NOT LISTED FOR SALE

1525 E Sumner Ave Indianapolis, IN 46227

University Heights Neighborhood

Estimated Value: $51,000 - $107,427

1 Bed
1 Bath
640 Sq Ft
$117/Sq Ft Est. Value

Sale Details

Date Sold: November 21, 2025

Last sale price $83,000 $130 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $579 / mo

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

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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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

5,489 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: 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
  • MBR_RoomFlooring: Other
  • MBR_RoomFlooring: Other
  • MBR_RoomFlooring: Other

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

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

Closed on
Sep 17, 2025
Sold by
Bought by
Current Estimated Value
$75,107

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
$39,950
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$35,157
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in University Heights, IN

  • Summer Hudson Real Estate Agent - eXp Realty, LLC

    Summer Hudson

    eXp Realty, LLC

    (463) 465-5943

    425 Total Sales

    3 in University Heights

    $158K - $185K Price Range

    Summer Hudson
     Section Image
  • Kimberly Papp Real Estate Agent - Key Exchange Real Estate

    Kimberly Papp

    Key Exchange Real Estate

    (877) 629-9923

    91 Total Sales

    1 in University Heights

    $265,000 Price

    Kimberly Papp
     Section Image
  • Laura Bonner Real Estate Agent - REMAX ONE

    Laura Bonner

    REMAX ONE

    (833) 607-1938

    85 Total Sales

    1 in University Heights

    $157,500 Price

    Laura Bonner
     Section Image
  • Diana Abner Real Estate Agent - eXp Realty, LLC

    Diana Abner

    eXp Realty, LLC

    (317) 732-0878

    163 Total Sales

    1 in University Heights

    $230,000 Price

    Diana Abner
     Section Image
  • Devina Cagle Real Estate Agent - Indy House and Home

    Devina Cagle

    Indy House and Home

    (888) 502-3127

    88 Total Sales

    2 in University Heights

    $3K - $130K Price Range

    Devina Cagle
     Section Image
  • Jeanette Hammel Real Estate Agent - Carpenter, REALTORS®

    Jeanette Hammel

    Carpenter, REALTORS®

    (855) 702-0671

    79 Total Sales

    1 in University Heights

    $173,000 Price

    Jeanette Hammel
     Section Image
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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
-- Eagle Land 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 $52,000
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
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

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 $1,997 $81,900 $13,500 $68,400
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 Real Estate Agent - List With Ben, LLC

    Seller's Agent in 2025

    Ben Grise

    List With Ben, LLC

    (317) 406-4310

    4 in this area

    364 Total Sales

    Ben Grise
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Claire Sorrels

    List With Ben, LLC

    2 in this area

    161 Total Sales

    Claire Sorrels
    Section Image
  • Luis Coronel Real Estate Agent - Realty of America LLC

    Buyer's Agent in 2025

    Luis Coronel

    Realty of America LLC

    (317) 207-0770

    14 in this area

    895 Total Sales

    Luis Coronel
    Section Image
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Map

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

1525 E Sumner 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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