Listing courtesy of Brooks Real Estate Services · Listing agent: Constance Quizon

Virtual tour
ActiveSite-Built Home

12029 E 12029 E Washington Street

$229,900

$116.58 / sq ft

Est. $2,052/mo

Indianapolis, IN 46229

Original price $249,900 · Price reduced on September 23, 2026

Bedrooms
3
Bathrooms
2
Living area
1,972 sq ft
Lot
0.15 ac
Year built
1915
Type
Site-Built Home
Listed
August 23, 2026
MLS #
202634531

About this home

C-3 ZONED COMMERCIAL LIVE/WORK OPPORTUNITY! Fantastic opportunity for an owner-user or investor on E. Washington Street, so close to the Pency trail.The main level features five individual tattoo studio spaces Three are currently rented for $500/month, generating $1,500/month in current gross rental income, plus a half bath. Upstairs is an owner-occupied living area with a small kitchen and full bathroom. With three month-to-month rental spaces, C-3 zoning, commercial visibility, and an established live/work configuration, this property offers tremendous flexibility. The current configuration could also offer the potential to convert the property back to a single-family residence, subject to applicable zoning and permitting requirements. Continue the existing rental arrangement, operate your own business, create a live/work space, or explore a residential conversion. Buyer to verify zoning, permitted uses, conversion requirements, square footage, and all measurements.

Monthly payment estimate

$2,052/mo

Principal & interest
$1,258
Property taxes
$727
Homeowners insurance
$67
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
Two
Total rooms
7
Total area
1,972 sq ft
Finished area above grade
1,972 sq ft
Main level
1,972 sq ft
Upper level
1,972 sq ft
Bedrooms above grade
3
Full baths, upper level
1
Half baths, main level
1
Half baths, upper level
1
Heating
Forced Air
Cooling
Central Air
Laundry
Upper Level

Exterior & parking

Construction
Vinyl Siding
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Corner Lot
Lot size (acres)
0.15 ac
Lot dimensions
58 x109
Inside city limits
No
County
Marion County
Township
Warren
Road frontage
City Street
Lots
4
Platted
Yes
Planned unit development
No
Directions
E Washington as you enter Cumberland going East

Schools

Elementary school
Grassy Creek
Middle school
Creston
High school
Warren Central
School district
MSD of Warren Township

HOA & community

Association restrictions
No

Taxes & terms

Annual taxes
$8,722
Tax year
2025
Assessed value
$246,000
Possession
Negotiable
Parcel number
49-09-03-128-043.000-724

Utilities

Water
City
Well
Community
Sewer
Public Sewer

Location

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