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Off market
  • $281,600

    1506 E Edwards Ave, Indianapolis, IN 46227

    6beds
    4,305sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $281,600 Zestimate®
    $65/sqft
    $2,456 Estimated rent

    Home value

    $281,600

    $251,000 - $315,000

    $2,456/mo

    Zestimate® history
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    $2,456/mo

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    Rent Zestimate®

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    $1,766/mo

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    What's special

    Covered front porchDining roomGreat room

    Spacious 6 bedroom home with 3 full baths walkable distance of University of Indianapolis! Covered front porch leads to main floor with great room, dining room, kitchen, bedroom, living room, laundry room and a full bathroom. Upstairs has 5 additional bedrooms with 2 full bathrooms, second laundry room. Entire home has been updated with luxury vinyl plank flooring. Unfinished basement and street parking available. Washer and dryer appliances not included. Section8 voucher accepted and also student rental. Tenants are responsible for all utilities and renters' insurance. Apply on Zillow for a credit and background check. We require the following: 1. A credit score of 550 or higher 2. Monthly household income at least 3 times the rent 3. Applicants must have no history of evictions, bankruptcies, criminal or housing court records. 4. A rent ledger showing rent payments for the past 6 12 months 5. Recent pay stubs 6. Bank statements for the past 2 months showing deposits Please bring either printed copies or digital versions when you come for the tour.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 4,305 sqft

    Property

    Parking
    • Parking features: Detached
    • Details: Contact manager
    Features
    • Exterior features: Heating system: Forced Air, No Utilities included in rent
    Details
    • Parcel number: 491031101001184501

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $4,500
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $65/sqft
    • Tax assessed value: $255,300
    • Annual tax amount: $5,973
    • Date on market: 5/19/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    9/11/2025Listing removed$2,250$1/sqft
    Source: Zillow Rentals Report a problem
    8/9/2025Price change$2,250-8%$1/sqft
    Source: Zillow Rentals Report a problem
    5/20/2025Listed for rent$2,445+443.3%$1/sqft
    Source: Zillow Rentals Report a problem
    3/4/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/10/2022Price change$450-76.3%
    Source: Zillow Rental Manager Report a problem
    1/31/2022Listed for rent$1,900+393.5%
    Source: Zillow Rental Manager Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    2/28/2020Listing removed$385
    Source: Owner Report a problem
    2/26/2020Listed for rent$385
    Source: Owner Report a problem
    2/12/2020Sold$176,000+40.8%$41/sqft
    Source: Public Record Report a problem
    7/18/2012Sold$125,000-3.8%$29/sqft
    Source: MIBOR as distributed by MLS GRID #21168402 Report a problem
    3/30/2012Listed for sale$129,900+62.4%$30/sqft
    Source: Flat Fee Realty, llc #21168402 Report a problem
    9/28/2009Sold$80,000$19/sqft
    Source: MIBOR as distributed by MLS GRID #2927631 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,973 +13.4%$255,300 +1.4%
    2024$5,266 +12.7%$251,700 +13.4%
    2023$4,671 +17.4%$222,000 +12%
    2022$3,977 +3%$198,300 +14.8%
    2021$3,860 +3.6%$172,800 +3.4%
    2020$3,726 +14.9%$167,100 +5.6%
    2019$3,243 +12.5%$158,300 +15.9%
    2018$2,882 +8.3%$136,600 +1.6%
    2017$2,661 +8.1%$134,400 +9.7%
    2016$2,463 +5.6%$122,500 +13.3%
    2014$2,332 -4.6%$108,100 +1%
    2013$2,445 $107,000 -2.1%
    2012$2,445 $109,300 -34.1%
    2011-- $165,900 +20.1%
    2009$1,449 $138,100
    Find assessor info on the county website

    Neighborhood: University Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $281,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $281,600