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  • $549,500

    262 W Ray St, Indianapolis, IN 46225

    9beds
    3,552sqft
    : 
    Residential, Single Family Residence
    Built in 1919
    4,791.6 Square Feet Lot
    $-- Zestimate®
    $155/sqft
    $-- HOA

    What's special

    Nine generously sized bedroomsBustling heart of downtownBabe denny park
    Incredible Investment Opportunity! Nestled just half a block from the iconic Colts Stadium and the bustling heart of downtown, this extraordinary property provides endless options and opportunity. Steps away from a world of entertainment, dining, and cultural experiences, this home offers unparalleled access to the vibrant downtown scene, making it a coveted spot for those who thrive on the city's energy. Behind the home is Babe Denny Park, providing a personal retreat amid urban life. Enjoy leisurely strolls, picnics, or simply unwind in nature, all just a stone's throw from your doorstep. With nine generously sized bedrooms, this home is designed to accommodate large families, groups of friends, or even a thriving vacation rental business. This space ensures that everyone has room to relax and unwind. This property is currently thriving as a VRBO/Airbnb vacation home, creating an opportunity for savvy investors to tap into the booming short-term rental market in a prime location. Whether you envision it as a family home, a vacation rental, or a combination of both, this property adapts to your lifestyle and investment goals. This unique opportunity is seldom found in today's market! Don't miss this chance to own this rarity in one of the city's most coveted locations.
    32 days
    on Zillow
    |
    512
    |
    24
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 09, 2025 at 03:45pm

    Listing Provided by:

    Marty Zimmerman 317-450-8266,

    Encore Sotheby's International

    Source: MIBOR as distributed by MLS GRID,MLS#: 22041977MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 262 W Ray St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 2
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9x9
    Bedroom 3
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9x9
    Bedroom 4
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9x9
    Bedroom 5
    • Level: Upper
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Bedroom 6
    • Level: Upper
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Other
    • Level: Upper
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Other
    • Level: Upper
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Other
    • Level: Upper
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Dining room
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Living room
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Electric Oven, ENERGY STAR Qualified Water Heater
    Features
    • High Ceilings, Eat-in Kitchen
    • Basement: Cellar
    Interior area
    • Total structure area: 3,552
    • Total interior livable area: 3,552 sqft
    • Finished area below ground: 514

    Property

    Parking
    • Parking features: Aggregate, None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Wrap Around
    • Exterior features: Gas Grill
    Lot
    • Size: 4,791.6 Square Feet
    • Features: Corner Lot, Not In Subdivision, Mature Trees
    Details
    • Parcel number: 491111100011000101
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1919

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Fulmers Resub
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $155/sqft
    • Tax assessed value: $438,600
    • Annual tax amount: $9,574
    • Date on market: 7/3/2025
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