1531 E Perry St, Indianapolis, IN 46227
Property image
Property image
OFF MARKET

$172,900

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 960 sqft

1531 E Perry St, Indianapolis, IN 46227

University Heights
Est. Refi. Payment $1,144/mo*
Refinance Your Home
Currently Off Market - Sold Aug 23, 2024 for $168,000

Home Value

Trulia Estimate
$173K
Since last month
Decreased$300 (-0.2%)
Since last year
Increased$3K (+1.6%)
Since last sale
Increased$5K (+2.9%)
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 +219% in the last 10 years
MonthEstimated value
2026
September 2026$173K
August 2026$173K
July 2026$175K
June 2026$175K
May 2026$175K
April 2026$173K
March 2026$173K
February 2026$175K
January 2026$172K
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
1534 Bacon St, Indianapolis, IN
0.08
Single-Family Home
$140,700
12/01/25
3
1
912
1228 Knox St, Indianapolis, IN
0.18
Single-Family Home
$139,900
06/29/26
2
1
780
1152 Knox St, Indianapolis, IN
0.28
Single-Family Home
$197,000
04/27/26
2
1
1,200
3033 Asbury St, Indianapolis, IN
0.26
Single-Family Home
$139,900
06/10/26
3
1
912
1820 Martin St, Indianapolis, IN
0.26
Single-Family Home
$153,000
10/24/25
3
1
975
3134 Asbury St, Indianapolis, IN
0.20
Single-Family Home
$125,000
02/27/26
3
1
1,008
1529 Martin St, Indianapolis, IN
0.05
Single-Family Home
$180,000
02/13/26
4
1
1,465
1425 Edgecombe Ave, Indianapolis, IN
0.40
Single-Family Home
$162,500
08/24/26
3
1
1,044
3057 Dawson St, Indianapolis, IN
0.37
Single-Family Home
$185,000
05/15/26
3
1
936
1802 Martin St, Indianapolis, IN
0.23
Single-Family Home
$136,000
04/21/26
3
1
1,407

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
1523 E Perry St, Indianapolis, IN 46227
0.01
$152,800
2
1
1,221
Off Market
1529 Martin St, Indianapolis, IN 46227
0.05
$180,000
4
1
1,465
Recently Sold
1529 E Martin St, Indianapolis, IN 46227
0.05
$136,000
3
1
1,465
Off Market
3153 Carson Ave, Indianapolis, IN 46227
0.04
$188,000
3
2
973
Off Market
1411 E Perry St, Indianapolis, IN 46227
0.03
$191,300
3
2
1,200
Off Market
3149 Carson Ave, Indianapolis, IN 46227
0.04
$157,000
3
2
1,586
For Sale
3143 Carson Ave, Indianapolis, IN 46227
0.05
$270,000
4
2
3,166
Recently Sold
1514 E Perry St, Indianapolis, IN 46227
0.05
$92,600
2
1
576
Off Market
1525 Bacon St, Indianapolis, IN 46227
0.06
$101,500
4
2
1,596
Recently Sold
1415 Bacon St, Indianapolis, IN 46227
0.07
$203,000
3
2
2,386
Off Market
1265 Martin St, Indianapolis, IN 46227
0.10
$64,900
2
1
2,318
Recently Sold

Local Information

  • Map ViewExplore the area around 1531 E Perry St.
  • Schools9 Preschool Schools12 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1950
960 sqft
$180/sqft
Garage

About this House

What's unique:Fresh modern paintDetached one-car garageCozy bedroomsStylishly updated bathroomAll-new cabinetsCustom tiled tub surround
Enchanting bungalow nestled in the serene south side of Indianapolis, just a short 5-minute drive from I-65, 10 minutes from the vibrant Fountain Square, and a mere 15-minute commute to downtown Indianapolis! This charming home boasts two cozy bedrooms, a stylishly updated bathroom, a detached one-car garage, and a convenient storage shed. It was recently renovated with new LVP flooring, plush carpeting in the bedrooms, and fresh, modern paint that breathes new life into every room. The kitchen has undergone a stunning transformation with all-new cabinets, countertops, and hardware, creating a delightful space for culinary endeavors. The bathroom is a true retreat with a custom tiled tub surround, a fresh toilet, a chic mirror, and a stylish vanity. Every detail has been meticulously attended to, from the all-new six-panel doors to the energy-efficient windows, a state-of-the-art AC unit, and a reliable water heater.
1531 E Perry St, Indianapolis, IN 46227 is a 2 bedroom, 1 bathroom, 960 sqft single-family home in University Heights, built in 1950. It last sold for $168,000 on Aug 23, 2024 (5% above the $159,999 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $172,900, with a rent estimate of $1,148/month.
Last check for updates: about 16 hours ago
Listed by Miguel Rodriguez
Keller Williams Indy Metro S
Ashley Rodriguez
Bought with: Sandra Moreno Corona, F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID, MLS#21990572

Home Details for 1531 E Perry St

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Master Bedroom, Bedroom 2, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 960 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: CoveredFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 3

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Aluminum Siding, Vinyl SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 491030116001151501

Price & Status

Price
List Price: $159,999
Status Change & Dates
Off Market Date: Wed Jul 17 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Sold

Location

Direction & Address
City: IndianapolisCommunity: No Subdivision
School Information
High School District: Indianapolis Public Schools

Building

Building Area
Building Area: 960 Square Feet

Community

Community Features: Low Maintenance Lifestyle

HOA

No HOA

Lot Information

Lot Area: 5227.2 sqft

Miscellaneous

Mls Number: 21990572

Additional Information

Low Maintenance Lifestyle

Price and Tax history

DateEventPrice
Aug 23, 2024
Source: MIBOR as distributed by MLS GRID #21990572
Sold
$168,000
Jul 18, 2024
Source: MIBOR as distributed by MLS GRID #21990572
Pending
$159,999
Jul 15, 2024
Source: MIBOR as distributed by MLS GRID #21990572
Listed For Sale
$159,999
Dec 18, 2023
Source: MIBOR as distributed by MLS GRID #21956100
Sold
$79,900
Dec 11, 2023
Source: MIBOR as distributed by MLS GRID #21956100
Pending
$79,900

Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
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

Around this home

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

  • 19 % 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

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-23 10:58:12 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

Frequently asked questions about 1531 E Perry St

  • What is 1531 E Perry St estimated to be worth?
    Trulia's estimated value for 1531 E Perry St in Indianapolis, IN is $172,900.
  • What is the price history for 1531 E Perry St?
    1531 E Perry St in Indianapolis, IN last sold for $168,000 in August 2024.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $257K. That is up $6.7K from the prior month.
  • Does 1531 E Perry St have air conditioning?
    Yes, 1531 E Perry St in Indianapolis, IN has air conditioning.
  • How big is the lot at 1531 E Perry St?
    The lot at 1531 E Perry St in Indianapolis, IN is about 0.12 acres (5,227 sq ft).

Explore by feature - Pet Friendly

1581 pet-friendly rentals in Indianapolis, IN

Explore by feature - Garage

753 rentals with a garage in Indianapolis, IN

Explore by feature - Air Conditioning

1393 rentals with air conditioning in Indianapolis, IN

Explore by feature - Pool

386 rentals with a pool in Indianapolis, IN

Explore by feature - Washer/dryer

1252 rentals with a washer/dryer in Indianapolis, IN

Explore by feature - Outdoor Space

405 rentals with an outdoor space in Indianapolis, IN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 1531 E Perry St

Skip to last item
Skip to first item

Homes for sale near 1531 E Perry St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item