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The ultimate real estate equation is simple: less-than-perfect condition equals an unbelievable opportunity for massive equity. If you are a savvy investor looking for your next project, or a visionary buyer ready to customize your own new home, this Indianapolis diamond in the rough is the golden ticket you've been hunting for. Let's be realistic: this home needs love and is being sold as-is. But past the need for new carpet and fresh paint lies an open and functional layout with great bones, quietly tucked away on a peaceful cul-de-sac and situated on a sprawling 0.41-acre lot. Nestled near Washington Square and Paul Ruster Park, you are stepping into unbeatable potential. A classic covered front porch welcomes you into a two-story foyer. The main level boasts an open floor plan designed for effortless flow. A large living room opens into a formal dining area, leading into a kitchen packed with cabinet space. The kitchen flows into a sunlit breakfast room with a charming bay window and a main-floor laundry room. From there, the space opens into a generous secondary living room anchored by a cozy fireplace. Upstairs, the home continues with four bedrooms, including one uniquely equipped with built-in bookshelves-perfect for a home office, library, hobby room, or homework station. The primary suite is a retreat waiting to be reimagined; vaulted ceilings, dual sinks, and a walk-in closet. Outside, the potential continues on your massive 0.41-acre yard, featuring a large wooden deck, a storage shed, and a mini-barn. Smart buyers know that homes requiring a little sweat equity on a quiet cul-de-sac lot are the ones that help build generational wealth. The race is on, and an opportunity this profitable will not wait. Schedule your in-person tour today and claim your next great investment before someone else beats you to the punch! Photos have been virtually staged to show the home's potential.
Property Type(s):
Single Family
| Last Updated | 6/17/2026 | Tract | Grassy Creek |
|---|---|---|---|
| Year Built | 1993 | Community | 4905 - Marion - Warren |
| Garage Spaces | 2.0 | County | Marion |
SCHOOLS
| Elementary School | Grassy Creek Elementary School |
|---|---|
| High School | Warren Central High School |
Additional Details
| AIR | Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Oven, Range Hood, Refrigerator |
| AREA | 4905 - Marion - Warren |
| BARN/EQUESTRIAN | Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Electric, Heat Pump |
| HOA DUES | 30|Monthly |
| INTERIOR | Built-in Features, Entrance Foyer, Vaulted Ceiling(s), Walk-in Closet(s) |
| LOT | 0.41 acre(s) |
| LOT DESCRIPTION | Cul-De-Sac |
| PARKING | Attached, Concrete |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | Grassy Creek |
| WATER | Public |
Location
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Listed with Keller Williams Indy Metro S
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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