1420 E Edwards Avenue Indianapolis, IN $ 179,900
1420 E Edwards Avenue
$ 179,900
New Construction
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1420 E Edwards Avenue

Indianapolis, IN, 46227
$ 179,900
Bedrooms4 Baths2.1 Sq 3,396

Monthly Estimate*

$ 1,243

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Single Family Home for sale in Indianapolis, IN

for $179,900 with 4 bedrooms and 2 full baths, 1 half bath. This 3,396 square foot home was built in 1905 on a lot size of 0.26.

READ AGENT REMARKS BEFORE SCHEDULING SHOWING. Indianapolis investment opportunity on a prime corner lot near the University of Indianapolis and just a short drive from downtown. Gutted to the studs and ready for its next chapter, this property comes with permit-ready plans for a 4-bedroom, 2.5-bath home featuring 9'+ ceilings, an open living room flowing into a huge kitchen and dining combo, and a private main-level primary suite with walk-in closet and en-suite bath. A half bath and laundry room round out the main level. Upstairs, three additional bedrooms - two with charming window seats and one boasting a huge walk-in closet - share a full bath, complemented by a linen closet and a skylight-lit stairwell that fills the upper level with natural light, plus a laundry chute for everyday convenience. The unfinished basement offers excellent storage or workshop space. Curb appeal is already in place with newer LP SmartSide siding, a newer roof, a striking red front door with sidelights, a covered front porch, and beautiful mature landscaping. Outside, enjoy a large detached 2-car garage, an expansive deck, and a fully fenced, privacy-fenced backyard. Situated on a .26-acre corner lot with 82' of frontage and 136' of depth, this property may also offer potential to split off a second buildable lot (subject to zoning approval) - a compelling upside for builders and investors seeking new construction or fix-and-flip potential in a high-demand area near the university. Bring your vision and your contractor; the heavy lifting of demo and design is already done.

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Single Family Active

Price

$ 179,900

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 3,034

Style

Traditional

Lot Size

0.26

Year Built

1905

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22113220

Features
Interior
Interior Amenities High Ceilings Entrance Foyer Hi-Speed Internet Availbl
Basement Daylight Full Unfinished
Total Fireplaces 1
Fireplace Features Living Room Masonry
Basement (Y/N) Y
Half Baths 1
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 1
Total Baths 3
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General
Heating None
Cooling Central Air
Possession Closing
Appliances None
Garage Spaces 2
Patio/Porch Features Covered Deck
Architectural Style Traditional
Construction Materials Wood Siding
Year Built 1905
Township Perry
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Elders University Heights
Facing Direction South
Garage Y/N Y
Total Rooms 7
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 11151
Property Attached Y/N N
Current Financing FHA 203(k) Other
Property Condition Under Construction
Additional Parcels Y/N N
Standard Status Active
Tax Lot L359
Legal Description Elders Univ Hts L359
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Exterior
Exterior Amenities Barn Mini Fire Pit Smart Lock(s)
Fencing Full Privacy Gate
Parking Features Detached Gravel
Lot Features Corner Lot Sidewalks Mature Trees
Water Source Public
Foundation Details Block Brick/Mortar Full
Building Area Total 3396
Lot Size Acres 0.26
Other Equipment Sump Pump
Horse Amenities None
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* Excluded Features
List By
Dna Properties, Llc

Broker

gretchen@DNApropertiesIndy.com

Email

Affordability Calculator

$1,495
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,243
Monthly Property Taxes
$253
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$179,900 -5.27% Price Down
7/30/2026$189,900 -5.00% Price Down
7/10/2026$199,900 Listed Price

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1420 E Edwards Avenue, Indianapolis, IN, 46227 is a Single Family Home for sale at $179,900 with 3,396 sqft and a lot size of 0.26. 1420 E Edwards Avenue has 4 bedrooms, 2.1 baths, and was built in 1905. The property's zip code is 46227 which is in Indianapolis, IN