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1537 Gilbert Avenue

Indianapolis, IN 46227

ActiveListed Aug 26, 2026 · 36 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,496 sqft
Lot
0.3 acres
Year built
1926
Type
Residential · Single Family Residence
Stories
One
Garage
3 spaces
MLS #
22122672
County
Marion
Subdivision
Madison Heights
Total building area
2,540 sqft

About this home

New, New, NEW!!! Almost everything is NEW!! This home is amazing. Discover a timeless ranch home, originally built in 1926, offering 1496 square feet of refined living space. This home has been thoughtfully transformed, blending its historical charm with contemporary elegance, ready to embrace its next chapter. The heart of this home lies in its open-plan kitchen, seamlessly connecting with dining room and then the living room. This design fosters an environment perfect for both everyday living and entertaining, allowing for effortless interaction and flow. Beyond the main living areas, this property extends its appeal with a private yard and an inviting outdoor living space, perfect for enjoying the outdoors. The welcoming porch with its original wood ceiling, offers a charming spot for morning coffee or evening unwinding. Experience the harmonious blend of comfort and style this exquisite property offers and schedule your private viewing today.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherENERGY STAR Qualified Water HeaterDisposalMicroHoodElectric OvenRefrigeratorWater Heater
Interior features
Attic AccessCathedral Ceiling(s)PantryWalk-In Closet(s)
Kitchen
Kitchen Updated
Other rooms and areas
Laundry in UnitUtility Room
Flooring
Hardwood
Basement
Storage SpaceUnfinished
Laundry
In UnitLaundry Closet
Rooms
12
Main-level bedrooms
3
Condition
Updated/Remodeled

Exterior

Exterior features
Gutter GuardsStorage Shed
Patio and porch
CoveredDeck
Construction
Vinyl With Brick
Foundation
Block
Style
RanchTraditional
Parking and garage
Detached

Systems

Heating
High Efficiency (90%+ AFUE )
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
Mature Trees

Schools

School district
Perry Township Schools

Taxes

Estimated annual tax
$1,820 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,764per month, estimated
Principal and interest $1,507Property tax $152Insurance $105
20% · $59,800
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.

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Listed at$299,000
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