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Listed price in listed location currency (USD).
$220,000

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MLS® 22039311

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2682 sqft
Garage Yes
Taxes 
Days Active 213
Lot Size 0.25 acres
Approx. Age 1928
Avg. Price Per Sqft $82
MLS® Number 22039311

Property Address: 1523 Mills Ave, Indianapolis, IN, 46227-3736

Average square foot calculated using Size range provided by listing agent.

Description

Incredible Investment or Multi-Generational Living Opportunity within Walking Distance of UIndy! Just half a mile from campus, this spacious 6-bedroom home offers charm, flexibility, and a prime location-ideal for multi-generational living or as a high-demand college rental. With nearly 2, 700 sq ft of living space, it's perfect for investors or families needing ample room. The main floor includes two bedrooms and a full bath, while the upper level offers two more bedrooms. The finished, full-sized basement-matching the footprint of the main floor-includes two additional bedrooms, a full bathroom, and a second living area. This setup is ideal for added privacy, rental income, or guests. A two-car detached garage has been partially finished, providing potential for conversion into an Accessory Dwelling Unit (ADU) for added income or multi-generational use. Situated on a 0.25-acre lot, the property also offers expansion opportunities, with the potential to split the parcel for future development. Accessibility is a plus, with a newly built handicap-accessible ramp for easy main-level entry. Original hardwood floors throughout the main and upper levels add timeless appeal, while a glass-enclosed front porch offers a year-round retreat. Whether you're seeking a smart investment, flexible living options, or a spacious layout for multiple generations, this home delivers. Its location, versatility, and long-term potential make it truly unique. Don't miss out-schedule your showing today!
MLS® Number22039311
Laundry LevelConnections All, In Basement
Central VacNo
FireplaceNo
Acreage0.25
Exterior
GarageYes
Approx. Age1928
BasementFull
Driveway
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Basement10 × 15 ft
Bedroom 5:Basement12 × 13 ft
Dining Room:Main Floor13 × 15 ft
Living Room:Main Floor13 × 25 ft
Kitchen:Main Floor14 × 9 ft
Bedroom 3:Upper Level10 × 11 ft
Bedroom 4:Upper Level10 × 10 ft
Bonus Room:Basement12 × 18 ft
Other:Main Floor11 × 11 ft
Bedroom 2:Main Floor11 × 11 ft
Other:Main Floor8 × 19 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 21, 2025List Date
$220,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $218,000 and $221,000.
Similar properties in this area sold on average for: $218,933
Expected to sell very soon! Similar properties sold in 43 days. This home has been on Zoocasa for 213 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1523 Mills Ave, Indianapolis, IN

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