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$400,000
-- Bed
3 Baths+ 3 half baths
3,392sqft
2431 Central Ave, Indianapolis, IN 46205
$400,000
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Single Family Residence
Built in 1999
$-- HOA
14,560 sqft lot
$118/sq.ft
Description
Rare redevelopment opportunity in a prime Near Northside location at Fall Creek Place. This property offers multiple value-add strategies, including potential conversion of the existing church structure into a unique residential space or redevelopment of the site. With sufficient lot size to support a possible split since was previously 2 lots, investors may explore building two new construction homes (subject to zoning and approvals). Ideal for builders, developers, or visionaries looking to capitalize on continued growth just minutes from downtown Indianapolis. Currently houses are selling from approximately $500-800,000.
- Houzeo last checked: 4 minutes ago
- Listing updated: July 6, 2026 at 8:20 pm
- Listing Provided by: Archie Nevins , Elizabeth Ramirez | eXp Realty, LLC (888) 611-3912
- Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22099569
Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
Year Built
1999
HOA Fees
-
Finished Area
3,392 sqft
Lot Size
14,560 sqft lot
Basement Area
- sqft
MLS Name
Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS
MLS Number
22099569
MLS Status
Pending
Days on Market
88
Cumulative Days on Market
12
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