1531 N Downey Avenue, Indianapolis, IN 46219
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1531 N Downey Avenue,Indianapolis, IN 46219
$220,000
- 4 Beds
- 2 Baths
- 1,647 sq. ft.
- Single family
- Active
Listed by: kevin burke, tyler lingle
Office: @properties
MLS#:22118137
Source:IN_MIBOR
Price summary
- Price:$220,000
- Price per sq. ft.:$92.13
About this home
Priced 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....
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Home facts
- Year built:1955
- Subdivision & Development:Justus Downey
- Listing ID #:22118137
- Added:6 day(s) ago
- Updated:August 12, 2026 at 10:28 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Dining Description:Dining Combo/Kitchen
- Kitchen Description:Dishwasher, Electric Oven, Microwave, Refrigerator
- Basement:Yes
- Basement Description:Basement, Finished Walls
- Living area:1,647 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1955
- Building area:1,647 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Brick, Stone
- Foundation Description:Block
Schools
- High school:Warren Central High School
- Elementary school:Brookview Elementary School
Utilities
- Water:Public Water
Finances and disclosures
- Price:$220,000
- Price per sq. ft.:$92.13
Features and amenities
- Appliances:Microwave, Refrigerator, Smoke Alarm
- Amenities:Attic Access
Parking
- Garage:Yes
- Garage spaces:2
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