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2540 Madison Ave, Indianapolis, IN 46225

$80,000

A blue house with a snow covered front porch needing renovations at 2540 Madison Ave, Indianapolis, IN 46225

  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    2352

  • Year Built

    1886

  • Days on Market

    2

  • $/SqFt

    $34

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10 Photos

  • A blue house with a snow covered front porch needing renovations at 2540 Madison Ave, Indianapolis, IN 46225
  • A blue house needing renovations with a snow covered porch at 2540 Madison Ave, Indianapolis, IN 46225
  • Side view of a blue house needing renovations, snow on roof at 2540 Madison Ave, Indianapolis, IN 46225
  • Rear view of a blue house needing renovations; snow on ground at 2540 Madison Ave, Indianapolis, IN 46225
  • Empty living room with worn walls and hardwood floors at 2540 Madison Ave, Indianapolis, IN 46225
  • Empty bedroom with damaged walls and hardwood floors at 2540 Madison Ave, Indianapolis, IN 46225
  • Empty bedroom with damaged walls and hardwood floors at 2540 Madison Ave, Indianapolis, IN 46225
  • Empty bedroom with damaged walls and hardwood floors at 2540 Madison Ave, Indianapolis, IN 46225
  • Damaged kitchen with exposed walls and missing cabinets at 2540 Madison Ave, Indianapolis, IN 46225
  • Empty attic bedroom with hardwood floors and exposed support beam at 2540 Madison Ave, Indianapolis, IN 46225
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Home Description

Great investment property south of downtown in up and coming area. This home needs a new owner to bring it back to life. The home has nice curb appeal with covered porch. Inside has character with high ceilings. A bedroom and bathroom has been added to the second floor. Act fast with the potential of this property, it will not last long.

  • Property Type: Single Family
  • Style: TraditonalAmerican
  • Basement: Unfinished
  • Garage Spaces: 0
  • Acres: <1/4 Acre
  • Siding: Vinyl Siding
  • Patio & Porch: Covered Porch

Available now at $80,000

Approximate Room Sizes / Descriptions

Living Room14x12Main
Dining Room12x10Main
Kitchen10x12Main
Primary Bedroom12x12Main
Bedroom 210x11Main
Bedroom 312x10Upper
  • Interior Description: Windows Wood
  • Full Baths: 2
  • Num Fireplaces: 0
  • Appliances: None
  • Eating Area: Dining Combo/Kitchen
  • Heating: No Heating
  • Cooling: None
  • : kurt@diversepsi.com

Neighborhood

The average asking price of a 3 bedroom Indianapolis home in this zip code is $256,191 (220.2% more than this home).

This home is priced at $34/sqft, which is 296.6% less than similar homes in the 46225 zip code.

Potential Great Value

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School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$397*
  • Semi Annual Taxes:$880

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 339-2257 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$462,757
$398,000
14
0.0%
57.1%
166

Butler Tarkington
$474,387
$328,000
23
0.0%
65.2%
165

Downtown Indianapolis
$319,628
$244,000
49
0.0%
55.1%
258

Fountain Square
$356,504
$310,000
23
0.0%
73.9%
135

Irvington
$276,224
$216,000
68
0.0%
55.9%
84

Meridian Kessler
$629,279
$469,900
17
0.0%
70.6%
115

Listing Courtesy of Diverse Property Solutions Ind. For information or to schedule a viewing of this property (MLS# 22017287), call: 317-339-2257

2540 Madison Ave, Indianapolis IN is a single family home of 2352 sqft and is currently priced at $80,000 . This single family home has 3 bedrooms. A comparable home for sale at 1909 S Delaware St in Indianapolis is listed at $85,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Richland Reliable, Legends Creek and Windhorst Place are nearby neighborhoods. MLS 22017287 has been posted on this site since 1/9/2025 (today).

2025

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