$225,000

beds

baths

4,263

square ft

264 E Caven Street

Indianapolis, Indiana 46225

Pending / MLS #22090643 / Single Family / Bates-Hendricks

Listing information updated 3/25/2026 at 10:46pm

Welcome to an exceptional opportunity in the heart of one of Indy's most sought-after neighborhoods-Bates-Hendricks! This rare all-brick, 5-bedroom, 2 full bath home offers the perfect blend of historic character, size, and investment potential. With 2,842 square feet across the main and upper levels, this property is a true diamond in the rough-ideal for investors, house hackers, or buyers looking to create their dream home in a rapidly appreciating area. Step inside and envision the possibilities. The home features a unique layout with a separate upper-level living space, complete with 2 bedrooms, a full bath, and its own kitchen, making it perfectly suited for multi-generational living, rental income, or a duplex-style conversion. A side deck w/ private entrance enhances the flexibility and privacy of the upstairs unit-an incredibly desirable feature. Outside, you'll find amenities that are nearly impossible to come by in this neighborhood: A detached 1-car garage (a rare find in Bates-Hendricks) Gravel parking pad with space for 4 vehicles And the crown jewel-the adjacent vacant lot at 272 E Caven St can be INCLUDED in the sale w/ the right offer. This additional lot provides endless possibilities: expand the existing home, build new construction, create a private outdoor oasis, or hold as a long-term investment. Opportunities like this-side-by-side parcels in Bates-Hendricks-are extremely scarce. Located just minutes from downtown Indy, Fountain Square, and major highways, you're perfectly positioned to enjoy the growth, development, and vibrant community that make this area one of the city's hottest markets.

Full Features

Architecture Style:

Traditional

Exterior Type:

Brick

Basement:

Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Electric Water Heater, Gas Oven, Refrigerator

Main Level Primary Bedroom:

Yes

Pool:

Age:

75 Years

Parking Type:

Guest Street Parking

Parking Spaces:

Garage:

Garage - 1 Car(s)

Room Count:

Square Feet:

4,263

Lot Size:

0.16 Acres

Acreage:

0.16

Internal Features:

Attic Access, Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry

External Features:

Patio/Porch

Room Information

Living Room:

13x13 - Main

Dining Room:

12x10 - Main

Kitchen:

14x12 - Main

Family Room:

14x10 - Upper

Primary Bedroom:

14x13 - Main

2nd Bedroom:

10x10 - Main

3rd Bedroom:

10x10 - Main

4th Bedroom:

10x10 - Upper

Bedroom 5:

10x10 - Upper

Bonus Room:

12x10 - Upper

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

2025

Location

Zip Code:

46225

City:

Indianapolis

County:

Marion

Schools

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Traditional

Exterior Type:

Brick

Basement:

Unfinished

Beds Above Grade:

Cooling System:

None

Heating System:

Forced Air, Natural Gas

Appliances:

Dishwasher, Electric Water Heater, Gas Oven, Refrigerator

Main Level Primary Bedroom:

Yes

Pool:

Age:

75 Years

Parking Type:

Guest Street Parking

Parking Spaces:

Garage:

Garage - 1 Car(s)

Room Count:

Square Feet:

4,263

Lot Size:

0.16 Acres

Acreage:

0.16

Internal Features:

Attic Access, Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry

External Features:

Patio/Porch

Living Room:

13x13 - Main

Dining Room:

12x10 - Main

Kitchen:

14x12 - Main

Family Room:

14x10 - Upper

Primary Bedroom:

14x13 - Main

2nd Bedroom:

10x10 - Main

3rd Bedroom:

10x10 - Main

4th Bedroom:

10x10 - Upper

Bedroom 5:

10x10 - Upper

Bonus Room:

12x10 - Upper

Tax Amount:

N/A

Tax Year:

2025

Zip Code:

46225

City:

Indianapolis

County:

Marion

School District(s):

Indianapolis Public Schools

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: RE/MAX Advanced Realty

Listing Office Phone: 317.298.0961

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/25/2026 at 10:46pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.