This charming 4-bedroom, 1.5-bath home sits on a rare three-lot parcel, spanning almost half an acre. One of the lots is buildable, offering incredible potential for expansion, investment, or recreation. Step inside to find refinished hardwood floors, built-in bookshelves, and abundant natural light throughout. The main-level bedroom provides flexible living space, while upstairs, three spacious bedrooms each feature large walk-in closets that add convenience and storage. The fireplace enhances the living space, and the unfinished basement offers valuable extra storage as well. All appliances stay, making this home move-in ready. Enjoy a covered front porch, fully fenced-in and spacious backyard with mature trees, a detached one-car garage and long driveway for ample parking. The proximity to restaurants, grocery stores, and major highways (including I-465) add to the home's appeal. Just 2 blocks from the University of Indianapolis, 15 minutes from downtown Indianapolis and Greenwood Park Mall.
Sold
$230,000
1511 E Edwards Ave, Indianapolis, IN 46227
4beds
2,192sqft
Residential, Single Family Residence
Built in 1924
5,662 Square Feet Lot
$230,800 Zestimate®
$105/sqft
$1,919 Estimated rent
Home value
$230,800
$219,000 - $242,000
$1,919/mo
Zestimate® history
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$1,520/mo
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List your homeWhat's special
Detached one-car garageCovered front porchThree spacious bedroomsAbundant natural light throughoutLarge walk-in closetsBuilt-in bookshelvesRefinished hardwood floors
Zillow last checked:
Listing updated:
Listed by:
Emily Brewer 317-938-5046,
Redfin Corporation
Bought with:
Doug Dilling
United Real Estate Indpls
Joe Lackner
United Real Estate Indpls
Source: MIBOR as distributed by MLS GRID,MLS#: 22091389
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 171 Square Feet
- Dimensions: 9 x 19
Bedroom 2
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 10 x 13
Bedroom 3
- Level: Upper
- Area: 117 Square Feet
- Dimensions: 9 x 13
Bedroom 4
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13 x 11
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14 x 12
Laundry
- Level: Main
- Area: 48 Square Feet
- Dimensions: 8 x 6
Living room
- Level: Main
- Area: 364 Square Feet
- Dimensions: 28 x 13
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Electric Oven, Refrigerator
Features
- Attic Access, Built-in Features, Hardwood Floors, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: Daylight,Unfinished
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 2,192
- Total interior livable area: 2,192 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 491031101001133501
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: University Heights
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $153,000
- Annual tax amount: $432
- Date on market: 3/30/2026
- Cumulative days on market: 14 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $230,000-2.1%$105/sqft |
Source:  MIBOR as distributed by MLS GRID #22091389 Report a problem | ||
| 4/13/2026 | Pending sale | $235,000$107/sqft |
Source: MIBOR as distributed by MLS GRID #22091389 Report a problem | ||
| 3/30/2026 | Listed for sale | $235,000$107/sqft |
Source: MIBOR as distributed by MLS GRID #22091389 Report a problem | ||
| 9/13/2025 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/10/2025 | Listing removed | $235,000$107/sqft |
Source: MIBOR as distributed by MLS GRID #22043942 Report a problem | ||
| 9/8/2025 | Listed for sale | $235,000$107/sqft |
Source: MIBOR as distributed by MLS GRID #22043942 Report a problem | ||
| 9/5/2025 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2025 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/7/2025 | Listing removed | $235,000$107/sqft |
Source: MIBOR as distributed by MLS GRID #22043942 Report a problem | ||
| 8/4/2025 | Listed for rent | $1,800+12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2025 | Price change | $235,000-1.7%$107/sqft |
Source: MIBOR as distributed by MLS GRID #22043942 Report a problem | ||
| 6/27/2025 | Price change | $239,000-1.6%$109/sqft |
Source: MIBOR as distributed by MLS GRID #22043942 Report a problem | ||
| 6/11/2025 | Listed for sale | $243,000+81.3%$111/sqft |
Source: MIBOR as distributed by MLS GRID #22043942 Report a problem | ||
| 3/1/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/20/2023 | Price change | $1,600-3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/18/2023 | Listed for rent | $1,650-2.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/29/2022 | Listed for rent | $1,700$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/27/2019 | Sold | $134,000-7.6%$61/sqft |
Source: MIBOR as distributed by MLS GRID #21679747 Report a problem | ||
| 11/10/2019 | Pending sale | $145,000$66/sqft |
Source: Alpine Realty, LLC #21679747 Report a problem | ||
| 11/8/2019 | Listed for sale | $145,000+45%$66/sqft |
Source: Alpine Realty, LLC #21679747 Report a problem | ||
| 6/25/2010 | Sold | $100,000$46/sqft |
Source: MIBOR as distributed by MLS GRID #21006179 Report a problem | ||
| 4/29/2010 | Price change | $100,000-4.8%$46/sqft |
Source: F. C. Tucker Company, Inc #21006179 Report a problem | ||
| 3/17/2010 | Price change | $105,000-4.5%$48/sqft |
Source: F. C. Tucker Company, Inc #21006179 Report a problem | ||
| 2/17/2010 | Listed for sale | $110,000$50/sqft |
Source: F. C. Tucker Company, Inc #21006179 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,652 +13.3% | $153,000 -0.6% |
| 2024 | $3,224 +12.3% | $153,900 +13.2% |
| 2023 | $2,871 +16.2% | $135,900 +11.8% |
| 2022 | $2,471 +3.4% | $121,600 +13.5% |
| 2021 | $2,390 +142.2% | $107,100 +3.8% |
| 2020 | $987 +29.5% | $103,200 +6% |
| 2019 | $762 +12.8% | $97,400 +15.5% |
| 2018 | $676 +19% | $84,300 +1.7% |
| 2017 | $568 +9.9% | $82,900 +9.5% |
| 2016 | $517 +7.9% | $75,700 +13.5% |
| 2014 | $479 -13.7% | $66,700 +1.1% |
| 2013 | $555 | $66,000 -2.1% |
| 2012 | $555 | $67,400 |
Find assessor info on the county website
Neighborhood: University Heights
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Nearby schools
GreatSchools rating
- 3/10Raymond F. Brandes School 65Grades: PK-6Distance: 0.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 5.1 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 4.9 mi
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Estimated market value
$230,800
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Estimated market value
$230,800
- Indiana
- Marion County
- Indianapolis
- 46227
- University Heights
- 1511 E Edwards Ave
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