c.1935 Indiana Fixer Upper For Sale $59,900

You’ll appreciate the peace of mind that comes with recent electrical work, plus an HVAC system and water heater both within five years old. Step outside to a generously sized backyard-perfect for summer evenings, pets, or a garden. Located near Margaret Avenue and 7th Street, you’ll have quick access to shopping, dining, and entertainment. A great fit for an owner-occupant or an investor looking for their next project.

• 2bed
• 1bath
• 818sqft
• 5,663sqft lot
• Circa 1935

More Indiana Properties

Pros

• Affordability: Generally lower housing costs and cost of living compared with many Indiana metro areas.
• Educational presence: Home to Indiana State University and a range of community college options, which adds cultural events, sports, and resources.
• Cultural and arts scene: Local theaters, museums (e.g., Swope Art Museum), live music, and university-led events bring community vibrancy.
• Riverfront and outdoors: Access to the Wabash River/Indiana State University trails, parks, and outdoor recreation.
• Healthcare options: Several hospitals and medical centers serving the region with a full-service healthcare ecosystem.
• Central location within the state: Easy driving distance to Indianapolis (about 2–3 hours) and other regional hubs.
• Walkability and neighborhoods: Some walkable downtown and well-defined residential neighborhoods with a slower pace than big cities.
• Growing dining and local business scene: A number of new eateries, cafes, breweries, and small businesses expanding the city’s offerings.

Cons

• Job market limitations: Economy leans on education, healthcare, and manufacturing; fewer high-growth tech or corporate opportunities than larger cities.
• Public transportation: Limited public transit options; reliance on driving is common.
• Weather: Cold, snowy winters and hot, humid summers; occasional severe weather risks.
• Crime in certain areas: Like many mid-sized cities, safety can vary by neighborhood; some areas have higher crime rates than others.
• Urban renewal and growth pains: Ongoing development can bring construction, traffic changes, and shifts in character in parts of the city.
• Schools vary by district: Public school quality can vary by neighborhood; many families weigh school boundaries when choosing where to live.
• River/ flood considerations: Proximity to water can raise flood risk in specific spots; ensure proper flood assessments for homes in low-lying areas.