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229 E Morris Street, Indianapolis, IN 46225

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For Sale

$20,000

3 beds • 1 baths • 1,181 sqft

Estimated Payment

$ 103 /mo. †

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $16.93
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

EXCLUSIVE OPPORTUNITY to grab a fixer-upper with "good bones" AND support Riley Children's Hospital. This rare chance awaits in sought-after Bates Hendricks - this diamond in the rough with unlimited potential is available for a limited time, with 100% of proceeds benefiting Riley Children's Hospital. Time is of the essence as this cash-only auction ends March 17th at 12:00pm sharp. Behind its current challenges lies a solid foundation waiting for your vision. Yes, there's an active water leak (location undetermined) and the property will require significant renovation - possibly a complete gut - but experienced investors recognize the extraordinary value proposition here. The home has three bedrooms, one bath and a basement. Location is everything in real estate, and this property delivers. Enjoy morning walks to Hendricks Park and convenient access to downtown amenities. Whether you're planning to flip for profit or establish a rental income stream, this property's prime position provides the essential foundation for success. This auction represents both a smart investment and a chance to support a vital community institution. Register now at Christys.com to participate in this cash-only auction. Additional property details available upon request. Don't miss this opportunity to transform a property with potential while making a meaningful difference for children in need.
MLS# 22025654

Courtesy Of Compass Realty

(317) 883-9461

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Exterior Type
    Brick
  • Lot Size
    0.1 Acres
  • Rooms
    Basement, Bonus Room, Dining Room, Kitchen, Living Room
  • View Type
    City

Map and Directions

Directions to 229 E Morris Street, Indianapolis, IN 46225

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 268-1800
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $103
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $103

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Ips Butler University Laboratory School 60

Grades PK-8 Public School

Indianapolis, IN 46205 4.5 miles
3330 n pennsylvania st

585 total students
12:1 Student teacher ratio

School Rating: C-

School Details

Center For Inquiry School 2

Grades KG-8 Public School

Indianapolis, IN 46202 1.8 miles
725 n new jersey st

438 total students
11:1 Student teacher ratio

School Rating: C+

School Details

Francis Parker Montessori School 56

Grades PK-8 Public School

Indianapolis, IN 46205 3.5 miles
2353 columbia ave

346 total students
8:1 Student teacher ratio

School Rating: D+

School Details

James A. Garfield School 31

Grades KG-8 Public School

Indianapolis, IN 46225 0.4 miles
307 lincoln st

284 total students
10:1 Student teacher ratio

School Rating: D

School Details

Purdue Polytechnic High School

Grades 9-12 Public School

Indianapolis, IN 46225 0.6 miles
525 s meridian st ste lla

543 total students
22:1 Student teacher ratio

School Rating: D-

School Details

Arsenal Technical High School

Grades 9-12 Public School

Indianapolis, IN 46201 2 miles
1500 e michigan st

2103 total students
10:1 Student teacher ratio

School Rating: F

School Details

Crispus Attucks High School

Grades 9-12 Public School

Indianapolis, IN 46202 2.3 miles
1140 dr martin luther king jr st

1157 total students
10:1 Student teacher ratio

School Rating: F

School Details

George Washington High School

Grades 9-12 Public School

Indianapolis, IN 46222 2.6 miles
2215 w washington st

798 total students
9:1 Student teacher ratio

School Rating: F

School Details

Shortridge High School

Grades 9-12 Public School

Indianapolis, IN 46208 4.6 miles
3401 n meridian st

1077 total students
9:1 Student teacher ratio

School Rating: D

School Details
Other Nearby Schools Distance Type Grades School Rating
Lumen Christi Catholic School 0.5 miles Private PK-12
Se Neighborhood School Of Excellence 0.8 miles Public KG-8 D+
Emmaus Lutheran School 0.9 miles Private PK-8
Longfellow Stem Magnet Middle School 1 miles Public 7-8 C+
Emmerich Manual High School 1.2 miles Public 10-12
Edison School Of The Arts 47 1.2 miles Public KG-8 C-
William Mckinley Elementary School 39 1.4 miles Public PK-6 B-
Invent Learning Hub 1.4 miles Public KG-7 D+
Eleanor Skillen Elementary School 34 1.4 miles Public PK-6 D+
Urban Act Academy School 14 1.5 miles Public PK-8 D-
Super School At Frederick Douglass School 19 1.5 miles Public KG-8 D-
Holy Cross Central School 1.5 miles Private KG-8
Christel House Academy South 1.6 miles Public KG-12 C
Christel House Dors 1.6 miles Public 9-12 D
Trinity Christian School 1.7 miles Private PK-12
Daniel Webster School 346 2 miles Public KG-8 D

