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1531 N Downey Avenue

Indianapolis, IN

ActiveRoots listingListed Aug 6, 2026 · 84 days on market

Key facts

Beds
4
Baths
2 full
Living area
2,388 sqft
Lot
0.16 ac
Year built
1955
Type
Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22118137
County
Marion
Annual tax
$5,924/yr

About this home

Welcome to 1531 N Downey Ave! This charming all-brick home offers the perfect blend of character, space, and opportunity for a first-time homebuyer looking to make a home their own. Located on Indianapolis' growing east side, you'll be just minutes from Community Hospital East, Irvington, local shopping and dining, and convenient commuter routes. Featuring 4 bedrooms and 2 bathrooms, this home provides plenty of room for a growing household, guests, or a dedicated home office. The main level offers a spacious living room with a cozy wood-burning fireplace, along with a kitchen featuring granite countertops, stainless steel appliances, a wine cooler, and an included washer and dryer. Fresh interior paint, newly cleaned carpets, and updated landscaping give the home a clean, welcoming feel and make it easy to move in and start enjoying the space. The partially finished basement adds even more flexibility, including an additional bedroom and full bathroom. Whether you envision a comfortable guest space, home office, recreation area, or future finished living space, there's plenty of room to make it your own. With its solid brick construction, generous living space, fresh updates, and large basement, 1531 N Downey Ave is a great opportunity for a first-time buyer looking for a home with character and room to grow. Come see the space, envision your future here, and make it your own!

Amenities

Garage
Dishwasher

Property details

Appliances
DishwasherMicrowaveElectric OvenRefrigeratorGas Water Heater
Interior features
Attic AccessBuilt-in FeaturesPaddle Fan
Heating
Forced airnatural gas
Cooling
Central air
Basement
Finished wallspartially finished
Fireplaces
2

Estimate your monthly payment

$1,545per month, estimated
Principal and interest $983Property tax $494Insurance $68
20% · $39,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Address
1531 N Downey Avenue, Indianapolis, IN 46219
County
Marion
Listing Office:
@properties
Listing Office Phone:
317-489-3441
Your Roots agents
Listed by
Agent
Kevin Burke, Tyler Lingle
Firm
@properties
Firm phone
317-489-3441
MLS #
22118137
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Listed at$195,000
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