For Sale
Single family home for sale at 1531 N Downey Ave, Indianapolis, IN 46219 | MLS# 22118137 | Listing updated on 2026-10-06
Photo 1 of Single family home for sale at 1531 N Downey Ave, Indianapolis, IN 46219 | MLS# 22118137 | Listing updated on 2026-10-06
Photo 2 of Single family home for sale at 1531 N Downey Ave, Indianapolis, IN 46219 | MLS# 22118137 | Listing updated on 2026-10-06
Photo 3 of Single family home for sale at 1531 N Downey Ave, Indianapolis, IN 46219 | MLS# 22118137 | Listing updated on 2026-10-06
Photo 4 of Single family home for sale at 1531 N Downey Ave, Indianapolis, IN 46219 | MLS# 22118137 | Listing updated on 2026-10-06
29+
Beds Icon

Street View

$195,000

Monthly Est:$971

  • Beds Icon4 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,647sqft

1531 N Downey Ave, Indianapolis, IN 46219

$971/moEst:

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  • Single Family Residence

  • Built in 1955

  • $-- HOA

  • 7,057 sqft lot

  • $118/sq.ft

Description

Welcome to 1531 N Downey Ave! This charming all-brick home offers the perfect blend of character, space, and opportunity for a first-time homebuyer looking to make a home their own. Located on Indianapolis' growing east side, you'll be just minutes from Community Hospital East, Irvington, local shopping and dining, and convenient commuter routes. Featuring 4 bedrooms and 2 bathrooms, this home provides plenty of room for a growing household, guests, or a dedicated home office. The main level offers a spacious living room with a cozy wood-burning fireplace, along with a kitchen featuring granite countertops, stainless steel appliances, a wine cooler, and an included washer and dryer. Fresh interior paint, newly cleaned carpets, and updated landscaping give the home a clean, welcoming feel and make it easy to move in and start enjoying the space. The partially finished basement adds even more flexibility, including an additional bedroom and full bathroom. Whether you envision a comfortable guest space, home office, recreation area, or future finished living space, there's plenty of room to make it your own. With its solid brick construction, generous living space, fresh updates, and large basement, 1531 N Downey Ave is a great opportunity for a first-time buyer looking for a home with character and room to grow. Come see the space, envision your future here, and make it your own!

  • Houzeo last checked: 3 minutes ago
  • Listing updated: October 6, 2026 at 10:10 pm
  • Listing Provided by: Kevin Burke , Tyler Lingle | @properties (317) 489-3441
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22118137 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    Eastside

  • Year Built

    1955

  • HOA Fees

    -

  • Finished Area

    1,647 sqft

  • Lot Size

    7,057 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22118137

  • MLS Status

    Active

  • Days on Market

    63

  • Cumulative Days on Market

    62

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 2

  • Master Bedroom

    Level: Main

    Area: 104.00 Square Feet

    Dimensions: 13x08

  • Kitchen

    Level: Main

    Area: 198.00 Square Feet

    Dimensions: 11x18

  • Bedroom 2

    Level: Main

    Area: 132.00 Square Feet

    Dimensions: 11x12

  • Bedroom 3

    Level: Main

    Area: 100.00 Square Feet

    Dimensions: 10x10

  • Family Room

    Level: Basement

    Area: 275.00 Square Feet

    Dimensions: 25x11

  • Utility Room

    Level: Basement

    Area: 270.00 Square Feet

    Dimensions: 15x18

  • Utility Room

    Level: Basement

    Area: 169.00 Square Feet

    Dimensions: 13x13

  • Bedroom 4

    Level: Basement

    Area: 180.00 Square Feet

    Dimensions: 12 x 15

Interior

  • Interior Features

    Attic Access, Built In Features, Paddle Fan

  • Heating

    Forced Air, Gas

  • Appliances

    Dishwasher, Microwave, Electric Oven, Refrigerator, Gas Water Heater

  • Cooling

    Central Air

Construction

  • Year Built

    Year Built: 1955

  • Home type

    Single Family Residence

  • Foundation Details

    Block

  • Architectural Style

    Traditional

  • Construction Materials

    Brick, Stone

Utilities & Energy

  • Basement

    Finished Walls, Partially Finished

  • Water Source

    Public

  • Fireplace Features

    Basement, Family Room, Living Room

  • Parking Features

    Detached

Other Features

  • Subdivision Name

    Justus Downey

Price History

DateEventPrice

09/30/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22118137

Price Decreased

$195,000 -4.88%

$118/sqft

08/20/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22118137

Price Decreased

$205,000 -6.82%

$124/sqft

08/06/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22118137

Listed for Sale

$220,000 +199.32%

$134/sqft

12/30/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR2546803

Price Decreased

$73,500 -70.60%

$45/sqft

06/24/2022

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR21851823

Price Increased

$250,000 +0.04%

$152/sqft

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Based on information from MIBOR REALTOR® Association through Oct 08, 2026, 08:31PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

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