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1401 Castle Avenue Indianapolis IN 46227
- 4
- Bedrooms
- 3
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.28
- Acres
This property is a double threat, it would make a great property to make your future primary residence, great quiet neighborhood and beautiful corner lot with great yard or purchase as an investment property and rent to University of Indianapolis students, home was previously rented to 6 students and market rate is currently $500 per student. That's 3,000 per month in income and current owner is always getting calls to rent this property, its only 5 minute walk to campus. This is a great ranch style, limestone exterior 4 bed 2.5 bath home very spacious in size with finished basement area and 2 car attached garage, fenced in back yard. Interior has large family room, separate dining area and a fireplace on the first floor and in the finished basement. This property can also qualify for 100% financing with no mortgage insurance with a 680 credit score....feel free to ask for more information on this program.
Property Details
Interior Features
- Appliances: Dishwasher, Dryer, MicroHood, Gas Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
- Cooling: Central Electric
- Heating: Forced Air, Gas
Exterior Features
- Setting / Lot Description: Corner Lot, Sidewalks, Street Lights, Mature Trees
- Porch: Breeze Way, Porch Open
- # Acres: 0.28
Listing Office: Victory Realty Team
Office Contact: shane@victoryrealtyteam.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 5th, 2025 at 10:46pm EST.
