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1525 Spruce St, Indianapolis, IN 46203
WALKTHROUGH THURSDAY, 08/20/26
MUST TEXT 317-751-9601 FOR ACCESS AND TIME

CASH ASKING PRICE
$ 79,990 CASH OR BEST OFFER

AFTER REPAIR VALUE
$ 165,000
Improving neighborhood Near Southeast next to Fountain Square!

RENTAL ESTIMATE
$ 1,269
Rent-O-Meter 2-Bed Average

PROPERTY DETAILS

• SFH
• Bed: 2
• Bath: 1
• Sq Ft: 996
• 1-Story Layout
• Basement: Yes
• Attic: Yes
• 6-Year-Old Water Heater
• Level Flooring
• 100-Amp Electrical Service
• Approx. 12 Windows
• Doors in Good Condition
• Current Occupancy Owner Occupied
• Occupancy at Close Vacant at Close
• Close of Escrow 10/09/26
• Best Offer Due By 08/21/26 12:00 PM
• Non-Refundable Earnest Money Deposit $ 5,000

MARKET ACTIVITY

SUBJECT PROPERTY: 1525 Spruce St / 2 Beds / 1 Bath / 996 Sqft / Built 1955 / 5,184 Sqft Lot

COMPARABLES / RECENT ACTIVITY

• PENDING $197,900 – 1921 E Minnesota St / 2 Bed / 2 Bath / 1,096 Sqft / 3-Detached Garage / Built 1926
  • One extra bath
  • Older construction
• SOLD $179,900 – 1514 Lawton Ave / 2 Bed / 1 Bath / 1,000 Sqft / Built 1919
  • Older construction
• SOLD $150,000 – 1237 E Pleasant Run Parkway South Dr / 2 Bed / 1 Bath / 672 Sqft / Built 1949
• PENDING $150,000 – 1738 Thaddeus St / 2 Bed / 1 Bath / 825 Sqft / 1-Detached Gar/ Built 1920

LINK TO COMPS

!! JOIN OUR BUYER LIST: https://www.investbelowmarket.com/ !!