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  • $230,000

    509 S Luett Ave, Indianapolis, IN 46241

    3beds
    2,044sqft
    Residential, Single Family Residence
    Built in 1950
    0.44 Acres Lot
    $230,000 Zestimate®
    $113/sqft
    $1,740 Estimated rent

    Home value

    $230,000

    $219,000 - $242,000

    $1,740/mo

    Zestimate® history
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    What's special

    Opportunities for gardeningHuge detached garageOversized yardOutdoor entertaining
    Discover the space and potential you've been looking for at 509 S Luett Ave! This 2-bedroom, 1-bath home offers 1,756 square feet of living space on a generous 0.44-acre lot, providing room to spread out both inside and out. Inside, you'll find spacious living areas with plenty of flexibility to create a home that fits your lifestyle. Whether you're looking for extra room to entertain, work from home, or simply relax, this home delivers. Outside, the huge detached garage is a standout feature, offering abundant space for vehicles, a workshop, hobbies, or additional storage. The oversized yard provides endless opportunities for gardening, outdoor entertaining, or future improvements. Conveniently located just minutes from I-465, I-70, the Indianapolis International Airport, downtown Indianapolis, shopping, dining, and everyday amenities, this home combines peaceful residential living with exceptional accessibility. Whether you're a first-time homebuyer, downsizing, or looking for a property with room to make your own, this home offers incredible value, a functional layout, and an unbeatable location. Don't miss your opportunity to see all that 509 S Luett Ave has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jake Stiles 317-201-4092,

    Coldwell Banker Stiles

    Bought with:

    Tamela Burton

    Keller Williams Indy Metro Partners

    Source: MIBOR as distributed by MLS GRID,MLS#: 22114653MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Bedroom 2
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15x14
    Bedroom 3
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Other
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 15x16
    Dining room
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 16x15
    Kitchen
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Laundry
    • Level: Main
    • Area: 36 Square Feet
    • Dimensions: 6x6
    Living room
    • Level: Main
    • Area: 256 Square Feet
    • Dimensions: 16x16
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Oven, Refrigerator
    Features
    • Ceiling Fan(s), High Speed Internet
    • Basement: Unfinished
    Interior area
    • Total structure area: 2,044
    • Total interior livable area: 2,044 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    Lot
    • Size: 0.44 Acres
    • Features: City Lot, Mature Trees
    Details
    • Additional structures: Barn Mini
    • Parcel number: 491108141017000930
    • Special conditions: As Is
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl With Stone
    • Foundation: Concrete Perimeter, Block, Partial
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: No Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $113/sqft
    • Tax assessed value: $219,600
    • Annual tax amount: $2,570
    • Date on market: 7/20/2026
    • Cumulative days on market: 5 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/24/2026Sold$230,000-2.1%$113/sqft
    Source: MIBOR as distributed by MLS GRID #22114653 Report a problem
    7/24/2026Pending sale$235,000$115/sqft
    Source: MIBOR as distributed by MLS GRID #22114653 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,771 +6.6%$219,600 +18.9%
    2024$1,661 -19.8%$184,700 -0.5%
    2023$2,072 +10.3%$185,600 +4.4%
    2022$1,878 +15.4%$177,800 +23.4%
    2021$1,627 -7.6%$144,100 +13.6%
    2020$1,761 +29.7%$126,900 -6.8%
    2019$1,358 +11%$136,100 +14.1%
    2018$1,223 -31.2%$119,300 +12.9%
    2017$1,778 +49.3%$105,700 -4.8%
    2016$1,191 +14%$111,000 +6.8%
    2014$1,045 +2%$103,900 +5.9%
    2013$1,025 $98,100 -3.7%
    2012$1,025 $101,900 -4.1%
    2011-- $106,300 +2.6%
    2010$1,036 -3.4%$103,600 -3.4%
    2009$1,072 $107,200 -8.5%
    2007-- $117,200 +0.8%
    2006-- $116,300 +10.3%
    2005-- $105,400 +20.6%
    2004-- $87,400 -4.2%
    2003-- $91,200 +178.9%
    2002-- $32,700 +200%
    2001-- $10,900
    2000-- $10,900
    Find assessor info on the county website

    Neighborhood: West Indianapolis

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Stout Field Elementary School
    • Middle: Lynhurst 7th & 8th Grade Center
    • High: Ben Davis High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $230,000
    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
    $230,000