1537 Gilbert Avenue

Indianapolis, IN
$ 306,000 Beds 3 Baths 2 Sq 2,540
Monthly Estimate* How much can I afford?

New, New, NEW!!! Almost everything is NEW!! This home is amazing. Discover a timeless ranch home, originally built in 1926, offering 1496 square feet of refined living space. This home has been thoughtfully transformed, blending its historical charm with contemporary elegance, ready to embrace its next chapter. The heart of this home lies in its open-plan kitchen, seamlessly connecting with dining room and then the living room. This design fosters an environment perfect for both everyday living and entertaining, allowing for effortless interaction and flow. Beyond the main living areas, this property extends its appeal with a private yard and an inviting outdoor living space, perfect for enjoying the outdoors. The welcoming porch with its original wood ceiling, offers a charming spot for morning coffee or evening unwinding. Experience the harmonious blend of comfort and style this exquisite property offers and schedule your private viewing today.

Active

  • Price
  • $ 306,000
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Perry
  • Lot Size
  • 0.3 Acres
  • Zip
  • 46227
  • Sqr Footage
  • 2,540
  • Year Built
  • 1926
  • Taxes
  • $ 1820
  • Style
  • Ranch,Traditional
  • MLS#
  • 22122672
Listed By: Rebecca Slate with Slate Realty, LLC;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating High Efficiency (90%+ AFUE )
Cooling Central Air
Possession Closing
Appliances Dishwasher,ENERGY STAR Qualified Water Heater,Disposal,MicroHood,Electric Oven,Refrigerator,Water Heater
Garage Spaces 3
Patio/Porch Features Covered,Deck
Architectural Style Ranch,Traditional
Construction Materials Vinyl With Brick
Year Built 1926
Township Perry
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Madison Heights
Garage Y/N Yes
Total Rooms 12
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Perry Township Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 13199
Property Attached Y/N No
Property Condition Updated/Remodeled
Standard Status Active
Tax Lot 49-15-06-113-022.000-500
Legal Description Madison Heights Pt Of L8 Beg Ne Cor P.O.B. S240' W40' Nw239.45' E65' To Beg .303 Ac

Interior Features

Interior Amenities Attic Access,Cathedral Ceiling(s),Pantry,Walk-In Closet(s)
Basement Storage Space,Unfinished
Basement (Y/N) Yes
Laundry Features In Unit,Laundry Closet
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Exterior Amenities Gutter Guards,Storage Shed
Parking Features Detached
Lot Features Mature Trees
Water Source Public
Foundation Details Block
Building Area Total 2540
Lot Size Acres 0.3
Horse Amenities None

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 Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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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

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/26/2026 Listed $309,000
9/22/2026 1% - $306,000

Property vs Zip Code Average in 46227

Price
AVG $270K
$310K
Taxes
AVG $3,256
$1,820
Year Built
AVG 1957
1926
Visits
AVG 56
20
Data Provided by Inside Real Estate®

1537 Gilbert Avenue Indianapolis, IN is a Single Family Home for sale at $306000 with 2540 sqft and a lot size of 0.3 Acres Acre(s). 1537 Gilbert Avenue Indianapolis has 3 bedrooms, 2 baths and was built in 1926. The property's zip code is 46227 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.