261 E Minnesota Street Indianapolis, IN $ 275,000
261 E Minnesota Street
$ 275,000
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261 E Minnesota Street

Indianapolis, IN, 46225
$ 275,000
Bedrooms3 Baths2.0 Sq 1,567

Monthly Estimate*

$ 1,899

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Single Family Home for sale in Indianapolis, IN

for $275,000 with 3 bedrooms and 2 full baths. This 1,567 square foot home was built in 1900 on a lot size of 0.1.

Turnkey and rental-ready in the heart of historic Bates-Hendricks, this updated 3-bedroom, 2-bath home offers an excellent opportunity for an investor, short-term rental operator, or owner-occupant looking for a move-in-ready property near Downtown Indianapolis. The extensively renovated interior features new flooring throughout, fresh paint, updated lighting, new countertops and backsplash, a center island, updated bathroom vanities, and a remodeled primary en-suite with a walk-in shower. Outside, recent improvements include a new concrete sidewalk, spacious back patio, and fresh landscaping-creating an inviting outdoor space with minimal upfront work for the next owner. Ideally positioned just minutes from Fountain Square, Lucas Oil Stadium, Gainbridge Fieldhouse, the Indiana Convention Center, Eli Lilly, Mass Ave and the heart of Downtown Indianapolis, the location provides convenient access to some of the city's largest employment, entertainment, dining and event destinations. Whether added to a long-term rental portfolio, positioned as a furnished or short-term rental, or enjoyed as a primary residence, this property combines extensive updates, a flexible 3-bedroom layout and a highly convenient urban location.

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Single Family Active

Price

$ 275,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,830

Style

Ranch

Lot Size

0.1

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22110932

Features
Interior
Interior Amenities Attic Access High Ceilings Kitchen Island Entrance Foyer Eat-in Kitchen
Basement Unfinished
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 0
Laundry Features Main Level
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 3
Total Baths 2
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General
Heating Forced Air Gas
Cooling Central Air
Possession Closing Negotiable
Appliances Dishwasher Electric Water Heater Disposal Microwave Electric Oven Refrigerator
Architectural Style Ranch
Construction Materials Wood Siding
Year Built 1900
Township Center
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Kappes & Franks South
Facing Direction North
Garage Y/N N
Total Rooms 7
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 4400
Property Attached Y/N N
Property Condition Updated/Remodeled
Virtual Tour https://tour.luxehomesmedia.com/261_e_minnesota_st-6089
Standard Status Active
Tax Lot 49-11-13-171-005.000-101
Legal Description Kappes & Franks South Add L13
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Exterior
Fencing Full Privacy
Water Source Public
Foundation Details Block
Building Area Total 1567
Lot Size Acres 0.1
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
Compass Indiana, Llc

Broker

kelli.bastin@compass.com

Email

Affordability Calculator

$2,135
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,899
Monthly Property Taxes
$236
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$275,000 -1.43% Price Down
8/13/2026$279,000 -2.11% Price Down
7/8/2026$285,000 Listed Price

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261 E Minnesota Street, Indianapolis, IN, 46225 is a Single Family Home for sale at $275,000 with 1,567 sqft and a lot size of 0.1. 261 E Minnesota Street has 3 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 46225 which is in Indianapolis, IN