$189,900
Original price: $199,900
4 Beds
2.5 Baths
3,396 sqft (on 0.26 acres)
1420 E Edwards Ave, Indianapolis, IN 46227
Est. Mortgage $1,244/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1905
0.26 acre lot
$56/sqft
Garage
Local Information
- Map ViewExplore the area around 1420 E Edwards Ave.
- Schools9 Preschool Schools12 Elementary Schools4 Middle Schools4 High Schools
- Shop & Eat
-- mins to
About this House
READ AGENT REMARKS BEFORE SCHEDULING SHOWING. Indianapolis investment opportunity on a prime corner lot near the University of Indianapolis and just a short drive from downtown. Gutted to the studs and ready for its next chapter, this property comes with permit-ready plans for a 4-bedroom, 2.5-bath home featuring 9'+ ceilings, an open living room flowing into a huge kitchen and dining combo, and a private main-level primary suite with walk-in closet and en-suite bath. A half bath and laundry room round out the main level. Upstairs, three additional bedrooms - two with charming window seats and one boasting a huge walk-in closet - share a full bath, complemented by a linen closet and a skylight-lit stairwell that fills the upper level with natural light, plus a laundry chute for everyday convenience. The unfinished basement offers excellent storage or workshop space. Curb appeal is already in place with newer LP SmartSide siding, a newer roof, a striking red front door with sidelights, a covered front porch, and beautiful mature landscaping. Outside, enjoy a large detached 2-car garage, an expansive deck, and a fully fenced, privacy-fenced backyard. Situated on a .26-acre corner lot with 82' of frontage and 136' of depth, this property may also offer potential to split off a second buildable lot (subject to zoning approval) - a compelling upside for builders and investors seeking new construction or fix-and-flip potential in a high-demand area near the university. Bring your vision and your contractor; the heavy lifting of demo and design is already done.
Last check for updates: about 2 hours ago
Listing Provided by: Gretchen Szostak
DNA Properties, LLC
Damian Szostak, (317) 413-7825
DNA Properties, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22113220
Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 1420 E Edwards Ave
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MLS Status: Active |
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Interior Details Basement: Daylight,Full,UnfinishedNumber of Rooms: 7Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 3396 Square Feet |
Appliances & Utilities Appliances: NoneLaundry: Main Level |
Heating & Cooling Heating: NoneHas CoolingAir Conditioning: Central AirNo Heating |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Living Room, MasonryHas a Fireplace |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Patio / Porch: Covered, DeckFencing: Fenced, Full, Privacy, GateOther Structures: Barn MiniExterior: Fire Pit, Smart Lock(s)Foundation: Block, Brick/Mortar, Full |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached,Gravel |
Farm & Range Horse Amenities: None |
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Cumulative Days on Market: 32Days on Market: 69 |
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Year Built Year Built: 1905 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Wood SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: Under ConstructionParcel Number: 491031101001336501 |
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Price List Price: $189,900Price Per Sqft: $56 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Elders University Heights |
School Information High School District: Perry Township Schools |
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Listing Agent Listing ID: 22113220 |
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Building Area Building Area: 3396 Square Feet |
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No HOA |
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Lot Area: 0.26 acres |
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Special Conditions: As Is, Broker Owned, Sales Disclosure On File |
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BasementMls Number: 22113220Attribution Contact: gretchen@DNApropertiesIndy.com |
Around this home
- Christian Park School 82
- PK-5
- Public
- 251 Students
3/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Daniel Webster School 46
- PK-5
- Public
- 416 Students
4/10GreatSchools RatingParent Rating Averagei hate it here it is the worts dint sebd yiyr juds gereParent Review3y ago - Eleanor Skillen Elementary School 34
- PK-5
- Public
- 328 Students
3/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - George W. Julian School 57
- PK-5
- Public
- 165 Students
4/10GreatSchools RatingParent Rating AverageMy son attends and we have loved it!Parent Review6y ago - James A. Garfield School 31
- PK-5
- Public
- 173 Students
5/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Ralph Waldo Emerson School 58
- PK-5
- Public
- 241 Students
5/10GreatSchools RatingParent Rating Averageits very good i am not a bot just a person that is 1001010101001101010101010011100010100010101010111010101Parent Review4y ago - William Bell School 60 - A Butler Lab Reggio Emilia School
- PK-5
- Public
- 381 Students
4/10GreatSchools RatingParent Rating AverageAs a current 8th Grade student in this school, I love it. The style of schooling might not be for everyone but I really enjoy it. I've been here since kindergarten and loved everything from elementary to middle school. I'm mostly leaving this review as I've noticed some very negative reviews from years back when middle school was just developing. Now though the middle school is great with tons of amazing teachers. This school isn't for everybody but I would definitely recommend at least checking it out.Student Review3y ago - William McKinley School 39
- PK-5
- Public
- 386 Students
6/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Frederick Douglass School 19
- PK-5
- Public
- 259 Students
2/10GreatSchools RatingParent Rating AverageNo reviews available for this school.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about University Heights
At least 46 Trulia users voted on each feature.
