About This Home

This 3-bedroom, 3-bathroom single family at 741 Parkway Avenue in Indianapolis, IN is listed for $360,000 ($157 per sqft). Built in 1900, the home offers 2,300 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1900
  • 0.08 acre lot
  • 3 stories
  • Fireplace

Property Details

3 stories
2 full, 1 half
2-car garage
1900

Amenities

FireplaceHardwoodA/C
Listing Description

Looking for a property that gives you options? This Bates Hendricks home is currently being operated as an Airbnb and offers the flexibility to continue as a short-term rental or make it your own personal residence. With Fountain Square, Garfield Park, Downtown Indianapolis, and interstate access all just minutes away, you'll be close to plenty of restaurants, entertainment, parks, and everything downtown has to offer.

The home underwent a complete rehab in 2016, creating a comfortable blend of modern updates and the character of an older Indianapolis home. There is plenty of room to spread out, with two separate living spaces, including a loft upstairs that can be used as a second living room, office, or additional hangout space.

The main level includes the primary bedroom, making everyday living convenient. The suite has a walk-in closet and private bathroom with a tiled walk-in shower. You'll also find the laundry on the main floor. At the center of the home is a spacious kitchen with plenty of room for cooking and entertaining.

It features a large island, breakfast bar, quartz countertops, and stainless-steel appliances. The cabinets have a designer faux-laminate finish with the color built into the laminate rather than simply painted on. Upstairs you'll find two additional bedrooms, a full bathroom, and the large loft area.

Outside, the sidewalks make it easy to enjoy the neighborhood on foot, while the oversized two-car garage gives you room for vehicles, storage, hobbies, or a workshop. Whether you're looking for an investment that is already being used as an Airbnb or a home in one of Indianapolis' popular urban neighborhoods, this property gives you the flexibility to go either direction.

Monthly Cost Estimate

$1,925/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,560
Insurance$105

Estimates only. Actual payments may vary.

Location

741 Parkway Avenue

Indianapolis, IN 46203

South Park

Features & Amenities

Interior Features

Breakfast BarHigh CeilingsKitchen IslandHi-Speed Internet AvailblEat-in KitchenSmart Thermostat

Exterior Features

Smart Lock(s)

Property Details

Flooring

Hardwood

Construction

Cement Siding

Parking

OpenGuest

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

DishwasherDryerDisposalGas Water HeaterMicrowaveGas OvenRefrigeratorWasherWater Heater

Questions & Answers

This 3-bedroom, 3-bathroom single family at 741 Parkway Avenue is listed at $360,000 ($157/sqft). The estimated monthly payment is $1,925 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.08 acre lot, 3 stories, Fireplace. Interior Features: Breakfast Bar, High Ceilings, Kitchen Island. Exterior Features: Smart Lock(s).

This property is listed by Michael Ruth II.

MI

Michael Ruth II

Agent at Plat Collective

Listed by Plat Collective · Broker phone: (317) 489-3441 · View on Broker Site

MLS# 22128342· Source: Broker Listing Cooperative®· 35 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

741 Parkway Avenue, Indianapolis, IN 46203

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