Address
506 Lawrence Avenue, Indianapolis, IN
Price
$ 238,900
Property Attributes
  • MLS#22097285
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaPerry
  • NeighborhoodHomedell
  • Zip46227
  • StyleRanch
  • Year Built1954
  • Taxes$ 4874
  • Price$ 238,900
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage2028
  • Lot Size0.26 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Terrific all limestone ranch with three bedrooms, one and a half bath, full basement, attached two car garage, big side yard with access door from house, covered front porch....and for under $260,000!!! Amazing value and quality. Undated electrical panel, good storage, sump pump in basement, almost new HVAC (either 2023/2024), wood burning fireplaces in living room on main and in basement recreation room! Lots to appreciate for either a starter home or an investment property. Easy to show!

Price History
4/23/2026 Listed $238,900

General Features

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Negotiable
Appliances Dishwasher,Disposal,Gas Water Heater,Electric Oven,Refrigerator
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Ranch
Security Features Smoke Detector(s)
Construction Materials Stone
Year Built 1954
Electric 200+ Amp Service
Township Perry
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Homedell
Facing Direction South
Garage Y/N Yes
Total Rooms 7
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Perry Township Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 11456
Property Attached Y/N No
Virtual Tour https://photos.dreamhomemedia.com/506-Lawrence-Ave
Standard Status Active
Tax Lot L1 & L2
Virtual Tour https://photos.dreamhomemedia.com/2598956
Legal Description Homedell Add 77.74 S End L1 & L2

Interior Features

Interior Amenities Attic Access,Entrance Foyer,Wood Work Painted
Basement Finished Walls
Total Fireplaces 2
Fireplace Features Wood Burning
Basement (Y/N) Yes
Half Baths 1
Laundry Features Connections All,In Basement
Total Bedrooms 3
Below Grade Finished Area 253
Main Level Bedrooms 3
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Exterior Amenities Barn Mini
Fencing Full,Privacy
Parking Features Attached
Lot Features Corner Lot
Water Source Public
Foundation Details Block
Spa No
Building Area Total 2028
Lot Size Acres 0.26
Waterfront Y/N No
Other Equipment Sump Pump
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46227

Price
AVG $270K
$240K
Taxes
AVG $3,506
$4,874
Year Built
AVG 1959
1954
Visits
AVG 81
185
Data Provided by Inside Real Estate®

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