261 E Minnesota Street
Indianapolis, IN 46225
$275,000
Open Houses
Turnkey and rental-ready in the heart of historic Bates-Hendricks, this updated 3-bedroom, 2-bath home offers an excellent opportunity for an investor, short-term rental operator, or owner-occupant looking for a move-in-ready property near Downtown Indianapolis. The extensively renovated interior features new flooring throughout, fresh paint, updated lighting, new countertops and backsplash, a center island, updated bathroom vanities, and a remodeled primary en-suite with a walk-in shower. Outside, recent improvements include a new concrete sidewalk, spacious back patio, and fresh landscaping-creating an inviting outdoor space with minimal upfront work for the next owner. Ideally positioned just minutes from Fountain Square, Lucas Oil Stadium, Gainbridge Fieldhouse, the Indiana Convention Center, Eli Lilly, Mass Ave and the heart of Downtown Indianapolis, the location provides convenient access to some of the city's largest employment, entertainment, dining and event destinations. Whether added to a long-term rental portfolio, positioned as a furnished or short-term rental, or enjoyed as a primary residence, this property combines extensive updates, a flexible 3-bedroom layout and a highly convenient urban location.
Listing Courtesy of: Compass Indiana, LLC
317-498-6821
Agent licensed in IN
| Listing Id: | 22110932 |
|---|---|
| List Price: | $275,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Bathrooms Half: | 0 |
| Living Area: | 1,342 |
| Semi Annual Property Tax Amt: | $1,415 |
| Lot Size Acres: | 0.1 |
| Architectural Style: | Ranch |
| Waterfront?: | No |
| City: | Indianapolis |
| County Or Parish: | Marion |
| Subdivision Name: | Kappes & Franks South |
| Postal Code: | 46225 |
| Year Built: | 1900 |
| Appliances: | Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator |
| Basement: | Yes |
| Basement: | Unfinished |
| Bathrooms Total Integer: | 2 |
| Building Area Source: | Assessor |
| High School District: | Indianapolis Public Schools |
| Building Area Total: | 1,567 |
| Construction Materials: | Wood Siding |
| MLS Area Major: | Center |
| Cooling: | Central Air |
| Directions: | GPS Friendly |
| Fireplaces Total: | 0 |
| Foundation Details: | Block |
| Heating: | Forced Air, Gas |
| Interior Features: | Attic Access, High Ceilings, Kitchen Island, Entrance Foyer, Eat-in Kitchen |
| Levels: | One |
| Accessibility Features YN: | No |
| Acres: | <1/4 Acre |
| Affectedby Disclosures: | No |
| Bedrooms MU: | 3 |
| Beds MU: | 3 |
| Fencing: | Full, Privacy |
| Laundry Features: | Main Level |
| DPRYN: | Yes |
| Eating Area: | Dining Combo/Living Room |
| Main Level Bedrooms: | 3 |
| Full Baths Basement: | 0 |
| Full Baths Main: | 2 |
| Full Baths MU: | 2 |
| Full Baths Upper: | 0 |
| Garage Sq Ft: | 0 |
| Kitchen Features: | Kitchen Updated |
| Main Level Sq Ft: | 1,342 |
| Price Acre: | 2750000 |
| Property Condition: | Updated/Remodeled |
| Rooms MU: | 7 |
| Rooms Total MU: | 7 |
| Smart Home Features: | Thermostat - WiFi |
| Solid Waste: | Yes |
| Sq Ft MU: | 1342 |
| Tax Exemption: | Homestead Tax Exemption |
| Trans Type: | Sale |
| Original List Price: | $285,000 |
| Other Equipment: | None |
| Parcel Number: | 491113171005000101 |
| Possession: | Closing, Negotiable |
| Postal Code Plus4: | 1823 |
| Rooms Total: | 7 |
| State Or Province: | IN |
| Tax Year: | 2024 |
| Water Source: | Public |
| Direction Faces: | North |
| Horse Amenities: | None |
| Full Bathrooms Mu: | 2 |
| Percent Optional Level Finished: | 0 |
| Rooms Basement: | 0 |
| Rooms Main: | 7 |
| Rooms Upper: | 0 |
| Utility Prim Sewage Disp: | Municipal Sewer Connected |
| Fence Yn: | Yes |
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All information provided is deemed reliable but is not guaranteed and should be independently verified. The properties displayed may not be all of the properties available through the IDX Program. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing.
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MIBOR Broker Listing Cooperative® data last updated on October 12, 2026 03:06 AM - ET
Based on information submitted to the MLS GRID as of October 12, 2026 03:06 AM - ET. 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. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Property Last Updated: October 12, 2026 03:06 AM - ET
