5022 University Avenue

Indianapolis, IN
$ 120,000 Beds 3 Baths 1 Sq 1,534
Monthly Estimate* How much can I afford?

Do you want the expensive items to already be newer? To save you money? Do you want to avoid the big expenses and focus on the cosmetic work and enjoy making it your home? This could be the one. It has several bonuses & features that are uncommon for homes in this area & price point. Come and see for yourself. Roof & HVAC new in the last 3-5 years. Wiring in electrical panel is tidy. Hot Water Heater is newer. Backyard offers much and has accents of a nostalgic "Pioneer Village". A true double-lot backyard with full privacy fence. Firepit area is meticulously neat with a large pea graveled area with fountain. Covered swing. has metal roof/barn wood covering giving you shade or rain shelter. Very nice large 16x12 Workshop/Barn has electricity, multiple work benches, full size 9-foot garage door for big mowers, motorcycles or simply to catch a good breeze. Smaller outbuilding is 9x9 mini-barn also with electricity. Admire it all from your elevated full-size deck, just off the back door. Park under the newer 20X20 Carport. Inside, the dining room has a fireplace and beautiful vintage, built-in buffet-cabinets. Similar to the houses in Irvington/old Broad Ripple/Garfield Park. After dinner head to the spacious, fully enclosed front porch with wrap around windows. Catch the night breeze without getting bug-bit. The 2 downstairs bedrooms could be opened up into a large master suite, as they already share a common-wall closet. Upstairs has been long left alone with the kids being grown and long gone. But it is ready for a clean-up and a new purpose. There is light carpentry needed as the faces have loosened on some kitchen drawers and other similar needs. All appliances stay. Lots of cabinet space. Beautiful rose bushes. This 1920 home has features that are hard to duplicate. Some straightforward paint, flooring and some light carpentry will make this home yours. Seller has an insurance claim for air-conditioning condenser in process. Estate sale. Sold As-Is

Active

  • Price
  • $ 120,000
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Center
  • Lot Size
  • 0.2 Acres
  • Zip
  • 46201
  • Sqr Footage
  • 1,534
  • Year Built
  • 1920
  • Taxes
  • $ 228
  • Style
  • Traditional
  • MLS#
  • 22126962
Listed By: Steven Minton with eXp Realty, LLC;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Possession Closing
Appliances Dishwasher,Dryer,Gas Water Heater,Gas Oven,Refrigerator,Washer,Water Heater
Patio/Porch Features Deck,Glass Enclosed
Architectural Style Traditional
Construction Materials Vinyl Siding,Wood Siding
Year Built 1920
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
Subdivision Name Stones University
Garage Y/N No
Other Structures Outbuilding
Total Rooms 6
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 8880
Property Attached Y/N No
Current Financing Conventional
Additional Parcels Y/N No
Standard Status Active
Tax Lot 1015553
Legal Description Stones University Add L5 & L6

Interior Features

Interior Amenities Attic Stairway,Breakfast Bar,Paddle Fan,Hi-Speed Internet Availbl,Wood Work Painted
Basement Partial,Unfinished
Total Fireplaces 1
Fireplace Features Dining Room
Basement (Y/N) Yes
Laundry Features In Unit
Total Bedrooms 3
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Exterior Amenities Barn Mini,Fire Pit,Storage Shed,Water Feature Fountain
Fencing Full,Privacy
Parking Features Carport,Workshop in Garage
Lot Features Sidewalks
Water Source Public
Foundation Details Block
Building Area Total 1534
Lot Size Acres 0.2
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

9/19/2026 Listed $120,000

Property vs Zip Code Average in 46201

Price
AVG $230K
$120K
Taxes
AVG $2,861
$228
Year Built
AVG 1931
1920
Visits
AVG 91
5
Data Provided by Inside Real Estate®

5022 University Avenue Indianapolis, IN is a Single Family Home for sale at $120000 with 1534 sqft and a lot size of 0.2 Acres Acre(s). 5022 University Avenue Indianapolis has 3 bedrooms, 1 baths and was built in 1920. The property's zip code is 46201 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.