About This Home
This 3-bedroom, 2-bathroom single family at 1058 S Sheffield Avenue in Indianapolis, IN is listed for $100,000 ($45 per sqft). Built in 1913, the home offers 2,232 sqft of living space on a 0.13 acres lot.
Key Features
- Built in 1913
- 0.13 acre lot
- 2 stories
Property Details
Value-add opportunity in West Indianapolis. This oversized 3-bedroom, 1.5-bathroom fixer-upper offers a substantial 2,230 SqFt canvas ready for a full remodel. The traditional layout features original hardwood floors, newer vinyl windows, kitchen with built-in cabinets, a sizable pantry, and a dedicated main-floor laundry room with built-in cabinetry.
The upstairs provides a versatile additional living area or a potential additional bedroom with built-in storage solutions. Outside, the property features a fully fenced backyard and a rare, oversized two-car garage. Located within walking distance to the recently improved Rhodius Park, this home positions you perfectly to capitalize on major local investments and economic developments like the new Elanco Headquarters and Lilly Endowment Grant.
Recent neighborhood sales of updated homes support retail values pushing into the upper $100s, offering potential equity upside for an investor or ambitious homeowner. Cash or hard money terms only.
Monthly Cost Estimate
$535/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1058 S Sheffield Avenue
Indianapolis, IN 46221
No Subdivision
Features & Amenities
Interior Features
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 2-bathroom single family at 1058 S Sheffield Avenue is listed at $100,000 ($45/sqft). The estimated monthly payment is $535 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1913, 0.13 acre lot, 2 stories. Interior Features: Attic Access, Hardwood Floors, Pantry.
This property is listed by Ryan Boyd and can be reached at (317) 679-6330.
