Charming 2 bedroom brick bungalow is just minutes from the University of Indianapolis-ideal as a rental, student owned home or personal residence. Situated on a corner lot with a fenced yard for additional privacy. The property features a detached 2 car garage, full basement and spacious dining room. Recent updates include newer flooring throughout much of the home. The basement offers excellent storage and could easily be a finished into a third bedroom or additional living space. Conveniently located near downtown and shopping while still offering a comfortable suburban feel.
Sold
$190,000
532 E Mills Ave, Indianapolis, IN 46227
2beds
1,605sqft
Residential, Single Family Residence
Built in 1930
9,147 Square Feet Lot
$191,800 Zestimate®
$118/sqft
$1,399 Estimated rent
Home value
$191,800
$178,000 - $207,000
$1,399/mo
Zestimate® history
Owner options
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$1,263/mo
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$1,263/mo
Est. payment
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List your homeWhat's special
Full basementFenced yardCorner lotSpacious dining roomExcellent storageNewer flooring
Zillow last checked:
Listing updated:
Listed by:
Dennis Palmer 317-201-2184,
Carpenter, REALTORS®
Bought with:
Monica Williams
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22062346
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: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12x8
Dining room
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Kitchen
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 20x12
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Oven, Refrigerator, Water Heater
Features
- Attic Access, Ceiling Fan(s), Smart Thermostat
- Basement: Daylight
- Attic: Access Only
Interior area
- Total structure area: 1,605
- Total interior livable area: 1,605 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 9,147 Square Feet
- Features: Trees-Small (Under 20 Ft)
Details
- Additional structures: Barn Mini
- Parcel number: 491136102029000574
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: University Highland
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $196,100
- Annual tax amount: $2,113
- Date on market: 9/12/2025
- Cumulative days on market: 367 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Sold | $190,000$118/sqft |
Source:  MIBOR as distributed by MLS GRID #22062346 Report a problem | ||
| 9/18/2025 | Pending sale | $190,000$118/sqft |
Source: MIBOR as distributed by MLS GRID #22062346 Report a problem | ||
| 9/12/2025 | Listed for sale | $190,000-7.3%$118/sqft |
Source: MIBOR as distributed by MLS GRID #22062346 Report a problem | ||
| 8/28/2025 | Listing removed | $205,000$128/sqft |
Source: MIBOR as distributed by MLS GRID #21999517 Report a problem | ||
| 5/16/2025 | Price change | $205,000-2.4%$128/sqft |
Source: MIBOR as distributed by MLS GRID #21999517 Report a problem | ||
| 5/2/2025 | Price change | $210,000-2.3%$131/sqft |
Source: MIBOR as distributed by MLS GRID #21999517 Report a problem | ||
| 4/9/2025 | Price change | $215,000-2.3%$134/sqft |
Source: MIBOR as distributed by MLS GRID #21999517 Report a problem | ||
| 3/16/2025 | Price change | $220,000-4.3%$137/sqft |
Source: MIBOR as distributed by MLS GRID #21999517 Report a problem | ||
| 10/4/2024 | Price change | $230,000-4.2%$143/sqft |
Source: MIBOR as distributed by MLS GRID #21999517 Report a problem | ||
| 9/15/2024 | Price change | $240,000-4%$150/sqft |
Source: MIBOR as distributed by MLS GRID #21999517 Report a problem | ||
| 9/3/2024 | Listed for sale | $250,000$156/sqft |
Source: MIBOR as distributed by MLS GRID #21999517 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,114 +12.4% | $196,100 +14.7% |
| 2024 | $1,880 +3.8% | $171,000 +5.4% |
| 2023 | $1,812 +21.6% | $162,200 +11.1% |
| 2022 | $1,490 +0.4% | $146,000 +20.3% |
| 2021 | $1,484 -41.7% | $121,400 +0.5% |
| 2020 | $2,548 +7.1% | $120,800 +24.5% |
| 2019 | $2,379 +8.6% | $97,000 +6% |
| 2018 | $2,190 -10.3% | $91,500 +10.4% |
| 2017 | $2,442 -3.2% | $82,900 -8.1% |
| 2016 | $2,522 +6.2% | $90,200 -7.9% |
| 2014 | $2,374 +1% | $97,900 |
| 2013 | $2,352 | $97,900 +1.7% |
| 2012 | $2,352 | $96,300 +3.8% |
| 2011 | -- | $92,800 |
| 2010 | $1,856 +195.2% | $92,800 |
| 2009 | $629 | $92,800 |
Find assessor info on the county website
Neighborhood: North Perry
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Nearby schools
GreatSchools rating
- 6/10Abraham Lincoln Elementary SchoolGrades: 1-5Distance: 1.5 mi
- 8/10Perry Meridian Middle SchoolGrades: 7-8Distance: 3.8 mi
- 9/10Perry Meridian High SchoolGrades: 9-12Distance: 4.1 mi
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Estimated market value
$191,800
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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
$191,800
- Indiana
- Marion County
- Indianapolis
- 46227
- North Perry
- 532 E Mills Ave
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