2431 Central AVE Indianapolis, IN 46205 Active

UPDATED: 05/03/2026 10:09 PM ON MARKET: 14 days on market

$400,000

3 Baths3,392 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,392 sqft

Price per Sqft $117

Subdivision Trimpes Forest Brook

MLS Listing ID 22099569

Half Baths 3

Year Built 1999

Tax Year 2024

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Single Family Residence

Location

State IN

County Marion

Interior

Interior Features Cathedral Ceiling(s)

Heating Natural Gas

Cooling Central Air

Fireplace N

Appliance None

Exterior

View Y/N false

Building

Story One

Foundation Slab

Water Public

Architectural Style Ranch

Structure Type Brick

New Construction false

Schools

School District Indianapolis Public Schools

Property Description

Rare redevelopment opportunity in a prime Near Northside location at Fall Creek Place. This property offers multiple value-add strategies, including potential conversion of the existing church structure into a unique residential space or redevelopment of the site. With sufficient lot size to support a possible split since was previously 2 lots, investors may explore building two new construction homes (subject to zoning and approvals). Ideal for builders, developers, or visionaries looking to capitalize on continued growth just minutes from downtown Indianapolis. Currently houses are selling from approximately $500-800,000.

Digital Millennium Copyright Act – DMCA Notice Based on information submitted to the MLS GRID as of 05/17/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.