$243,000
$7K PRICE DROP

Estimated payment $1,461/month

Total Views 815
4 Beds
2 Baths
1,432 Sq Ft
$170 Price per Sq Ft

Highlights

  • Very Popular Property
  • No HOA
  • Forced Air Heating and Cooling System
  • Ben Davis University High School Rated A
  • 1 Car Attached Garage
  • Combination Kitchen and Dining Room

About This Home

Discover the potential at 1502 Gumwood Drive, a single-family residence in Indianapolis that offers an exciting opportunity to create your dream home. This classic property provides a solid foundation with 1,450 square feet of living space spread across three stories, giving you room to design distinct areas for relaxation and entertainment. Imagine waking up in one of the four bedrooms, each a personal sanctuary awaiting your unique touch. The home also an updated kitchen, new hard surface floors through, and it includes two full bathrooms for your convenience. Situated on a generous 10,106 square foot lot, the outdoor space is a blank canvas for your imagination, perfect for creating a vibrant garden, a cozy patio, or a lush backyard retreat. This residence is more than just a house; it's a chance to transform a property into a personalized haven that truly reflects you.

Listing Agent

Robbie Carter

@properties License #RB25000277 Listed on: 09/08/2025

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1979

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Finished Basement

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 10,106 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Woodpointe Subdivision

Listing and Financial Details

  • Tax Lot 49-05-33-120-043.000-900
  • Assessor Parcel Number 490533120043000900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,986

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Split Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1979
  • Building Area Total: 1432
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: Woodpointe
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Tri Level, Under
  • Appliances: Dishwasher, Microwave, Electric Oven, Refrigerator
  • Levels: Tri-Level
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1
  • Interior Amenities: Attic Access, Pantry
  • Living Area: 1432
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 963
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 468
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Block, Vinyl Siding, Wood Siding
  • Fencing: Privacy
  • Foundation Details: Concrete Perimeter, Block
  • List Price: 243000
  • Patio And Porch Features: Covered

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Sq Ft: 276

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 10106
  • Parcel Number: 490533120043000900
  • Acres: <1/4 Acre
  • Price Acre: 1056522

Tax Info

  • Tax Annual Amount: 1986
  • Tax Lot: 49-05-33-120-043.000-900
  • Semi Annual Property Tax Amt: 993
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $2,045 $171,600 $16,500 $155,100
2023 $2,045 $171,600 $16,500 $155,100
2022 $2,006 $167,100 $16,500 $150,600
2021 $1,779 $133,200 $16,500 $116,700
2020 $1,452 $110,800 $16,500 $94,300
2019 $1,541 $117,000 $16,500 $100,500
2018 $1,271 $107,600 $16,500 $91,100
2017 $1,184 $100,600 $16,500 $84,100
2016 $1,112 $94,800 $16,500 $78,300
2014 $843 $86,300 $16,500 $69,800
2013 $838 $83,800 $16,500 $67,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Price Changed $243,000 -2.8% $170 / Sq Ft
09/08/2025 09/08/25 For Sale $250,000 +92.3% $175 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/29/2022 07/29/22 Sold $130,000 0.0% $91 / Sq Ft
07/08/2022 07/08/22 For Sale $130,000 -- $91 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $213,000 Chicago Title
Warranty Deed -- Drake Andrew R
Warranty Deed -- None Available
Limited Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $158,000 New Conventional
Previous Owner $76,612 Unknown
Previous Owner $75,299 New Conventional
Previous Owner $75,299 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22061340

MIBOR Broker Listing Cooperative®

APN: 49-05-33-120-043.000-900