Looking for a home with great bones and the opportunity to make it your own? This 2-bedroom, 1-bath home offers solid condition with room for cosmetic updates-perfect for buyers wanting to add personal touches or investors seeking their next project. Situated on a spacious double lot in Ravenswood, this property features a gravel driveway and plenty of outdoor potential. A great opportunity to build equity without taking on a full rehab!
Active
Price cut: $10K (7/25)
$150,000
1511 Maxine Rd, Indianapolis, IN 46240
2beds
760sqft
Residential, Single Family Residence
Built in 1926
6,534 Square Feet Lot
$-- Zestimate®
$197/sqft
$-- HOA
What's special
Gravel drivewaySpacious double lot
- 77 days |
- 1,166 |
- 48 |
Zillow last checked:
Listing updated:
Listed by:
Gloria Gear 317-750-4998,
Keller Williams Indy Metro Partners
Source: MIBOR as distributed by MLS GRID,MLS#: 22099137
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x09
Living room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 18x10
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Gas Oven, Washer, Water Heater, Refrigerator
- Laundry: Laundry Room
Features
- Attic Access
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 760
- Total interior livable area: 760 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: Fenced,Partial
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 6,534 Square Feet
Details
- Additional structures: Storage
- Parcel number: 490325111044000800
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Crawl Space
Condition
- Fixer
- New construction: No
- Year built: 1926
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Island Park
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $108,500
- Annual tax amount: $628
- Date on market: 5/30/2026
- Cumulative days on market: 79 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2026 | Price change | $150,000-6.3%$197/sqft |
Source:  MIBOR as distributed by MLS GRID #22099137 Report a problem | ||
| 6/8/2026 | Price change | $160,000-11.1%$211/sqft |
Source: MIBOR as distributed by MLS GRID #22099137 Report a problem | ||
| 5/30/2026 | Listed for sale | $180,000+28.6%$237/sqft |
Source: MIBOR as distributed by MLS GRID #22099137 Report a problem | ||
| 5/20/2022 | Sold | $140,000+0.1%$184/sqft |
Source: MIBOR as distributed by MLS GRID #21847745 Report a problem | ||
| 4/12/2022 | Pending sale | $139,900$184/sqft |
Source: MIBOR as distributed by MLS GRID #21847745 Report a problem | ||
| 4/8/2022 | Listed for sale | $139,900$184/sqft |
Source: MIBOR as distributed by MLS GRID #21847745 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $629 +4.3% | $108,500 +23% |
| 2024 | $603 +5.2% | $88,200 |
| 2023 | $573 +4.4% | $88,200 +5.8% |
| 2022 | $549 +4.4% | $83,400 +3.7% |
| 2021 | $526 +6.8% | $80,400 |
| 2020 | $492 +16% | $80,400 |
| 2019 | $424 -14.3% | $80,400 +5.4% |
| 2018 | $495 +0% | $76,300 -4.3% |
| 2017 | $495 +32.3% | $79,700 +1.7% |
| 2016 | $374 +5.4% | $78,400 +3.3% |
| 2014 | $355 +19.2% | $75,900 |
| 2013 | $298 | $75,900 +13.6% |
| 2012 | $298 | $66,800 +6.5% |
| 2011 | -- | $62,700 |
| 2010 | $258 +11.5% | $62,700 -2.2% |
| 2009 | $232 | $64,100 -2.7% |
| 2007 | -- | $65,900 +40.8% |
| 2006 | -- | $46,800 +46.7% |
| 2005 | -- | $31,900 |
| 2004 | -- | $31,900 |
| 2003 | -- | $31,900 +109.9% |
| 2002 | -- | $15,200 +200.4% |
| 2001 | -- | $5,060 |
| 2000 | -- | $5,060 |
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.Climate risks
Neighborhood: Ravenswood
Nearby schools
GreatSchools rating
- 7/10Clearwater Elementary SchoolGrades: K-5Distance: 1.6 mi
- 6/10Eastwood Middle SchoolGrades: 6-8Distance: 2.6 mi
- 7/10North Central High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- High: North Central High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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