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🔥 2BR Condo Flip Opportunity – 3036 Lake Shore Dr a, Indianapolis, IN 46205 For Sale

  • $62,500
  • 2 beds
  • 2 baths
  • 1347 sqft
Value-add condo opportunity in the Heron Lake community with strong upside and low entry price 📈

This 2 bed, 2 bath condo offers 1,347 sq ft, providing a spacious layout compared to many units in this price range — ideal for both resale or long-term rental strategies

Property Condition: Needs updates — kitchen, bathrooms, flooring, paint, and additional improvements.

🔧 Mechanics:

  • Furnace — 5 years old 🔥
  • A/C — 5 years old ❄️
  • Water Heater — Unknown 🚿
  • Vinyl Windows 🪟
  • Slab foundation

🏢 HOA covers water, sewer, trash, and roof
🚗 Detached carport included
🔌 Electric through AES (no gas)

📌 Rental Notes:
Long-term rentals allowed (no short-term/Airbnb)

With strong square footage, HOA-covered utilities, and a low entry price, this property presents a solid opportunity for investors looking to force appreciation and generate rental income 🔑💸

Please do not disturb the occupants. Contact us for access details.All of our properties are sold “AS IS, WHERE IS” and buyer is responsible for their own due diligence before purchase. Our properties sell quickly to our highest and best offer. We require a signed purchase agreement and $5000 non-refundable earnest money upon acceptance to lock up the deal. This house is being offered for all cash. Also, it is our company policy that the buyer pays for all closing costs including title insurance fee, and assumes taxes due in November or May of this year. All information provided has been gathered to the best of our knowledge. However, we make no representations of any kind and buyer is responsible for conducting their own research before submitting an offer. If you are interested in viewing this property, please respond to this email or contact me at 317-653-6245.

Realtors, we love working with you, please add your fee on top of our price.

Price:
$62,500
Address:
3036 Lake Shore Dr A
Indianapolis, Indiana 46205
Square Feet:
1347
Bedrooms:
2
Bathrooms:
2
Terms:
For Sale
Property Type:
Condo
Year Built:
1954

Call 317.653.6245 for more details

Property Location