Located near the heart of downtown Indianapolis, this property presents a great opportunity to see your vision come to fruition. Previously zoned into condo units, this property is being sold as two condo units together. Priced accordingly due to fire damage to property. Full renovation needed throughout. Located in an area with red hot activity, value add ability, rising rents, and huge upside. This is great value in burgeoning Near East location!
Sold
$50,000
432 N Hamilton Ave, Indianapolis, IN 46201
3beds
1baths
--sqft
Multi Family, Duplex, Apartment
Built in 1899
-- sqft lot
$50,000 Zestimate®
$--/sqft
$1,498 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 03:47pm
Listing Provided by:
Chris Price 317-225-5507,
Keller Williams Indy Metro S
Bought with:
Douglas Martin
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22031755

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Main level bathrooms: 6
Heating
- None
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Unfinished
Property
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City, Downtown, Neighborhood, Skyline, Trees/Woods
Lot
- Size: 5,227 sqft
- Features: Access, City Lot, Curbs, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights, Mature Trees, Trees-Small (Under 20 Ft), See Remarks, Other
Details
- Additional parcels included: 491006106240.000101
- Parcel number: 491006106240001101
- Special conditions: As Is,Corporate Owned,Fixer Upper,Sales Disclosure Not Required
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman,Traditional
- Property subtype: Multi Family, Duplex, Apartment
- Attached to another structure: Yes
Materials
- Block, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- Fixer
- New construction: No
- Year built: 1899
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Other
Other facts
- Road surface type: Asphalt
Services availability
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Estimated market value
$50,000