Lumen Christi Catholic School

Distance: 0.5 miles

Type Private

Grades: PK-12

Se Neighborhood School Of Excellence

Distance: 0.8 miles

Type Public

Grades: KG-8

D+

Emmaus Lutheran School

Distance: 0.9 miles

Type Private

Grades: PK-8

Longfellow Stem Magnet Middle School

Distance: 1 miles

Type Public

Grades: 7-8

C+

Emmerich Manual High School

Distance: 1.2 miles

Type Public

Grades: 10-12

Edison School Of The Arts 47

Distance: 1.2 miles

Type Public

Grades: KG-8

C-

William Mckinley Elementary School 39

Distance: 1.4 miles

Type Public

Grades: PK-6

B-

Invent Learning Hub

Distance: 1.4 miles

Type Public

Grades: KG-7

D+

Eleanor Skillen Elementary School 34

Distance: 1.4 miles

Type Public

Grades: PK-6

D+

Urban Act Academy School 14

Distance: 1.5 miles

Type Public

Grades: PK-8

D-

Super School At Frederick Douglass School 19

Distance: 1.5 miles

Type Public

Grades: KG-8

D-

Holy Cross Central School

Distance: 1.5 miles

Type Private

Grades: KG-8

Christel House Academy South

Distance: 1.6 miles

Type Public

Grades: KG-12

C

Christel House Dors

Distance: 1.6 miles

Type Public

Grades: 9-12

D

Trinity Christian School

Distance: 1.7 miles

Type Private

Grades: PK-12

Daniel Webster School 346

Distance: 2 miles

Type Public

Grades: KG-8

D

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Indianapolis, IN 46225

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Indianapolis, IN 46225

This community’s employment is highest in the administrative support and education industries. The area’s overall household expenses are below the national average.

86° July
Hottest Average Month
19° January
Coldest Average Month
3,227 Total Households in Area
0.7% Increase in population since the year 2010
22%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Indianapolis, IN 46225

Indianapolis, IN 46225 has a population of 8,255 people in 3,227 households with a median age of 34.1 years old.

0.7%
Increase in population
since the year 2010
Population is Trending up
3,177
Total households as of 2010
3.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 34.1 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 68%
Hispanic 13%
Black 12%
Other 7%
Asian 3%
Native American <1%
The most prevalent ethnicity is White at 68%, followed by Hispanic at 13%, Black at 12%, and Other at 7%.

Economics
for Indianapolis, IN 46225

1,966 /sq mi
Population Density
$49,598 /yr
Median Household Income
$218,063
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 17.75% of the households.

Transportation to Work

  • Drive 71%
  • Walk or Bike 14%
  • Work from Home 11%
  • Public Transit 4%

Occupancy by Type

Rented 1,690 43%
Owned 1,537 39%
Vacant 745 19%

White vs Blue Collar Jobs







White Collar 69%
Blue Collar 31%

Family & Education Facts
for Indianapolis, IN 46225

34.1 Median Age

Average Household Size

2.2
persons per
household

22.3%

Married Households

Community Population By Education

High School Graduate 26%
Bachelors Degree 21%
Some High School 19%
Some College 16%
Graduate Degree 12%
Associates Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 26.13% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
22% of households have children

Weather
for Indianapolis, IN 46225

The weather for this area ranges from a high of 86° F in July to a low of 19° F in January

86° July
Hottest Average Month
19° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
19°
36°
Feb
22°
40°
Mar
31°
50°
Apr
41°
63°
May
51°
73°
Jun
60°
82°
Jul
64°
86°
Aug
62°
84°
Sep
54°
78°
Oct
43°
67°
Nov
33°
52°
Dec
24°
40°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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 powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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