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🏚️ Full Rehab Opportunity with Huge Spread 🚀 – 1019 S Holmes Ave, Indianapolis, IN 46221 For Sale

  • $70,000
  • 4 beds
  • 1 baths
  • 1220 sqft

Strong value-add opportunity in the John S Spann & Co area with 4-bedroom potential and a large spread for investors looking to take on a full rehab 📈

This 1950-built single-family home offers 1,220 sq ft4 bedrooms, 1 bath, and an unfinished basement, making it a solid candidate for a high-demand rental or flip strategy.

Property Condition: Full renovation opportunity.

🔧 Mechanics:

  • Furnace — 5–10 years old 🔥
  • A/C — 5–10 years old ❄️
  • Water Heater — 2 months old 🚿
  • Windows — 13 years old 🪟
  • Unfinished basement foundation 🧱

🌳 .13-acre lot
🔌 Utilities through AES & Citizens (electric, gas, water, sewer)

With 4-bedroom layout potential, this property stands out in a market where most comps are smaller homes — offering a unique opportunity to maximize rental income or resale value after renovation 🔑💸

Recent Neighborhood Comps-

1123 S Pershing – 3 bed / 1 bath, sold for $95,000 (rental property)
1131 S Pershing – 3 bed / 1 bath, sold for $166,000
855 S Sheffield – 3 bed / 1 bath, sold for $185,000

Please do not disturb the occupants. Contact us for showing 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:
$70,000
Address:
1019 S Holmes Ave
Indianapolis, Indiana 46221
Square Feet:
1220
Bedrooms:
4
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1950

Call 317.653.6245 for more details

Property Location