481 S Somerset Avenue Indianapolis, IN $ 155,000
481 S Somerset Avenue
$ 155,000
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481 S Somerset Avenue

Indianapolis, IN, 46241
$ 155,000
Bedrooms2 Baths1.0 Sq 1,440

Monthly Estimate*

$ 1,071

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Single Family Home for sale in Indianapolis, IN

for $155,000 with 2 bedrooms and 1 full bath. This 1,440 square foot home was built in 1948 on a lot size of 0.17.

Step inside this cute 2 bedroom, 1 bathroom bungalow with a two-car detached garage in Wayne Township. It's ready for its new owner! Recent updates include luxury vinyl plank flooring throughout, all new appliances, storm doors and some updated fixtures. This cozy home has a Brand New Roof, and the Electrical Panel was updated 3 years ago. Enjoy the characteristics of this cozy home with arched doorways and original built-ins. Spread out in the full basement which has an interior drain tile system w/lifetime warranty. Step outside to a nice size wooden deck out front and a spacious backyard that has a fenced-in yard. Great space for all your family gatherings. Quick commute to downtown, Plainfield and the airport! Close to so many amenities. Whether it's Sport Complexes or parks, you have some many places to take adventures. Don't miss out on this adorable home, schedule your showing today.

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Single Family Active

Price

$ 155,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,426

Style

Ranch

Lot Size

0.17

Year Built

1948

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22119142

Features
Interior
Interior Amenities Attic Access Built-in Features Hi-Speed Internet Availbl Eat-in Kitchen
Basement Unfinished
Basement (Y/N) Y
Half Baths 0
Laundry Features In Basement
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Total Baths 1
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General
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Available Natural Gas Connected
Possession Closing
Appliances Electric Cooktop Dryer Gas Water Heater Humidifier Microwave Electric Oven Refrigerator Washer Water Heater Water Purifier
Garage Spaces 2
Patio/Porch Features Porch
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 1948
Electric 200+ Amp Service
View Neighborhood Trees/Woods
Township Wayne
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 4
Full Baths 1
Status Active
Directions From Holt Rd and Washington St go east 3 streets turn right headed south. House is on left.
City Indianapolis
High School District MSD Wayne Township
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 7492
Property Attached Y/N N
Current Financing Conventional
Additional Parcels Y/N N
Standard Status Active
Tax Lot 71
Legal Description Alexander Heights 1st Sec L71
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Exterior
Exterior Amenities Gutter Guards Fire Pit
Fencing Full Gate
Parking Features Detached
Water Source Public
Foundation Details Block
Building Area Total 1440
Lot Size Acres 0.17
Other Equipment Dehumidifier Satellite Dish
Horse Amenities None
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* Excluded Features
List By
Grange Real Estate

Broker

lacey.ogan.realestate@gmail.com

Email

Affordability Calculator

$1,189
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,071
Monthly Property Taxes
$119
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
4045008 Elementary School
4045003 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2026$155,000 -11.43% Price Down
8/17/2026$175,000 Listed Price

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481 S Somerset Avenue, Indianapolis, IN, 46241 is a Single Family Home for sale at $155,000 with 1,440 sqft and a lot size of 0.17. 481 S Somerset Avenue has 2 bedrooms, 1.0 baths, and was built in 1948. The property's zip code is 46241 which is in Indianapolis, IN