85 % Say car is needed
77 % Say yards are well-kept
75 % Say parking is easy
71 % Say it's dog friendly
65 % Say there's holiday spirit
61 % Say kids play outside
54 % Say it's walkable to restaurants
52 % Say it's quiet
49 % Say there are sidewalks
45 % Say it's walkable to grocery stores
43 % Say neighbors are friendly
41 % Say people would walk alone at night
40 % Say there's wildlife
35 % Say they plan to stay for at least 5 years
25 % Say streets are well-lit
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Indianapolis
Last updated August 2026
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM
Home Value
Trulia Estimate
$181KSince last month
Decreased$14K (-7.3%)Since last year
Increased$19K (+12.1%)Since last sale
Increased$117K (+188.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +61% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $178K |
| August 2026 | $181K |
| July 2026 | $193K |
| June 2026 | $159K |
| May 2026 | $152K |
| April 2026 | $160K |
| March 2026 | $158K |
| February 2026 | $147K |
| January 2026 | $145K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $265,000 | 11/07/25 | 4 | 2 | 2,520 | |
0.10 | Single-Family Home | $249,900 | 09/01/26 | 3 | 2 | 2,484 | |
0.08 | Single-Family Home | $230,000 | 05/29/26 | 4 | 1.5 | 2,192 | |
0.22 | Single-Family Home | $225,000 | 02/05/26 | 4 | 2 | 2,100 | |
0.05 | Single-Family Home | $195,000 | 05/15/26 | 3 | 3 | 2,072 | |
0.12 | Single-Family Home | $282,550 | 08/11/26 | 4 | 2 | 2,678 | |
0.43 | Single-Family Home | $228,800 | 06/12/26 | 4 | 3 | 3,282 | |
0.39 | Single-Family Home | $267,000 | 08/28/26 | 5 | 2 | 3,516 | |
0.33 | Single-Family Home | $248,500 | 07/10/26 | 4 | 2 | 2,068 | |
0.23 | Single-Family Home | $247,500 | 11/14/25 | 3 | 1.5 | 2,992 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $288,100 | 4 | 3 | 4,718 | Off Market | |
0.03 | $180,400 | 3 | 1 | 1,764 | Off Market | |
0.05 | $195,000 | 3 | 3 | 2,072 | Recently Sold | |
0.06 | $271,100 | 4 | 2 | 2,353 | Off Market | |
0.06 | $215,500 | 2 | 1.5 | 1,728 | Off Market | |
0.09 | $265,700 | 4 | 2 | 2,520 | Off Market | |
0.08 | $230,000 | 4 | 1.5 | 2,192 | Recently Sold | |
0.07 | $176,400 | 2 | 1 | 724 | Off Market | |
0.08 | $254,300 | 3 | 2 | 2,794 | Off Market | |
0.10 | - | - | - | - | Off Market | |
0.10 | $249,900 | 3 | 2 | 2,484 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 12, 2026 Source: MIBOR as distributed by MLS GRID #22113220 | PendingToActive | $189,900 |
Aug 10, 2026 Source: MIBOR as distributed by MLS GRID #22113220 | Pending | $189,900 |
Jul 30, 2026 Source: MIBOR as distributed by MLS GRID #22113220 | PriceChange | $189,900 Price decreased by 5% |
Jul 10, 2026 Source: MIBOR as distributed by MLS GRID #22113220 | Listed For Sale | $199,900 |
Apr 27, 2012 Source: N/A | Sold | $61,900 |
Feb 15, 2012 Source: Agent Provided | Listed For Sale | $64,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,947 | $124,300 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Gretchen Szostak, DNA Properties, LLC
Based on information submitted to the MLS GRID as of 2026-09-17 14:13:33 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 1420 E Edwards Ave
- What is the estimated monthly payment for 1420 E Edwards Ave?Based on a $189,900 list price with 20% down at today's rates, the estimated monthly payment for 1420 E Edwards Ave in Indianapolis, IN is approximately $1,260 (about $1,033 principal & interest, $152 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1420 E Edwards Ave compare to homes in Indianapolis?1420 E Edwards Ave in Indianapolis, IN is listed at $189,900, about 26% below the $257K median sale price in Indianapolis.
- What do residents say about the University Heights neighborhood?Residents describe the University Heights neighborhood in Indianapolis, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in University Heights, Indianapolis.
- What are the closest schools to 1420 E Edwards Ave?The closest schools to 1420 E Edwards Ave in Indianapolis, IN are Arsenal Technical High School (rated 2/10), Christian Park School 82 (Pre-K/Elementary, rated 3/10), Crispus Attucks Medical Magnet High School (9-12) (rated 4/10).
- Does 1420 E Edwards Ave have air conditioning?Yes, 1420 E Edwards Ave in Indianapolis, IN has air conditioning.
- Does 1420 E Edwards Ave have laundry facilities?Yes, 1420 E Edwards Ave in Indianapolis, IN has laundry facilities.
1420 E Edwards Ave, Indianapolis, IN 46227 is a 4 bedroom, 3 bathroom, 3,396 sqft single-family home built in 1905. 1420 E Edwards Ave is located in University Heights, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jul 10, 2026. The MLS # for this home is MLS# 22113220.