Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 4-bedroom, 4-bathroom single family at 1542 S Alabama Street in Indianapolis, IN is listed for $339,900 ($144 per sqft). Built in 1900, the home offers 2,366 sqft of living space on a 0.12 acres lot.

Agent Description

Seller Financing Available! No traditional bank approval required. Buyers must provide a down payment and proof of income. Terms, including interest rate and repayment schedule, will be determined based on the buyer's qualifications and down payment. Don't miss this excellent opportunity in the heart of the historic Bates-Hendricks neighborhood!

Located in the heart of the highly sought-after Bates-Hendricks neighborhood, this beautifully appointed 2-story home offers the perfect blend of historic charm, modern comfort, and unbeatable convenience to downtown Indianapolis. Featuring over 2,300 square feet of living space, this spacious residence includes 4 bedrooms and 3 full bathrooms, plus a half-bathroom on the main level, designed for comfortable living and entertaining.

The main-level primary suite provides exceptional convenience and privacy, complete with a stunning ensuite bath that creates the perfect retreat. Upstairs, you'll find two generously sized bedrooms, each offering their own private full bathroom - ideal for room mates, guests, family members, or multi-generational living.

Step outside to enjoy the large private wooden rear deck overlooking the fenced backyard with a wooden privacy fence, providing a secure space for children or fur babies to play. The detached 2-car garage includes built-in shelving and a workbench for the DIYer, while the gated rear access adds both convenience and security.

Enjoy one of Indianapolis' most desirable urban lifestyles with an approximately 8-minute bike ride to Eli Lilly and Company World Headquarters and only minutes from Monument Circle and all that downtown Indianapolis has to offer. Don't miss this rare opportunity to own a beautiful home in one of Indianapolis' most historic and vibrant neighborhoods!

Key Features

  • Built in 1900
  • 0.12 acre lot

Property Details

3 full, 1 half
1900

Amenities

Basement

Monthly Cost Estimate

$1,818/mo

20% down · 6.5% · 30 years

Principal$246
Interest$1,473
Insurance$99

Estimates only. Actual payments may vary.

Location

1542 S Alabama Street

Indianapolis, IN 46225

Woodruff Sub Morris Add

Features & Amenities

Interior Features

Walk-in Closet(s)

Property Details

Construction

Stone

Parking

Garage

Heating

Natural Gas

Cooling

Central Air

Appliances

DishwasherGarbage DisposerMicrowaveOven - GasRefrigeratorWasher

Questions & Answers

This 4-bedroom, 4-bathroom single family at 1542 S Alabama Street is listed at $339,900 ($144/sqft). The estimated monthly payment is $1,473 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.12 acre lot. Interior Features: Walk-in Closet(s).

This property is listed by Fred McIntire and can be reached at 3172715959 or fredmcintire@kw.com.

FM

Fred McIntire

Agent at Keller Williams Indy Metro S

(317) 271-5959

Listed by Keller Williams Indy Metro S · View on Broker Site

MLS# 22102598· Source: listhub· Updated 17 days ago

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1542 S Alabama Street, Indianapolis, IN 46225

Open this listing in: