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🔥 Cute House with 4 Lots 🚀 – 3553 Shelby St, Indianapolis, IN 46227 Pending

  • $85,000
  • 2 beds
  • 1 baths
  • 984 sqft
Pending
Vacant single-family opportunity in Woodlawn Gardens with serious upside thanks to four total lots — nearly half an acre (.48 acres / 20,736 sq ft combined) 🏡

With 984 sq ft, 2 bedrooms, 1 bath, and a 1-car detached garage, this 1925 home presents a manageable rehab opportunity with land value as a major bonus.

⚖️ Land Value:
Recent smaller nearby lot sold for $8,500 . Three active lots currently listed around $25K. This property includes larger additional lots, giving flexibility for resale, hold, or potential development play 📈

🔌 Utilities through AES & Citizens (electric, gas, water, sewer)

🚗 1-car detached garage
🏗️ Basement offers storage or value-add finishing potential

This one works as a flip with bonus land upside or a long-term hold with redevelopment potential — rare to get this much land in Indy at this price point 🔑💸

Recent Neighborhood Comps-
1336 Norton Ave – SOLD 155k (2 Bed,1 Bath)

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:
$85,000
Address:
3553 Shelby St
Indianapolis, Indiana 46227
Square Feet:
984
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1925

Call 317.653.6245 for more details

Property Location