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Fantastic opportunity for a savvy investor or buyer with a vision. This split-level home offers a spacious 5-bedroom, 2.5-bath layout with a 1-car garage and tremendous upside. This property requires a full renovation but holds the potential for significant after-repair value (ARV) and a strong return on investment. The layout is perfect for multi-generational living or a high-demand rental. This is a chance to transform a diamond in the rough into a stunning, modern home. This is a high-yield project not to be missed!
Property Type(s):
Single Family
| Last Updated | 2/6/2026 | Tract | Parkwood Terrace |
|---|---|---|---|
| Year Built | 1961 | Community | 4905 - Marion - Warren |
| Garage Spaces | 1.0 | County | Marion |
Price History
| Prior to Sep 26, '25 | $175,000 |
|---|---|
| Sep 26, '25 - Oct 10, '25 | $168,000 |
| Oct 10, '25 - Oct 31, '25 | $161,000 |
| Oct 31, '25 - Nov 21, '25 | $156,000 |
| Nov 21, '25 - Dec 19, '25 | $151,000 |
| Dec 19, '25 - Jan 16, '26 | $146,000 |
| Jan 16, '26 - Feb 6, '26 | $143,000 |
| Feb 6, '26 - Today | $140,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Refrigerator |
| AREA | 4905 - Marion - Warren |
| BASEMENT | Partially Finished, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Forced Air |
| INTERIOR | Walk-in Closet(s) |
| LOT | 8276 sq ft |
| PARKING | Attached |
| STORIES | 2 |
| STYLE | Other |
| SUBDIVISION | Parkwood Terrace |
| WATER | Public |
Location
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Listed with Entera Realty
Listing information is deemed reliable, but not guaranteed.
© 2026 Metropolitan Indianapolis Board of REALTORS®
© 2026 Metropolitan Indianapolis Board of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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