Fixer Upper - Primary on Main
Address
201 Hugo Street, Indianapolis, IN
Price
$ 135,000
Property Attributes
  • MLS#22124590
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaWarren
  • NeighborhoodGailcrest
  • Zip46229
  • StyleBungalow
  • Year Built1936
  • Taxes$ 2916
  • Price$ 135,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1860
  • Lot Size0.2 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Charming 1936 bungalow with honest character. Step onto the covered front porch and into a light-filled living space where original hardwood tells its story in warm, lived-in tones-a home that feels ready to hold endless new chapters upon the floor. It offers the kind of "keep on truckin'" bones that reward a little patience and a lot of vision. The kitchen keeps its vintage warmth, featuring a wood accent wall, classic white cabinetry, a pantry (rare for this era), and room to make it your own. Two cozy bedrooms offer comfortable everyday living, while the unfinished basement holds the real upside: with egress windows added, there's clear potential for two additional bedrooms. With laundry already in the basement, there's fantastic potential to add a second bathroom. Outside, a fully fenced yard, patio, and detached garage pad round out the property. Whether you're looking to move in and update over time or maximize equity through the basement conversion, 201 Hugo St offers a rare blend of classic personality and real potential in Indianapolis. Located in Cumberland, a small town that blends historic charm with suburban-style housing development about 15 miles east of downtown Indianapolis . While the community maintains a hometown feel with a quaint downtown district and annual events, its location along the Interstate 70 corridor has made it the focus of homebuilders and a destination for commuters seeking a quieter alternative to city living.

Price History
9/16/2026 Listed $135,000

General Features

Heating Baseboard,Forced Air,Natural Gas
Cooling Central Air
Utilities Cable Available,Natural Gas Available
Possession Closing
Appliances Dryer,Electric Oven,Washer,Electric Water Heater,Water Heater,Refrigerator
Patio/Porch Features Covered
Architectural Style Bungalow
Security Features Smoke Detector(s)
Construction Materials Aluminum Siding
Year Built 1936
Township Warren
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Gailcrest
Facing Direction West
Garage Y/N No
Total Rooms 7
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District MSD Warren Township
MLS Area 4905 - Marion - Warren
Lot Size Square Feet 8668
Property Attached Y/N No
Current Financing Conventional,FHA,FHA 203(k)
Property Condition Fixer
Additional Parcels Y/N No
Standard Status Active
Tax Lot 49-09-03-115-004.000-724
Legal Description Galecrest L188

Interior Features

Interior Amenities Attic Access,Wood Work Painted,Breakfast Bar,Paddle Fan,Eat-in Kitchen,Hi-Speed Internet Availbl,Pantry
Basement Unfinished
Basement (Y/N) Yes
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Exterior Amenities Storage Shed
Fencing Fence Complete,Privacy,Gate,Front Yard
Parking Features Gravel
Lot Features Not In Subdivision,Storm Sewer,Street Lights,Mature Trees
Water Source Public
Foundation Details Block
Spa No
Building Area Total 1860
Lot Size Acres 0.2
Other Equipment Smoke Alarm,Sump Pump,Satellite Dish
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 46229

Price
AVG $260K
$140K
Taxes
AVG $3,091
$2,916
Year Built
AVG 1985
1936
Visits
AVG 82
1
Data Provided by Inside Real Estate®

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