1432 Lexington AVE Indianapolis, IN 46203 New

UPDATED: 03/23/2026 01:08 PM ON MARKET: 3 days on market

$150,000

2 Beds2 Baths2,478 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,478 sqft

Price per Sqft $60

Subdivision Spann & Cos 2Nd Woodlawn Add

MLS Listing ID 22090443

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1900

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Single Family Residence

Property Description

What we have here is an EXCELLENT opportunity for someone with vision (and cash) to reinvent a gem in the heart of Fountain Square! Located on one of the most lovely streets in the neighborhood, this turn-of-the-century gal is ready for her transformation. She's been a rental for a long, long time; and no one has ever really considered the potential she has to become a spacious, modern beauty. With some floor plan alterations, she can be a magnificent 3BR/2.1BA home with a primary suite on the main floor and a gracious open floor plan for entertaining and daily living. Her detached garage & workshop frames the backyard ripe for a courtyard patio (think string lights & potted plants & a grill simmering nearby on a lovely summer evening), and the two enclosed porches at front & rear offer opportunities for incremental living spaces, such as an office, library, breakfast room or whatever you need. Bring your vision & your hardhat, and let's see what you can do to unearth the potential that will make her shine. An anticipated resale value between $325,000-350,000! ** ALL OFFERS DUE BY NOON 3/23/2026 **