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Indianapolis, IN, 46237 • Galludet • Marion County
$122/sqft
3Beds
2Baths
1,230Sqft
0.61 acLot
1954Built
Ranch,Traditional Style
Built 1954 · 72 years of history
No Subdivision
Galludet
Outdoor Living
Deck
Storage
Storage
2-Car Garage
Attached
Demand and pricing signals for this listing
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27 days on market
Recently listed
$122/sqft
Price per square foot
Single Family · Built 1954
*UPDATE - Multiple offers received. Seller is requesting highest and best offers. All offers must be submitted by Tuesday, March 3rd at 12:00 PM*.Rare Fixer-Upper Opportunity in Franklin Township - ideal for investors, flippers, or contractors ready to take on their next renovation project. This 1954-built, 3-bedroom, 1.5-bath ranch offers approximately 1,230 square feet of main-level living space and is primed for a full transformation. The roof and water heater were replaced in 2021, providing a solid starting point for your rehab plans. (Electric Furnace approx. 2012 and Outdoor heat pump unit approx. 2014) Situated on nearly 2/3 of an acre, the oversized lot significantly enhances the upside potential. The fenced backyard, storage barn, and mini greenhouse offer flexibility for future improvements and strong resale appeal. An asphalt driveway with a turnaround area provides convenient access and ample parking. The home sits on a crawl space, allowing easier access for plumbing, utility reconfiguration, and mechanical updates - a practical advantage for renovation planning. Located close to local dining, shopping, and major commuter routes, the property offers quick connectivity to the greater Indianapolis area, adding to its long-term value and marketability. Whether you're pursuing a fix-and-flip, BRRRR strategy, or a long-term hold with forced appreciation, this property presents a compelling opportunity to unlock significant value in a desirable and growing area.
Standout features identified
Our analysis highlights fenced backyard, mini greenhouse, and oversized lot as key attractions of this home.
Based on current rates
Est. 6.83% rate · 30yr fixed · $120,000 loan
Full calculator →Key facts and listing details
8 categories of property features
5 rooms detailed
Master Bedroom
MainBedroom2
MainBedroom3
MainKitchen
MainLiving Room
MainMarket data and value estimates
3 schools rated nearby
Indianapolis, IN, 46237
4 events
23 years of records
Local context around this listing
Indianapolis, IN • Marion County
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Based on information submitted to the MLS GRID as of 2026-04-09 06:17:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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