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ABOUT THIS HOME
Welcome to an exceptional opportunity in the heart of one of Indy's most sought-after neighborhoods-Bates-Hendricks! This rare all-brick, 5-bedroom, 2 full bath home offers the perfect blend of historic character, size, and investment potential. With 2,842 square feet across the main and upper levels, this property is a true diamond in the rough-ideal for investors, house hackers, or buyers looking to create their dream home in a rapidly appreciating area. Step inside and envision the possibilities. The home features a unique layout with a separate upper-level living space, complete with 2 bedrooms, a full bath, and its own kitchen, making it perfectly suited for multi-generational living, rental income, or a duplex-style conversion. A side deck w/ private entrance enhances the flexibility and privacy of the upstairs unit-an incredibly desirable feature. Outside, you'll find amenities that are nearly impossible to come by in this neighborhood: A detached 1-car garage (a rare find in Bates-Hendricks) Gravel parking pad with space for 4 vehicles And the crown jewel-the adjacent vacant lot at 272 E Caven St can be INCLUDED in the sale w/ the right offer. This additional lot provides endless possibilities: expand the existing home, build new construction, create a private outdoor oasis, or hold as a long-term investment. Opportunities like this-side-by-side parcels in Bates-Hendricks-are extremely scarce. Located just minutes from downtown Indy, Fountain Square, and major highways, you're perfectly positioned to enjoy the growth, development, and vibrant community that make this area one of the city's hottest markets.
$225,000
Welcome to an exceptional opportunity in the heart of one of Indy's most sought-after neighborhoods-Bates-Hendricks! This rare all-brick, 5-bedroom, 2 full bath home offers the perfect blend of historic character, size, and investment potential. With 2,842 square feet across the main and upper level...
2,842
Sq Ft
1951
Year Built
5
Bedrooms
2
Bathrooms
Key things to know
- Sold 4.4% below list in 5 days
- Basement
- Hildebrands subdivision
Sold
$215,000
-$10,000 below list (-4.4%)
- Closed
- Apr 14, 2026
- Listed at
- $225,000
- Sold
- 4 weeks ago
- Sold in
- 5 days
Price history
- Sold$215,000
Apr 14, 2026
- Listedat $225,000
Mar 21, 2026
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Comparative value
5 comps in this range
This home is 47% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$225,000Listed· Mar 21, 2026
5 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis1.8 mi
- Monon Trail (Carmel)15.0 mi
- Carmel Central Park15.4 mi
- Carmel High School15.7 mi
- IU Health North Hospital15.7 mi
- Zionsville Community HS16.0 mi
PROPERTY DETAILS
Living Area
2,842 sq ft
Year Built
1951
Stories
Two
Subdivision
Hildebrands
Bedrooms
5
Bathrooms
2 full
Garage
1 spaces
School District
Indianapolis Public Schools

