Primary on Main
Address
5022 University Avenue, Indianapolis, IN
Price
$ 120,000
Property Attributes
  • MLS#22126962
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaCenter
  • NeighborhoodStones University
  • Zip46201
  • StyleTraditional
  • Year Built1920
  • Taxes$ 228
  • Price$ 120,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1534
  • Lot Size0.2 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Do you want the expensive items to already be newer? To save you money? Do you want to avoid the big expenses and focus on the cosmetic work and enjoy making it your home? This could be the one. It has several bonuses & features that are uncommon for homes in this area & price point. Come and see for yourself. Roof & HVAC new in the last 3-5 years. Wiring in electrical panel is tidy. Hot Water Heater is newer. Backyard offers much and has accents of a nostalgic "Pioneer Village". A true double-lot backyard with full privacy fence. Firepit area is meticulously neat with a large pea graveled area with fountain. Covered swing. has metal roof/barn wood covering giving you shade or rain shelter. Very nice large 16x12 Workshop/Barn has electricity, multiple work benches, full size 9-foot garage door for big mowers, motorcycles or simply to catch a good breeze. Smaller outbuilding is 9x9 mini-barn also with electricity. Admire it all from your elevated full-size deck, just off the back door. Park under the newer 20X20 Carport. Inside, the dining room has a fireplace and beautiful vintage, built-in buffet-cabinets. Similar to the houses in Irvington/old Broad Ripple/Garfield Park. After dinner head to the spacious, fully enclosed front porch with wrap around windows. Catch the night breeze without getting bug-bit. The 2 downstairs bedrooms could be opened up into a large master suite, as they already share a common-wall closet. Upstairs has been long left alone with the kids being grown and long gone. But it is ready for a clean-up and a new purpose. There is light carpentry needed as the faces have loosened on some kitchen drawers and other similar needs. All appliances stay. Lots of cabinet space. Beautiful rose bushes. This 1920 home has features that are hard to duplicate. Some straightforward paint, flooring and some light carpentry will make this home yours. Seller has an insurance claim for air-conditioning condenser in process. Estate sale. Sold As-Is

Price History
9/19/2026 Listed $120,000

General Features

Heating Forced Air,Natural Gas
Cooling Central Air
Possession Closing
Appliances Dishwasher,Dryer,Gas Water Heater,Gas Oven,Refrigerator,Washer,Water Heater
Patio/Porch Features Deck,Glass Enclosed
Architectural Style Traditional
Construction Materials Vinyl Siding,Wood Siding
Year Built 1920
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
Subdivision Name Stones University
Garage Y/N No
Other Structures Outbuilding
Total Rooms 6
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 8880
Property Attached Y/N No
Current Financing Conventional
Additional Parcels Y/N No
Standard Status Active
Tax Lot 1015553
Legal Description Stones University Add L5 & L6

Interior Features

Interior Amenities Attic Stairway,Breakfast Bar,Paddle Fan,Hi-Speed Internet Availbl,Wood Work Painted
Basement Partial,Unfinished
Total Fireplaces 1
Fireplace Features Dining Room
Basement (Y/N) Yes
Laundry Features In Unit
Total Bedrooms 3
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Exterior Amenities Barn Mini,Fire Pit,Storage Shed,Water Feature Fountain
Fencing Full,Privacy
Parking Features Carport,Workshop in Garage
Lot Features Sidewalks
Water Source Public
Foundation Details Block
Building Area Total 1534
Lot Size Acres 0.2
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46201

Price
AVG $240K
$120K
Taxes
AVG $2,894
$228
Year Built
AVG 1931
1920
Visits
AVG 92
2
Data Provided by Inside Real Estate®