Off Market2247d on market
1506 E Edwards Ave
Indianapolis, IN, 46227 • University Heights • Marion County
$283,600
$66/sqft
6Beds
3Baths
4,305Sqft
Property DNA
Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
5 views
People checking out this listing
2247 days on market
Established listing
$66/sqft
Price per square foot
About this home
Single Family
Spacious 6 bedroom home with 3 full baths walkable distance of University of Indianapolis! Covered front porch leads to main floor with great room, dining room, kitchen, bedroom, living room, laundry room and a full bathroom. Upstairs has 5 additional bedrooms with 2 full bathrooms, second laundry room. Entire home has been updated with luxury vinyl plank flooring. Unfinished basement and street parking available. Washer and dryer appliances not included. Section8 voucher accepted and also student rental. Tenants are responsible for all utilities and renters' insurance. Apply on Zillow for a credit and background check. We require the following: 1. A credit score of 550 or higher 2. Monthly household income at least 3 times the rent 3. Applicants must have no history of evictions, bankruptcies, criminal or housing court records. 4. A rent ledger showing rent payments for the past 6 12 months 5. Recent pay stubs 6. Bank statements for the past 2 months showing deposits Please bring either printed copies or digital versions when you come for the tour.
Standout features identified
Our analysis highlights covered front porch, dining room, and great room as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,776/month
Principal & Interest$1,398
Property Tax$284
Insurance$95
Down payment20% ($56,720)
3%50%
Est. 6.26% rate · 30yr fixed · $226,880 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
HeatingForced Air
CoolingCentral Air
ParkingDetached
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Systems
HeatingForced Air
CoolingCentral Air
Parking & Outdoor
ParkingDetached
Location & Tax
NeighborhoodUniversity Heights
Annual tax$5,266
Parcel491031101001184501
Bathrooms & Fees
Full baths3
Features & details
8 categories of property features
Interior Features
Interior
WD Hookup
Appliances
WD Hookup
Flooring
Hardwood
Heating
Forced Air
Cooling
Central Air
Laundry
Hookups
Exterior Features
Exterior
Heating system: Forced Air
No Utilities included in rent
Parking
Detached
Listing insights
Market data and value estimates
StatusOff Market
Days on market2247
Est. value$283,600
Est. rent$2,268/mo
Tax rate0.96%
Price/sqft$66
On marketMay 19, 2025
PostedMay 20, 2025
Last sold$176,000
MLS updatedSep 10, 2025
Tour days6
Views5
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46227
Price history
13 events
DateEventPrice$/sqftSource
Sep 11, 2025Listing Removed$2,250$1Zillow Rentals
Aug 9, 2025Price Change$2,250$1Zillow Rentals
May 20, 2025Listed For Rent$2,445$1Zillow Rentals
Mar 4, 2022Listing Removed——Zillow Rental Manager
Feb 10, 2022Price Change$450—Zillow Rental Manager
Jan 31, 2022Listed For Rent$1,900—Zillow Rental Manager
Mar 24, 2021Listing Removed——Owner
Feb 28, 2020Listing Removed$385—Owner
Feb 26, 2020Listed For Rent$385—Owner
Feb 12, 2020Sold$176,000$41Public Record
Jul 18, 2012Sold$125,000$29MIBOR as distributed by MLS GRID
Mar 30, 2012Listed For Sale$129,900$30Flat Fee Realty, llc
Sep 28, 2009Sold$80,000$19MIBOR as distributed by MLS GRID
Listing Removed$2,250
Sep 11, 2025•$1/sqft•Zillow Rentals
Price Change$2,250
Aug 9, 2025•$1/sqft•Zillow Rentals
Listed For Rent$2,445
May 20, 2025•$1/sqft•Zillow Rentals
Listing Removed—
Mar 4, 2022•Zillow Rental Manager
Price Change$450
Feb 10, 20220•Zillow Rental Manager
Listed For Rent$1,900
Jan 31, 20220•Zillow Rental Manager
Listing Removed—
Mar 24, 2021•Owner
Listing Removed$385
Feb 28, 20200•Owner
Listed For Rent$385
Feb 26, 20200•Owner
Sold$176,000
Feb 12, 2020•$41/sqft•Public Record
Sold$125,000
Jul 18, 2012•$29/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$129,900
Mar 30, 2012•$30/sqft•Flat Fee Realty, llc
Sold$80,000
Sep 28, 2009•$19/sqft•MIBOR as distributed by MLS GRID
Tax history
14 years of records
YearTax paidAssessed value
Apr 9, 2024$5,266$251,700
Apr 9, 2023$4,671$222,000
Apr 9, 2022$3,977$198,300
Apr 9, 2021$3,860$172,800
Apr 9, 2020$3,726$167,100
Apr 9, 2019$3,243$158,300
Apr 9, 2018$2,882$136,600
Apr 9, 2017$2,661$134,400
Apr 9, 2016$2,463$122,500
Apr 9, 2014$2,332$108,100
Apr 9, 2013$2,445$107,000
Apr 9, 2012$2,445$109,300
Apr 9, 2011—$165,900
Apr 9, 2009$1,449$138,100
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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