1546 S Alabama Street | MLS #MBR22094499

Listing provided courtesy of FS Houses LLCMLS# MBR22094499

Spacious duplex located in the desirable Bates-Hendricks neighborhood. Each unit offers a large 1 bedroom, 1 bathroom layout with comfortable living space. Situated on a corner lot, the property provides added privacy and great natural light. One unit is currently rented, offering immediate income, while the other unit is vacant and ready for an owner-occupant or new tenant. The property also includes a 2-car garage, providing valuable off-street parking and storage. Conveniently located just minutes from downtown Indianapolis, Fountain Square, parks, restaurants, and local shops, this duplex is a great opportunity for investors or those looking to house hack in one of the city's growing neighborhoods.

Source: MIBOR, MLS#: MBR22094499

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Property Type

Residential Income
Lot

0.10 acres

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Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* 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 1546 S Alabama Street

Schools

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
6/10/2026Source: MIBOR	Status Change	Pending
5/28/2026Source: MIBOR	Price Reduction	$194,900 -2.5%
4/9/2026Source: MIBOR	Added to Database	April 09, 2026