1531 Downey

Indianapolis, IN

$205,000

1531 Downey, Indianapolis, IN 46219

Indianapolis, IN 46219 · Justus Downey

MLS# MBR22118137

Listed 15 days ago

4 Beds
2 Baths
1,647 Sq. Ft.

About this home

Priced to sell! Welcome to 1531 N Downey Ave, a solid all-brick home offering an exceptional opportunity to build equity in one of Indianapolis' growing east-side neighborhoods. Conveniently located just minutes from Community Hospital East, Irvington, shopping, dining, and commuter routes, this home is ideal for buyers looking for space, value, and long-term potential. This 4-bedroom, 2-bathroom home also features an additional bedroom in the basement, providing flexibility for a growing family, home office, guest suite, or rental opportunity. The main level offers a spacious living room with a wood-burning fireplace, while the kitchen is equipped with granite countertops, stainless steel appliances, a wine cooler, and an included washer and dryer. Downstairs, the partially finished basement adds substantial square footage and includes a full bathroom, offering incredible potential to expand the finished living space and further increase the home's value. Whether you're an owner-occupant looking to personalize your next home or an investor seeking a value-add opportunity, this property offers multiple paths to success. With great bones, a desirable brick exterior, and room to add your own finishing touches, 1531 N Downey Ave is your chance to walk into significant equity at an attractive price. Don't miss this opportunity to unlock this home's full potential.

Property Details

Type
Residential
Year Built
1955
Lot Size
0.16 acres
Listed
15 days ago
County
Marion
Listing Office
@properties
Listing Agent
Kevin Burke

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Principal & interest
$1,037
Loan amount
$164,000

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Listed by @properties with Kevin Burke. Contact kburke@atpropertiesind.com.

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Entera Realty

Indiana Regional MLSMIBOR Broker Listing Cooperative

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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service.

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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 23, 2026 at 5:16 AM EDT. 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.

Based on information submitted to the MLS GRID as of September 23, 2026 at 5:16 AM EDT. 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.