Skip main navigation
Active
    • $199,900

    1420 E Edwards Ave, Indianapolis, IN 46227

    4beds
    3,396sqft
    : 
    Loading
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1905
    0.26 Acres Lot
    $-- Zestimate®
    $59/sqft
    $-- HOA

    What's special

    Covered front porchPrime corner lotNewer lp smartside sidingExpansive deckBeautiful mature landscapingFully fenced privacy-fenced backyardNewer roof
    Indianapolis investment opportunity on a prime corner lot near the University of Indianapolis and just a short drive from downtown. Gutted to the studs and ready for its next chapter, this property comes with permit-ready plans for a 4-bedroom, 2.5-bath home featuring 9'+ ceilings, an open living room flowing into a huge kitchen and dining combo, and a private main-level primary suite with walk-in closet and en-suite bath. A half bath and laundry room round out the main level. Upstairs, three additional bedrooms - two with charming window seats and one boasting a huge walk-in closet - share a full bath, complemented by a linen closet and a skylight-lit stairwell that fills the upper level with natural light, plus a laundry chute for everyday convenience. The unfinished basement offers excellent storage or workshop space. Curb appeal is already in place with newer LP SmartSide siding, a newer roof, a striking red front door with sidelights, a covered front porch, and beautiful mature landscaping. Outside, enjoy a large detached 2-car garage, an expansive deck, and a fully fenced, privacy-fenced backyard. Situated on a .26-acre corner lot with 82' of frontage and 136' of depth, this property may also offer potential to split off a second buildable lot (subject to zoning approval) - a compelling upside for builders and investors seeking new construction or fix-and-flip potential in a high-demand area near the university. Bring your vision and your contractor; the heavy lifting of demo and design is already done.
    7 days
    |
    2,597
    |
    249
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Gretchen Szostak 805-886-8244,

    DNA Properties, LLC,

    Damian Szostak 317-413-7825,

    DNA Properties, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22113220MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Features: Other
      • Level: Main
      • Area: 238 Square Feet
      • Dimensions: 17x14
      Bedroom 2
      • Features: Other
      • Level: Upper
      • Area: 195 Square Feet
      • Dimensions: 15x13
      Bedroom 3
      • Features: Other
      • Level: Upper
      • Area: 150 Square Feet
      • Dimensions: 15x10
      Bedroom 4
      • Features: Other
      • Level: Upper
      • Area: 154 Square Feet
      • Dimensions: 14x11
      Kitchen
      • Features: Other
      • Level: Main
      • Area: 320 Square Feet
      • Dimensions: 20x16
      Laundry
      • Features: Other
      • Level: Main
      • Area: 30 Square Feet
      • Dimensions: 6x5
      Living room
      • Features: Other
      • Level: Main
      • Area: 266 Square Feet
      • Dimensions: 19x14
      Heating
      • None
      Cooling
      • Central Air
      Appliances
      • Included: None
      • Laundry: Main Level
      Features
      • High Ceilings, Entrance Foyer, High Speed Internet
      • Basement: Daylight,Full,Unfinished
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Masonry
      Interior area
      • Total structure area: 3,396
      • Total interior livable area: 3,396 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Gravel
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck
      • Exterior features: Fire Pit, Smart Lock(s)
      • Fencing: Fenced,Full,Privacy,Gate
      Lot
      • Size: 0.26 Acres
      • Features: Corner Lot, Sidewalks, Mature Trees
      Details
      • Additional structures: Barn Mini
      • Parcel number: 491031101001336501
      • Special conditions: As Is,Broker Owned,Sales Disclosure On File
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Block, Brick/Mortar, Full
      Condition
      • Under Construction
      • New construction: No
      • Year built: 1905

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Elders University Heights
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $59/sqft
      • Tax assessed value: $124,300
      • Annual tax amount: $3,034
      • Date on market: 7/10/2026
      • Cumulative days on market: 7 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Listed for sale$199,900+222.9%$59/sqft
        Source: MIBOR as distributed by MLS GRID #22113220 Report a problem
        4/27/2012Sold$61,900-4.6%$18/sqft
        Source: Public Record Report a problem
        2/15/2012Listed for sale$64,900$19/sqft
        Source: RE/MAX Legends Group #21160949 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,947 +11.4%$124,300 +0.1%
        2024$2,645 +10.5%$124,200 +11.4%
        2023$2,394 +13.9%$111,500 +10%
        2022$2,102 +2.8%$101,400 +11.3%
        2021$2,045 +7.5%$91,100 +3.2%
        2020$1,903 +12.2%$88,300 +9.6%
        2019$1,697 +11.7%$80,600 +13.2%
        2018$1,519 -30.1%$71,200 -35%
        2017$2,174 +7.2%$109,500 +9.2%
        2016$2,027 +5.5%$100,300 +13%
        2014$1,921 +107.6%$88,800 +0.9%
        2013$925 $88,000 -2.1%
        2012$925 $89,900 -26.4%
        2011-- $122,100
        2010$1,261 +16.9%$122,100 +13.5%
        2009$1,078 $107,600 -1.8%
        2007-- $109,600 +5.7%
        2006-- $103,700 +8.2%
        2005-- $95,800
        2004-- $95,800
        2003-- $95,800 +178.5%
        2002-- $34,400 +200.2%
        2001-- $11,460
        2000-- $11,460
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: University Heights

        Getting around

        46 / 100
        Car-Dependent
        37 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Indianapolis Topics

                Search
                Updates
                Favorites
                Plan
                Inbox