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4147 Bowman Avenue

Indianapolis, IN 46227
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Bed 3

Bed

Bath 2

Bath

SqFt1,034

Sqft

Acres0.12

Acre(Lot)

Investment Opportunity Near the University of Indianapolis! This move-in-ready 3-bedroom, 1.5-bath ranch offers exceptional potential for investors, first-time homebuyers, and those seeking a strong rental property in a high-demand Indianapolis location. Situated on the city's south side, this property is just minutes from the University of Indianapolis, major employers, I-65, downtown Indianapolis, shopping, dining, and entertainment. Inside, you'll find beautiful hardwood floors throughout, a functional floor plan, and a remodeled eat-in kitchen featuring updated modern finishes and stainless steel appliances. A dedicated laundry room, enclosed front porch, and detached 2-car garage add convenience and value, while the spacious lot provides room for outdoor enjoyment and future improv ements. With strong rental demand near the University of Indianapolis and continued growth throughout the south Indianapolis market, this property presents multiple investment strategies, including buy-and-hold, long-term rental, owner-occupant, or value-add opportunities. Its desirable location, solid condition, and income-producing potential make it an attractive addition to any real estate portfolio. Don't miss this opportunity to own an affordable Indianapolis investment property with excellent upside potential. Schedule your private showing today and discover the possibilities.

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Detail Ic Property Details

Property Type : Residential

Price : $180,000

AD Id : 86122520

MLS Id : MBR22110189

Beds : 3

Lot Size : 0.12 Acre

Living Area Size : 1,034

Year Built : 1968

Garage : 2

County : Marion

Subdivision: University Heights

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Feature Features

  • Bedroom Information

    Total Bedroom: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 5

    Interior Features

    Hardwood Floors Appliances: Dryer, Microwave, Electric Oven, Refrigerator, Washer
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Electric, Forced Air Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1968

  • Lot Information

    Lot Square Feet: 5401 Lot Acres: 0.12

    Property Information

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

  • Listing Price Information

    Original List Price:$180000

  • Tax Information

    Tax Lot: 191 Tax Legal Description: Elders University Hgts L191 Tax Year: 2024 Parcel Number: 491031101001260501

  • Parking Information

    Detached

    Garage Information

    Has Garage: Yes Garage Space: 2 Garage SQFT: 520

  • School Information

    Elementary School: Raymond F Brandes School 65 Junior High School: Arlington Community Middle School Senior High School: Arsenal Technical High School
  • Utility Information

    Water Source: Public
  • Location Information

    Subdivision: University Heights City: Indianapolis Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7912 S Sherman Drive, Indianapolis, IN, 46227 $220,000 3 2 1,220 1,220 SqFt
7423 Snowflake Drive, Indianapolis, IN, 46227 $260,000 3 2 1,539 1,539 SqFt
3630 Remington Drive, Indianapolis, IN, 46227 $192,000 3 1 910 910 SqFt
3712 E Edgewood Avenue, Indianapolis, IN, 46227 $489,900 6 7 11,860 11,860 SqFt
8410 Armistead Lane, Indianapolis, IN, 46227 $244,900 3 2 1,272 1,272 SqFt
7120 Hearthstone Way, Indianapolis, IN, 46227 $235,000 3 1 1,302 1,302 SqFt
8346 Montgomery Avenue, Indianapolis, IN, 46227 $250,000 4 2 1,907 1,907 SqFt
3450 Pleasant Creek Drive, Indianapolis, IN, 46227 $195,000 2 2 952 952 SqFt
3408 Oak Tree Drive, Indianapolis, IN, 46227 $249,900 3 2 1,376 1,376 SqFt
3544 Tulip Drive, Indianapolis, IN, 46227 $365,000 4 3 2,892 2,892 SqFt
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ByOwner last updated this listing 06/25/2026 @ 18:20

MLS: MIBOR #22110189 LISTED BY: Antwon Culbreath, Redfin Corporation 317-500-1705 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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