See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2515 S New Jersey St, Indianapolis, IN, 46225

2beds
1baths
1,224sqft
$165,000
$135price/sqft
$1,287/moest. monthly cost
$51,480/yrincome needed

About This Home

Charming Southside bungalow just minutes from Garfield Park! This 2-bedroom, 1-bath home blends classic character with everyday comfort, featuring natural hardwood floors throughout the main level and beautiful built-in shelving and storage in both the dining room and one of the bedrooms. The inviting layout offers a warm, functional flow, while the full basement provides additional space for storage, hobbies, or future possibilities. Nestled on a quiet dead-end street, the property also includes a 1-car detached garage and a fully fenced backyard-perfect for relaxing or enjoying time outdoors. With close proximity to parks, walking trails, and easy access to downtown Indianapolis, this home offers a great opportunity to enjoy both charm and convenience. Come see the character and potential for yourself-schedule your showing today! Property is being sold as-is and presents a great opportunity for buyers looking to add personal touches or invest.

Getting Around

66
WalkingSomewhat Walkable
37
TransitSome Transit
52
BikeBikeable

Schools

6/10
1/10

Construction

Condition

  • Year built: 1925

Materials

  • Foundation: Concrete Perimeter,Crawl Space
  • Construction materials: Vinyl With Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Disposal,Gas Water Heater,Electric Oven,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes

Bedroom2

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

  • Level: Main
  • Area: 156
  • Dimensions: 12x13

Features

  • Built-in Features,Hardwood Floors
  • Flooring: Hardwood
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,224
  • Total interior livable area: 1,224 sqft

Kitchen

  • Level: Main
  • Area: 48
  • Dimensions: 8x6

Living Room

  • Level: Main
  • Area: 204
  • Dimensions: 12x17

Master Bedroom

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Property

Details

  • Parcel number: 491124145032000101
  • Special condition: As Is,Cosmetics Needed,Needs Updating
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered

Lot

  • Lot size: 5,662 sqft
  • Features: Curbs,Sidewalks,Storm Sewer,Street Lights,Mature Trees,Trees-Small (Under 20 Ft)

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $834$10,008
Home Insurance *$115$1,380
Property Taxes $154$1,848
Electricity $184$2,212
Total$1,287$15,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,125/yr
40% on housing$38,610/yr
45% on housing$34,320/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$135This listing

vs Other Active Listings

Avg $/sqft

ZIP 46225$110
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46225$126
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Listed for sale$175,000
2024-10-11Listing removed$171,900
2024-09-27Price change$171,900
2024-08-10Listed for sale$174,900
2024-02-21Listing removed--
2024-02-05Price change$181,900
2023-12-05Listed for sale$184,900
2022-01-10Sold$155,000
2021-12-13Pending sale$159,900
2021-11-19Price change$159,900
2021-09-14Listed for sale$174,900

For Sale by Agent

AgentIsaiah Ullery
BrokerageSteve Lew Real Estate Group, LLC

Similar Homes