Seller Financing
Address
1542 S Alabama Street, Indianapolis, IN
Price
$ 324,900
Property Attributes
- MLS#22102598
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaCenter
- NeighborhoodWoodruff Sub Morris Add
- Zip46225
- StyleCraftsman
- Year Built1900
- Taxes$ 9638
- Price$ 324,900
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage2899
- Lot Size0.12 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Seller Financing Available! No traditional bank approval required. Buyers must provide a down payment and proof of income. Terms, including interest rate and repayment schedule, will be determined based on the buyer's qualifications and down payment. Don't miss this excellent opportunity in the heart of the historic Bates-Hendricks neighborhood! Located in the heart of the highly sought-after Bates-Hendricks neighborhood, this beautifully appointed 2-story home offers the perfect blend of historic charm, modern comfort, and unbeatable convenience to downtown Indianapolis. Featuring over 2,300 square feet of living space, this spacious residence includes 4 bedrooms and 3 full bathrooms, plus a half-bathroom on the main level, designed for comfortable living and entertaining. The main-level primary suite provides exceptional convenience and privacy, complete with a stunning ensuite bath that creates the perfect retreat. Upstairs, you'll find two generously sized bedrooms, each offering their own private full bathroom - ideal for room mates, guests, family members, or multi-generational living. Step outside to enjoy the large private wooden rear deck overlooking the fenced backyard with a wooden privacy fence, providing a secure space for children or fur babies to play. The detached 2-car garage includes built-in shelving and a workbench for the DIYer, while the gated rear access adds both convenience and security. Enjoy one of Indianapolis' most desirable urban lifestyles with an approximately 8-minute bike ride to Eli Lilly and Company World Headquarters and only minutes from Monument Circle and all that downtown Indianapolis has to offer. Don't miss this rare opportunity to own a beautiful home in one of Indianapolis' most historic and vibrant neighborhoods!
| Price History | |
|---|---|
| 5/18/2026 | Listed $339,900 |
| 6/5/2026 | 5$324,900 |
General Features
| Heating | Natural Gas |
|---|---|
| Cooling | Central Air |
| Possession | Closing |
| Appliances | Dishwasher,Electric Water Heater,Disposal,Microwave,Gas Oven,Refrigerator,Washer,Water Heater |
| Garage Spaces | 2 |
| Patio/Porch Features | Covered,Deck |
| Architectural Style | Craftsman |
| Construction Materials | Vinyl With Stone |
| Year Built | 1900 |
| Township | Center |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | Woodruff Sub Morris Add |
| Garage Y/N | Yes |
| Total Rooms | 7 |
| Full Baths | 3 |
| Status | Active |
| Directions | GPS Friendly |
| City | Indianapolis |
| High School District | Indianapolis Public Schools |
| MLS Area | 4910 - Marion - Center |
| Lot Size Square Feet | 5401 |
| Property Attached Y/N | No |
| Current Financing | Contract,Conventional,FHA,VA,SeeRemarks |
| Standard Status | Active |
| Tax Lot | 23 |
| Legal Description | Woodruff Sub Morris Add 120Ft E End L23 120Ft Eend Of 5Ft N End L24 |
Interior Features
| Interior Amenities | Walk-In Closet(s) |
|---|---|
| Basement | Unfinished |
| Basement (Y/N) | Yes |
| Half Baths | 1 |
| Laundry Features | In Unit,Laundry Closet |
| Total Bedrooms | 4 |
| Main Level Bedrooms | 2 |
| LivingAreaSource | Assessor |
| Total Baths | 4 |
Exterior Features
| Parking Features | Detached |
|---|---|
| Water Source | Public |
| Foundation Details | Partial |
| Building Area Total | 2899 |
| Lot Size Acres | 0.12 |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46225
Price
Taxes
Year Built
Visits
MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than eXp Realty in Metropolitan Indianapolis may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: August 20, 2026 6:34 PM UTC
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on August 20, 2026 6:28 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing
