Mina and Karen of HGTV's Good Bones go over the floor plan for a two-story duplex they're planning to renovate and flip in Indianapolis's transitioning Bates-Hendricks neighborhood. "You're close enough to downtown and Fountain Square that you still have all the cool stuff," said Mina, "but you get more bang for your buck in Bates-Hendricks right now."

The Terrace Avenue Duplex. Mina and Karen purchased this essentially abandoned two-story duplex for $4000. The exterior is in rough shape with aged siding, broken windows, damaged gutters and crumbling concrete retaining wall and stairs. 

The Terrace Avenue Duplex. For the renovation, the original porch — which had previously been enclosed as part of an earlier modification — is opened back up and enhanced with new lighting, new front door, columns and railing, upgraded stairs and a wood skirt in dark finish. The overall look of the exterior is freshened up with new siding painted in ecru, white trim and vintage-style fishscale shingles, painted sky blue, in the upper gable. An upstairs dormer was added to accommodate a new master bath on the second floor.

The home, which has about 1800 total square feet, was laid out as an over-and-under duplex with a main living area, kitchen and one bedroom on the lower floor, two bedrooms and a single kitchen on the upper.