Seller's Agent in 2025
Gretchen Szostak
DNA Properties, LLC
(317) 721-5310
4 in this area
53 Total Sales
1601 E Edwards Ave Indianapolis, IN 46227
University Heights Neighborhood
3
Beds
2.5
Baths
1,560
Sq Ft
7,013
Sq Ft Lot
Highlights
- Mature Trees
- Traditional Architecture
- Covered Patio or Porch
- Deck
- No HOA
- Woodwork
About This Home
As of June 2025Stunning remodel with park views and prime location near the University of Indianapolis! Discover this beautifully remodeled 3-bedroom, 2.5-bathroom home, perfectly situated across from University Heights Park and just steps away from UIndy. This home offers the perfect blend of modern updates, old-world charm and an unbeatable location. Enjoy the open floor plan, ideal for both everyday living and entertaining. The stylish kitchen boasts stainless steel appliances, ample counter space, and a seamless flow into the living area. New windows fill the home with natural light. The spacious master is a true retreat, featuring a walk-in closet and luxurious en-suite bathroom. Two additional bedrooms and updated bathrooms ensure comfort for family or guests. Outside, enjoy the expansive backyard with a new deck - perfect for relaxing or hosting summer barbecues. With a new roof, plenty of storage, enough parking for an RV or boat, and thoughtful updates inside and out, this home is truly move-in ready. Whether you're taking a stroll through the park, enjoying the local amenities, or taking advantage of the proximity to UIndy and downtown Indianapolis, this home has it all. Schedule your private tour today!
Last Agent to Sell the Property
DNA Properties, LLC Brokerage Email: gretchen@DNApropertiesIndy.com License #RB14046580 Listed on: 05/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,014
Year Built
- Built in 1927 | Remodeled
Lot Details
- 7,013 Sq Ft Lot
- Mature Trees
- Additional Parcels
Home Design
- Traditional Architecture
- Block Foundation
- Wood Siding
Interior Spaces
- 2-Story Property
- Woodwork
- Paddle Fans
- Vinyl Clad Windows
- Window Screens
- Entrance Foyer
- Combination Dining and Living Room
- Attic Access Panel
- Monitored
- Laundry on main level
Kitchen
- Breakfast Bar
- Electric Oven
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Basement
- Basement Fills Entire Space Under The House
- Basement Lookout
Outdoor Features
- Deck
- Covered Patio or Porch
- Fire Pit
Utilities
- Forced Air Heating System
- Programmable Thermostat
- Gas Water Heater
Community Details
- No Home Owners Association
- The Freeland Subdivision
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 491031128001025501
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2025
Closed on
Jun 24, 2025
Sold by
Szostak Peter and Szostak Gretchen
Bought by
Ullom John Arrington
Seller's Agent
Gretchen Szostak
DNA Properties, LLC
Buyer's Agent
Mark Wesler
eXp Realty, LLC
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Views
67
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-92.90%
Original Mortgage
$240,000
Outstanding Balance
$225,245
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$66,245
Purchase Details
Closed on
Apr 28, 2023
Sold by
Schath Thomas Anthony and Schath Traci Lynn
Bought by
Szostak Peter and Szostak Gretchen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 21, 2014
Sold by
Lowry James N
Bought by
Sweeney James C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Stewart Title Company | |
| Warranty Deed | -- | Stewart Title Company | |
| Warranty Deed | -- | Security Title | |
| Warranty Deed | -- | Chicago Title Company Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | New Conventional | |
| Closed | $240,000 | New Conventional | |
| Previous Owner | $120,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | Sold | $300,000 | 0.0% | $192 / Sq Ft |
| 05/23/2025 05/23/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | For Sale | $299,900 | 0.0% | $192 / Sq Ft |
| 02/21/2016 02/21/16 | Rented | -- | -- | -- |
| 02/15/2016 02/15/16 | Under Contract | -- | -- | -- |
| 02/15/2016 02/15/16 | For Rent | $1,650 | +3.1% | -- |
| 03/24/2015 03/24/15 | Rented | $1,600 | 0.0% | -- |
| 03/24/2015 03/24/15 | Under Contract | -- | -- | -- |
| 12/18/2014 12/18/14 | For Rent | $1,600 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $109 | $4,000 | $4,000 | -- |
| 2023 | $109 | $4,000 | $4,000 | $0 |
| 2022 | $110 | $4,000 | $4,000 | $0 |
| 2021 | $117 | $4,000 | $4,000 | $0 |
| 2020 | $117 | $4,000 | $4,000 | $0 |
| 2019 | $83 | $3,500 | $3,500 | $0 |
| 2018 | $83 | $3,500 | $3,500 | $0 |
| 2017 | $74 | $3,500 | $3,500 | $0 |
| 2016 | $73 | $3,500 | $3,500 | $0 |
| 2014 | $76 | $3,500 | $3,500 | $0 |
| 2013 | $73 | $3,500 | $3,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gretchen Szostak
-
Mark Wesler
Buyer's Agent in 2025
Mark Wesler
eXp Realty, LLC
(317) 372-3283
5 in this area
128 Total Sales
-
Daniel Baldini
D
Seller's Agent in 2016
Daniel Baldini
Polaris Real Estate Group, INC
(317) 749-2766
20 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22037255
APN: 49-10-31-128-001.000-501
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