388 S Downey Ave Indianapolis, IN 46219
Irvington Neighborhood
2
Beds
1
Bath
1,127
Sq Ft
4,182
Sq Ft Lot
Highlights
- Wood Flooring
- Formal Dining Room
- Bungalow
- No HOA
- 1 Car Detached Garage
- 1-Story Property
About This Home
As of March 2025A charming opportunity in the heart of Irvington! This classic 2-bedroom, 1-bath bungalow is full of character and just waiting for the right touch to bring it back to life. From the enclosed front porch to the original hardwood floors and built-in details, this home has the bones of a true gem. Inside, you'll find a spacious living room with a brick fireplace, arched entryways, and plenty of natural light streaming through the windows. The kitchen, with its vintage cabinetry and tiled backsplash, is ready for a creative update. With 1,002 sq ft of space, there's plenty of potential to make this home your own. The detached one-car garage and backyard offer additional space for storage or outdoor entertaining. Located in one of the city's most sought-after neighborhoods, you'll be close to local shops, restaurants, and the vibrant Irvington Historic District. If you're looking for a fixer-upper with charm and a prime location, this is your chance!
Last Agent to Sell the Property
Red Bridge Real Estate Brokerage Email: terry@redbridgerealestate.com
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,298
Year Built
- Built in 1927
Lot Details
- 4,182 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Block Foundation
Interior Spaces
- 1-Story Property
- Family Room with Fireplace
- Formal Dining Room
- Basement
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Ohmers Sub Subdivision
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 491010105004000701
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
Mar 12, 2025
Sold by
Simple Quarters Llc
Bought by
Webber Properties Llc
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$139,900
Sold Price
$126,100
Premium/Discount to List
-$13,800
-9.86%
Total Days on Market
2
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.29%
Original Mortgage
$80,000
Interest Rate
6.91%
Mortgage Type
Construction
Purchase Details
Listed on
Feb 25, 2025
Closed on
Feb 7, 2025
Sold by
Abundantly Faithful Investments Llc
Bought by
Simple Quarters Llc
Seller's Agent
Terry Young
Red Bridge Real Estate
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$139,900
Sold Price
$126,100
Premium/Discount to List
-$13,800
-9.86%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.91%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 28, 2010
Sold by
Flodder Kenneth
Bought by
Deutsche Bank Trust Company Americas and Bankers Trust Company
Map
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Similar Homes in Indianapolis, IN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $125,000 | None Listed On Document | |
| Warranty Deed | $95,000 | Investors Title | |
| Personal Reps Deed | $95,000 | Title Services Corporation | |
| Sheriffs Deed | $25,200 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $80,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Sold | $126,100 | -9.9% | $112 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 02/25/2025 02/25/25 | For Sale | $139,900 | -- | $124 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
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 | $1,385 | $139,800 | $27,400 | $112,400 |
| 2023 | $1,385 | $128,700 | $27,400 | $101,300 |
| 2022 | $1,553 | $133,400 | $27,400 | $106,000 |
| 2021 | $1,414 | $121,000 | $27,400 | $93,600 |
| 2020 | $865 | $96,300 | $13,500 | $82,800 |
| 2019 | $778 | $90,900 | $13,500 | $77,400 |
| 2018 | $796 | $86,600 | $13,500 | $73,100 |
| 2017 | $615 | $81,300 | $13,500 | $67,800 |
| 2016 | $1,529 | $73,400 | $13,500 | $59,900 |
| 2014 | $1,424 | $66,100 | $13,500 | $52,600 |
| 2013 | $463 | $64,000 | $13,500 | $50,500 |
Source: Public Records
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22023831
APN: 49-10-10-105-004.000-701
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.
Based on information submitted to the MLS GRID. 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.
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