802 W 42nd Street | MLS #MBR22095160

Listing provided courtesy of Dix Realty GroupMLS# MBR22095160

Investor's dream in Butler-Tarkington! Just steps from Butler University, this property is full of potential and ready for your vision. Whether you're looking to renovate, resell or create a strong rental income stream, the location alone makes this an opportunity you don't want to miss. Featuring 2 bedrooms and 2 full baths, plus a basement with the potential to add a third bedroom, this home is ideal for a roommate-style layout or student housing. With the right updates, it can easily be transformed into a high-demand rental in one of Indianapolis's most desirable neighborhoods. 2 car detach garage and a long asphalt driveway so no parking worries here! Don't miss your chance to turn this property into a true income-producing asset in a prime location! See it today!

Source: MIBOR, MLS#: MBR22095160

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Property Type

Residential
Lot

0.17 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 802 W 42nd 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
6/15/2026Source: MIBOR	Price Reduction	$190,000 -5.0%
5/18/2026Source: MIBOR	Price Reduction	$200,000 -4.8%
5/16/2026Source: MIBOR	Status Change	Active
4/17/2026Source: MIBOR	Status Change	Pending
4/15/2026Source: MIBOR	Added to Database	April 15, 2026