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1515 E Mills Avenue

Indianapolis, IN 46227

ActiveListed Aug 28, 2026 · 32 days on market

Key facts

Beds
3
Baths
1 full
Living area
912 sqft
Lot
0.13 acres
Year built
1950
Type
Residential · Single Family Residence
Stories
One
Garage
3 spaces
MLS #
22123114
County
Marion
Subdivision
Elders University Heights

About this home

Take a look at this great 3 bedroom and 1 full bathroom bungalow in Perry Township near the University of Indianapolis! This would make for a great starter home or investment property. The seller has taken great care of this home for years and made the following improvements: new flooring throughout, new wall and ceiling paint throughout, AC and FURNACE replaced in 2022, new vanity in the bathroom, and new kitchen faucet. Roof is approximately 10 years old and in good condition! All appliances including the washer and dryer are included, Ring doorbell stays as well! The front yard offers a fence and the backyard features a great shed for extra storage. Don't miss out on this great, move-in ready home!

Description provided by the listing brokerage.

Interior

Appliances
DryerGas Water HeaterMicrowaveElectric OvenRefrigeratorWasher
Interior features
Attic AccessWalk-In Closet(s)Eat-in Kitchen
Other rooms and areas
Living Room Formal
Laundry
Connections AllMain Level
Windows
ScreensStorm Window(s)Vinyl Windows
Rooms
5
Main-level bedrooms
3
Condition
Updated/Remodeled

Exterior

Exterior features
Barn MiniStorage
Patio and porch
Covered
Construction
Aluminum Siding
Foundation
Slab
Style
Bungalow
Parking and garage
Gravel
Fencing
Front Yard
Other equipment
Smoke Alarm

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSep Electric MeterSep Gas MeterSewer ConnectedWater Connected

Lot and HOA

Lot features
SidewalksStorm SewerStreet Lights

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$4,558 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,215per month, estimated
Principal and interest $781Property tax $380Insurance $54
20% · $31,000
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.

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Listed at$155,000
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