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Charles Bell

charles@sbr.homes +1(765) 532-9814

Listed by Evan Cast • Mark Dietel Realty, LLC

$ 244,000

Est. payment -/mo

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1523 E Mills AVE Indianapolis, IN 46227

6 Beds

2 Baths

2,980 SqFt

UPDATED:

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

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Charles Bell

Real Estate Advisor | RBRB18000586

+1(765) 532-9814

Charles Bell

1523 E Mills AVE Indianapolis, IN 46227

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1523 E Mills AVE