516 E Markwood Ave Indianapolis IN 46227 MLS 21638854

PENDING as of 5/14/2019 - $155,000
$155,000 Back To Listings
Photo one of 516 E Markwood Ave Indianapolis IN 46227 | MLS 21638854
516 E Markwood Ave
Indianapolis, IN 46227 MLS# 21638854
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Home Description: 516 E Markwood Ave

You're gonna LOVE this home inside & out! Probably the BEST location on the Planet with easy access to Downtown Indy! This Cape Code charmer is just waiting for you. Updates: new Garage door & Roof in 2016, new sidewalk 2018, lower level Windows 2019 & upper Windows in 2015. Hardwood floors throughout are great for those with allergies & pets. Lots of space in the Basement for perfect storage. Main level Laundry or use the hook ups in the Basement for another w/d set. The Backyard with privacy fence is an added bonus for outdoor entertainment around a fire pit.

  • Street Address: 516 E Markwood Ave
  • City: Indianapolis
  • Zip: 46227
  • County: Marion
  • Township: Perry
  • Property Type: Single Family Residence
  • Style: CapeCod
  • Basement: Unfinished, Daylite Windows
  • Garage Description: 2 / Detached
  • Acres: 1/4-1/2 Acre
  • Lot Description: Tree Mature
  • Lot Size: 17468
  • Siding: Aluminum
  • Porch: Multiple Decks, Covered Porch

Approximate Room Sizes / Descriptions

Laundry Room08x11MainLaminate
Breakfast Room10x12MainVinyl
Family Room19x11MainHardwood
Rec/Play Room18x23BasementOther
Rec/Play Room13x22BasementOther
Breakfast Room11x07MainVinyl
Bedroom 2nd09x16UpperHardwood
Bedroom 3rd10x12MainHardwood
  • Areas: Foyer Small, Laundry in Basement, Laundry Room Main Level
  • Interior Description: Hardwood Floors, Windows Vinyl, Wood Work Painted
  • Full Baths: 2
  • Half Baths: 0
  • Num Fireplaces: 1
  • Fireplace Description: Wood Burning Fireplace
  • Appliances: Dishwasher, Dryer, Kit Exhaust, Microwave, Oven/Range-Electric, Refrigerator
  • Eating Area: Breakfast Room
  • Equipment: Smoke Alarm, Sump Pump
  • Heating: ForcedAir
  • Cooling: Central Electric


The average asking price of a 3 bedroom Indianapolis home in this zip code is $164,680 (6.2% more than this home).

This home is priced at $53/sqft, which is 75.1% less than similar homes in the 46227 zip code.

Potential Great Value

Map | Street | Birds Eye

516 E Markwood Ave Indianapolis IN 46227

Print Map | Driving Directions

Driving Directions:

From US 31 (East St) & I-465 interchange, go north on East Street a few blocks to Markwood, East to home.

Similar to: 516 E Markwood Ave

For Sale Near: 516 E Markwood Ave

School Information

  • School District:Perry Township


  • Approx Payment:$733*
  • Semi Annual Taxes:$798

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (219) 929-6162 and speak with one of our real estate consultants.

Listing Courtesy of Hoosier Business & Family Real.