243 Iowa Street Indianapolis, IN $ 275,000
243 Iowa Street
$ 275,000
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243 Iowa Street

Indianapolis, IN, 46225
$ 275,000
Bedrooms3 Baths2.0 Sq 1,891

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 1,891 square foot home was built in 1895 on a lot size of 0.1.

PRICE IMPROVED!! Fully renovated from the studs up and move-in ready in the heart of desirable Bates-Hendricks! This impressive 3BR/2BA, 1,763 sq ft two-story home was completely rebuilt over the past year and sits on a street experiencing tremendous redevelopment, with numerous new builds-including several next door and directly across the street. Inside, the open-concept main level features high ceilings, LVP flooring, and a stylish kitchen with dark cabinetry, white quartz countertops, tiled backsplash, and center island. The main-level primary suite offers an updated ensuite bath and sliding glass door leading directly to the covered rear patio, while a separate laundry room adds convenience. Both bathrooms are beautifully finished with oversized tiled showers and striking black and gold hardware. Upstairs are two additional bedrooms plus a versatile open loft/flex space. Outside, enjoy a covered front porch, flat cleared lot, covered rear patio, and brand-new 1-car garage. For investors, Bates-Hendricks supports virtually every strategy, and this property is well suited for either long- or short-term rental use, with its size and layout offering particularly strong STR potential. With the extensive renovation already complete and virtually everything new, ownership should also benefit from substantially reduced near-term CapEx, maintenance, and repair exposure. Minutes from Fountain Square, Fletcher Place, and downtown Indy, this is an outstanding turnkey opportunity for either an owner-occupant or investor!

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Single Family Active

Price

$ 275,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,682

Style

Traditional

Lot Size

0.1

Year Built

1895

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22118595

Features
Interior
Interior Amenities High Ceilings
Basement Cellar
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 0
Laundry Features Connections All Main Level
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 1
Total Baths 2
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General
Heating Forced Air
Cooling Central Air
Possession Closing
Appliances Dishwasher Disposal MicroHood Electric Oven Refrigerator
Garage Spaces 1
Patio/Porch Features Covered
Architectural Style Traditional
Construction Materials Vinyl With Brick
Year Built 1895
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 8
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 4416
Property Attached Y/N N
Current Financing Conventional FHA VA
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/747cf74a-a84d-4d7e-b5ba-f1a2ffae61f0?wl=true&setAttribution=mls&initialViewType=pano https://www.zillow.com/view-imx/747cf74a-a84d-4d7e-b5ba-f1a2ffae61f0?initialViewType=pano
Standard Status Active
Tax Lot 75
Legal Description Kappes & Franks South Add L75
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Exterior
Fencing Partial Privacy
Parking Features Detached
Water Source Public
Foundation Details Cellar
Spa N
Building Area Total 1891
Lot Size Acres 0.1
Waterfront Y/N N
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
Keller Williams Indpls Metro N

Broker

peter@peterstewartrealty.com

Email

Affordability Calculator

$2,123
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,899
Monthly Property Taxes
$224
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
9/17/2026$275,000 -3.51% Price Down
8/26/2026$285,000 -4.84% Price Down
8/11/2026$299,500 Listed Price

Map


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243 Iowa Street, Indianapolis, IN, 46225 is a Single Family Home for sale at $275,000 with 1,891 sqft and a lot size of 0.1. 243 Iowa Street has 3 bedrooms, 2.0 baths, and was built in 1895. The property's zip code is 46225 which is in Indianapolis, IN