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$239,700 -

1218 Union Street Indianapolis IN 46225

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.07
Acres

Seller Financing Available: Proposed Terms: Loan Amount $203,745, Monthly Payment $1,221.55, Interest Rate 6%, 5 year term. EMD $1,500 non refundable submitted first day of acceptance of a purchase sales agreement. Property foundation inspection report on file. Price is reflective to discount original asking price to account for the foundation repairs. Discover Indy Old Southside Location Proposed use for Airbnb less than 1 mile from Lucas Oil Stadium. 1/2 Mile from Eli Lilly Corporate Offices. 2 miles from White River Gardens Concert Venue. 1 mile from Indiana Convention Center. 2.5 miles from IU Health Hospital and Riley Children's Hospital. 3 miles from Eskenazi Hospital. 1/2 mile access to Interstate 70. 10 miles or 15 minutes from Indianapolis International Airport. Airbnb Rental Ranges: from $36 per night to $187 per night in the Winter Season. This 7 bedroom, 4 bathroom, 2 kitchen, 2 Laundry single family home is currently classified under class 419 Other Com Housing in Public Records. There are 3BR, 2 full BA downstairs; 4BR, 2 full BA upstairs. No current leases in place. The property comes equipped with Central Air (new 2020), 2 water heaters (new 2020), heat pump (new 2020), newly insulated exterior walls. Painted with new flooring (2022). All furniture stays with the property. Property being sold as-is, furniture included. HIT Man solution foundation repair work estimate on file. Property currently occupied with a caretaker that cleans and maintains the site (no lease in place).

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Property Details

Price: $239,700 Previously: $239,700 Originally: $255,319 Bathrooms: 0.00 MLS #: 21985855 Year Built: 1940 Township: Center Type: Residential Income Zip Code: 46225 City: Indianapolis Subdivision: Mccartys South Add County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.07

Listing Office: Fair Market Value Investment Sales

Office Contact: davidorton@fmvrei.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on March 12th, 2025 at 12:01pm EDT.

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