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Bid on 334 E 7th St | Indianapolis Real Estate Auction

Estate Auction: 334 E 7th St | Mass Ave Arts District | Opening Bid $150K

BURGESS AUCTIONS LLC

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(765) 445-7814

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www.burgessauctions.com

334 East 7th Street
Indianapolis, IN 46202

Downtown Indianapolis Condo | Steps from Mass Ave Arts District

Auction Details

Online Bidding Opens: Wednesday, June 10, 2026 at 12:00 PM

Live Auction: Friday, June 12, 2026 at 12:00 PM (Noon)

Location: On-Site at 334 E 7th Street

Opening Bid: $150,000

Buyer's Premium: 10%

Earnest Money: $10,000

Property Overview

Guardianship Motivated to Sell

The Guardianship of Diana Goddard, represented by Sienna Knight, is highly motivated to sell. The Personal Representative is prepared to confirm reasonable market bids promptly following the auction. This is a genuine opportunity to acquire a prime downtown Indianapolis condo at true market value.

Downtown Indianapolis Condo — Steps from Mass Ave Arts District

Prime location in Renaissance Place! This 1,120 sq ft condo offers serious upside potential for investors and owner-occupants. Features 1 bedroom plus a 14×12 loft, 1.5 bathrooms, and a rare 1-car attached garage — a premium downtown amenity worth $15,000-$25,000 in added value.

Value-Add Opportunity: Needs cosmetic updates (flooring, paint) but tremendous potential in one of Indianapolis' strongest real estate markets.

Property Features

Living Space

1,120 sq ft total
550 sq ft main level
570 sq ft upper level
1 bedroom
Convertible loft (14×12)
1.5 bathrooms

Interior Features

Living room fireplace
Open floor plan
Natural light throughout
Loft ideal for office or 2nd bedroom

Outdoor & Parking

1-car attached garage (350 sq ft)
Private patio
Covered porch
Tree-lined street

HOA & Amenities

Low-maintenance: $210/month
Property insurance included
Lawn care & landscaping
Exterior maintenance
Snow removal

Location

Walking distance to Mass Ave restaurants, galleries, nightlife, and shopping. Tree-lined streets in one of Indianapolis' most desirable urban neighborhoods.

Neighborhood: Renaissance Place
County: Marion County
Parcel ID: 49-11-01-206-020.000-101
Year Built: 1982
Property Taxes: $1,731 semi-annually

Auction Terms & Conditions

Opening Bid

$150,000

Buyer's Premium

10% added to final bid

Earnest Money

$10,000 (non-refundable)

Closing

30 days from confirmation

Important Terms

Property Condition: AS-IS, WHERE-IS — NO WARRANTIES or GUARANTEES
Contingencies: NONE (no financing, inspection, or appraisal contingencies)
Subject To: Confirmation by Sienna Knight for Guardianship of Diana Goddard within 24 hours
Inspections: Must be completed BEFORE June 12, 2026
Closing Deadline: On or before July 12, 2026
Tax Proration: Seller pays May 2026 installment; Buyer assumes all taxes thereafter

Critical Notice: If you are obtaining financing, you must secure a firm loan commitment BEFORE bidding. Denial of financing, low appraisal, or changes in your financial circumstances do NOT excuse you from the obligation to close.

Registration Requirements

All potential bidders must register prior to bidding:

Completed and signed Bidder Registration & Acknowledgment Form
Valid government-issued photo identification
Proof of financial capability (bank statement, proof of funds, or current pre-approval letter)

Online bidders must register at www.burgessauctions.com prior to placing any bids.