1303 E Castle Ave Indianapolis, IN 46227
University Heights NeighborhoodEstimated payment $1,492/month
Highlights
- Wood Flooring
- 1 Car Detached Garage
- 1-Story Property
- No HOA
- Bungalow
- Central Air
About This Home
Super cute and full of possibilities, this beautifully updated home near the University of Indianapolis offers a unique opportunity for flexible living. The main home has been refreshed with newer flooring and paint, creating a bright, welcoming feel that is move-in ready from day one. What truly sets this property apart is the converted detached garage. It could be used as a rental opportunity, private guest space, home office, studio, or separate living quarters for a college student, parent, or extended family member. Whether you are looking to offset your mortgage with rental income or simply enjoy the convenience of multi-generational living, this property offers incredible versatility. Located just minutes from the University of Indianapolis, this charming home combines character, updates, and opportunity in one special package.
Listing Agent
REALTY WORLD-Harbert Company Brokerage Email: trisha@benefieldrealtyllc.com License #RB16001709 Listed on: 07/23/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,318
Year Built
- Built in 1930
Lot Details
- 14,941 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Block Foundation
- Vinyl Siding
Interior Spaces
- 814 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Combination Dining and Living Room
- Laundry in unit
- Basement
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Emma Donnan Elementary And Middle
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Elders University Heights Subdivision
Listing and Financial Details
- Tax Lot 171
- Assessor Parcel Number 491031101001399501
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,317 | $178,100 | $34,400 | $143,700 |
| 2024 | $3,921 | $179,200 | $34,400 | $144,800 |
| 2023 | $3,921 | $160,000 | $34,400 | $125,600 |
| 2022 | $3,539 | $144,700 | $34,400 | $110,300 |
| 2021 | $3,096 | $129,000 | $34,400 | $94,600 |
| 2020 | $3,004 | $124,700 | $34,400 | $90,300 |
| 2019 | $2,833 | $115,200 | $26,100 | $89,100 |
| 2018 | $2,519 | $101,100 | $26,100 | $75,000 |
| 2017 | $2,224 | $99,700 | $26,100 | $73,600 |
| 2016 | $2,018 | $92,100 | $26,100 | $66,000 |
| 2014 | $1,776 | $82,100 | $26,100 | $56,000 |
| 2013 | $1,693 | $81,400 | $26,100 | $55,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2026 07/23/26 | For Sale | $199,000 | -- | $244 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $59,200 | -- | |
| Contract Of Sale | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22115849
APN: 49-10-31-101-001.399-501
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Ask me questions while you tour the home.