Price Reduction
502 E 23rd Street Indianapolis, IN
$ 670,000
Property Attributes
  • MLS#21806609
  • TypeSingle Family
  • CountyMARION
  • CityIndianapolis
  • AreaCenter NE
  • NeighborhoodFALL CREEK PLACE
  • Zip46205
  • StyleTraditonalAmerican
  • Year Built1910
  • Taxes$ 4694
  • Price$ 670,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3040
  • Lot Size0.689 Acres
Listing Provided Courtesy Of:
Murphy Hendy with Maywright Property Co.
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

Attention Investors & Developers! An exceptional opportunity to develop on 30,030 sq ft of available land in Fall Creek Place, outside of IHPC jurisdiction! This property boasts 0.689 acres of sunny earth, situated on the NE corner of 23rd & Central. Property is currently 1 parcel (165x182) but has potential to be divided into 4 lots (41 ft of frontage each along Central or 45 ft of frontage each along 23rd St). An alley runs along the east side of the lot, providing easy access for future building. There is a duplex on the SW corner of the lot, included As-Is. The 1910 structure is a combined 2,280 sq ft w/6 BDs & 3BAs. Duplex is in need of a complete rehabilitation or demolition. A very rare opportunity to build-out the entire corner!

Price History
8/18/2021 Listed $690,000
1/4/2022 3% - $670,000

General Features

Appliances None
Architectural Style TraditonalAmerican
Basement Unfinished
City Indianapolis
Construction Materials Vinyl Siding, Wood
Contingency Act with no Contingency
Cooling Central Air, Ceiling Fan(s)
County Marion
Current Financing Conventional, FHA 203(k)
Days on Market 144
Directions Head north on Central Ave from 16th St, property is located at the corner of 23rd and Central Ave on the east side of street.
Disclosures Not Applicable
Garage Y/N No
Heating Forced Air
Interior Features Attic Stairway, Hardwood Floors, Windows Vinyl
Levels Two
MBR_SchoolDistrict Indianapolis Public Schools
New Construction No
Possession Negotiable
Property Attached Y/N No
Property SubType Single Family Residence
Property Type Residential
Sewer Sewer Connected
Standard Status Active
Status Active
Street Name 23rd
Subdivision Name FALL CREEK PLACE
Tax Year 2021
Total Rooms 8
Township Center NE
Year Built 1910

Interior Features

Basement (Y/N) Yes
Fireplace Features Non Functional
Full Baths 3
Street Suffix Street
Total Baths 3
Total Bedrooms 6
Total Fireplaces 2

Exterior Features

Building Area Total 3040
Foundation Details Brick, Full
Lot Size Acres 0.689
Other Equipment Sump Pump
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46205

AVG $400K
AVG $3,204
AVG 63
Year Built
AVG 1932
AVG 50
Data Provided by Walkscore ® not using MLS data

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