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4736 Madison Avenue

Indianapolis, IN 46227

2 beds
1 bath
938 sqft
~1/2 acre lot
$133 per sqft
1918 build

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This nice 2 Bedroom home is NOT located directly on Madison Ave but is accessible via a road that runs parallel to Madison for easy ingress/egress. This home is situated on almost 1/2 acres, has a 2 car garage and a 2 car carport. There is an enclosed porch which measure 24x8 and is a perfect place to relax after a long day. The basement appears to have had a perimeter drain installed but as this is an estate, it has not been verified. The dining room sf does not appear to be included in the assessor's records. There is a gas space heater in the living room which is believed to be functional. The owner was in the process of having a new gas furnace installed in the basement. The furnace itself is in place with some duct work completed. The materials needed to complete the installation appear to be in the basement and will be left with the home. Seller wants to sell as is.

Listing courtesy of MIBOR / Indiana Real Estate Group, LLC

Last checked: Checking… • Last updated Apr 27, 2025 •

MLS# 22008661 —

The Building

Year Built:

1918
New Construction:

false
Construction Materials:

Wood Brick
Architectural Style:

Bungalow
Levels:

One
Basement:

true
Basement:

Unfinished
Foundation Details:

Block
Patio And Porch Features:

Glass Enclosed
Exterior Features:

Barn Storage
Accessibility Features:

No
Direction Faces:

East
Green Certification:

No
Building Area Total:

1720

Interior

Rooms:

5
Rooms Total:

5
Rooms Total:

5
Interior Features:

Attic Pull Down Stairs, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl
Kitchen Features:

Kitchen Some Updates
Other Equipment:

Sump Pump
Eating Area:

Formal Dining Room
Laundry Features:

In Basement
Fireplaces Total:

1
Fireplace Features:

Living Room

Room Dimensions

SqFt:

938
Main Level SqFt:

938
Living Area:

938

Financial & Terms

Buyer Financing:

Cash

Location

Directions:

GPS Friendly
Latitude:

39.696163
Longitude:

-86.138208

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

491031115011000500
Acres:

1/4-1/2 Acre
Lot Features:

Busline, Street Lights, Mature Trees
Lot Size Acres:

0.42
Lot Size SqFt:

18,121 Sqft
Price Per Acre:

297619
View:

false
Waterfront:

false
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

19
Tax Year:

2023
Semi Annual Property Tax Amt:

747

Beds

Beds:

2
Bedrooms:

2
Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Baths:

1
Full Baths:

1
Full Baths:

1
Full Baths Main:

1

The Listing

Inspection Warranties:

Not Applicable

Heating & Cooling

Heating:

Gas, SpaceWallUnit
Cooling:

Window Unit(s)

Utilities

Electric:

200+ Amp Service
Water Source:

Private Well
Solid Waste:

No

Appliances

Appliances:

Gas Oven

Schools

Elementary School:

Abraham Lincoln Elementary School
Middle Or Junior School:

Perry Meridian Middle School
High School:

Perry Meridian High School
High School District:

Perry Township Schools

The Community

Subdivision Name:

Edwin E Thompsons
Association:

false

Parking

Parking Features:

Detached
Garage:

true
Garage Spaces:

2
Garage & Parking:

Other
Garage SqFt:

576

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$132/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
12/31/24 Dec 31, 2024	Sold	MIBOR	$125,000	-10.7%
12/21/24 Dec 21, 2024	Pending	MIBOR	$140,000
11/22/24 Nov 22, 2024	Price Changed	MIBOR	$140,000	-6.7%

House Sold on 12/31/2024

$125,000

Listing provided by broker:

Phillip Hawkins

Indiana Real Estate Group, LLC

philhawkinsoffice@gmail.com

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Listing Courtesy of: MIBOR and Indiana Real Estate Group, LLC.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service

4736 Madison Avenue

Indianapolis, IN 46227