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$529,500

Listing Price

9beds

3baths

2,296sqft

4,792sqft lot

262 W Ray St, Indianapolis, IN 46225

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

122.47

Price / sqft

1919

Year built

Home Details

Incredible Investment Opportunity! Nestled just half a block from the iconic Colts Stadium and the bustling heart of downtown, this extraordinary property provides endless options and opportunity. Steps away from a world of entertainment, dining, and cultural experiences, this home offers unparalleled access to the vibrant downtown scene, making it a coveted spot for those who thrive on the citys energy. Behind the home is Babe Denny Park, providing a personal retreat amid urban life. Enjoy leisurely strolls, picnics, or simply unwind in nature, all just a stones throw from your doorstep. With nine generously sized bedrooms, this home is designed to accommodate large families, groups of friends, or even a thriving vacation rental business. This space ensures that everyone has room to relax and unwind. This property is currently thriving as a VRBO/Airbnb vacation home, creating an opportunity for savvy investors to tap into the booming short-term rental market in a prime location. Whether you envision it as a family home, a vacation rental, or a combination of both, this property adapts to your lifestyle and investment goals. This unique opportunity is seldom found in todays market! Dont miss this chance to own this rarity in one of the citys most coveted locations.

Interior Details

Square Feet
  • 2296

Bedrooms
  • 9

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 4792

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$8,185

$4,400

$375,800

--%

$380,200

2019

$8,185

$4,400

$338,900

--%

$343,300

2018

$7,690

$4,400

$315,100

--%

$319,500

2017

$4,924

$4,400

$223,900

--%

$228,300

2016

$1,385

$4,400

$58,500

--%

$62,900

2013

$1,306

$4,400

$58,200

--%

$62,600

2012

$531

$4,400

$58,200

--%

$62,600

2011

$477

$4,400

$56,800

--%

$61,200

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Average Home Price in 46225

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$185,000

4 Beds

3.5 Baths

2,000 Sqft

7,579 Lot (sqft)

Sold 09/23/2026

$529,500

9 Beds

3 Baths

2,296 Sqft

4,792 Lot (sqft)

Sold 09/29/2026

$349,000

5 Beds

3 Baths

2,278 Sqft

4,966 Lot (sqft)

Sold 10/05/2026

$699,871

4 Beds

3 Baths

2,384 Sqft

3,920 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
529,500
$
Down payment
105,900
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,177
$
HOA (Monthly)
0
$
PMI
0
$
$3,428
Your Payment
Total Monthly Payment:$3,428
Percent of Income:59%
Affordable:No

Details for 262 W RAY ST

Property Debt

Foreclosure Contact Details