243 Iowa StreetIndianapolis, IN 46225
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.




PRICE IMPROVED!! Fully renovated from the studs up and move-in ready in the heart of desirable Bates-Hendricks! This impressive 3BR/2BA, 1,763 sq ft two-story home was completely rebuilt over the past year and sits on a street experiencing tremendous redevelopment, with numerous new builds-including several next door and directly across the street. Inside, the open-concept main level features high ceilings, LVP flooring, and a stylish kitchen with dark cabinetry, white quartz countertops, tiled backsplash, and center island. The main-level primary suite offers an updated ensuite bath and sliding glass door leading directly to the covered rear patio, while a separate laundry room adds convenience. Both bathrooms are beautifully finished with oversized tiled showers and striking black and gold hardware. Upstairs are two additional bedrooms plus a versatile open loft/flex space. Outside, enjoy a covered front porch, flat cleared lot, covered rear patio, and brand-new 1-car garage. For investors, Bates-Hendricks supports virtually every strategy, and this property is well suited for either long- or short-term rental use, with its size and layout offering particularly strong STR potential. With the extensive renovation already complete and virtually everything new, ownership should also benefit from substantially reduced near-term CapEx, maintenance, and repair exposure. Minutes from Fountain Square, Fletcher Place, and downtown Indy, this is an outstanding turnkey opportunity for either an owner-occupant or investor!
| 2 weeks ago | Price changed to $285,000 | |
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2026-09-08 06:40 PM UTC. All data is obtained from various sources and may not have been verified by broker or 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.
Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.