Indianapolis, IN 46202

This is your chance to acquire a fully updated 5-bedroom Victorian in one of Indianapolis's hottest gentrifying corridors — Bellefontaine St in the Near Northside. Kitchen, bathrooms, flooring, and plumbing allupdated. New HVAC, water heater, and furnace. Roof 5–10 years.Half-finished basement. Every renovated comp on this street sold between $459K–$500K.

📍 PROPERTY DETAILS:

• 🏡 Property Type: Single Family – 2-Story Victorian
• 📐 Size: 2,101 SqFt (above grade) | 2 Stories + Half-Finished Basement
• 🛏 Beds/Baths: 5 Beds / 1 Bath (as-is)
• 📅 Year Built: 1890 (Effective Year: 1950)
• 🌲 Lot Size: 5,009 SqFt | 38 x 132 ft
• 📍 Location: Near Northside, Indianapolis IN 46202
• 🌟 Special Features: Monon Trail access, MLK Park, Mass Ave corridor

✨ PROPERTY HIGHLIGHTS:

✔️ OFF-MARKET – Ready for assignment now

✔️ Kitchen, bathrooms, flooring & plumbing all updated

✔️ HVAC brand new (1 yr old) | Water heater & furnace under 5 yrs

✔️ Roof 5–10 years – no immediate replacement needed

✔️ Half-finished basement – value-add potential

✔️ Every comp within 0.4 mi sold $429K–$597K renovated

✔️ Largest GLA of any comp – 2,101 sqft above grade

✔️ Intrafamily transfer Jan 2025 – motivated seller

✔️ Steps to Monon Trail, MLK Park, CFI School 27

✔️ 5 min to Mass Ave, Bottleworks, Downtown Indy

✔️ New builds on Bellefontaine at $700K+ – trajectory confirmed

✔️ No HOA | No restrictions | Clean assignment structure

🔧 SYSTEMS & CONDITION:

• ❄️ HVAC: Brand new – under 1 year old
• 🚿 Water Heater: Under 5 years old
• 🔥 Furnace: Under 5 years old
• 🏠 Roof: 5–10 years old – no immediate replacement needed
• 🏗 Basement: Half finished – additional value-add opportunity
• 🍳 Kitchen: Updated within last 10 years
• 🛁 Bathroom: Updated within last 10 years
• 🪵 Flooring: Updated within last 10 years
• 🚿 Plumbing: Updated within last 10 years
• 🔨 Renovation Status: Not currently in renovation – ready to transact now

🛠 REPAIRS NEEDED:

• Heavy rehab. Quoted at 100K to 120K
• Add 2 full baths (comps have 2.5–3 baths)
• Add detached 2-car garage (all comps have one)
• Finish basement to maximize value
• Light pre-1890 inspection items – electrical & structural

📈 COMPS:

1. 2023 Broadway St, Indianapolis IN 46202

🔹 4 Bed / 2.5 Bath | 2,128 SqFt M/U | Full Reno 2019 | Built 1900

🔹 Sold for $597,000 on 05/29/2026 | 43 DOM | $280.55/sqft

2. 2114 Broadway St, Indianapolis IN 46202

🔹 4 Bed / 2.5 Bath | 1,984 SqFt M/U | Updated | Built 1921

🔹 Sold for $437,000 on 06/15/2026 | 3 DOM | $220.26/sqft

3. 2026 Carrollton Ave, Indianapolis IN 46202

🔹 3 Bed / 3 Bath | 2,048 SqFt M/U | Remodeled 2018 | Built 1900

🔹 Sold for $480,000 on 04/02/2026 | 162 DOM | $234.38/sqft

💰 INVESTOR UPSIDE:

• ARV = $460,000+ | Comp ceiling $597, Broadway)
• Gross flip profit est. $150,000–$200,000 after light renovation
• Rental income est. $1,800–$2,400/mo – 5-bed Near Northside
• New HVAC/furnace/WH = zero capex for buy-and-hold investors
• Finish basement to add livable sqft and push ARV higher
• Add 2-car garage = full comp parity at $480K–$597K
• Gentrification momentum – new builds on Bellefontaine at $700K+

📞 TAKE ACTION NOW!

Deals like this don't last long in Near Northside Indianapolis!

📲 Call/Text: Nick (

📧 Email:

💡 Tip: "You miss 100% of the shots you don't take."

Lock this up today or someone else will.