NOT LISTED FOR SALE

1517 E Markwood Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $154,000 - $170,316

2 Beds
1 Bath
870 Sq Ft
$186/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2025

Last sale price $160,000 $184 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,015 / mo

1 Day on Market

Highlights

  • Mature Trees
  • No HOA
  • 1 Car Detached Garage
  • Wood Flooring
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of August 2025

Welcome to this inviting 2-bedroom, 1-bathroom home perfectly located just south of the University of Indianapolis. Nestled on a quiet street within walking distance to campus, parks, and more, this home blends convenience with comfort. Step inside to beautiful hardwood floors and a bright, eloquent layout. The spacious living room flows seamlessly into a functional kitchen, and a dedicated laundry room adds extra convenience. Enjoy the outdoors from your deck overlooking a fully fenced-in yard - ideal for pets, gatherings, or simply relaxing under the shade of mature trees. This property also includes a 1-car garage plus extra parking space on the side - perfect for guests or multiple vehicles.

Last Agent to Sell the Property

Tim Sewell

F.C. Tucker Company License #RB14035402 Listed on: 07/18/2025

F.C. Tucker Company

Last Buyer's Agent

Lesa King

Jeneene West Realty, LLC

Jeneene West Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1952

Lot Details

  • 5,445 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Gas Oven

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Elders University Heights Subdivision

Listing and Financial Details

  • Tax Lot 434
  • Assessor Parcel Number 491031101001254501
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,622

Year Built

Built in 1952

Lot Details

5,445 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1952
  • Building Area Total: 870
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: Elders University Heights
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Water Heater, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Living Area: 870
  • Other Equipment: Smoke Alarm
  • Spa Y N: No
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 870
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • MBR_RoomFlooring: Vinyl
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Hardwood
  • MBR_RoomFlooring: Carpet

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Foundation Details: Block
  • Patio And Porch Features: Covered
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room, Main Level
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Storm Sewer, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5445
  • Parcel Number: 491031101001254501
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1622
  • Tax Lot: 434
  • Semi Annual Property Tax Amt: 811

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Aug 8, 2025
Sold by
Bought by
Seller's Agent
Tim Sewell
F.C. Tucker Company
Buyer's Agent
Lesa King
Jeneene West Realty, LLC
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%
Views
28
Current Estimated Value
$161,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,829
Avg. Annual Appreciation
1.23%
Original Mortgage
$80,000
Outstanding Balance
$79,209
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$82,620

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 7, 2019
Sold by
Bought by
Seller's Agent
Harold Barnes
ROI Realty LLC
Buyer's Agent
Harold Barnes
ROI Realty LLC
List Price
$96,000
Sold Price
$96,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$93,120
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2011
Closed on
May 18, 2012
Sold by
Bought by
Seller's Agent
Lisa Phillips
Compass Indiana, LLC
Buyer's Agent
Ruthie Davis-Jones
List Price
$52,500
Sold Price
$52,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$42,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
-- None Listed On Document
$96,000 Stewart Title
-- First American Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $80,000
Previous Owner $93,120
Previous Owner $42,000
Source: Public Records

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 Prior Sale
08/08/2025 08/08/25 Sold $160,000 +3.2% $184 / Sq Ft
07/19/2025 07/19/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $155,000 +61.5% $178 / Sq Ft
11/07/2019 11/07/19 Sold $96,000 0.0% $110 / Sq Ft View Prior Sale
10/06/2019 10/06/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $96,000 +82.9% $110 / Sq Ft
05/18/2012 05/18/12 Sold $52,500 0.0% $60 / Sq Ft View Prior Sale
04/12/2012 04/12/12 Pending -- -- --
12/07/2011 12/07/11 For Sale $52,500 -- $60 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,621 $144,800 $18,200 $126,600
2024 $1,430 $144,100 $18,200 $125,900
2023 $1,430 $130,300 $18,200 $112,100
2022 $1,360 $116,700 $18,200 $98,500
2021 $1,174 $102,600 $18,200 $84,400
2020 $809 $83,300 $18,200 $65,100
2019 $716 $77,900 $13,800 $64,100
2018 $1,710 $67,800 $13,800 $54,000
2017 $1,510 $66,800 $13,800 $53,000
2016 $1,363 $61,300 $13,800 $47,500
2014 $1,174 $54,300 $13,800 $40,500
2013 $1,119 $53,800 $13,800 $40,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tim Sewell

    F.C. Tucker Company

    (317) 605-5861

    1 in this area

    62 Total Sales

    Tim Sewell
    Section Image

  • L

    Buyer's Agent in 2025

    Lesa King

    Jeneene West Realty, LLC

    Section Image

  • H

    Seller's Agent in 2019

    Harold Barnes

    ROI Realty LLC

    (317) 408-7440

    14 Total Sales

    Harold Barnes
    Section Image
  • Lisa Phillips

    Seller's Agent in 2012

    Lisa Phillips

    Compass Indiana, LLC

    (317) 219-9277

    113 Total Sales

    Lisa Phillips
    Section Image

  • R

    Buyer's Agent in 2012

    Ruthie Davis-Jones

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22051068

MIBOR Broker Listing Cooperative®

APN: 49-10-31-101-001.254-501

Indiana Marion County Indianapolis 46227 University Heights

1517 E Markwood Ave, Indianapolis, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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