$125,000
For Sale

208 N Tacoma Avenue

Indianapolis, IN 46201
2887 sqft | 3 beds | 2.5 baths | 0.12 acres | #22002455
Listing OfficeKeller Williams Indpls Metro N
Browse 20 photos
Type:Purchase
Structure:House
Zone:Residential

Description

INVESTOR ALERT! FIRE SALE!! DISTRESSED PROPERTY!! The sellers loss is your gain! Short sale subject to lender approval, and seller expects a quick response from lender. Property was purchased for $133k and has had $40-50k in work done including a new garage pad. Completion plans and scope of work can be provided by seller. Step in and complete a promising flip in one of Indy's most sought-after revitalizing neighborhoods on the near eastside. This spacious 3-bedroom, 2.5-bath home boasts nearly 2400sq ft of finished living space and is ideally located just minutes from downtown. Surrounded by lots of new construction and remodeled homes, it sits right in the path of progress-an excellent investment for those looking to capitalize on the area's growth. The heavy lifting has been done: the property has been taken down to the studs, framed, drywalled, with electrical and plumbing rough-ins already completed. A brand-new roof and siding are in place, giving you a head start. Customize the final finishes and maximize your returns! A large concrete pad in the back offers the potential for a garage or ADU, adding an additional value-add opportunity for savvy investors. With its prime location, this property is perfect for a variety of investment strategies-whether you plan to flip, rent, or tap into the city's booming short-term rental market. Don't miss this chance to invest in a fast-growing, high-demand area!

  • Property Details
      • FoundationConcrete Perimeter, Block, Brick
      • School DistrictIndianapolis Public Schools
      • Property SubtypeSingle Family Residence
      • SubdivisionOgle Etal East Park
      • Utility SourceMunicipal/City
      • InteriorWindows Vinyl
      • BasementUnfinished
      • Property TypePurchase
      • Original List Price$199,000
      • MLS #22002455
      • MLS #22002455
      • CountyMarion
      • Cost125000
      • Property ConditionFixer
      • Acres0.12
      • Square Feet2887
      • Year Built1977
      • Bathrooms2.5
      • Bedrooms3
      • Full Baths2
      • Half Baths1

Location

Bernie GoodmanGoodman Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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