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🔥 New Roof + Furnace + Water Heater 💰 – 3531 N Bancroft St, Indianapolis, IN 46218 For Sale

  • $110,000
  • 3 beds
  • 2 baths
  • 1112 sqft

Strong value-add opportunity in Tatman Manor with major mechanical updates already completed and solid resale comps in the area 📈

This 1949-built single-family home features 3 bedrooms, 2 full baths, and 1,112 sq ft, along with a finished basement and a 2-car detached garage — key features that boost both resale and rental appeal.

Nearby renovated properties have reached $200K+, supporting the upside potential.

🔧 Major Updates (All ~6 Months Old):

  • Roof 🏠
  • Furnace 🔥
  • Water Heater 🚿

Additional Features:

  • A/C — Window units ❄️
  • Windows – wood & vinyl 🪟
  • Finished basement 🧱

🚗 2-car detached garage
🌳 7,492 sq ft lot
🔌 Utilities through AES & Citizens (electric, gas, water, sewer)

With big-ticket items already replaced, this property allows investors to focus on cosmetic upgrades and maximizing value in a proven resale pocket 🔑💸

Recent Neighborhood Comps
3440 N Emerson — 2/1, 832 SF, As-Is — SOLD $115K
3505 N Emerson — 3/1, 972 SF, As-Is, 41 DOM — SOLD $115K
3417 N Dequincy — 3/2, 720 SF, 6 DOM — SOLD $211K
4902 E 34th — 3/2, 792 SF, 4 DOM, Cash — SOLD $200K

 

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:
$110,000
Address:
3531 N Bancroft St
Indianapolis, Indiana 46218
Square Feet:
1112
Lot Size:
7492
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1949

Call 317.653.6245 for more details

Property Location