5022 University Avenue, Indianapolis, IN 46201

$120,000
3
BD
1
BA
1,534
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$120,000
MLS#
22126962
Property Type
Residential
Bedrooms
3
Bathrooms
1
Sqft. of Residence
1,534
Year Built
1920
Days on Market
1
Status
ACTIVE

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

Additional Information

Basement
Partial, Unfinished
Foundation
Block
Number of Fireplaces
1
Fireplace Description
Dining Room
Stories
Two
Architecture
Traditional
Interior
Attic Stairway, Breakfast Bar, Paddle Fan, Hi-Speed Internet Availbl, Wood Work Painted
Exterior Amenities
Barn Mini, Fire Pit, Storage Shed, Water Feature Fountain
Acres
0.20
Heat
Forced Air, Natural Gas
Cooling
Central Air
Financing
Conventional
Appliances
Dishwasher, Dryer, Gas Water Heater, Gas Oven, Refrigerator, Washer, Water Heater
Region
Center
Areas
Laundry in Unit
Eating Areas
Formal Dining Room, Separate Room

Listing courtesy of Steven Minton from eXp Realty, LLC

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative