Welcome to this inviting 2-bedroom, 1-bathroom home perfectly located just south of the University of Indianapolis. Nestled on a quiet street within walking distance to campus, parks, and more, this home blends convenience with comfort. Step inside to beautiful hardwood floors and a bright, eloquent layout. The spacious living room flows seamlessly into a functional kitchen, and a dedicated laundry room adds extra convenience. Enjoy the outdoors from your deck overlooking a fully fenced-in yard - ideal for pets, gatherings, or simply relaxing under the shade of mature trees. This property also includes a 1-car garage plus extra parking space on the side - perfect for guests or multiple vehicles.
Sold
$160,000
1517 E Markwood Ave, Indianapolis, IN 46227
2beds
870sqft
Residential, Single Family Residence
Built in 1952
5,662 Square Feet Lot
$160,900 Zestimate®
$184/sqft
$1,254 Estimated rent
Home value
$160,900
$148,000 - $175,000
$1,254/mo
Zestimate® history
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$804/mo
Est. payment
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$804/mo
Est. payment
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List your homeWhat's special
Quiet streetBright eloquent layoutShade of mature treesFunctional kitchenDedicated laundry roomBeautiful hardwood floors
Zillow last checked:
Listing updated:
Listed by:
Tim Sewell 317-605-5861,
F.C. Tucker Company
Bought with:
Lesa King
Jeneene West Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22051068
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: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Laundry
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 12x20
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Gas Oven, Refrigerator
- Laundry: Laundry Room, Main Level
Features
- Hardwood Floors
- Flooring: Hardwood
- Has basement: No
Interior area
- Total structure area: 870
- Total interior livable area: 870 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 5,662 Square Feet
- Features: Sidewalks, Storm Sewer, Mature Trees
Details
- Parcel number: 491031101001254501
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: Elders University Heights
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $144,800
- Annual tax amount: $1,622
- Date on market: 7/18/2025
- Cumulative days on market: 2 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $160,000+3.2%$184/sqft |
Source:  MIBOR as distributed by MLS GRID #22051068 Report a problem | ||
| 7/21/2025 | Pending sale | $155,000$178/sqft |
Source: MIBOR as distributed by MLS GRID #22051068 Report a problem | ||
| 7/18/2025 | Listed for sale | $155,000+61.5%$178/sqft |
Source: MIBOR as distributed by MLS GRID #22051068 Report a problem | ||
| 11/7/2019 | Sold | $96,000+82.9%$110/sqft |
Source: MIBOR as distributed by MLS GRID #21673455 Report a problem | ||
| 5/18/2012 | Sold | $52,500-12.4%$60/sqft |
Source: MIBOR as distributed by MLS GRID #21152189 Report a problem | ||
| 1/5/2012 | Listed for sale | $59,900-14.4%$69/sqft |
Source: CityWise Real Estate Services Report a problem | ||
| 7/3/2010 | Listing removed | $70,000$80/sqft |
Source: F. C. Tucker Company, Inc #21000614 Report a problem | ||
| 3/20/2010 | Price change | $70,000-6.7%$80/sqft |
Source: F. C. Tucker Company, Inc #21000614 Report a problem | ||
| 2/17/2010 | Price change | $75,000-6.3%$86/sqft |
Source: F. C. Tucker Company, Inc #21000614 Report a problem | ||
| 1/9/2010 | Listed for sale | $80,000$92/sqft |
Source: F. C. Tucker Company, Inc #21000614 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,621 +22.5% | $144,800 +0.5% |
| 2024 | $1,324 +5.4% | $144,100 +10.6% |
| 2023 | $1,256 +17.1% | $130,300 +11.7% |
| 2022 | $1,073 +51.1% | $116,700 +13.7% |
| 2021 | $710 +14.6% | $102,600 +23.2% |
| 2020 | $620 -61.6% | $83,300 +6.9% |
| 2019 | $1,615 +11.4% | $77,900 +14.9% |
| 2018 | $1,450 +6.4% | $67,800 +1.5% |
| 2017 | $1,363 +9.2% | $66,800 +9% |
| 2016 | $1,249 +6.4% | $61,300 +12.9% |
| 2014 | $1,174 -6.9% | $54,300 +0.9% |
| 2013 | $1,261 | $53,800 -4.3% |
| 2012 | $1,261 | $56,200 -27.2% |
| 2011 | -- | $77,200 |
| 2010 | $1,605 +10.6% | $77,200 +13.4% |
| 2009 | $1,451 | $68,100 -1.7% |
| 2007 | -- | $69,300 +14.4% |
| 2003 | -- | $60,600 +121.2% |
| 2002 | -- | $27,400 +200.1% |
| 2001 | -- | $9,130 |
| 2000 | -- | $9,130 |
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: 5.2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 5 mi
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Estimated market value
$160,900
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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
$160,900
- Indiana
- Marion County
- Indianapolis
- 46227
- University Heights
- 1517 E Markwood Ave
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