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4736 Madison Avenue

Indianapolis, IN 46227

2 beds
1 bath
1,150 sqft
~1/2 acre lot
$191 per sqft
1918 build

Beautiful totally updated home in Perry Township. Great location close to downtown and highways. This cozy home is ready to move in. Exceptional rehab of this home. The 2 bedrooms are nice size. The living room with a wood burning fireplace is ready for your touches. New kitchen with granite counters, white shaker cabinets and all new stainless steel appliances. Nice pantry as well. Great dining room with plenty of windows and built in shelves. New washer and dryer are in the dining area on the main floor for easy use. The basement has new mechanicals and plenty of space for a man cave or crafts room. All fresh painted and ready to call home. New windows make this home ready to go for a long time. The garage has a workshop area in it. There is a nice size carport and a spacious mini barn. The lot size is great to make the back yard what you want it to be used for.

Listing courtesy of MIBOR / A.S.A.P. Real Estate

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

MLS# 22035156 —

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 Mini, Barn Storage
Accessibility Features:

No
Direction Faces:

East
Green Certification:

No
Building Area Total:

1932

Interior

Rooms:

6
Rooms Total:

6
Rooms Total:

6
Interior Features:

Attic Pull Down Stairs, Built In Book Shelves, Paddle Fan, Hi-Speed Internet Availbl, Pantry, Screens Complete, Windows Vinyl, Wood Work Painted
Kitchen Features:

Kitchen Updated
Other Equipment:

Radon System, Smoke Alarm, Sump Pump
Eating Area:

Separate Room
Laundry Features:

Main Level
Fireplaces Total:

1
Fireplace Features:

Living Room

Room Dimensions

SqFt:

1150
Main Level SqFt:

1150
Living Area:

1150

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:

523571
Property Condition:

Updated/Remodeled
Additional Parcels:

false
View:

false
Waterfront:

false
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

19
Tax Year:

2024
Tax Exemptions:

None
Semi Annual Property Tax Amt:

709

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

Heating & Cooling

Heating:

Forced Air, Natural Gas

Utilities

Utilities:

Well
Electric:

200+ Amp Service
Water Source:

Private Well
Solid Waste:

Yes

Appliances

Appliances:

Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Heater, Water Softener Owned

Schools

Middle Or Junior School:

Southport Middle School
High School:

Southport 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:

Service Door,Other
Garage SqFt:

576

Monthly cost estimate

Asking price

$219,900

Expense	Monthly cost
Mortgage	$1,177
Taxes	$118
Insurance	$60
Utilities	$139 See report
Total	$1,494/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/26/25 Apr 26, 2025	Listed / Active	MIBOR	$219,900	75.9%
12/31/24 Dec 31, 2024		MIBOR	$125,000	-10.7%
12/21/24 Dec 21, 2024		MIBOR	$140,000

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This house located in Indianapolis, IN 46227 is currently for sale for $219,900. 4736 Madison Avenue is a 1,150 square foot house with 2 beds and 1 bath. This house is in the attendance area of Abraham Lincoln Elementary School, Perry Meridian Middle School, Perry Meridian High School, and Perry Meridian 6th Grade Academy.

Listing Courtesy of: MIBOR and A.S.A.P. Real Estate.

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