208 N Tacoma Avenue
Indianapolis, IN 46201
- 3 beds
- 3 baths
- 2,372 sqft
- 5,184 sqft lot
- $56 per sqft
- 1977 build
2ND CHANCE INVESTOR SPECIAL - FLIP OPPORTUNITY IN RAPIDLY DEVELOPING AREA!! BOM due to buyer having insufficient funds to close. This is your chance to complete a nearly 2,400 sq. ft., 3-bedroom, 2-bathroom home located just minutes from downtown Indianapolis in a neighborhood poised for explosive growth. The property is surrounded by new construction and beautifully renovated homes, making it an ideal investment for those looking to capitalize on the area's upward trajectory. ARV is in the $250-300k range. The property has already had $40-50K of work completed, including a brand-new roof, siding, framing, drywall, and rough-ins for electrical and plumbing. The heavy lifting is done, and now it's ready for your finishing touches. A detailed scope of work and architectural plans are available to guide the final stages of the project, allowing you to complete the project quickly and maximize your returns. Bid to get work done is $45,000. The large concrete pad that has been constructed in the back offers even more value-add potential with space for a garage or accessory dwelling unit (ADU). Whether you plan to flip, rent, or tap into the booming short-term rental market, this property is a versatile investment opportunity. Don't miss out on this opportunity to invest in a high-demand area and turn this property into a lucrative asset. Property is sold AS-IS. No seller financing. Possible short sale.
Last checked:
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Checking…
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Last updated Mar 31, 2025
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MLS# 22002455 —
The Building
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Year Built:1977
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New Construction:false
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Construction Materials:Cement Siding
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Architectural Style:TraditonalAmerican
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Levels:One and One Half
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Basement:true
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Basement:Unfinished
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Foundation Details:Concrete Perimeter, Block, Brick
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Patio And Porch Features:Covered Patio, Covered Porch
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Accessibility Features:No
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Direction Faces:East
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Green Certification:No
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Upper SqFt:1030
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Building Area Total:2887
Interior
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Rooms:5
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Rooms Total:5
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Rooms Total:5
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Interior Features:Windows Vinyl
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Eating Area:Formal Dining Room
Room Dimensions
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SqFt:2372
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Main Level SqFt:1342
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Living Area:2372
Location
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Directions:GPS Friendly
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Latitude:39.770161
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Longitude:-86.120167
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:491005209072000101
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Acres:<1/4 Acre
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Lot Size Acres:0.12
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Lot Size SqFt:5,184 Sqft
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Price Per Acre:1125000
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Property Condition:Fixer
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Additional Parcels:false
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View:false
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Waterfront:false
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Horse Amenities:None
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Fence:No
Listing Agent
- Contact info:
- Agent phone:
- (317) 450-9202
- Office phone:
- (317) 846-6300
Taxes
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Tax Lot:179
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Tax Year:2023
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Semi Annual Property Tax Amt:1431
Beds
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Beds:3
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Bedrooms:3
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Bedrooms Total:3
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Main Level Bedrooms:1
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# of Bedrooms Upper:2
Baths
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Baths:3
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Full Baths:2
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Full Baths:2
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Half Baths:1
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Half Baths:1
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Full Baths Main:1
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Half Baths Main:1
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Full Baths Upper:1
Heating & Cooling
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Heating:No Heating
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Cooling:None
Utilities
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Water Source:Municipal/City
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Solid Waste:Yes
Appliances
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Appliances:None
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Ogle Etal East Park
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Spa:false
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Pool Private:false
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Association:false
Parking
-
Garage:false
Monthly cost estimate

Asking price
$135,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$722
|
Taxes | $238 |
Insurance | $37 |
Utilities | $144 See report |
Total | $1,141/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/25/25
Mar 25, 2025
|
Price Changed | MIBOR | $135,000 | 1.5% |
3/25/25
Mar 25, 2025
|
Price Changed | MIBOR | $133,000 | 6.4% |
3/25/25
Mar 25, 2025
|
Relisted | MIBOR | $124,999 |