2506 Prospect St

Gut-rehab opportunity in Indianapolis' 46203, just off Fountain Square — a 1926 single-family already taken down to the studs, with a newer roof, updated electrical panel, and drywall already started on the second floor. Originally 2 bed / 1 bath (~1,637 sf) on a full basement; our plans take it to a 4-bed / 3-bath finish, and the open, studded-out layout easily supports it. Comparable remodels on nearby streets (Dawson, Villa, St. Peter) have sold from the high $200s into the $300s, with an ARV around $340K. Priced at $115,000 for a quick wholesale assignment — bring your crew and capture the value-add.