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Street View
$449,000
Monthly Est:$2,235
2 Beds
- 4 Baths
4 full baths
3,949sqft
501 E Markwood Ave, Indianapolis, IN 46227
$449,000
$2,235/moEst:
Get Pre-Approved
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...
Continue Reading- 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

Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
-
County
City
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
| Date | Event | Price |
|---|---|---|
09/15/2026 Source: #MBR22107644 | Pending | $449,000 $114/sqft |
06/23/2026 Source: | Listed for Sale | $449,000 +231.86% $114/sqft |
06/20/2019 Source: | Sold | $135,300 $34/sqft |
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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.
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