1532 E Markwood Ave, Indianapolis, IN, 46227
About This Home
3 BEDROOM + 2 FULL BATH Charming Home w/Basement on Large Corner Lot ~ Ready to Welcome its New Owners! *BRAND NEW ROOF COMING SOON!* Walking Distance to UIndy Campus! The Open Living Room offers an Atmosphere of Cozy Sophistication, anchored by a Custom Wood-Burning Fireplace that promises Warmth & Comfort + Big Windows for Lots of Natural Light & Built-In Bookshelves - Imagine Evenings Spent in the Soft Glow of the Fire in this Inviting Space! The Kitchen is Equipped with Shaker Cabinets (Ample Cabinet Space!), providing a Classic & Functional Space to Prepare Meals; Perfect Home Office/Den (or Formal Dining Room!); Laundry Room (Washer & Dryer Included!); Main-Level Primary Bedroom + Upper-Level w/2 Additional Bedrooms + Cozy Loft Area & Full Bath w/Walk-In Shower & Full Tub - Providing Private Space for Rest & Rejuvenation. Partial Basement offers Additional Storage Space - or the Perfect Bonus/Rec Room! Neutral Decor Throughout ~ Well-Maintained ~ This Property includes a Lovely Covered Porch to Enjoy + Professional Landscaping + Mature Trees + An Awesome Open Patio & Fenced Backyard that Provides Privacy, while the Hot Tub invites Relaxation Under the Stars! Storage Shed offers Practical Storage + 2-Car Garage! Home sits on a Generous 10880 Square Foot (Corner) Lot & is Located in a Desirable Area! This Charming Property offers a Unique Opportunity to Embrace a Lifestyle of Comfort & Enjoyment!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1928
Materials
- Foundation: Block,Brick/Mortar
- Construction materials: Stone,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,MicroHood,Gas Oven,Refrigerator,Washer
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Daylight,Partial,Unfinished
Bedroom2
- Level: Upper
- Area: 224
- Dimensions: 14x16
Bedroom3
- Features: Other
- Level: Upper
- Area: 216
- Dimensions: 12x18
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Features
- Built-in Features,Entrance Foyer,Ceiling Fan(s),Hardwood Floors,Eat-in Kitchen
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Living Room,Wood Burning
- Fireplace: Yes
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,990
- Total interior livable area: 1,990 sqft
Kitchen
- Level: Main
- Area: 180
- Dimensions: 15x12
Laundry
- Level: Main
- Area: 42
- Dimensions: 07x06
Living Room
- Level: Main
- Area: 336
- Dimensions: 21x16
Loft
- Level: Upper
- Area: 120
- Dimensions: 12x10
Master Bedroom
- Level: Main
- Area: 150
- Dimensions: 15x10
Office
- Level: Main
- Area: 132
- Dimensions: 12x11
Property
Details
- Parcel number: 491031101001263501
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio,Covered
- Has spa: Yes
- Spa features: See Remarks
- Fencing: Fenced,Privacy
Lot
- Lot size: 0.25 Acres
- Features: Corner Lot,Sidewalks,Storm Sewer,Mature Trees
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Heat Wave
- Inland Flooding
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,309 | $15,708 |
| Home Insurance * | $170 | $2,040 |
| Property Taxes | $268 | $3,216 |
| Electricity | $184 | $2,212 |
| Total | $1,931 | $23,172 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $255,000 |
| 2026-07-25 | Price change | $258,900 |
| 2026-06-27 | Listed for sale | $260,000 |
| 2025-12-14 | Listing removed | $270,000 |
| 2025-08-28 | Price change | $270,000 |
| 2025-08-07 | Price change | $275,000 |
| 2025-07-18 | Price change | $277,900 |
| 2025-06-25 | Price change | $279,900 |
| 2025-06-13 | Listed for sale | $284,900 |
| 2023-06-16 | Sold | $213,000 |
| 2023-05-22 | Pending sale | $210,000 |
| 2023-05-18 | Listed for sale | $210,000 |
| 2014-01-03 | Sold | $49,900 |
| 2013-11-22 | Pending sale | $48,000 |
| 2013-11-19 | Listed for sale | $48,000 |
| 2011-02-10 | Listing removed | $95,900 |
| 2010-11-28 | Price change | $95,900 |
| 2010-08-08 | Listed for sale | $99,900 |
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