Listing provided courtesy of REMAX ONEMLS# MBR22104420MLS Provider
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Completely updated and move-in ready, this charming 2-bedroom, 2-bath bungalow offers the perfect blend of modern updates, functionality, and an unbeatable location just minutes from downtown Indianapolis, Mass Ave, parks, shopping, dining, and the Monon Trail. Thoughtfully renovated throughout, the home features new vinyl plank flooring, updated lighting, a beautifully updated full bath, and major mechanical improvements that provide added peace of mind. The galley-style kitchen comes fully equipped with a gas stove, refrigerator, and all appliances included, making this home truly ready for its next owner or investor. A versatile bonus room offers flexible space ideal for a home office, hobby room, workout area, or additional living space to fit your needs. Additional recent updates include a newer HVAC system (just over one year old), new roof, new water heater, new porch tile, and new basement windows. The basement also features a convenient laundry area and additional storage potential. Enjoy relaxing evenings in the private backyard complete with a fire pit and storage shed. The home also offers an enclosed front porch, wheelchair accessibility, street parking, and a rear parking pad for added convenience. Currently tenant-occupied on a month-to-month lease at $1,300/month, this property presents an excellent opportunity for both owner-occupants and investors alike. Whether you're looking for a turnkey rental property or a stylish home close to everything Indianapolis has to offer, this updated bungalow is one you won't want to miss.

Source: MIBOR, MLS#: MBR22104420

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  • Property Type
    Residential
  • Lot
    0.10 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2820 E 16th Street


Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/27/2026Source: MIBOR Added to Database
May 27, 2026