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1542 S Alabama Street

Indianapolis, IN 46225
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Bed 4

Bed

Bath 4

Bath

SqFt2,899

Sqft

Acres0.12

Acre(Lot)

Seller Financing Available! No traditional bank approval required. Buyers must provide a down payment and proof of income. Terms, including interest rate and repayment schedule, will be determined based on the buyer's qualifications and down payment. Don't miss this excellent opportunity in the heart of the historic Bates-Hendricks neighborhood! Located in the heart of the highly sought-after Bates-Hendricks neighborhood, this beautifully appointed 2-story home offers the perfect blend of historic charm, modern comfort, and unbeatable convenience to downtown Indianapolis. Featuring over 2,300 square feet of living space, this spacious residence includes 4 bedrooms and 3 full bathrooms, plus a half-bathroom on the main level, designed for comfortable living and entertaining. The main -level primary suite provides exceptional convenience and privacy, complete with a stunning ensuite bath that creates the perfect retreat. Upstairs, you'll find two generously sized bedrooms, each offering their own private full bathroom - ideal for room mates, guests, family members, or multi-generational living. Step outside to enjoy the large private wooden rear deck overlooking the fenced backyard with a wooden privacy fence, providing a secure space for children or fur babies to play. The detached 2-car garage includes built-in shelving and a workbench for the DIYer, while the gated rear access adds both convenience and security. Enjoy one of Indianapolis' most desirable urban lifestyles with an approximately 8-minute bike ride to Eli Lilly and Company World Headquarters and only minutes from Monument Circle and all that downtown Indianapolis has to offer. Don't miss this rare opportunity to own a beautiful home in one of Indianapolis' most historic and vibrant neighborhoods!

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Detail Ic Property Details

Property Type : Residential

Price : $324,900

AD Id : 78835655

MLS Id : MBR22102598

Beds : 4

Lot Size : 0.12 Acre

Living Area Size : 2,899

Year Built : 1900

Garage : 2

County : Marion

Subdivision: Woodruff Sub Morris Add

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Room Information

    Rooms Total: 7 Has Basement: Yes

    Interior Features

    Walk-In Closet(s) Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator, Washer, Water Heater Laundry Features: In Unit, Laundry Closet
  • Flooring Information

    Construction Materials: Vinyl With Stone
  • Heating & Cooling

    Heating: Natural Gas Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1900

  • Lot Information

    Lot Square Feet: 5401 Lot Acres: 0.12

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Craftsman

  • Listing Price Information

    Original List Price:$339900

  • Tax Information

    Tax Lot: 23 Tax Legal Description: Woodruff Sub Morris Add 120Ft E End L23 120Ft Eend Of 5Ft N End L24 Tax Year: 2024 Parcel Number: 491113162007000101

  • Parking Information

    Detached

    Garage Information

    Has Garage: Yes Garage Space: 2 Garage SQFT: 484

  • Utility Information

    Water Source: Public
  • Location Information

    Subdivision: Woodruff Sub Morris Add City: Indianapolis Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1821 S East Street, Indianapolis, IN, 46225 $350,000 3 3 2,175 2,175 SqFt
1654 S Talbott Street, Indianapolis, IN, 46225 $310,000 4 2 1,986 1,986 SqFt
2515 S New Jersey Street, Indianapolis, IN, 46225 $170,000 2 1 1,224 1,224 SqFt
1614 S East Street, Indianapolis, IN, 46225 $375,000 3 4 2,620 2,620 SqFt
1041 S East Street, Indianapolis, IN, 46225 $350,000 2 2 1,128 1,128 SqFt
1306 S East Street, Indianapolis, IN, 46225 $364,500 4 3 2,624 2,624 SqFt
438 Orange Street, Indianapolis, IN, 46225 $298,900 3 2 1,524 1,524 SqFt
437 Sanders Street, Indianapolis, IN, 46225 $375,000 4 3 3,265 3,265 SqFt
1555 S New Jersey Street, Indianapolis, IN, 46225 $295,000 2 2 1,594 1,594 SqFt
350 E Minnesota Street, Indianapolis, IN, 46225 $340,000 4 3 2,556 2,556 SqFt
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ByOwner last updated this listing 06/24/2026 @ 18:20

MLS: MIBOR #22102598 LISTED BY: Fred McIntire, Keller Williams Indy Metro S 317-271-5959 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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