Listing provided courtesy of F.C. Tucker CompanyMLS# MBR22099306MLS Provider
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Investor Alert | Prime opportunity in a desirable Warren Township location. Welcome to 3329 N. Downey Avenue, an urban residential area on the northeast side of Indianapolis. This 1971 ranch-style cottage is full of potential and ready for its next chapter. Featuring 3 bedrooms, 1 bathroom, and 1,008 sq ft of living space, this single-family home presents an excellent opportunity for investors or buyers ready to bring their vision to life. The home offers a classic ranch-style layout with vinyl siding and original hardwood flooring, providing a solid foundation for renovation. The property includes a gravel driveway with additional street parking, no garage, and no central air. It is conveniently located near Wes Montgomery Park, which features a playground, splash pad, walking trails, sports fields, and a covered basketball pavilion. Also nearby are a public library, IPS schools, community centers, and major roadways. With easy access to Interstate 70 and Interstate 465, commuting to downtown is simple, with close proximity to attractions like the Indianapolis Zoo, Gainbridge Fieldhouse, and Lucas Oil Stadium. This is a cash-only, as-is sale. The home requires repairs and updates, making it ideal for an investor-ready renovation project. Whether you're planning your next flip, rental, or long-term hold, this property offers strong potential upside and is ready to become someone's next great project.

Source: MIBOR, MLS#: MBR22099306

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  • Property Type
    Residential
  • Lot
    0.13 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 3329 N Downey Avenue


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
5/5/2026Source: MIBOR Status Change
Pending
5/4/2026Source: MIBOR Added to Database
May 04, 2026