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Sold
  • $249,900

    1542 E Edwards Ave, Indianapolis, IN 46227

    3beds
    2,484sqft
    Residential, Single Family Residence
    Built in 1955
    0.38 Acres Lot
    $247,000 Zestimate®
    $101/sqft
    $1,797 Estimated rent

    Home value

    $247,000

    $235,000 - $259,000

    $1,797/mo

    Zestimate® history
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    What's special

    Gas fireplaceSits on three lotsBay windowsSun-filled great roomCathedral ceilingsLovely brick homeSmart thermostat
    This 3-bedroom, 2-bathroom, lovely brick home sits on three lots near the University of Indianapolis, where the fully fenced backyard is a genuine oasis - a sprawling, private retreat shaded by mature trees with a paver patio and screened porch made for summer evenings. Inside, the sun-filled great room features cathedral ceilings, bay windows, a skylight, a gorgeous, new 60" Hunter fan and a cozy gas fireplace. The whole house was updated in 2026 with new LVP and carpet, fresh paint, and new fixtures throughout. The primary bedroom is conveniently on the main level, the kitchen features stainless steel appliances, and the full basement with a second kitchen gives you more options than you'd expect at this price point. The big-ticket items are already handled - new A/C (2024), furnace (2022), water heater (2025), sewer lines (2022), and a smart thermostat - plus a central vacuum system, washer and dryer, and a detached 2-car garage with metal roof. Space, updates, and a backyard you'll never want to leave - all just minutes from UIndy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gretchen Szostak 805-886-8244,

    DNA Properties, LLC

    Bought with:

    Lora Reynolds

    Epique Inc

    Katherine Caughel

    Epique Inc

    Source: MIBOR as distributed by MLS GRID,MLS#: 22084097MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom 2
    • Level: Upper
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 3
    • Level: Upper
    • Area: 117 Square Feet
    • Dimensions: 13x9
    Other
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 17x13
    Dining room
    • Level: Main
    • Area: 77 Square Feet
    • Dimensions: 11x7
    Family room
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 20x12
    Great room
    • Level: Main
    • Area: 380 Square Feet
    • Dimensions: 20x19
    Kitchen
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Laundry
    • Level: Main
    • Area: 60 Square Feet
    • Dimensions: 10x6
    Heating
    • Forced Air, Natural Gas, Heat Pump
    Cooling
    • Central Air, Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer, Water Heater
    • Laundry: Connections All, Main Level
    Features
    • Cathedral Ceiling(s), Central Vacuum, Ceiling Fan(s), High Speed Internet, Smart Thermostat
    • Windows: Wood Work Painted
    • Basement: Daylight,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Great Room
    Interior area
    • Total structure area: 2,484
    • Total interior livable area: 2,484 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Alley Access, Detached, Garage Door Opener
    • Garage spaces: 2
    • Details: Garage Parking Other(Garage Door Opener, Service Door)
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Patio, Screened
    • Fencing: Fenced,Chain Link,Full
    Lot
    • Size: 0.38 Acres
    Details
    • Additional structures: Barn Mini
    • Parcel number: 491031101001407501
    • Special conditions: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl With Brick
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Elders University Heights
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $101/sqft
    • Tax assessed value: $230,100
    • Annual tax amount: $5,520
    • Date on market: 6/7/2026
    • Cumulative days on market: 13 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/1/2026Sold$249,900$101/sqft
    Source: MIBOR as distributed by MLS GRID #22084097 Report a problem
    7/28/2026Pending sale$249,900$101/sqft
    Source: MIBOR as distributed by MLS GRID #22084097 Report a problem
    7/18/2026Price change$249,900+2.4%$101/sqft
    Source: MIBOR as distributed by MLS GRID #22084097 Report a problem
    6/9/2026Pending sale$244,000$98/sqft
    Source: MIBOR as distributed by MLS GRID #22084097 Report a problem
    6/7/2026Listed for sale$244,000+47.9%$98/sqft
    Source: MIBOR as distributed by MLS GRID #22084097 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    9/30/2019Listing removed$1,500$1/sqft
    Source: Owner Report a problem
    7/30/2019Listed for rent$1,500$1/sqft
    Source: Owner Report a problem
    6/10/2019Sold$165,000+3.2%$66/sqft
    Source: MIBOR as distributed by MLS GRID #21639897 Report a problem
    5/16/2019Pending sale$159,900$64/sqft
    Source: Carpenter Realtors, Inc. #21639897 Report a problem
    5/13/2019Listed for sale$159,900$64/sqft
    Source: Carpenter, REALTORS� #21639897 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,448 +12.2%$230,100 +0.2%
    2024$4,856 +11.3%$229,600 +12.2%
    2023$4,362 +15.3%$204,700 +10.8%
    2022$3,782 +3%$184,700 +12.7%
    2021$3,672 +116.1%$163,900 +3.4%
    2020$1,699 +14.4%$158,500 +8%
    2019$1,486 -21.4%$146,800 +14.2%
    2018$1,890 +62.5%$128,600 +2.3%
    2017$1,163 +3.5%$125,700 +8%
    2016$1,124 +10.8%$116,400 +9.8%
    2014$1,014 +16.2%$106,000 +17.8%
    2013$873 $90,000 -2.1%
    2012$873 $91,900 -49.4%
    2011-- $181,500 +12.5%
    2009$1,704 $161,400
    Find assessor info on the county website

    Neighborhood: University Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $247,000
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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
    $247,000