1542 S Alabama Street
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1542 S Alabama StreetIndianapolis, IN 46225


Active
$386,900 $1K
$385,900
Asking Price
4
Bd
4
Ba
2,899
Sqft
0.12
Ac Lot

1542 S Alabama Street Indianapolis, IN 46225


Single Family Property Type
244 daysTime on Dwellane
$154Price per sqft
2 carsGarage
1900Year Built
Basement
Price Reduced! Motivated Seller! Wow! This completely remodeled 4-bed, 3.5-bath Bates Hendricks home perfectly blends modern updates with original charm. Step inside and be greeted by a striking open-concept living, dining, and kitchen area, ideal for entertaining. The kitchen boasts ample storage, a stunning glass tile backsplash, a spacious island, and an incredible microwave drawer. A top-of-the-line washer/dryer combo is conveniently located just off the kitchen. The main-floor primary suite offers a luxurious retreat, featuring a walk-in closet, a double vanity, and a beautifully tiled shower. Upstairs, two en-suite bedrooms provide privacy and convenience for guests or family members. The fully fenced backyard is complete with a large deck, perfect for gatherings and outdoor relaxation. The property also features private alley access to a spacious parking area and a two-car garage, setting it apart from the rest. Additional updates include a brand-new water heater, AC, and plumbing for peace of mind. Nestled on a quiet, tree-lined street with a picturesque center island that bursts into color in spring and fall, this home is one house away from the elementary school-perfect for families. Located in historic Bates Hendricks, you'll enjoy proximity to Fletcher Park, Fountain Square, and downtown Indianapolis. Easy access to I-65 and I-70 makes commuting a breeze, and major employers like Eli Lilly and IU are just minutes away. For investors, this home is a perfect turnkey rental opportunity-ideal for long-term, mid-term, or short-term rentals. Its prime location, modern updates, and move-in-ready condition make it a fantastic income-producing property. For owner-occupants, a $10,000 grant opportunity is available! Ask me for details on how to take advantage of this incredible offer. Don't miss out-schedule your showing today! The seller is highly motivated, so bring your offers and make this stunning downtown gem yours!

Approximate location on a geospatial gridSouth Central Indy
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Year Built

1900

City

Indianapolis

Type

Single Family Residence

Neighborhood

Bates-Hendricks

County

Marion

Lot Size

0.12 ac / 5,401 sqft

Bedrooms

4

Full Bathrooms

3

Half Bathrooms

1

Garage Capacity

2

Living Area Total

2,899 sqft

Price per sqft

$153.50

Living Area Main & Upper

2,366 sqft

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Listing Agent

Kindra Keller
317-941-6852

Listing Provider

BluPrint Real Estate Group

MLS #

22011748

Source

MIBOR as distributed by MLS GRID

Last Modified

Mon Jul 07 2025

Listed on

Fri Nov 15 2024


Property History

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Bates-Hendricks

Approximate location on a geospatial gridSouth Central Indy
Bates-Hendricks media

Bates-Hendricks is a historic neighborhood located just south of downtown Indianapolis, bordered by key cultural and entertainment districts like Fountain Square and Old Southside. Originally named after early Indiana leaders Hervey Bates and Thomas Hendricks, the area has long-standing roots, with the Bates-Hendricks House recognized as a landmark on the National Register of Historic Places. Though primarily residential, the neighborhood offers direct access to I-65 and I-70, and its location makes it easy to reach Lucas Oil Stadium, Bankers Life Fieldhouse, and the Indianapolis Cultural Trail.

The neighborhood has seen significant revitalization efforts in recent years, driven in part by local homeowners and the spotlight from HGTV’s Good Bones. These efforts have restored many historic homes and spurred economic activity, including the opening of Two Chicks District Co., a local business offering home goods and a café. While Bates-Hendricks doesn’t have a major commercial center, it’s home to small, beloved spots like Tex Mex Taqueria, Lincoln Lane Coffee Co., and Indy All Night. Local bars like The Vault Indy and Bowhaus Tap Bar add to the social scene.

Outdoor spaces are a key part of life in Bates-Hendricks. Residents enjoy close access to the Pleasant Run Greenway and Garfield Park, a 128-acre public space featuring a conservatory, performing arts center, sunken gardens, and more. Within the neighborhood itself, you’ll find smaller parks like Hendricks Park and Ringgold Park, as well as Indy’s first off-leash dog park through a community partnership. These spaces, combined with active neighborhood engagement and ongoing investment, make Bates-Hendricks a community with both character and connectivity.

Neighborhood Features

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