Indianapolis Real Estate Search

Indianapolis Foreclosure Properties for Sale

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Newest Indianapolis Foreclosure Properties for Sale

$125,000
2 Beds 1 Baths 22122522 MLS
Investor-ready Indy downtown bungalow with good bones and a clear path to equity. Hardwood floors run throughout, the kitchen has already been partially updated, and big-ticket mechanicals are done - furnace (2019) and water heater (2018) are both newer. The full basement includes a finished office and a bonus room already framed in, giving you a head start on additional living space. The bathroom needs renovation and the home overall needs some TLC, but with the heavy lifting already started, it's ready for a homeowner or investor to add the finishing touches. Outside you'll find a detached garage, storage shed, and good sized chain-link fenced yard. Conveniently located near I-70 with easy access to downtown Indianapolis - a great opportunity in a central location. OWNER OCCUPANTS AND INVESTORS - ALL are welcome! This is an REO Sale and CASH Proof of funds required to submit or a FULLY vetted and LO signed approval letter for financed offers where income, assets, employment and credit have been verified - earnest deposit of $5000 to be deposited through ACH transfer or WIRE within 48hrs of acceptance. ALL utilities are on and was occupied 1st week of August. No offers will be considered until 7 Days on market in the MLS and buyers must allow 2 business days for any offer response. Multiple offers notices may or may not be sent and offers will be submitted as received. Any offers without proof of cash funds under the name of the purchaser will not be eligible for consideration and seller will not consider hard money loans. Seller will provide full clear title and closing locally through State Street Title. Ask an agent for additional details.

3528 Lambert Street, Indianapolis

$349,900
3 Beds 4 Baths 22108264 MLS
BANK OWNED - but Modern Comfort Meets Historic Bates-Hendricks Charm! Appears prior owner updated this 3-bedroom, 3.5-bath home which offers the perfect blend of character, space, & convenience. Featuring multiple bedroom/bathroom options, spacious living areas, & a detached 2-car garage (No electricity in garage). This home is designed for today's lifestyle. Enjoy living just minutes from Downtown Indianapolis, Fountain Square, premier dining, entertainment, sporting venues, and major employers. Whether you're relaxing at home, entertaining guests, or exploring the city's vibrant urban scene, this exceptional property places you in the center of it all. Experience the best of Bates-Hendricks living! This style of home and location is particularly attractive to buyers seeking an urban lifestyle with modern amenities while still enjoying the charm and community feel. Bates-Hendricks continues to be one of Indianapolis' most desirable revitalized neighborhoods, known for its historic architecture, walkability, and proximity to downtown. The neighborhood has experienced significant reinvestment and redevelopment while maintaining its historic character. Downtown Indianapolis - just minutes away for employment, entertainment, and sporting events, major events, concerts, Pacers games, and entertainment. Fountain Square - eclectic dining, nightlife, live music, and local shopping. Eli Lilly Campus & Other major employment hubs. Easy access to I-65 and I-70 for commuting throughout Central Indiana

1614 S East Street, Indianapolis

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Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.