Address: 814 E 48th St, Indianapolis, IN 46205
Price: $215,000
Bedrooms: 1
Bathrooms: 1
Living Space: 1,014 sq ft
Lot Size: 2,613.6 sq ft
Year Built: 1926
Property Type: Single Family Residence
Price per Sq Ft: $212
HOA: None listed
Zestimate®: Not available

Listed by:
Nicholas Cannon (317-490-6086)
United Real Estate Indpls

Source: MIBOR MLS via Zillow (MLS#: 22097357)
Property Link: View Listing on Zillow

Photo Credit: Listing photos provided by MLS via Zillow

Updated 1926 Bungalow in Indianapolis – Strong Rental or Starter Home Opportunity

This updated 1926 bungalow in Indianapolis offers a compact but well-improved living space, making it a strong option for first-time buyers, singles, couples, or investors seeking a turnkey rental property.

With modern renovations, a fenced backyard, and a covered outdoor area, this home combines practical upgrades with classic early-20th-century construction.

Interior Features of This Indianapolis Home

The interior has been updated for modern living while maintaining a simple, efficient layout.

Interior highlights include:

• 1 bedroom and 1 bathroom
• 1,014 sq ft of living space
• Updated kitchen with modern finishes
• Renovated bathroom
• Utility basement for storage and systems
• Clean, functional floor plan
• Move-in ready condition

The seller notes the home has already undergone significant mechanical and cosmetic improvements, reducing immediate renovation needs.

Exterior Features & Outdoor Living

Despite its smaller lot size, the property includes useful outdoor space.

Exterior highlights:

• Fenced backyard
• Covered pergola seating area
• Low-maintenance yard
• Urban residential setting in Indianapolis

Investment & Rental Potential

This property is positioned as both a residential home and investment opportunity.

Potential uses include:

• Long-term rental property
• Short-term rental (subject to local regulations)
• Starter home for first-time buyers
• Downsized urban living

The seller also offers flexibility in interior styling, returning the home to a neutral finish if requested before closing.

Why This Indianapolis Property Stands Out

Affordable, updated homes in established neighborhoods like this are increasingly rare. With recent renovations and strong rental appeal, this Indianapolis bungalow represents a low-maintenance opportunity in a growing urban market.