2 months on rocket

Sale Pending

531 E Mills Ave, Indianapolis, IN, 46227

$244,900

Home List Price

$2,908*

Closing Credit

2 Bedrooms
2 Full Baths
2,110 SqFt
$116/SqFt
House
Schools Nearby

Location

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531 E Mills Ave, Indianapolis$244,900

Buyer Closing Credits

$2,908*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1933
HeatingNatural Gas
CoolingCentral Air
BasementYes
FireplaceLiving Room, Woodburning Fireplce
MLS #21963563
Lot Size0.10 Acres
StatusSale Pending
(Pending)

About 531 E Mills Ave

Welcome home to this completely remodeled home in the great location of University Highlands! Nestled on a large homesite, you are greeted by the charming covered front porch surrounded by stately brick. Open the door to new finishes throughout, including new LVP flooring, all of what's trending! A spacious great room, better than great with a limestone wall, and wood burning fireplace to cozy up too! Plenty of wall space for furniture and drenched in light with the addition of can lights, and a wall of windows for natural lighting! Kitchen is a focal point, with crisp white BRAND NEW soft close, dove-tailed cabinets. Quartz counters, a massive island with seating, and striking black hardware pulls it all together! New Stainless-Steel appliances ALL INCLUDED! Two bedrooms, and TWO full bathrooms! Each bathroom with new vanities, fixtures, lighting, and tile surround. Laundry room on the MAIN FLOOR, for convenience close to the bedrooms. If this isn't enough space, check out the full basement with limitless opportunities! Easily could be finished off for a 3rd bedroom! Step out back and see your private courtyard, with 6 ft privacy fence, great for grilling and entertaining this Spring! 2 car detached garage, just steps away from the backdoor. Larger components, HVAC, Water Heater New in 2024! Turnkey, move in ready! You don't want to miss this home!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1933
  • Living Area: 2,110 SqFt

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: talktolauraturner@gmail.com
  • Listing Agent: Laura Turner

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave Hood, Refrigerator, Water Heater
  • Basement: Yes
  • Interior: Breakfast Bar, Center Island, Eat-in Kitchen, Windows Vinyl, Wood Work Painted
  • Fireplace: Living Room, Woodburning Fireplce

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Perry Meridian High School, Public District Grades 9-12
  • Perry Meridian Middle School, Public District Grades 7-8
  • Abraham Lincoln Elementary School, Public District Grades KG-5
  • Rosa Parks-Edison Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $244,900
  • Price Per SqFt: $116/SqFt

Tax Information:

  • Annual Amount: $896
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

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Indianapolis, IN

City

Med. Sold Price

$239.7K

Med. Price/SqFt

$135

Avg. Days On Market

45

# of Sold Homes

989

531 E Mills Ave vs Indianapolis

74 DAYS ON ROCKET

+29 Days

$244,900

+$5.1K More

$116/SqFt

-$19 Less

KEY TAKEAWAY

This property is $5.1K more than the Median Sold Price and $19/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21963563

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: talktolauraturner@gmail.com
  • Listing Agent: Laura Turner

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by 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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. 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 Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:16:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$896$111,100
2019$2,320$90,700
2018$2,116$85,600
2017$2,294$77,700

History based on county public records data.

Payment Calculator

$1,290

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3052691
6
/10

  • Abraham Lincoln Elementary School

  • 5241 Brehob Rd

  • 1.49 miles

  • Public District Grades KG-5

school-card-donut-3052692
9
/10

  • Rosa Parks-Edison Elementary School

  • 7525 Wellingshire Blvd

  • 4.65 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3052693
8
/10

  • Perry Meridian Middle School

  • 202 W Meridian School Rd

  • 3.87 miles

  • Public District Grades 7-8

High School

school-card-donut-3052694
5
/10

  • Perry Meridian High School

  • 401 W Meridian School Rd

  • 4.03 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,911. Most Indianapolis, IN residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 E Mills Ave

What is the listing price of this property?

The listing price of 531 E Mills Ave property is $244,900.

What type of property is this?

The property 531 E Mills Ave is a house located in Indianapolis, Indiana, 46227.

Is this property for sale now?

Sale Pending: 531 E Mills Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 531 E Mills Ave are:
Abraham Lincoln Elementary School: GreatSchools Rating 6/10
Rosa Parks-Edison Elementary School: GreatSchools Rating 9/10
Perry Meridian Middle School: GreatSchools Rating 8/10
Perry Meridian High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $896 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 531 E Mills Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 531 E Mills Ave is 2,110 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 E Mills Ave is 1933.

Rocket Homes›Indiana›Marion County›Indianapolis›46227›531 E Mills Ave

This home is located at 531 E Mills Ave in Indianapolis, IN and zip code 46227 in the University Highlands neighborhood. This 2,110 square foot home, which was built in 1933, sits on a 0.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $244,900.

Indianapolis, IN housing market in March 2024 saw over 225 listings sold above listed price, more than 262 sold at listed price and over 502 sold below. The number of listings in Indianapolis, IN increased by 7.4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $239,776, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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