1523 E Mills AVE Active

Indianapolis,IN 46227

$ 244000

6 Beds

2 Baths

2980 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,980 sqft

Price per Sqft $81

Subdivision Elders University Heights

MLS Listing ID 22039311

Bedrooms 6

Full Baths 2

HOA Y/N No

Year Built 1928

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Single Family Residence

Property Description

Incredible Investment or Multi-Generational Living Opportunity within Walking Distance of UIndy! Just half a mile from campus, this spacious 6-bedroom home offers charm, flexibility, and a prime location-ideal for multi-generational living or as a high-demand college rental. With nearly 2,700 sq ft of living space, it's perfect for investors or families needing ample room. The main floor includes two bedrooms and a full bath, while the upper level offers two more bedrooms. The finished, full-sized basement-matching the footprint of the main floor-includes two additional bedrooms, a full bathroom, and a second living area. This setup is ideal for added privacy, rental income, or guests. A two-car detached garage has been partially finished, providing potential for conversion into an Accessory Dwelling Unit (ADU) for added income or multi-generational use. Situated on a 0.25-acre lot, the property also offers expansion opportunities, with the potential to split the parcel for future development. Accessibility is a plus, with a newly built handicap-accessible ramp for easy main-level entry. Original hardwood floors throughout the main and upper levels add timeless appeal, while a glass-enclosed front porch offers a year-round retreat. Whether you're seeking a smart investment, flexible living options, or a spacious layout for multiple generations, this home delivers. Its location, versatility, and long-term potential make it truly unique. Don't miss out-schedule your showing today!

Location

State IN

County Marion

Rooms

Basement Full

Main Level Bedrooms 2

Interior

Interior Features Built-in Features,Hardwood Floors,Hi-Speed Internet Availbl,Supplemental Storage

Heating Forced Air,Natural Gas

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Living Room,Wood Burning

Fireplace Y

Appliance Dishwasher,Disposal,Gas Water Heater,Electric Oven,Refrigerator

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected,Natural Gas Connected

View Y/N false

Building

Story One and One Half

Foundation Block

Water Public

Architectural Style Bungalow

Structure Type Vinyl With Brick

New Construction false

Schools

School District Perry Township Schools

Others

Virtual Tour https://www.tourfactory.com/idxr3207079

View More
Favorite Go Tour