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264 E Caven Street, 
Indianapolis, IN 46225

$225,000

5

Beds

2

Baths

2,842

Sq Ft

Single Family

Pending

Listed by

Lindsey Winkhart

RE/MAX Advanced Realty

317-298-0961

Last updated:

April 10, 2026, 07:30 AM

MLS#

22090643

Source:

IN MIBOR

About This Home

264 E Caven Street

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.

Home Facts

Single Family

2 Baths

5 Bedrooms

Built in 1951

Price Summary

225,000

$79 per Sq. Ft.

MLS #:

22090643

Last Updated:

April 10, 2026, 07:30 AM

Added:

21 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,842 Sq. Ft.

Structure

Structure

Building Area:

4,263 Sq. Ft.

Year Built:

1951

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$225,000

Price per Sq. Ft:

$79 per Sq. Ft.

Source:IN MIBOR
Copyright 2026 Metropolitan Indianapolis Board of Realtors. All rights reserved. Listings courtesy of Metropolitan Indianapolis Board of Realtors as distributed by MLS GRID. Metropolitan Indianapolis Board of Realtors provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Metropolitan Indianapolis Board of Realtors will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Metropolitan Indianapolis Board of Realtors.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.