1427 E Edwards Ave, Indianapolis, IN 46227
Property image
Property image
OFF MARKET

1427 E Edwards Ave
Indianapolis, IN 46227

University Heights
  • 5 Beds
  • 1 Bath
  • 2,072 sqft

$216,000

Trulia Estimate
as of Jul 20, 2026
Est. Refi. Payment $1,347/mo*
Refinance Your Home

$216,000

Trulia Estimate
as of Jul 20, 2026
Est. Refi. Payment $1,347/mo*
Refinance Your Home
5 Beds
1 Bath
2,072 sqft

Local Information

  • Map ViewExplore the area around 1427 E Edwards Ave.
  • Schools3 Preschool Schools4 Elementary Schools2 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Four units: each with a living area/bedroom combined; a full kitchen and full bath.
1427 E Edwards Ave, Indianapolis, IN 46227 is a 5 bedroom, 1 bathroom, 2,072 sqft multi-family in University Heights, built in 1901. It last sold for $200,000 on May 5, 2023. It is currently off market. The Trulia Estimate is $216,000, with a rent estimate of $1,303/month.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 1427 E Edwards Ave

Interior Features

Interior Details
BasementNumber of Rooms: 8
Heating & Cooling
Heating: Forced Air, Other, GasCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Laminate, Linoleum Vinyl
Appliances & Utilities
Refrigerator
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: Asphalt, Shake ShingleExterior: OtherFoundation Type: Crawl RaisedLawnPorch
Parking & Garage
Parking Spaces: 7Parking: Off Street

Property Information

Year Built
Year Built: 1901Year Updated: 1901
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 4

Lot Information

Lot Area: 5445 sqft

Price History for 1427 E Edwards Ave

DatePriceEventSource
05/05/2023$200,000Sold
N/A
09/13/2022$230,000Sold
MIBOR as distributed by MLS GRID #21874628
08/08/2022$230,000PendingMIBOR as distributed by MLS GRID #21874628
08/07/2022$230,000Listed For SaleMIBOR as distributed by MLS GRID #21874628

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment

Year2025
Tax$4,402
Assessment$185,700
Home facts updated by county records

Comparable Sales for 1427 E Edwards Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1105 E Mills Ave, Indianapolis, IN
0.29
Multi-Family Home
$220,000
09/26/25
4
2
-
4277 Asbury St, Indianapolis, IN
0.33
Multi-Family Home
$295,000
07/02/26
5
3
-
1637 Lawrence Ave, Indianapolis, IN
0.26
Multi-Family Home
$315,000
07/10/26
4
4
-
3302 Alice Ave, Indianapolis, IN
1.20
Multi-Family Home
$205,000
04/22/26
4
2
-
3903 Bartlett Ave, Indianapolis, IN
0.99
Multi-Family Home
$250,000
04/03/26
4
2
-
3412-3414 S Oxford St, Indianapolis, IN
1.27
Multi-Family Home
$150,900
08/28/25
2
1
-
1504 E Southern Ave, Indianapolis, IN
1.74
Multi-Family Home
$167,500
06/09/26
5
2
-
1509 E Gimber St, Indianapolis, IN
1.52
Multi-Family Home
$162,000
05/14/26
2
1
-
1416 Comer Ave, Indianapolis, IN
1.80
Multi-Family Home
$210,000
02/12/26
4
2
-
2633 S Randolph St, Indianapolis, IN
1.71
Multi-Family Home
$210,000
09/08/25
5
3
-

Nearby homes

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Assigned Schools

These are the assigned schools for 1427 E Edwards Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

University Heights
See Local Highlights
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

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lauren Geist
    "Plenty of sidewalks and many other dog walkers & owners on every block. Friendly neighbors that care for their animals"
    0
    Flag
  • Lauren Geist
    "Many dog owners in this neighborhood. Friendly owners that take care of their furry family members!!!! "
    0
    Flag
  • Nicole Cooper-Dakus
    "We do not have community events. Other families have events that make them park in front of our driveway and make it impossible for us to get in or out. "
    0
    Flag
  • Trulia User
    "When taking our your dog there be dropping everywhere because people are too lazy to just pick their dogs dropppings."
    0
    Flag
  • Trulia User
    "great neighbors! I've lived here all my life, and it's a peaceful neighborhood. very pet friendly. don't usually get no trouble from anyone .."
    1
    Flag
  • Trulia User
    "lived here all my life. quiet, friendly neighborhood near the university. Perry township schools are excellent, and very short distance to interstate and several bus stops. great neighbors, my large male pitbull has got out a few times and every time was back home shortly after thanks to helpful neighbors. "
    4
    Flag
  • Trulia User
    "Not many places to go with your dogs, a lot of stray cats run around the neighborhood so if your dog has little self control it can be a bit of a hassle. "
    0
    Flag
  • Amcclaren5834
    "its nice and quiet around. the area is close to every thing you might need. the police are a bit over populated and the lack of bike lanes causes issues for me"
    5
    Flag
  • Andrea
    "Perfect for those who would take the red line. Unique new restaurant within walking distance. Fun university neighborhood. Great place for walks in the afternoon. Safe and quiet- protected by uindy police. "
    8
    Flag
  • Kassidy S.
    "It’s a good place to live with kids to grow up. Good for dogs but lot of police in area. College is great view and peaceful to walk around. "
    2
    Flag
  • Silverdove1984
    "Have lived here for 2.5 years and it is a neighborhood that will hopefully get better in time. A lot of random people walking through and through traffic speeds. Needs speed bumps and patrols. "
    1
    Flag
  • Audreyrenee2012
    "There are many parks in the area. It is a very safe and friendly place to live. There are stores and schools nearby."
    0
    Flag
  • Shannon
    "its a quiet neighborhood and people are nice and the school #65 is a great school. the college kids use the neighborhood for jogging and live here also."
    1
    Flag
  • M c.
    "it's a decent neighborhood. really like it. wouldn't mind owning a home here. the commute to work is decent as well"
    0
    Flag
  • dana m.
    "Great area to live and relax. 10 minute drive to downtown and close to 465 and 65 for easy access anywhere. 3 parks are in walking distance of my home and close to Southeastway or Southwestway Indy parks for the longer hikes. Restaurants are easy to access in any direction. 20 minutes to Castleton and 20 minutes to Greenwood!"
    0
    Flag
  • executivedelavega
    "I like the area is close to the higway, restaurants, shopping centers, I love the fact that I can walk to eat breakfast at McDonalds, Dennis restaurants or grocery shoping like Walt mart. Higly recomend it, is a quiet community & I really enjoy it."
    1
    Flag

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Off Market Homes Near 1427 E Edwards Ave

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