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  • $140,000

    1539 Wade St, Indianapolis, IN 46203

    3beds
    2,640sqft
    : 
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    Residential, Single Family Residence
    Built in 1935
    5,227 Square Feet Lot
    $-- Zestimate®
    $53/sqft
    $-- HOA

    What's special

    Formal dining areaAmple cabinet space
    Investor Opportunity in Bean Creek - East of Garfield Park! This property offers a strong value-add opportunity for investors looking to build equity through light rehab. Located in the desirable Bean Creek area just east of Garfield Park, this home presents multiple exit strategies-ideal as a long-term rental or a flip, depending on your investment goals. The home features an enclosed front porch that adds usable square footage and year-round appeal. Inside, a spacious living room flows into a formal dining area, creating a functional layout with good bones. The kitchen has already seen updates and offers ample cabinet space, providing a solid foundation for further improvements. Existing appliances include a refrigerator, stove, and dishwasher. A notable highlight is the presence of 3 bedrooms and 2 full bathrooms, a valuable feature that enhances rental potential and resale value. The home also includes a dedicated laundry room with washer and dryer hookups. Sold As-Is, this property is well-positioned for investors seeking a rehab project with upside in a growing area. With the right vision, this home can be transformed into a strong income-producing asset or a profitable resale.
    170 days
    |
    159
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Harly Materan 317-750-0936,

    Pillario Property Management LLC,

    Lindsay Adams 928-304-2028,

    Pillario Property Management LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22079795MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12x14
      Bedroom 2
      • Level: Main
      • Area: 80 Square Feet
      • Dimensions: 8x10
      Bedroom 3
      • Level: Main
      • Area: 80 Square Feet
      • Dimensions: 8x10
      Dining room
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12x14
      Family room
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12x14
      Kitchen
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 10x11
      Laundry
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12x14
      Living room
      • Level: Main
      • Area: 180 Square Feet
      • Dimensions: 12x15
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Gas Cooktop, Dishwasher, Electric Water Heater, Refrigerator
      Features
      • Pantry
      • Has basement: Yes
      Interior area
      • Total structure area: 2,640
      • Total interior livable area: 2,640 sqft
      • Finished area below ground: 171

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 5,227 Square Feet
      Details
      • Parcel number: 491019101150000101
      • Special conditions: As Is
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Residential, Single Family Residence
      Materials
      • Aluminum Siding
      • Foundation: Brick/Mortar
      Condition
      • New construction: No
      • Year built: 1935

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: D M Bradbury & Cos Southeast
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $53/sqft
      • Tax assessed value: $119,600
      • Annual tax amount: $2,454
      • Date on market: 1/23/2026
      • Cumulative days on market: 142 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Listed for sale$140,000$53/sqft
        Source: MIBOR as distributed by MLS GRID #22079795 Report a problem
        6/12/2026Pending sale$140,000$53/sqft
        Source: MIBOR as distributed by MLS GRID #22079795 Report a problem
        4/10/2026Listed for sale$140,000$53/sqft
        Source: MIBOR as distributed by MLS GRID #22079795 Report a problem
        3/30/2026Pending sale$140,000$53/sqft
        Source: MIBOR as distributed by MLS GRID #22079795 Report a problem
        3/22/2026Price change$140,000-3.4%$53/sqft
        Source: MIBOR as distributed by MLS GRID #22079795 Report a problem
        1/23/2026Listed for sale$145,000+5.9%$55/sqft
        Source: MIBOR as distributed by MLS GRID #22079795 Report a problem
        5/22/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/16/2024Listed for rent$1,300+4%
        Source: Zillow Rentals Report a problem
        9/17/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        7/28/2021Listed for rent$1,250
        Source: Zillow Rental Network Premium Report a problem
        5/21/2020Sold$136,900+82.8%$52/sqft
        Source: Public Record Report a problem
        5/9/2020Listing removed$1,250
        Source: Equity Management Services LLC Report a problem
        4/11/2020Listed for rent$1,250
        Source: Equity Management Services LLC Report a problem
        2/1/2020Listing removed$74,900$28/sqft
        Source: Stanifer & Associates Real Est #21689317 Report a problem
        1/17/2020Listed for sale$74,900+33.8%$28/sqft
        Source: Stanifer & Associates Real Est #21689317 Report a problem
        1/6/2020Sold$56,000$21/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,454 +3.1%$119,600 +15.7%
        2024$2,379 +4.2%$103,400 +3.1%
        2023$2,283 +25.9%$100,300 +3.7%
        2022$1,813 +278%$96,700 +23%
        2021$480 +4.4%$78,600 +8.7%
        2020$459 +7.5%$72,300 +4.9%
        2019$427 +14.6%$68,900 +9.2%
        2018$373 -5.2%$63,100 +8%
        2017$393 +16%$58,400 +5.2%
        2016$339 -0.6%$55,500 -1.1%
        2014$341 -30.8%$56,100 +21.7%
        2013$493 $46,100 -31.8%
        2012$493 $67,600 +4.6%
        2011-- $64,600
        2010$444 +10.6%$64,600
        2009$401 $64,600 -8.9%
        2007-- $70,900 +2.9%
        2006-- $68,900 +34.3%
        2005-- $51,300
        2004-- $51,300
        2003-- $51,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Near Southeast

        Getting around

        60 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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