1303 E Castle Avenue Indianapolis, IN $ 199,000
1303 E Castle Avenue
$ 199,000
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1303 E Castle Avenue

Indianapolis, IN, 46227
$ 199,000
Bedrooms2 Baths1.0 Sq 1,628

Monthly Estimate*

$ 1,374

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Single Family Home for sale in Indianapolis, IN

for $199,000 with 2 bedrooms and 1 full bath. This 1,628 square foot home was built in 1930 on a lot size of 0.34.

Super cute and full of possibilities, this beautifully updated home near the University of Indianapolis offers a unique opportunity for flexible living. The main home has been refreshed with newer flooring and paint, creating a bright, welcoming feel that is move-in ready from day one. What truly sets this property apart is the converted detached garage. It could be used as a rental opportunity, private guest space, home office, studio, or separate living quarters for a college student, parent, or extended family member. Whether you are looking to offset your mortgage with rental income or simply enjoy the convenience of multi-generational living, this property offers incredible versatility. Located just minutes from the University of Indianapolis, this charming home combines character, updates, and opportunity in one special package.

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Single Family Active

Price

$ 199,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 4,318

Style

Bungalow

Lot Size

0.34

Year Built

1930

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22115849

Features
Interior
Interior Amenities Pantry
Total Fireplaces 1
Fireplace Features Wood Burning
Basement (Y/N) Y
Half Baths 0
Laundry Features In Unit
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Total Baths 1
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General
Heating Natural Gas
Cooling Central Air
Possession Closing
Appliances Dishwasher Disposal Gas Water Heater Microwave Electric Oven Refrigerator
Garage Spaces 1
Architectural Style Bungalow
Construction Materials Vinyl Siding
Year Built 1930
Township Perry
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Elders University Heights
Garage Y/N Y
Total Rooms 6
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Adelante Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 14941
Elementary School Emma Donnan Elementary and Middle
Property Attached Y/N N
Current Financing Conventional FHA VA
Standard Status Active
Tax Lot 171
Legal Description Elders University Hts L170 L171 & Pt L169 & L168 Beg Ne Cor Lot 171 P.O.B. Se141.37' W140' N134.8' E100' To Beg
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Exterior
Fencing Chain Link Fence Complete
Parking Features Detached Gravel
Water Source Public
Foundation Details Block
Building Area Total 1628
Lot Size Acres 0.34
Horse Amenities None
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* Excluded Features
List By
Realty World-Harbert Company

Broker

trisha@benefieldrealtyllc.com

Email

Affordability Calculator

$1,734
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,374
Monthly Property Taxes
$360
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
5509906 Elementary School
5509907 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$199,000 Listed Price

Map


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1303 E Castle Avenue, Indianapolis, IN, 46227 is a Single Family Home for sale at $199,000 with 1,628 sqft and a lot size of 0.34. 1303 E Castle Avenue has 2 bedrooms, 1.0 baths, and was built in 1930. The property's zip code is 46227 which is in Indianapolis, IN