5022 University Avenue, Indianapolis, IN 46201 (MLS # 22126962)

Price $120,000
Status Active
Beds 3
Baths 1 Bath
Home size 1,126 sqft
Lot Size 8,712 sqft
Days on Market 1
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
Property Type(s): Single Family
Last Updated 9/18/2026 Tract Stones University
Year Built 1920 Community 4910 - Marion - Center
County Marion

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Gas Oven, Gas Water Heater, Refrigerator, Washer, Water Heater
AREA 4910 - Marion - Center
BARN/EQUESTRIAN Yes
BASEMENT Partial, Unfinished, Yes
CONSTRUCTION Vinyl Siding, Wood Siding
EXTERIOR Fire Pit
FIREPLACE Yes
GARAGE Yes
HEAT Forced Air, Natural Gas
INTERIOR Breakfast Bar
LOT 8712 sq ft
PARKING Carport, Workshop in Garage
STORIES 2
STYLE Traditional
SUBDIVISION Stones University
WATER Public

Location

 

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