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$325,000
$1,650Reward *
8632 El Rico Drive, Indianapolis, IN 46240Listing ID 22114986

8632 El Rico Drive, Indianapolis, IN 46240

Active
El Rico
Time on site: 25 days • Last updated: 5 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
3
Square Feet
Square Feet
3,270
Acres
Acres
0.88
Days on Site
Days on Site
25
Cooling
Cooling
None
Heating
Heating
Forced Air, Natural Gas
Year Built
Year Built
1953
Garages
Garages
4
Parking
Parking
Attached, Detached, Concrete, Garage Door Opener, Storage, Workshop in Garage

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.

Property Information

Property Details

Location

Address
8632 El Rico Drive
County
Marion
City
Indianapolis
Zip Code
46240
Subdivision
El Rico
School District
MSD Washington Township
High School
North Central High School
Elementary School
Nora Elementary School
MLS Area
4903 - Marion - Washington

Interior Features

Beds and Baths

Bedrooms
3
Main Level Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1

Building

Building Information

Square Feet
3,270
Year Built
1953
Construction
Brick, Stone
Foundation
Block, Full
Condition
Fixer

Financial

Special Conditions
As Is

Property Taxes

Tax Year
2025
FS Houses LLC, (317) 760-2897

Market Report for 46240

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 06:08 AM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR39171 • MBR34119