IN > Indianapolis > Elders University Heights
Indianapolis, IN 46227,1401 Castle AVE
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Indianapolis, IN 46227,1401 Castle AVE
Indianapolis, IN 46227,1401 Castle AVE
Indianapolis, IN 46227,1401 Castle AVE
Indianapolis, IN 46227,1401 Castle AVE
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Cynthia J. Vivona

Cynthia J. Vivona

+1(317) 366-8559
Listed by Shane Burns • Victory Realty Team
$ 294,900
Est. payment /mo
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Active

1401 Castle AVE Indianapolis, IN 46227

4 Beds

4 Baths

4,718 SqFt

UPDATED:

03/04/2025 09:03 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,718 sqft

Price per Sqft $62

Subdivision Elders University Heights

MLS Listing ID 22024280

Bedrooms 4

Full Baths 2

Half Baths 2

HOA Y/N No

Year Built 1951

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Single Family Residence

Property Description

This property is a double threat, it would make a great property to make your future primary residence, great quiet neighborhood and beautiful corner lot with great yard or purchase as an investment property and rent to University of Indianapolis students, home was previously rented to 6 students and market rate is currently $500 per student. That's 3,000 per month in income and current owner is always getting calls to rent this property, its only 5 minute walk to campus. This is a great ranch style, limestone exterior 4 bed 2.5 bath home very spacious in size with finished basement area and 2 car attached garage, fenced in back yard. Interior has large family room, separate dining area and a fireplace on the first floor and in the finished basement. This property can also qualify for 100% financing with no mortgage insurance with a 680 credit score....feel free to ask for more information on this program.

Location

State IN

County Marion

Rooms

Basement Full, Roughed In, Walk Out, Daylight/Lookout Windows

Main Level Bedrooms 4

Kitchen Kitchen Galley, Kitchen Some Updates

Interior

Interior Features Built In Book Shelves, Raised Ceiling(s), Skylight(s), Windows Thermal, Wood Work Stained, Paddle Fan, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, Programmable Thermostat

Heating Forced Air, Gas

Cooling Central Electric

Fireplaces Number 1

Fireplaces Type Basement, Living Room, Masonry, Woodburning Fireplce

Equipment Security Alarm Paid, Sump Pump

Fireplace Y

Appliance Dishwasher, Dryer, MicroHood, Gas Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned

Exterior

Garage Spaces 2.0

Utilities Available Cable Connected, Gas

View Y/N false

Building

Story One

Foundation Block, Crawl Space

Water Municipal/City

Architectural Style Ranch, TraditonalAmerican

Structure Type Stone

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.
agent

Cynthia J. Vivona

Broker/Owner | License ID: RC51500248

+1(317) 366-8559

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1401 Castle AVE