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Sold
  • $192,500

    523 E Mills Ave, Indianapolis, IN 46227

    2beds
    2,012sqft
    Residential, Single Family Residence
    Built in 1935
    5,662 Square Feet Lot
    $194,100 Zestimate®
    $96/sqft
    $1,400 Estimated rent

    Home value

    $194,100

    $182,000 - $206,000

    $1,400/mo

    Zestimate® history
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    What's special

    Thermal pane casement windowsFenced backyardCovered porchTop quality finishesPorthole windowFrench doorsLaundry facilities
    This charming bungalow oozes with character. Abundant thermal pane casement windows add so much natural light, but also unique are the wrap-around corner windows in most rooms, literally bringing the outdoors inside. Guests are welcome onto a covered porch and into a small foyer with porthole window and an original paneled main entry door. Step into living/dining room, open and spacious with a fireplace (originally wood burning) now with gas logs. French doors lead to a covered patio and a fenced backyard. The kitchen was thoughtfully renovated back in the early 2000s by Kitchen's by Teipen, utilizing top quality finishes including Grabill cabinetry, a gas Thermador range, granite counter tops, ceramic floors and back splash. The bathroom was also fully renovated at approximately the same time. In removing the wall-to-wall carpeting, original hardwood floors were discovered. While they would benefit from refinishing, they add so much character and warmth throughout the house. The back entry conveniently brings you directly to the kitchen. An unexpected feature is an open stairway to the full basement. The inviting open stairway leads to expanded living areas, a spacious room with a wood-burning fireplace, an office, laundry facilities (front-load washer dryer included) and unfinished utility and storage rooms. The property is an estate. Recent electrical updates including a new bathroom exhaust fan/light . The home also features a new overhead garage door and door opener with keyless entry.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Peoni 317-439-3162,

    Berkshire Hathaway Home

    Bought with:

    Joseph Sullivan

    Sullivan Realty Group, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22069881MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 2
    • Level: Main
    • Area: 117 Square Feet
    • Dimensions: 13x9
    Dining room
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 8x9
    Family room
    • Level: Basement
    • Area: 396 Square Feet
    • Dimensions: 33x12
    Foyer
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 32 Square Feet
    • Dimensions: 8x4
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11x8
    Laundry
    • Level: Basement
    • Area: 48 Square Feet
    • Dimensions: 8x6
    Living room
    • Level: Main
    • Area: 260 Square Feet
    • Dimensions: 20x13
    Office
    • Level: Basement
    • Area: 210 Square Feet
    • Dimensions: 21x10
    Workshop
    • Features: Other
    • Level: Basement
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Separate Meters
    Appliances
    • Included: Dryer, Gas Water Heater, MicroHood, Microwave, Gas Oven, Refrigerator, Washer
    Features
    • Attic Access, Ceiling Fan(s), Hardwood Floors, Smart Thermostat
    • Flooring: Hardwood
    • Windows: Wood Work Painted
    • Basement: Finished Ceiling,Finished Walls
    • Attic: Access Only
    • Number of fireplaces: 2
    • Fireplace features: Basement, Gas Log, Living Room, Wood Burning
    Interior area
    • Total structure area: 2,012
    • Total interior livable area: 2,012 sqft
    • Finished area below ground: 754

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport, Detached, Concrete, Garage Door Opener, Gated
    • Garage spaces: 1
    • Has carport: Yes
    • Details: Garage Parking Other(Garage Door Opener, Keyless Entry, Service Door)
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 491136102012000574
    • Special conditions: Estate,Sales Disclosure Not Required
    • Horse amenities: None

    Construction

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

    Utilities & green energy

    • Electric: 200+ Amp Service, Circuit Breakers
    • Water: Public
    • Utilities for property: Sep Gas Meter

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $96/sqft
    • Tax assessed value: $178,800
    • Annual tax amount: $1,842
    • Date on market: 10/24/2025
    • Cumulative days on market: 126 days

    Price history

    DateEventPrice
    4/13/2026Sold$192,500-3.7%$96/sqft
    Source: MIBOR as distributed by MLS GRID #22069881 Report a problem
    3/5/2026Pending sale$199,900$99/sqft
    Source: MIBOR as distributed by MLS GRID #22069881 Report a problem
    2/18/2026Listed for sale$199,900$99/sqft
    Source: MIBOR as distributed by MLS GRID #22069881 Report a problem
    2/12/2026Pending sale$199,900$99/sqft
    Source: MIBOR as distributed by MLS GRID #22069881 Report a problem
    1/6/2026Price change$199,900-9.1%$99/sqft
    Source: MIBOR as distributed by MLS GRID #22069881 Report a problem
    10/24/2025Listed for sale$219,900$109/sqft
    Source: MIBOR as distributed by MLS GRID #22069881 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,842 +12.4%$178,800 +15.2%
    2024$1,639 +11.2%$155,200 +5.1%
    2023$1,473 +29.9%$147,600 +12%
    2022$1,134 +0.7%$131,800 +22.3%
    2021$1,127 +28.5%$107,800 +0.6%
    2020$877 +11.9%$107,200 +13.6%
    2019$784 +20.3%$94,400 +5.8%
    2018$651 -22.9%$89,200 +10.1%
    2017$844 -7.6%$81,000 -8%
    2016$913 +8.8%$88,000 -7.7%
    2014$839 -11.5%$95,300
    2013$949 $95,300 +1.1%
    2012$949 $94,300 +4.2%
    2011-- $90,500
    2010$752 +26.4%$90,500
    2009$595 $90,500
    2007-- $90,500 -0.1%
    2006-- $90,600 +24.6%
    2005-- $72,700
    2004-- $72,700
    2003-- $72,700 +138.4%
    2002-- $30,500 +199.9%
    2001-- $10,170
    2000-- $10,170
    Find assessor info on the county website

    Neighborhood: North Perry

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $194,100
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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
    $194,100