1531 N Downey Avenue
Indianapolis, INPriced to sell! Welcome to 1531 N Downey Ave, a solid all-brick home offering an exceptional opportunity to build equity in one of Indianapolis' growing east-side neighborhoods. Conveniently located just minutes from Community Hospital East, Irvington, shopping, dining, and commuter routes, this home is ideal for buyers looking for space, value, and long-term potential. This 4-bedroom, 2-bathroom home also features an additional bedroom in the basement, providing flexibility for a growing family, home office, guest suite, or rental opportunity. The main level offers a spacious living room with a wood-burning fireplace, while the kitchen is equipped with granite countertops, stainless steel appliances, a wine cooler, and an included washer and dryer. Downstairs, the partially finished basement adds substantial square footage and includes a full bathroom, offering incredible potential to expand the finished living space and further increase the home's value. Whether you're an owner-occupant looking to personalize your next home or an investor seeking a value-add opportunity, this property offers multiple paths to success. With great bones, a desirable brick exterior, and room to add your own finishing touches, 1531 N Downey Ave is your chance to walk into significant equity at an attractive price. Don't miss this opportunity to unlock this home's full potential.
Active
- Price
- $ 205,000
- City
- Indianapolis
- Bedrooms
- 4
- Full Bathrooms
- 2
- County
- MARION
- Half Bathrooms
- 0
- Area
- Warren
- Lot Size
- 0.16 Acres
- Zip
- 46219
- Sqr Footage
- 2,388
- Year Built
- 1955
- Taxes
- $ 5924
- Style
- Traditional
- MLS#
- 22118137
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Columbus, IN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 46219
1531 N Downey Avenue Indianapolis, IN is a Single Family Home for sale at $205000 with 2388 sqft and a lot size of 0.16 Acres Acre(s). 1531 N Downey Avenue Indianapolis has 4 bedrooms, 2 baths and was built in 1955. The property's zip code is 46219 which is in Indianapolis, IN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
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