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Active
    • Price increase: $5.9K (7/18)
    $249,900

    1542 E Edwards Ave, Indianapolis, IN 46227

    3beds
    2,484sqft
    : 
    $1,682/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1955
    0.38 Acres Lot
    $-- Zestimate®
    $101/sqft
    $-- HOA

    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.
    46 days
    |
    341
    |
    61
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gretchen Szostak 805-886-8244,

    DNA Properties, LLC

    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
      Primary bedroom
      • Level: Main
      • Area: 221 Square Feet
      • Dimensions: 17x13
      Bedroom 2
      • Level: Upper
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Bedroom 3
      • Level: Upper
      • Area: 117 Square Feet
      • Dimensions: 13x9
      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
      • 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: 8 days
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: University Heights

        Getting around

        42 / 100
        Car-Dependent
        37 / 100
        Some Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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