Indianapolis — Top 5 Renovation Picks (Aug 09, 2025)

3517 W 10th St — $139,900

  • Beds/Baths/Sqft: 3 bd / 1 ba / 1,703 sqft
  • Price per SqFt: $82
  • Lot size: 11,761 sqft
  • Year Built / Type: 1930 / Single Family Residential
  • Parking: Detached
  • Status / Last Sale: Listed (Active) / $139,900 Aug 8, 2025
  • Summary: This spacious home offers a large living area with cathedral ceilings and a loft area upstairs, along with a fenced yard and a two-car garage.
  • Renovation rationale:
    • Low price per sqft at $82, providing a solid foundation for renovations.
    • Large lot size of 11,761 sqft allows for potential expansions or outdoor improvements.
  • Why these metrics matter for renovation:
    • The low price per sqft means lower initial investment, while the spacious lot provides flexibility for layout changes or enhancements, making it ideal for an investor or first-time buyer.
  • Recommended renovation ideas: Update kitchen and bathroom fixtures, enhance curb appeal with landscaping, and consider opening up the living area for a more modern flow.
  • View on Redfin

2127 Wallace Ave — $156,900

  • Beds/Baths/Sqft: 2 bd / 1 ba / 1,480 sqft
  • Price per SqFt: $106
  • Lot size: 7,100 sqft
  • Year Built / Type: 1923 / Single Family Residential
  • Status / Last Sale: Listed (Active) / $156,900 Aug 7, 2025
  • Summary: This charming bungalow has been extensively remodeled and features a spacious kitchen and a large basement for storage.
  • Renovation rationale:
    • Low price per sqft at $106 and a usable lot size of 7,100 sqft.
  • Why these metrics matter for renovation:
    • The combination of a reasonable price and a good lot size allows for a cost-effective renovation, maximizing ARV potential with cosmetic updates.
  • Recommended renovation ideas: Refresh exterior paint, enhance landscaping, and consider finishing the basement for additional living space.
  • View on Redfin

8835 E 10th St — $174,900

  • Beds/Baths/Sqft: 2 bd / 1 ba / 2,352 sqft
  • Price per SqFt: $74
  • Lot size: 13,939 sqft
  • Year Built / Type: 1954 / Single Family Residential
  • Parking: Attached
  • Status / Last Sale: Listed (Active) / $174,900 Aug 7, 2025
  • Summary: This inviting home on a spacious corner lot features a sunroom and updated appliances, making it move-in ready yet still ripe for renovations.
  • Renovation rationale:
    • Extremely low price per sqft at $74, coupled with a large lot size of 13,939 sqft.
  • Why these metrics matter for renovation:
    • The low entry price allows for significant renovation budgets while the large lot size provides opportunities for outdoor improvements or expansions.
  • Recommended renovation ideas: Update kitchen and bathroom finishes, add outdoor living spaces, and enhance the sunroom for year-round use.
  • View on Redfin

4404 Westbourne Dr — $199,000

  • Beds/Baths/Sqft: 4 bd / 2 ba / 2,424 sqft
  • Price per SqFt: $82
  • Lot size: 22,215 sqft
  • Year Built / Type: 1982 / Single Family Residential
  • Status / Last Sale: Listed (Active) / $199,000 Aug 8, 2025
  • Summary: This unique home features a spacious layout with a large yard, perfect for someone looking to add their personal touch.
  • Renovation rationale:
    • Low price per sqft at $82 and a generous lot size of 22,215 sqft.
  • Why these metrics matter for renovation:
    • The affordable price point combined with the expansive lot allows for a variety of renovation options, including potential additions or outdoor enhancements.
  • Recommended renovation ideas: Modernize kitchen and bathrooms, enhance landscaping, and consider adding a deck or patio for outdoor entertaining.
  • View on Redfin

3659 N Mitchner Ave — $194,000

  • Beds/Baths/Sqft: 4 bd / 1.5 ba / 1,700 sqft
  • Price per SqFt: $114
  • Lot size: 6,316 sqft
  • Year Built / Type: 1961 / Single Family Residential
  • Parking: Attached
  • Status / Last Sale: Listed (Active) / $194,000 Aug 6, 2025
  • Summary: This spacious home has been updated and is move-in ready, featuring a fenced yard and a renovated kitchen.
  • Renovation rationale:
    • Reasonable price per sqft at $114 and a functional lot size of 6,316 sqft.
  • Why these metrics matter for renovation:
    • The price point allows for manageable renovation costs, while the lot size supports potential enhancements or expansions.
  • Recommended renovation ideas: Update flooring and fixtures, enhance curb appeal, and consider creating an open-concept living area.
  • View on Redfin

It is quite affordable i mean

Thanks for the information

Nice picks :100:

Appreciate the information