1523 E Mills Avenue, Indianapolis, IN 46227
Local realty services provided by:Schuler Bauer Real Estate ERA Powered



Listed by:evan cast
Office:mark dietel realty, llc.
MLS#:22039311
Source:IN_MIBOR
Price summary
- Price:$244,000
- Price per sq. ft.:$81.88
About this home
Incredible Investment or Multi-Generational Living Opportunity within Walking Distance of UIndy! Just half a mile from campus, this spacious 6-bedroom home offers charm, flexibility, and a prime location-ideal for multi-generational living or as a high-demand college rental. With nearly 2,700 sq ft of living space, it's perfect for investors or families needing ample room. The main floor includes two bedrooms and a full bath, while the upper level offers two more bedrooms. The finished, full-sized basement-matching the footprint of the main floor-includes two additional bedrooms, a full bathroom, and a second living area. This setup is ideal for added privacy, rental income, or guests. A two-car detached garage has been partially finished, providing potential for conversion into an Accessory Dwelling Unit (ADU) for added income or multi-generational use. Situated on a 0.25-acre lot, the property also offers expansion opportunities, with the potential to split the parcel for future development. Accessibility is a plus, with a newly built handicap-accessible ramp for easy main-level entry. Original hardwood floors throughout the main and upper levels add timeless appeal, while a glass-enclosed front porch offers a year-round retreat. Whether you're seeking a smart investment, flexible living options, or a spacious layout for multiple generations, this home delivers. Its location, versatility, and long-term potential make it truly unique. Don't miss out-schedule your showing today!
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Home facts
- Year built:1928
- Listing Id #:22039311
- Added:75 day(s) ago
- Updated:July 07, 2025 at 11:41 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,682 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Forced Air
Structure and exterior
- Year built:1928
- Building area:2,682 sq. ft.
- Lot area:0.25 Acres
Utilities
- Water:Public Water
Finances and disclosures
- Price:$244,000
- Price per sq. ft.:$81.88
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