$83,000
SOLD NOV 21, 2025

Indianapolis, IN 46227

University Heights Neighborhood
1 Bed
1 Bath
640 Sq Ft
5,489 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

11% Below List Price

28 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Combination Dining and Living Room
  • 1 Car Detached Garage
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2025

Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

Last Agent to Sell the Property

Ben Grise

List With Ben, LLC License #RB19001714 Listed on: 10/01/2025

Co-Listed By

Claire Sorrels

List With Ben, LLC License #RB23002245

Last Buyer's Agent

Luis Coronel

Realty of America LLC License #RB14042810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1937

Lot Details

  • 5,489 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 271
  • Assessor Parcel Number 491030132001085501
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,728

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1937
  • Building Area Total: 640
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: https://www.landcontracthomesin.com/property/1525-e-sumner-ave-indianapolis-in-46227/
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 640
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 640
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling: None
  • Heating: None
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5489
  • Parcel Number: 491030132001085501
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1728
  • Tax Lot: 271
  • Semi Annual Property Tax Amt: 864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2025
Sold by
Hughes Alberta E
Bought by
Grise Home And Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Outstanding Balance
$49,374
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$54,761
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Eagle Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $52,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 Sold $83,000 -5.7% $130 / Sq Ft
10/29/2025 10/29/25 Pending -- -- --
10/15/2025 10/15/25 Price Changed $88,000 -5.4% $138 / Sq Ft
10/01/2025 10/01/25 For Sale $93,000 -- $145 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $579 $72,800 $13,500 $59,300
2023 $579 $21,500 $13,500 $8,000
2022 $554 $20,600 $13,500 $7,100
2021 $501 $18,800 $13,500 $5,300
2020 $489 $18,300 $13,500 $4,800
2019 $305 $10,200 $5,600 $4,600
2018 $330 $11,200 $5,600 $5,600
2017 $291 $10,800 $5,600 $5,200
2016 $281 $10,600 $5,600 $5,000
2014 $223 $10,300 $5,600 $4,700
2013 $258 $12,400 $5,600 $6,800
Source: Public Records

Agents Affiliated with this Home

  • Ben Grise

    Seller's Agent in 2025

    Ben Grise

    List With Ben, LLC

    (317) 970-0929

    4 in this area

    313 Total Sales

    Ben Grise
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Claire Sorrels

    List With Ben, LLC

    2 in this area

    111 Total Sales

    Claire Sorrels
    Section Image
  • Luis Coronel

    Buyer's Agent in 2025

    Luis Coronel

    Realty of America LLC

    (317) 207-0770

    13 in this area

    914 Total Sales

    Luis Coronel
    Section Image
See All Agents

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22065736

MIBOR Broker Listing Cooperative®

APN: 49-10-30-132-001.085-501

Indiana Marion County Indianapolis 46227

University Heights

Sold

Detached

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® 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.

Nearby Homes