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Listed price in listed location currency (USD).
$125,000

311

MLS® 22097796

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1152 sqft
Garage Yes
Taxes 
Days Active 12
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $108
MLS® Number 22097796

Property Address: 406 S Butler Ave, Indianapolis, IN, 46219-7035

Average square foot calculated using Size range provided by listing agent.

Description

Investor Special Near Irvington - High Upside Opportunity! Located at 406 S Butler Avenue in Indianapolis, this 3-bedroom, 1-bath home with a 1-car detached garage and full basement offers serious potential for the right buyer. Just minutes from the highly desirable Irvington neighborhood, this property sits in an area seeing continued appreciation and revitalization. Inside, you'll find a functional layout with an open flow from the living area into the kitchen, plus original architectural charm including a classic arched doorway. The home already features updated flooring in portions of the property, providing a solid starting point for your renovation vision. The full basement offers additional value-add possibilities for storage, mechanical updates, or future finished space. This is a true value-add opportunity geared toward seasoned rehabbers or investors looking to capitalize on strong resale potential. With comparable renovated homes pushing an ARV north of $225, 000, there's ample room for profit. Priced at $135, 000, this property is being offered as-is and is ideal for those ready to bring their vision and expertise to unlock its full potential. Prime location + solid structure + strong ARV = opportunity you don't want to miss.
MLS® Number22097796
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1930
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Living Room:Main FloorNot available
Other:Main FloorNot available
Bedroom 2:Main FloorNot available
Kitchen:Main FloorNot available
Laundry:Main FloorNot available
Bedroom 3:Upper LevelNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 24, 2026List Date
$125,000List Price

Home Appraisal

This property is estimated to sell between: $125,000 and $216,000.
Similar properties in this area sold on average for: $185,344
Expected to sell in 58 days. Similar properties sold in 70 days. This home has been on eXp Realty for 12 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
406 S Butler Ave, Indianapolis, IN

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