1542 E Edwards Ave Indianapolis, IN 46227
University Heights NeighborhoodEstimated payment $1,769/month
Highlights
- 0.38 Acre Lot
- Cathedral Ceiling
- No HOA
- Traditional Architecture
- Main Floor Bedroom
- 2 Car Detached Garage
About This Home
This 3-bedroom, 2-bathroom, lovely brick home sits on three lots near the University of Indianapolis, where the fully fenced backyard is a genuine oasis - a sprawling, private retreat shaded by mature trees with a paver patio and screened porch made for summer evenings. Inside, the sun-filled great room features cathedral ceilings, bay windows, a skylight, and a gas fireplace. The whole house was updated in 2026 with new LVP and carpet, fresh paint, and new fixtures throughout. The primary bedroom is conveniently on the main level, the kitchen features stainless steel appliances, and the full basement with a second kitchen gives you more options than you'd expect at this price point. The big-ticket items are already handled - new A/C (2024), furnace (2022), water heater (2025), sewer lines (2022), and a smart thermostat - plus a central vacuum system, washer and dryer, and a detached 2-car garage with metal roof. Space, updates, and a backyard you'll never want to leave - all just minutes from UIndy.
Listing Agent
DNA Properties, LLC Brokerage Email: gretchen@DNApropertiesIndy.com License #RB14046580 Listed on: 06/07/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,408
Year Built
- Built in 1955
Lot Details
- 16,320 Sq Ft Lot
Parking
- 2 Car Detached Garage
- Alley Access
- Garage Door Opener
Home Design
- Traditional Architecture
- Block Foundation
- Vinyl Construction Material
Interior Spaces
- 1.5-Story Property
- Central Vacuum
- Woodwork
- Cathedral Ceiling
- Paddle Fans
- Gas Log Fireplace
- Great Room with Fireplace
- Unfinished Basement
- Natural lighting in basement
- Smart Thermostat
Kitchen
- Gas Oven
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl Plank
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Screened Patio
- Shed
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
- Elders University Heights Subdivision
Listing and Financial Details
- Tax Lot Approx
- Assessor Parcel Number 491031101001407501
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 | $5,520 | $230,100 | $41,000 | $189,100 |
| 2024 | $4,963 | $229,600 | $41,000 | $188,600 |
| 2023 | $4,963 | $204,700 | $41,000 | $163,700 |
| 2022 | $4,466 | $184,700 | $41,000 | $143,700 |
| 2021 | $3,884 | $163,900 | $41,000 | $122,900 |
| 2020 | $3,771 | $158,500 | $41,000 | $117,500 |
| 2019 | $1,796 | $146,800 | $31,100 | $115,700 |
| 2018 | $1,580 | $128,600 | $31,100 | $97,500 |
| 2017 | $1,386 | $125,700 | $31,100 | $94,600 |
| 2016 | $1,163 | $116,400 | $31,100 | $85,300 |
| 2014 | $1,014 | $106,000 | $31,100 | $74,900 |
| 2013 | $873 | $90,000 | $31,100 | $58,900 |
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 |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | Pending | -- | -- | -- | |
| 06/07/2026 06/07/26 | For Sale | $244,000 | +47.9% | $151 / Sq Ft | |
| 06/10/2019 06/10/19 | Sold | $165,000 | +3.2% | $78 / Sq Ft | View Prior Sale |
| 05/15/2019 05/15/19 | Pending | -- | -- | -- | |
| 05/13/2019 05/13/19 | For Sale | $159,900 | -- | $75 / 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 |
|---|---|---|---|
| Warranty Deed | $165,000 | First American Title Insurance |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $108,000 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22084097
APN: 49-10-31-101-001.407-501
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Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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