261 N Pershing Ave Indianapolis IN 46222 MLS 21606810

PENDING as of 7/8/2019 - $55,000
Photo one of 261 N Pershing Ave Indianapolis IN 46222 | MLS 21606810
261 N Pershing Ave
Indianapolis, IN 46222 MLS# 21606810
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Home Description: 261 N Pershing Ave

Seller is motivated so submit an offer! Price significantly decreased considering its current value and now at 11% cap rate. This is an As-Is sale. Great investment opportunity, rental home that sits in an Indiana Opportunity Zone and qualifies for tax free capital gains! Located in Hawthorne, along with Stringtown, is gaining traction with investors revitalizing homes due to proximity downtown. There's a lot of activity in this area with rebuilds and flips. Spacious 2 Beds, 2 Baths, two-story home with covered front porch.

  • Street Address: 261 N Pershing Ave
  • City: Indianapolis
  • Zip: 46222
  • County: Marion
  • Township: Wayne
  • Property Type: Single Family Residence
  • Style: See Remarks
  • Basement: Unfinished
  • Garage Description: 2 / Detached
  • Acres: <1/4 Acre
  • Lot Size: 37'X107'
  • Siding: Aluminum
  • Porch: Covered Patio

Approximate Room Sizes / Descriptions

Laundry Room6x8MainOther
Living Room18x10MainCarpeting
Dining Room10x10MainCarpeting
Bedroom 2nd10x12UpperCarpeting
  • Interior Description: Screens Some
  • Full Baths: 2
  • Half Baths: 0
  • Num Fireplaces: 0
  • Appliances: Dryer, Oven/Range-Gas, Refrigerator, Washer,
  • Eating Area: Formal Dining Room
  • Equipment: Not Applicable
  • Heating: ForcedAir


The average asking price of a 2 bedroom Indianapolis home in this zip code is $60,039 (9.2% more than this home).

This home is priced at $26/sqft, which is 51.6% less than similar homes in the 46222 zip code.

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261 N Pershing Ave Indianapolis IN 46222

Print Map | Driving Directions

Driving Directions:

Washington St to Pershing, North on Pershing to property.

School Information

  • School District:Indianapolis Public Schools


  • Approx Payment:$260*
  • Semi Annual Taxes:$544

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (219) 929-6162 and speak with one of our real estate consultants.

Listing Courtesy of Berkshire Hathaway Home.

261 N Pershing Ave, Indianapolis IN is a single family home of 2156 sqft and is currently priced at $55,000 . This single family home has 2 bedrooms and was built in 1910. A comparable home for sale at 1922 N Moreland Ave in Indianapolis is listed at $72,900. This home on 261 N Pershing Ave has decreased in price by $15,000 and the last change was on 6/23/2019. In addition to single family homes, Highgarden also makes it easy to find Condos, New Homes and Foreclosures in Indianapolis, IN. Rainbow Ridge, West Haven and Clifton Place are nearby neighborhoods. MLS 21606810 has been posted on this site since 11/15/2018 (248 days ago).