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1516 Ruth Drive Indianapolis, IN $ 199,900
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$ 199,900 Get more info
1516 Ruth Drive
$ 199,900
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1516 Ruth Drive

Indianapolis, IN, 46240
$ 199,900
Bedrooms3 Baths2.0 Sq 1,180

Monthly Estimate*

$ 1,381

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Single Family Home for sale in Indianapolis, IN

for $199,900 with 3 bedrooms and 2 full baths. This 1,180 square foot home was built in 1925 on a lot size of 0.29.

Space, potential, and a rare 3-car garage! Welcome to 1516 Ruth Drive, a 3-bedroom, 2-bath ranch situated on a double lot on Indianapolis' north side. With an expansive yard and a 3-car detached garage, this property offers the kind of extra space that can be hard to find. Whether you need room for vehicles, hobbies, a workshop, storage, gardening, entertaining, or simply want more outdoor space to enjoy, this property delivers plenty of possibilities. Inside, the single-level layout is ready for a new owner to bring their vision and personal touches. Conveniently located near shopping, dining, everyday amenities, and major roadways. Property is being sold as-is, making this a great opportunity for a buyer ready to unlock its potential. With 3 bedrooms, 2 full baths, a double lot, and a 3-car garage, 1516 Ruth Drive has the space and possibilities to become something truly special.

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Single Family Active

Price

$ 199,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,554

Style

Ranch

Lot Size

0.29

Year Built

1925

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22126592
Features
Interior
Interior Amenities Attic Access Entrance Foyer
Total Fireplaces 1
Fireplace Features Family Room Living Room Masonry
Basement (Y/N) N
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
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General
Heating Forced Air
Cooling Central Air Wall Unit(s)
Possession Negotiable
Appliances Electric Oven Refrigerator Water Heater
Garage Spaces 3
Architectural Style Ranch
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1925
View Trees/Woods
Township Washington
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Additional Parcels Description 8000400
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Island Park
Garage Y/N Y
Total Rooms 7
Full Baths 2
Status Active
Directions GPS Friendly
High School North Central High School
City Indianapolis
High School District MSD Washington Township
MLS Area 4903 - Marion - Washington
Elementary School Allisonville Elementary School
Property Attached Y/N N
Current Financing Conventional
Additional Parcels Y/N Y
Standard Status Active
Tax Lot 165
Legal Description Island Park L165
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Exterior
Parking Features Detached Garage Door Opener
Water Source Public
Foundation Details Crawl Space
Building Area Total 1180
Lot Size Acres 0.29
Horse Amenities None
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* Excluded Features
List By
Highgarden Real Estate

Broker

atrusley@highgarden.com

Email

Affordability Calculator

$1,510
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,381
Monthly Property Taxes
$130
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
4046594 Elementary School
4045182 Middle School
North Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/7/2026$199,900 -2.44% Price Down
9/17/2026$204,900 Listed Price

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1516 Ruth Drive, Indianapolis, IN, 46240 is a Single Family Home for sale at $199,900 with 1,180 sqft and a lot size of 0.29. 1516 Ruth Drive has 3 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 46240 which is in Indianapolis, IN

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