Pending
Sale Pending at 501 E Markwood Ave, Indianapolis, IN 46227 | MLS# 22107644 | Listing updated on 2026-09-15
Photo 1 of Sale Pending at 501 E Markwood Ave, Indianapolis, IN 46227 | MLS# 22107644 | Listing updated on 2026-09-15
Photo 2 of Sale Pending at 501 E Markwood Ave, Indianapolis, IN 46227 | MLS# 22107644 | Listing updated on 2026-09-15
Photo 3 of Sale Pending at 501 E Markwood Ave, Indianapolis, IN 46227 | MLS# 22107644 | Listing updated on 2026-09-15
Photo 4 of Sale Pending at 501 E Markwood Ave, Indianapolis, IN 46227 | MLS# 22107644 | Listing updated on 2026-09-15
9+
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Street View

$449,000

Monthly Est:$2,235

  • Beds Icon2 Beds
  • Beds Icon
    4 Baths
  • Beds Icon3,949sqft

501 E Markwood Ave, Indianapolis, IN 46227

$2,235/moEst:

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  • Single Family Residence

  • Built in 1936

  • $-- HOA

  • 11,100 sqft lot

  • $114/sq.ft

Description

Property Highlights: Asking Price: $449,000 Location: 501 E. Markwood Ave, Indianapolis, IN Commercial Zoning with redevelopment and mixed-use potential Income-producing apartment building 12 asphalt parking spaces providing ample on-site parking for tenants and visitors Convenient access to major highways, downtown Indianapolis, shopping, restaurants, and public transportation Strong opportunity for investors seeking stable cash flow and long-term appreciation This property is ideal for investors looking to add a versatile, income-generating asset to their portfolio while benefiting from the flexibility of commercial zoning and generous on-site parking. Don't m...

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  • Houzeo last checked: 4 minutes ago
  • Listing updated: September 15, 2026 at 7:36 pm
  • Listing Provided by: Virender Kumar | United Real Estate Indpls (317) 216-8800
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22107644 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN

Property Details

  • Status

    Pending

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    --

  • Year Built

    1936

  • HOA Fees

    -

  • Finished Area

    3,949 sqft

  • Lot Size

    11,100 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22107644

  • MLS Status

    Pending

  • Days on Market

    93

  • Cumulative Days on Market

    81

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 4

  • Kitchen

    Level: Main

    Area: 140.00 Square Feet

    Dimensions: 14 X 10

  • Master Bedroom

    Level: Main

    Area: 168.00 Square Feet

    Dimensions: 14 X 12

  • Bedroom 2

    Level: Upper

    Area: 286.00 Square Feet

    Dimensions: 22 X 13

  • Living Room

    Level: Main

    Area: -- Square Feet

    Dimensions: 12*20

Interior

  • Heating

    Forced Air

  • Cooling

    Central Air

  • Appliances

    Dishwasher, Refrigerator

  • Flooring

    Hardwood

Construction

  • Year Built

    Year Built: 1936

  • Home type

    Single Family Residence

  • Foundation Details

    Block, Crawl Space

  • Architectural Style

    Traditional

  • Construction Materials

    Cedar

Utilities & Energy

  • Fireplace Features

    Living Room, Wood Burning

  • Water Source

    Public

Other Features

  • Subdivision Name

    Homedell

Price History

DateEventPrice

09/15/2026

Source: #MBR22107644

Pending

$449,000

$114/sqft

06/23/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22107644

Listed for Sale

$449,000 +231.86%

$114/sqft

06/20/2019

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR21639508

Sold

$135,300

$34/sqft

Based on information from MIBOR REALTOR® Association through Sep 23, 2026, 08:16PM. 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.

Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty

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