1542 S Alabama St

Indianapolis, IN 46225
List Price
$339,900
1542 S Alabama St
1542 S Alabama St - Image 2
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Electric Indy

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Savvy Recommended Upgrades

Install Hot Tub

Est. $10,000Additional 5k -10k annually

About This Property

Seller Financing Available! No traditional bank approval required. Buyers must provide a down payment and proof of income. Terms, including interest rate and repayment schedule, will be determined based on the buyer's qualifications and down payment. Don't miss this excellent opportunity in the heart of the historic Bates-Hendricks neighborhood! Located in the heart of the highly sought-after Bates-Hendricks neighborhood, this beautifully appointed 2-story home offers the perfect blend of historic charm, modern comfort, and unbeatable convenience to downtown Indianapolis. Featuring over 2,300 square feet of living space, this spacious residence includes 4 bedrooms and 3 full bathrooms, plus a half-bathroom on the main level, designed for comfortable living and entertaining. The main-level primary suite provides exceptional convenience and privacy, complete with a stunning ensuite bath that creates the perfect retreat. Upstairs, you'll find two generously sized bedrooms, each offering their own private full bathroom - ideal for room mates, guests, family members, or multi-generational living. Step outside to enjoy the large private wooden rear deck overlooking the fenced backyard with a wooden privacy fence, providing a secure space for children or fur babies to play. The detached 2-car garage includes built-in shelving and a workbench for the DIYer, while the gated rear access adds both convenience and security. Enjoy one of Indianapolis' most desirable urban lifestyles with an approximately 8-minute bike ride to Eli Lilly and Company World Headquarters and only minutes from Monument Circle and all that downtown Indianapolis has to offer. Don't miss this rare opportunity to own a beautiful home in one of Indianapolis' most historic and vibrant neighborhoods!

Property Details

4
Bedrooms
4
Bathrooms
2,899
Square Feet
1900
Year Built
0.12 ac
Lot Size
Single Family
Property Type

Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Jason Royer
Jason Royer
Savvy STR Agent

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Jason Royer

Jason Royer

STR Investment Specialist

Indianapolis, IN

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Listing agent: Fred McIntire. Listing courtesy of Keller Williams Indy Metro S. Information deemed reliable but not guaranteed.

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