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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 31 N Linwood Avenue in Tuxedo Park, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

Investor special! Welcome to 31 N Linwood Ave, a large 5-bedroom, 2-bath home with over 2,300 sq ft of living space and a 588 sq ft unfinished basement, located in the well known Bosart Brown neighborhood on Indianapolis' near eastside. This property is a full-scale rehab project and is perfect for seasoned investors looking for their next flip, BRRRR opportunity, or long-term rental hold. The home needs a complete renovation from top to bottom but offers incredible potential with its generous square footage and flexible layout. Section 8 rental comps suggest this property could generate over $2,500/month, making it a strong candidate for high cash flow once fully renovated. The spacious backyard includes a gravel parking area for off-street parking, and there's additional upside with the potential to build a carriage house or third unit in the rear (subject to city approval). Located just minutes from downtown and near other revitalizing neighborhoods, this is a rare chance to buy low and build value. Sold as-is, seller will make no repairs. Cash or hard money financing only. Don't miss out on this opportunity to bring new life to a classic near-eastside home-schedule your showing and start planning your next investment move at 31 N Linwood Ave!

Listed by Peter Stewart· Keller Williams Indpls Metro N· MLS# 22053152
SoldSold in 2 days

$99,000

5Beds
2Baths
2,372Sq Ft

Investor special! Welcome to 31 N Linwood Ave, a large 5-bedroom, 2-bath home with over 2,300 sq ft of living space and a 588 sq ft unfinished basement, located in the well known Bosart Brown neighborhood on Indianapolis' near eastside. This property is a full-scale rehab project and is perfect for ...

Listed by Peter Stewart· Keller Williams Indpls Metro N· MLS# MBR22053152

2,372

Sq Ft

1920

Year Built

5

Bedrooms

2

Bathrooms

Key things to know

  • Sold at list price in 2 days
  • Basement
  • Tuxedo Park subdivision

Sold

$99,000

Closed
Aug 27, 2025
Sold
8 months ago
Sold in
2 days

Price history

  1. Sold$99,000

    Aug 27, 2025

  2. Listedat $99,000

    Aug 5, 2025

Sold
6
Median price
$90,000
Median DOM
75 days

Comparative value

5 comps in this range

This home is 57% below median for similar nearby sales.

$129K$531KMedian $230K
$99K

FEATURES & AMENITIES

Interior

High CeilingsEntrance FoyerEat-in Kitchen

Climate

Heat: Forced AirHeat: Natural GasCool: None

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $99,000Listed· Aug 5, 2025

2 days on market

Layout

Main
114 rooms1,196 sq ft
Upper
414 rooms1,176 sq ft

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis3.5 mi
    • Monon Trail (Carmel)13.1 mi
    • IU Health North Hospital13.3 mi
    • Carmel High School13.7 mi
    • Carmel Central Park14.0 mi
    • Fishers High School14.2 mi

    PROPERTY DETAILS

    Living Area

    2,372 sq ft

    Year Built

    1920

    Stories

    Two

    Subdivision

    Tuxedo Park

    Bedrooms

    5

    Bathrooms

    2 full

    School District

    Indianapolis Public Schools

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