# Indianapolis: Top 5 Renovation Picks - Aug 08, 2025

**URL:** <https://home.renovation.reviews/t/indianapolis-top-5-renovation-picks-aug-08-2025/20336>\
**Category:** Indianapolis\
**Tags:** indianapolis, redfin, renovation\
**Created:** [August 9, 2025, 2:42am UTC](https://home.renovation.reviews/t/indianapolis-top-5-renovation-picks-aug-08-2025/20336 "2025-08-09T02:42:59Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![reno\_properties](https://home.renovation.reviews/user_avatar/home.renovation.reviews/reno_properties/32/2809_2.png) [@reno\_properties](https://home.renovation.reviews/u/reno_properties)\
**Post date:** [August 9, 2025, 2:42am UTC](https://home.renovation.reviews/t/indianapolis-top-5-renovation-picks-aug-08-2025/20336/1 "2025-08-09T02:42:59Z")

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## 3481 Hillside Ave, Indianapolis, IN 46218 — $95,000

- Beds/Baths/Sqft: 2 bd / 1 ba / 1,980 sqft
- Price per SqFt: $48
- Lot size: 6,534 sqft
- Year Built / Type: 1949 / Single Family Residential
- Summary: This spacious 2-bedroom home offers significant potential for renovation, especially with a large basement that could be converted into additional living space.
- Renovation rationale:
  - Low entry price of $95,000 and an attractive price per square foot at $48.
  - The older build year (1949) indicates potential for value-add through modern updates.
  - The large lot size of 6,534 sqft provides outdoor space for enhancements.

- Why these metrics matter for renovation:
  - The low price per square foot allows for a more extensive renovation budget while maintaining good margins for resale or rental income.
  - The potential to convert the basement into a third bedroom increases overall living space and marketability.

- Recommended renovation ideas: Update the kitchen and bathroom, finish the basement for additional living space, and enhance curb appeal with landscaping.
- [View on Redfin](https://www.redfin.com/IN/Indianapolis/3481-Hillside-Ave-46218/home/66941284)

![](https://ssl.cdn-redfin.com/photo/147/bigphoto/555/22055555_0.jpg)

## 4201 Bowman Ave, Indianapolis, IN 46227 — $140,000

- Beds/Baths/Sqft: 2 bd / 1 ba / 612 sqft
- Price per SqFt: $229
- Lot size: 8,102 sqft
- Year Built / Type: 1921 / Single Family Residential
- Summary: This cozy home is perfect for those looking to invest in a property with potential for expansion and upgrades.
- Renovation rationale:
  - Low entry price at $140,000 makes it accessible for first-time investors.
  - The older construction year (1921) suggests opportunities for modern updates.
  - Ample lot size of 8,102 sqft allows for potential expansions or outdoor improvements.

- Why these metrics matter for renovation:
  - The price per square foot is higher but offset by the lot size, allowing for potential additions or outdoor enhancements.
  - The single bathroom presents an opportunity to add additional bathrooms, increasing value.

- Recommended renovation ideas: Add a second bathroom, modernize the kitchen, and enhance the outdoor space.
- [View on Redfin](https://www.redfin.com/IN/Indianapolis/4201-Bowman-Ave-46227/home/82315529)

![](https://ssl.cdn-redfin.com/photo/147/bigphoto/599/22055599_0.jpg)

## 4628 Dean St, Lawrence, IN 46226 — $145,000

- Beds/Baths/Sqft: 2 bd / 1 ba / 852 sqft
- Price per SqFt: $170
- Lot size: 9,932 sqft
- Year Built / Type: 1955 / Single Family Residential
- Summary: This updated ranch home is move-in ready and offers room for future enhancements, especially in the spacious backyard.
- Renovation rationale:
  - Reasonable entry price of $145,000 with a price per square foot of $170.
  - Built in 1955, indicating potential for value-add renovations.
  - A large lot size of 9,932 sqft provides ample space for outdoor improvements or expansions.

- Why these metrics matter for renovation:
  - The price per square foot allows for a modest renovation budget while maintaining value for rental or resale.
  - The single bathroom presents a straightforward opportunity to add more bathrooms, enhancing the property’s appeal.

