261 E Minnesota ST Indianapolis, IN 46225 Active
UPDATED: 10/02/2026 10:11 PM ON MARKET: 92 days on market
$275,000
3 Beds2 Baths1,567 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,567 sqft
Price per Sqft $175
Subdivision Kappes & Franks South
MLS Listing ID 22110932
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1900
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Single Family Residence
Property Description
Turnkey and rental-ready in the heart of historic Bates-Hendricks, this updated 3-bedroom, 2-bath home offers an excellent opportunity for an investor, short-term rental operator, or owner-occupant looking for a move-in-ready property near Downtown Indianapolis. The extensively renovated interior features new flooring throughout, fresh paint, updated lighting, new countertops and backsplash, a center island, updated bathroom vanities, and a remodeled primary en-suite with a walk-in shower. Outside, recent improvements include a new concrete sidewalk, spacious back patio, and fresh landscaping-creating an inviting outdoor space with minimal upfront work for the next owner. Ideally positioned just minutes from Fountain Square, Lucas Oil Stadium, Gainbridge Fieldhouse, the Indiana Convention Center, Eli Lilly, Mass Ave and the heart of Downtown Indianapolis, the location provides convenient access to some of the city's largest employment, entertainment, dining and event destinations. Whether added to a long-term rental portfolio, positioned as a furnished or short-term rental, or enjoyed as a primary residence, this property combines extensive updates, a flexible 3-bedroom layout and a highly convenient urban location.
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Based on information submitted to the MLS GRID as of 10/08/2026. 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.