Residential in Indianapolis

$229,900

506 Lawrence, 46227, Indianapolis, IN

Residential for sale in Indianapolis, 506 Lawrence, 46227, 2028 m²

506 Lawrence, 46227, Indianapolis, IN

$229,900

3Bed
2Bath
2028
Type: Residential

Description

Welcome to this spacious 3-bedroom, 1.5-bath Bedford stone ranch offering far more space than you might expect! With a full basement, 2-car attached finished garage, and multiple living areas, this home provides plenty of room to live, entertain, work, and customize to your needs. Start your mornings relaxing on the covered front porch with a cup of coffee, then step inside to a welcoming interior featuring newer luxury vinyl plank flooring, vinyl windows, an updated bathroom, and two beautiful built-in hutches in the dining room. The family room offers a wood-burning fireplace perfect for holiday gatherings. The full basement with 2nd wood burning fireplace creates another warm and inviting gathering space & adds tremendous flexibility and potential. The large open area could easily become a game room, recreation area, home theater, or entertainment space. Two additional rooms with closets provide possibilities for offices, hobby rooms, guest space, or potential 4th and 5th bedrooms, depending on your needs. The attached 2-car garage is finished and offers additional convenience and storage. Recent major improvements include a high-efficiency furnace and air conditioner replaced within the past 3-4 years, PEX water lines, and 200-amp electrical service. The property's flexible layout and zoning/use possibilities make it an intriguing opportunity for a variety of uses, including residential, commercial use, or an investment/short-term rental property. The main floor and basement living areas may also offer the possibility of splitting into 2 separate living spaces, with access from the garage, to house hack(rent potential cover some or all mortgage) or double the rental income. Conveniently located near shopping, schools, parks, major highways, downtown Indianapolis, and Greenwood. Whether you're looking for a spacious home, investment opportunity, or a property with room to create something uniquely your own!

Location

506 Lawrence, 46227, Indianapolis, IN

Data

Object TypeResidential
Purchase Price$229,900
Living Space2028 m²
Plot Size1064.3 m²
Bathrooms2
Construction Year1954
ConditionNot specified
Rooms11

Energy Information

Heating TypeForced Air, Natural Gas
Primary Energy SourceN/A
Construction Year1954
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent