For Sale77d on market
506 Lawrence Ave
Indianapolis, IN, 46227 • North Perry • Marion County
$257,900
$127/sqft
Down payment assistance available
3Beds
2Baths
2,028Sqft
0.26 acLot
1954Built
Property DNA
Ranch Style
Built 1954 · 72 years of history
Homedell
North Perry
Outdoor Living
Covered
2 Fireplaces
Wood Burning
Barn Mini
Barn Mini
2-Car Garage
Attached
This home is getting attention
Listed 77 days ago · 1,112 views · 36 saves
Market activity
Demand and pricing signals for this listing
1,112 views
People checking out this listing
36 saves
Buyers have saved this home
77 days on market
Established listing
$127/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 46% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1954
Terrific all limestone ranch with three bedrooms, one and a half bath, full basement, attached two car garage, big side yard with access door from house, covered front porch....and for under $260,000!!! Amazing value and quality. Undated electrical panel, good storage, sump pump in basement, almost new hvac (either 2023/2024), wood burning fireplaces in living room on main and in basement recreation room! Lots to appreciate for either a starter home or an investment property. Easy to show!
Standout features identified
Our analysis highlights full basement, sump pump in basement, and covered front porch as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,615/month
Principal & Interest$1,271
Property Tax$258
Insurance$86
Down payment20% ($51,580)
3%50%
Est. 6.26% rate · 30yr fixed · $206,320 loan
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At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1954
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking2 Attached Garage spaces
Lot0.26 Acres
Days on Zillow77 Days
Price/sqft$127
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1954
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionStone
Water / SewerPublic
Parking & Outdoor
ParkingAttached
Garage2 spaces
BasementFinished Walls
Fireplaces2
FencingFenced,Full,Privacy
Lot0.26 Acres
Location & Tax
NeighborhoodNorth Perry
Annual tax$4,874
Parcel491136120007000574
Bathrooms & Fees
Full baths1
Features & details
14 categories of property features
Interior Features
Interior
Attic Access
Entrance Foyer
Appliances
Dishwasher
Disposal
Gas Water Heater
Electric Oven
Refrigerator
Heating
Forced Air
Natural Gas
Cooling
Central Air
Laundry
Connections All
In Basement
Fireplace
Wood Burning
Windows
Wood Work Painted
Exterior Features
Parking
Attached
Construction
Stone
Patio & Porch
Covered
Lot Features
Corner Lot
Security
Smoke Detector(s)
Utilities
Electricity Connected
Sewer Connected
Water Connected
Other Structures
Barn Mini
Room details
7 rooms detailed
Master Bedroom
Main14×11 ft154 sqft
Bedroom2
Main13×10 ft130 sqft
Bedroom3
Main10×10 ft100 sqft
Dining Room
Main9×9 ft81 sqft
Kitchen
Main13×8 ft104 sqft
Living Room
Main16×20 ft320 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market77
Tax rate0.96%
Price/sqft$127
On marketJan 20, 2026
PostedJan 20, 2026
Last sold$49,000
MLS statusActive
MLS updatedFeb 18, 2026
Tour days9
Views1,112
Favorites36
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46227
Price history
5 events
DateEventPrice$/sqftSource
Jan 20, 2026Listed For Sale$257,900$127MIBOR as distributed by MLS GRID
Jan 20, 2026Listing Removed$259,900$128MIBOR as distributed by MLS GRID
Oct 17, 2025Listed For Sale$259,900$128MIBOR as distributed by MLS GRID
Dec 28, 2009Sold$49,000$24MIBOR as distributed by MLS GRID
Jun 27, 2005Sold$120,000$59MIBOR as distributed by MLS GRID
Listed For Sale$257,900
Jan 20, 2026•$127/sqft•MIBOR as distributed by MLS GRID
Listing Removed$259,900
Jan 20, 2026•$128/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$259,900
Oct 17, 2025•$128/sqft•MIBOR as distributed by MLS GRID
Sold$49,000
Dec 28, 2009•$24/sqft•MIBOR as distributed by MLS GRID
Sold$120,000
Jun 27, 2005•$59/sqft•MIBOR as distributed by MLS GRID
Tax history
15 years of records
YearTax paidAssessed value
Apr 8, 2024$4,671$191,500
Apr 8, 2023$4,215$183,700
Apr 8, 2022$3,532$164,800
Apr 8, 2021$3,535$136,100
Apr 8, 2020$1,556$135,400
Apr 8, 2019$1,374$59,200
Apr 8, 2018$1,142$52,800
Apr 8, 2017$1,412$42,600
Apr 8, 2016$1,574$51,200
Apr 8, 2014$1,541$63,500
Apr 8, 2013$1,501$63,500
Apr 8, 2012$1,501$61,400
Apr 8, 2011—$72,000
Apr 8, 2010$2,446$122,200
Apr 8, 2009$2,445$122,200
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 12:43:05 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](/mls-disclaimers/#48)
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