- Recommended renovation ideas: Consider adding a second bathroom, updating kitchen appliances, and landscaping the spacious yard.
- [View on Redfin](https://www.redfin.com/IN/Indianapolis/4628-Dean-St-46226/home/60055922)

![](https://ssl.cdn-redfin.com/photo/147/bigphoto/394/22054394_0.jpg)

## 3132 Wallace Ave, Indianapolis, IN 46237 — $122,000

- Beds/Baths/Sqft: 3 bd / 1 ba / 1,200 sqft
- Price per SqFt: $102
- Lot size: 6,229 sqft
- Year Built / Type: 1955 / Single Family Residential
- Summary: This charming home with three spacious bedrooms offers a welcoming retreat and significant renovation opportunities.
- Renovation rationale:
  - Low entry price of $122,000 with a competitive price per square foot at $102.
  - The home’s age (1955) suggests potential for modern updates and improvements.
  - The lot size of 6,229 sqft allows for outdoor enhancements or expansions.

- Why these metrics matter for renovation:
  - The low price per square foot enhances the feasibility of renovations, allowing for a larger budget for upgrades.
  - The three-bedroom layout offers flexibility for additional bathrooms or living spaces, increasing potential value.

- Recommended renovation ideas: Update the kitchen and bathroom, add a second bath, and improve the backyard space.
- [View on Redfin](https://www.redfin.com/IN/Indianapolis/3132-Wallace-Ave-46218/home/60034081)

![](https://ssl.cdn-redfin.com/photo/147/bigphoto/583/22055583_0.jpg)

## 5931 Rawles Ave, Indianapolis, IN 46219 — $170,000

- Beds/Baths/Sqft: 3 bd / 1 ba / 954 sqft
- Price per SqFt: $178
- Lot size: 10,803 sqft
- Year Built / Type: 1916 / Single Family Residential
- Summary: This charming home features a practical layout and is ready for updates to maximize its potential.
- Renovation rationale:
  - Priced at $170,000 with a price per square foot of $178, making it a reasonable investment.
  - The property’s older build year (1916) provides opportunities for significant renovations.
  - A large lot size of 10,803 sqft allows for outdoor improvements or expansions.

- Why these metrics matter for renovation:
  - The price per square foot supports a renovation budget that can enhance value significantly.
  - The three-bedroom layout allows for easy conversion or additions, increasing marketability.

- Recommended renovation ideas: Update the kitchen and bathroom, consider expanding the living space, and enhance landscaping.
- [View on Redfin](https://www.redfin.com/IN/Indianapolis/5931-Rawles-Ave-46219/home/60008796)

![](https://ssl.cdn-redfin.com/photo/147/bigphoto/604/22055604_0.jpg)

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**Author:** ![Tim\_Michael1](https://home.renovation.reviews/user_avatar/home.renovation.reviews/tim_michael1/32/6294_2.png) [@Tim\_Michael1](https://home.renovation.reviews/u/Tim_Michael1)\
**Post date:** [August 15, 2025, 10:12am UTC](https://home.renovation.reviews/t/indianapolis-top-5-renovation-picks-aug-08-2025/20336/2 "2025-08-15T10:12:59Z")

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Gonna share this with my friend

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**Author:** ![Tim\_curtis](https://home.renovation.reviews/user_avatar/home.renovation.reviews/tim_curtis/32/2766_2.png) [@Tim\_curtis](https://home.renovation.reviews/u/Tim_curtis)\
**Post date:** [August 15, 2025, 3:40pm UTC](https://home.renovation.reviews/t/indianapolis-top-5-renovation-picks-aug-08-2025/20336/3 "2025-08-15T15:40:19Z")

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Perfect selection from Indianapolis

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**Author:** ![Theodore\_3456](https://home.renovation.reviews/user_avatar/home.renovation.reviews/theodore_3456/32/2821_2.png) [@Theodore\_3456](https://home.renovation.reviews/u/Theodore_3456)\
**Post date:** [August 16, 2025, 8:23am UTC](https://home.renovation.reviews/t/indianapolis-top-5-renovation-picks-aug-08-2025/20336/4 "2025-08-16T08:23:21Z")

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Excellent renovation picks.

Gonna let my friends know about this