09/17/2026
๐๏ธ INDIANAPOLIS VALUE-ADD OPPORTUNITY โ 3 PARCELS & 2,646 SF! ๐ฅ๐
๐ 3956 Boulevard Pl, Indianapolis, IN 46208
๐ฐ $132,000
Investors, here's a unique opportunity with 4 bedrooms, 2 bathrooms, 2,646 SF, and 3 total parcelsโincluding an additional vacant lot with potential room for a garage. ๐๐ก
๐จ Full Rehab Opportunity
๐ก Property Details:
โข 4 Bedrooms | 2 Bathrooms
โข 2,646 SF
โข Unfinished basement
โข 3 total parcels
โข Additional vacant lot
โข Kitchen on both levels
โข Potential duplex configuration
๐ง Major Features:
๐ Roof โ ~7 years old
๐ฅ Furnace โ ~6 years old
โ๏ธ A/C โ ~6 years old
๐ฟ Water Heater โ ~6 years old
๐ช Downstairs windows โ ~7 years old
๐ช Upstairs windows โ ~1 month old
๐ง City water & sewer
๐ฅ Citizens Gas
โก AES Electric
๐ก INVESTMENT POTENTIAL:
This property offers several possible strategies:
๐ Renovate as a single-family home
๐๏ธ Explore the potential duplex configuration
๐๏ธ Utilize the upstairs kitchen and reconfigure the layout
๐ Take advantage of the additional vacant parcel for potential garage use
๐ Nearby Comparable Sales:
๐ก 4062 Rookwood Ave โ 3/1.5 | 1,792 SF | $300K | Cash, 1 DOM
๐ก 3936 Graceland Ave โ 4/2.5 | 1,970 SF | $330K
๐๏ธ 4047 Boulevard Pl โ Duplex | 1,856 SF | $350K | 30 DOM
๐๏ธ 505 W 40th St โ Duplex | 2,496 SF | $150K | Cash, As-Is
๐ก 422 W 40th St โ 5/3.5 | 3,340 SF | $437K | 30 DOM
๐ฅ At just $132K, this property offers a large footprint, multiple parcels, and several potential ways to add value.
๐ฒ Message us or call/text (317) 653-6245 for access details.
โ ๏ธ Sold AS IS, WHERE IS. Buyer responsible for inspections and due diligence. Highest and best offer.
๐ฐ Cash โ $5,000 non-refundable EMD
๐ฐ Hard Money โ $10,000 non-refundable EMD
Buyer pays closing costs, owner's title insurance, and applicable taxes.
๐ค Realtors welcome โ add your commission on top of the advertised purchase price.