512 S Cole Street Indianapolis, IN 46241

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Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
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Bungalow • 80Y Old

$115,000

512 S Cole Street

3 Bedrooms All Main Level
2 Bathrooms
1236 sqft
0.12 Acres
Property Description

Discover the charm-and potential-of this lovely bungalow in Garden City, nestled in the heart of the westside. Spanning 1,236 square feet, this property features three generous bedrooms and two full bathrooms. The living room highlights original hardwood floors that add warmth and character, while a versatile bonus room can serve as a fourth bedroom, office, or creative studio. Whether you're seeking your next turnkey rental or a value-add flip, this property delivers opportunity. Previously a profitable rental, it's move-in ready for new tenants, offering immediate income potential. For flippers or owner-occupants, the low purchase price leaves plenty of room to build equity through thoughtful updates and cosmetic improvements. Enjoy a covered front porch perfect for relaxing, plus a convenient location close to local amenities. With strong rental demand and solid bones already in place, this home is a smart investment with multiple exit strategies-cash flow now or renovate for future gain.

Directions

GPS Friendly

Amenities

Attic Access, Gas Oven, Refrigerator, Covered

Map to 512 S Cole Street, Indianapolis, IN 46241

Property
MLS # 22067899
Date Listed 2025-10-13
Status Active
Property Type Residential
Property SubType Single Family Residence
Square Feet 1236 sqft
New Construction No
Style Bungalow
Type Single Family Residence
Bedrooms 3
Bathrooms 2
Year Taxes Payable 2024
Year Built 1945
Days on Market 26
Additional
Design Bungalow
Cooling None
Heating Forced Air
External Features
Construction Single Family Residence
Exterior Covered
Lot Size 5,358 sq ft
Acreage 0.12 Acres
Sewer Municipal Sewer Connected
Water Public
Fence None
Location
Area Marion
County Marion
Subdivision Wayne Park
Township Wayne
City Indianapolis
State IN
Zip 46241
Schools
School District Indianapolis Public Schools
Financial
Assoc. Dues $0.00

MLS# 22067899
Listing Provided Courtesy of Kathryn Teltow
Highgarden Real Estate
kteltow@highgarden.com

Listing updated November 14, 2025 at 4:58 pm
Last checked 16 minutes ago

IDX information provided by the MIBOR REALTOR® Association. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Learn More About 512 S Cole Street

Presented By
Mike Thomas Associates
9601 Coldwater Road
Fort Wayne, IN 46825
(260) 489-2000
Email
Agent to Contact

By clicking "Send Message", you agree to be contacted by Sarah Hubley about your request. Please see our Privacy Policy.