Welcome to 2540 Madison AVE, Indianapolis, IN. This single-family residence in Marion County presents an opportunity to own a piece of Indianapolis history. The residence offers a generous 1376 square feet of living area, providing ample space to create a comfortable environment. With four bedrooms, this residence provides flexibility to accommodate a variety of lifestyle needs. Two full bathrooms offer convenience and functionality. House totally remodeled in 2025. The property has a substantial 7797 square feet lot area, offering outdoor space for recreation and relaxation. Constructed in 1886, this two-story residence carries the charm of a bygone era. This historic single-family residence awaits your personal touch to transform it into a unique Indianapolis haven.
Sold
$200,000
2540 Madison Ave, Indianapolis, IN 46225
4beds
2,352sqft
Residential, Single Family Residence
Built in 1886
7,840.8 Square Feet Lot
$200,700 Zestimate®
$85/sqft
$2,803 Estimated rent
Home value
$200,700
$191,000 - $211,000
$2,803/mo
Zestimate® history
Owner options
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$2,803/mo
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$2,803/mo
Rent Zestimate®
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$1,315/mo
Est. payment
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$1,315/mo
Est. payment
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List your homeWhat's special
Four bedroomsTwo-story residence
Zillow last checked:
Listing updated:
Listing Provided by:
Mark Wesler 317-372-3283,
eXp Realty, LLC
Bought with:
Yamen Al laban
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22052712
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Upper
- Area: 155.25 Square Feet
- Dimensions: 13.5x11.5
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 4
- Level: Main
- Area: 85 Square Feet
- Dimensions: 10x8.5
Kitchen
- Level: Main
- Area: 203 Square Feet
- Dimensions: 14.5x14
Living room
- Level: Main
- Area: 202.5 Square Feet
- Dimensions: 15x13.5
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
Features
- Ceiling Fan(s), Eat-in Kitchen
- Windows: Wood Work Painted
- Basement: Unfinished
Interior area
- Total structure area: 2,352
- Total interior livable area: 2,352 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Fencing: Fenced,Partial
Lot
- Size: 7,840 sqft
- Features: Access, Mature Trees
Details
- Additional structures: Storage
- Parcel number: 491124131007000101
- Special conditions: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1886
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: Low Maintenance Lifestyle
Location
- Region: Indianapolis
- Subdivision: Hoefgens
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Sold | $200,000-4.8%$85/sqft |
Source:  MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 4/13/2026 | Pending sale | $210,000$89/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 4/7/2026 | Price change | $210,000-4.5%$89/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 3/9/2026 | Price change | $220,000-2.2%$94/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 1/4/2026 | Listed for sale | $225,000$96/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 12/20/2025 | Listing removed | $225,000$96/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 10/16/2025 | Price change | $225,000-2.2%$96/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 9/19/2025 | Price change | $230,000-2.1%$98/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 9/12/2025 | Price change | $235,000-2.9%$100/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 8/27/2025 | Price change | $242,000-2%$103/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 8/20/2025 | Price change | $247,000-1.2%$105/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 8/15/2025 | Price change | $249,900-2%$106/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 7/28/2025 | Listed for sale | $255,000+218.8%$108/sqft |
Source: MIBOR as distributed by MLS GRID #22052712 Report a problem | ||
| 1/28/2025 | Sold | $80,000$34/sqft |
Source: MIBOR as distributed by MLS GRID #22017287 Report a problem | ||
| 1/11/2025 | Pending sale | $80,000$34/sqft |
Source: MIBOR as distributed by MLS GRID #22017287 Report a problem | ||
| 1/9/2025 | Listed for sale | $80,000+77.8%$34/sqft |
Source: MIBOR as distributed by MLS GRID #22017287 Report a problem | ||
| 6/16/2008 | Sold | $45,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,787 +1.5% | $81,600 +8.4% |
| 2024 | $1,760 +2.4% | $75,300 +1.5% |
| 2023 | $1,719 +17.5% | $74,200 +1.9% |
| 2022 | $1,463 +8.1% | $72,800 +14.8% |
| 2021 | $1,353 +30.8% | $63,400 +8.6% |
| 2020 | $1,035 -5.2% | $58,400 +33.3% |
| 2019 | $1,092 +17.3% | $43,800 -4.4% |
| 2018 | $931 +1.3% | $45,800 +8.3% |
| 2017 | $919 +11.9% | $42,300 +6% |
| 2016 | $822 +12.1% | $39,900 +17.7% |
| 2014 | $733 -11.9% | $33,900 -3.7% |
| 2013 | $832 | $35,200 -5.1% |
| 2012 | $832 | $37,100 -7.2% |
| 2011 | -- | $40,000 |
| 2010 | $832 -6.4% | $40,000 -4.1% |
| 2009 | $889 | $41,700 -9.2% |
| 2007 | -- | $45,900 |
Find assessor info on the county website
Neighborhood: Garfield Park
Nearby schools
GreatSchools rating
- 3/10Daniel Webster School 46Grades: PK-5Distance: 2.2 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 3.3 mi
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Estimated market value
$200,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$200,700
- Indiana
- Marion County
- Indianapolis
- 46225
- Garfield Park
- 2540 Madison Ave
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