Property Description:
This 3-bed, 1-bath home on Boulevard Pl offers a high-upside opportunity in a visibly improving pocket of Indianapolis’ 46208 zip code. Built in 1971, the home spans 1,104 sq ft on a 4,008 sq ft lot and is surrounded by new construction and rehab projects — signaling strong investor and retail buyer demand in the area.
Vacant and ready for transformation, this property is ideal for a full gut renovation. With comparable renovated homes pushing well over $200K, there’s plenty of room to create value.
🛠️ Needs Everything — Full Interior + System Overhaul
This is not a lipstick job. You’ll need to tackle roof, HVAC, plumbing, electrical, windows, kitchen, bath, flooring, and finishes. But with the location and layout, it’s worth the effort. Whether you’re flipping or holding, this one checks the boxes for long-term potential.
📊 What the Market Says
- 2906 Ruckle St – 1,059 sq ft, 2/1 – Sold for $234K on 3/11/25
- 2858 Highland Pl – 1,225 sq ft, 2/2 – Sold for $210K on 1/28/25
- 332 W 26th St – 838 sq ft, 3/1 – Sold for $138K on 2/4/25
These comps support a realistic ARV of $200K+-, especially once fully renovated to today’s buyer expectations.
💵 Asking Price: $110,000
If you’re looking for a full rehab in an area with momentum, this is it. Renovate and ride the wave of surrounding development.