Check out this house for sale… [sale link deprecated, but the address was 1512 Bellfontaine Street, Indianapolis, IN 46202] when I was looking to buy back in 2001, this is one of the houses in Old Northside that I passed on and then regretted later. It was in good shape except that it needed kitchen appliances. At that time, it was listed at $114,000, which was just out of my price range, and it had no kitchen appliances. Now, it’s listed at $249,900. Yeah, you read that right — a quarter of a million dollars. From the on picture of the inside, it doesn’t look like they did that much to it.
2014 Update: boy, do I wish I had bought that house at $114,000. I would have put a lot less time and effort into it, and I’d probably still be in it today.
2019 Update: It’s estimated to be worth $405,149 today.