201 Hugo Street Indianapolis, IN $ 125,000
201 Hugo Street
$ 125,000
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201 Hugo Street

Indianapolis, IN, 46229
$ 125,000
Bedrooms2 Baths1.0 Sq 1,860

Monthly Estimate*

$ 863

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Single Family Home for sale in Indianapolis, IN

for $125,000 with 2 bedrooms and 1 full bath. This 1,860 square foot home was built in 1936 on a lot size of 0.2.

Charming 1936 bungalow with honest character. Step onto the covered front porch and into a light-filled living space where original hardwood tells its story in warm, lived-in tones-a home that feels ready to hold endless new chapters upon the floor. It offers the kind of "keep on truckin'" bones that reward a little patience and a lot of vision. The kitchen keeps its vintage warmth, featuring a wood accent wall, classic white cabinetry, a pantry (rare for this era), and room to make it your own. Two cozy bedrooms offer comfortable everyday living, while the unfinished basement holds the real upside: with egress windows added, there's clear potential for two additional bedrooms. With laundry already in the basement, there's fantastic potential to add a second bathroom. Outside, a fully fenced yard, patio, and detached garage pad round out the property. Whether you're looking to move in and update over time or maximize equity through the basement conversion, 201 Hugo St offers a rare blend of classic personality and real potential in Indianapolis. Located in Cumberland, a small town that blends historic charm with suburban-style housing development about 15 miles east of downtown Indianapolis . While the community maintains a hometown feel with a quaint downtown district and annual events, its location along the Interstate 70 corridor has made it the focus of homebuilders and a destination for commuters seeking a quieter alternative to city living.

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Single Family Active

Price

$ 125,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,916

Style

Bungalow

Lot Size

0.2

Year Built

1936

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22124590

Features
Interior
Interior Amenities Attic Access Wood Work Painted Breakfast Bar Paddle Fan Eat-in Kitchen Hi-Speed Internet Availbl Pantry
Basement Unfinished
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 0
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Total Baths 1
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General
Heating Baseboard Forced Air Gas
Cooling Central Air
Utilities Cable Available Natural Gas Available
Possession Closing
Appliances Dryer Electric Oven Washer Electric Water Heater Water Heater Refrigerator
Garage Spaces 0
Patio/Porch Features Covered
Architectural Style Bungalow
Security Features Smoke Detector(s)
Construction Materials Aluminum Siding
Year Built 1936
Township Warren
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Gailcrest
Facing Direction West
Garage Y/N N
Total Rooms 7
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District MSD Warren Township
MLS Area 4905 - Marion - Warren
Lot Size Square Feet 8668
Property Attached Y/N N
Current Financing Conventional FHA FHA 203(k)
Property Condition Fixer
Additional Parcels Y/N N
Standard Status Active
Tax Lot 49-09-03-115-004.000-724
Legal Description Galecrest L188
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Exterior
Exterior Amenities Storage Shed
Fencing Fence Complete Privacy Gate Front Yard
Parking Features Gravel
Lot Features Not In Subdivision Storm Sewer Street Lights Mature Trees
Water Source Public
Foundation Details Block
Spa N
Building Area Total 1860
Lot Size Acres 0.2
Other Equipment Smoke Alarm Sump Pump Satellite Dish
Horse Amenities None
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* Excluded Features
List By
King's Landing Real Estate

Broker

chassidy.king@gmail.com

Email

Affordability Calculator

$1,106
Per Month
78%
22%
0%
Monthly Principal & Interest
$863
Monthly Property Taxes
$243
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
4044999 Elementary School
4045048 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$125,000 -3.10% Price Down
9/28/2026$129,000 -4.44% Price Down
9/16/2026$135,000 Listed Price

Map


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201 Hugo Street, Indianapolis, IN, 46229 is a Single Family Home for sale at $125,000 with 1,860 sqft and a lot size of 0.2. 201 Hugo Street has 2 bedrooms, 1.0 baths, and was built in 1936. The property's zip code is 46229 which is in Indianapolis, IN