Located at 242 N Arsenal Ave, this historic Holy Cross residence is full of character and charm, waiting for its next owner to make interior updates and cosmetic repairs. Lovingly maintained this home offers endless potential for your personal updates and vision. The exterior has been thoughtfully restored within the past year, with fresh paint, extensive wood replacement, and fully restored trough gutters, so you can focus on the interior. Inside, the first floor showcases original hardwood floors, stained wood trim, and large original windows that fill the home with natural light. The updated kitchen provides generous cabinet and countertop space, ideal for everyday living or entertaining. Upstairs, you'll find a wide-open space ready to be transformed into your dream primary suite, multiple additional bedrooms, or even a private in-law suite. With four bedrooms, two full bathrooms, and 2,805 square feet of living space, this home balances historic charm with flexibility. Outside, the spacious backyard offers plenty of room for gardening, gatherings, or simply enjoying the outdoors. Beyond the home itself, the location is a true highlight. Nestled in the vibrant Holy Cross neighborhood, you're within walking distance to downtown Indianapolis and just steps from bike paths that connect you to the Cultural Trail and Monon Trail. A variety of restaurants, coffee shops, and local spots for drinks are just around the corner, making it easy to enjoy everything the city has to offer. This Holy Cross gem is the perfect place to create lasting memories in one of Indy's most connected and desirable neighborhoods.