolis Public Schools

Agent Information

Listing Agent
Listing ID: 21961297

Lot Information

Lot Area: 8276.4 sqft

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 21961297Attribution Contact: Jessica@tg8-usa.com

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: about 13 hours ago
Listing Provided by: Jessica Burdine, 8
The Great 8 Real Estate LLC
Source: MIBOR as distributed by MLS GRID, MLS#21961297

Price History for 2027/2029 Lexington Ave

DatePriceEventSource
02/10/2024$220,000PendingToActiveMIBOR as distributed by MLS GRID #21961297
02/07/2024$220,000PendingMIBOR as distributed by MLS GRID #21961297
02/02/2024$220,000PriceChange
MIBOR as distributed by MLS GRID #21961297
01/29/2024$240,000Listed For SaleMIBOR as distributed by MLS GRID #21961297

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0.19
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$129,900
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0.30
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$140,000
10/19/23
2
2
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0.54
Multi-Family Home
$70,000
12/13/23
2
1
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0.41
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$59,900
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$190,000
02/15/24
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Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Fountain Square

  • Trulia User
    "You can easily access the highway, commute is quite easy aside from after and pre work traffic. Getting to the center city is very easy."
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  • Keesha L.
    "My commute is only 6 min to work. The traffic is not very heavy here on this side of town. At this point I’m just typing "
    3
    Flag
  • Katie
    "Gunshots heard often, tires stolen off my car, car broken into several times, kids stealing off porch several times, random people walking in yard weekly, trash is often missed - live off Lexington Ave Fountain Square. Do not move here if you have the option not to. "
    12
    Flag
  • Connor C.
    "Very easy access to downtown with a car (traffic rarely a problem), and the new Red Line is great for getting around the city up through Broad Ripple"
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    Flag
  • Tiffany N.
    "I grew up here as a child and then again recently. Both old and new homes. Friendly neighborhood, clean, andand cuteeee. Lots of party revenue. "
    4
    Flag
  • Tobymkemp
    "Nightmare on Elm Street Halloween Party Neighborhood Cleanup Two Times per Year Fountain Square local events including Virginia Avenue Music Festival, Fountain Square Music Festival and First Friday’s"
    1
    Flag
  • Dstone131
    "Restaurants and shops are all close by in fountain square main central area which have lively gatherings during the summer months."
    0
    Flag
  • Kylesmamma07
    "family's around and children.. safe schools and also not too bad of people live here that are mostly home owners ans kids are raised and off too collage"
    0
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  • Meredith D.
    "Events at the Hifi, Pioneer, Square Cat Vinyl, Virginia Avenue Music Fest, Record Store Day, Chreece. First Fridays at the Murphy building are always awesome! In the summer everyone is out and about on weekends and it’s always very lively."
    0
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  • Slmgrand1
    "the neighborhood is friendly and lots of things to do, pet friendly and very accessible, people jog , biking restaurants. "
    0
    Flag
  • Alex M.
    "There are plenty of art and musical festivals that occur throughout the year. Every first Friday the Murphy building is filled with different art exhibits. There is always a strong sense of community here. "
    1
    Flag
  • Cynthia Z.
    "it's easy to get public transportation and traffic is busy but it's really quick and easy to get around and we arent that far from downtown "
    1
    Flag
  • Dstone131
    "Seems to be revitalized with new people and energy as the homes are being completely remodeled and updated in the area which means values will increase a lot at first and the atmosphere might change as more two income middle age families move back in. Just a thought. "
    1
    Flag
  • Kaylalucas1213
    "Lots of new bars new people new food and lots of live music... I’ve lived here in fountain square for 5 years now. "
    6
    Flag
  • Nia g.
    "i love this neighborhood because of the friendly people and the short walk down to fountain square, its nice especially on this street that its calm and beautiful while also if u want to walk to eat or hang out its just down the street. i definitely recommend this neighborhood!!"
    5
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  • Kaylalucas1213
    "I’ve lived in this neighborhood for years! My grandma owned her house since 1960. Everyone is very friendly. Neighbors actually care about you. "
    2
    Flag
  • Tobymkemp
    "Obviously, the road layouts and the home designs are one of a kind in Fountain Square. The restaurants and bars, the music venues, and, most of all, the people really make the neighborhood what it is though. "
    0
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  • Shauta
    "I love this area, there are plenty of restaurants and stores. I bike and walk everywhere. It takes me 15 minutes to walk to the Circle and 10 to walk to Fountain Square. We have awesome neighbors and we work together on our community garden. "
    0
    Flag
  • Janis G.
    "I love this area! We want to move here eventually. Lived in the fancy custom built neighborhoods for years. But nothing says home like Fountain Square!"
    5
    Flag

LGBTQ Local Legal Protections

Jessica Burdine, The Great 8 Real Estate LLC
Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2027/2029 Lexington Ave, Indianapolis, IN 46203 is a 2 bedroom, 1 bathroom multi-family built in 1903. 2027/2029 Lexington Ave is located in Fountain Square, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Feb 19, 2024. The MLS # for this home is MLS# 21961297.