Request More Info
Schedule a Showing
Share
Print
|
1126 Union St presents an excellent investment opportunity in the rapidly revitalizing Old Southside neighborhood. Just moments from Lucas Oil Stadium and downtown Indy, this 4 bed, 3.5 bath home (2,000 sq ft + 414 sq ft unfinished daylight basement) offers strong potential as a fix & flip, long-term hold, BRRRR strategy, or high-performing STR (projected $70k+ annual revenue). The home was taken to the studs and rebuilt a few years ago, but it was recently vandalized and now needs a full cosmetic renovation. Repairs needed include paint, flooring, kitchen, baths, fixtures, WH/HVAC, and exterior cleanup. The roof and composition cement siding appear to have been replaced within the past few years, so most of the heavy lifting is interior. ARV estimated at $350k+. The floorplan is ideal for renters or guests, featuring raised ceilings, open living/dining/kitchen layout, a main-level bedroom and full bath, plus a laundry room with adjacent half bath. Upstairs offers a primary suite with walk-in closet and full bath, along with two additional bedrooms and a shared full bath. Large covered front porch, deep lot that runs street-to-street, with gravel parking in the front and rear. No neighbors directly to the north, and revitalization is happening all around. Cash or hard money only. Sold as-is. A prime project in one of Indy's fastest developing urban districts-bring your vision and unlock big upside!
Property Type(s):
Single Family
| Last Updated | 5/21/2026 | Tract | Mc Cartys Subdivision |
|---|---|---|---|
| Year Built | 1920 | Community | 4910 - Marion - Center |
| County | Marion |
Price History
| Prior to Jan 22, '26 | $229,900 |
|---|---|
| Jan 22, '26 - Mar 27, '26 | $219,900 |
| Mar 27, '26 - May 21, '26 | $209,900 |
| May 21, '26 - Today | $199,900 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | None |
| AREA | 4910 - Marion - Center |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick, Cement Siding |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Walk-in Closet(s) |
| LOT | 7405 sq ft |
| PARKING | Alley Access, Gravel |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | Mc Cartys Subdivision |
| UTILITIES | Cable Available |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Leslie Luebcke to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Keller Williams Indpls Metro N
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.
Twitter
Facebook
Email