8632 El Rico DR Indianapolis, IN 46240 New

UPDATED: 07/23/2026 10:16 PM ON MARKET: 3 days on market

$325,000

3 Beds3 Baths3,270 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,270 sqft

Price per Sqft $99

Subdivision El Rico

MLS Listing ID 22114986

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1953

Tax Year 2025

Lot Size 0.880 Acres

Acres 0.88

Property Sub-Type Single Family Residence

Location

State IN

County Marion

Rooms

Basement Daylight,Finished,Finished Ceiling

Main Level Bedrooms 3

Kitchen Kitchen Some Updates

Interior

Interior Features Walk-In Closet(s)

Heating Forced Air,Natural Gas

Cooling None

Fireplaces Number 2

Fireplaces Type Living Room

Fireplace Y

Appliance None

Exterior

Exterior Feature Barn Mini

Garage Spaces 4.0

Water Access Desc Private

Building

Story One

Foundation Block,Full

Water Private

Architectural Style Ranch

Structure Type Brick,Stone

New Construction false

Schools

Elementary Schools Nora Elementary School

Middle Schools Northview Middle School

High Schools North Central High School

School District Msd Washington Township

Property Description

Opportunity awaits at 8632 El Rico Dr! This bank-owned property is ready for its next chapter and offers endless potential for investors, flippers, or buyers looking to create their dream home. While the home needs finishing touches and updates, the value is in the incredible location, spacious lot, and unmatched garage space. Situated on nearly an acre in a highly desirable area near Keystone Crossing, Nora, shopping, dining, and the Monon Trail, this property features a large yard with plenty of room to entertain, expand, or simply enjoy the outdoors. A standout feature is the 7+ garage spaces, providing exceptional storage for car enthusiasts, hobbyists, contractors, or anyone needing workshop space. The home also offers a full basement, adding even more usable space and possibilities. Bring your vision and transform this property into something truly special. Being sold As-Is.

Digital Millennium Copyright Act – DMCA Notice Based on information submitted to the MLS GRID as of 07/26/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.