LKV Realty
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$199,000
$900Reward *
1303 E Castle Avenue, Indianapolis, IN 46227Listing ID 22115849

1303 E Castle Avenue, Indianapolis, IN 46227

Active
Elders University Heights
Time on site: 23 daysLast updated: Jul 25, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,628
Acres
Acres
0.34
Days on Site
Days on Site
23
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas
Year Built
Year Built
1930
Garages
Garages
1
Parking
Parking
Detached, Gravel

Super cute and full of possibilities, this beautifully updated home near the University of Indianapolis offers a unique opportunity for flexible living. The main home has been refreshed with newer flooring and paint, creating a bright, welcoming feel that is move-in ready from day one. What truly sets this property apart is the converted detached garage. It could be used as a rental opportunity, private guest space, home office, studio, or separate living quarters for a college student, parent, or extended family member. Whether you are looking to offset your mortgage with rental income or simply enjoy the convenience of multi-generational living, this property offers incredible versatility. Located just minutes from the University of Indianapolis, this charming home combines character, updates, and opportunity in one special package.

Property Information

Property Details

Location

Address
1303 E Castle Avenue
County
Marion
City
Indianapolis
Zip Code
46227
Subdivision
Elders University Heights
School District
Adelante Schools
Elementary School
Emma Donnan Elementary and Middle
MLS Area
4907 - Marion - Perry

Interior Features

Beds and Baths

Bedrooms
2
Main Level Bedrooms
2
Full Bathrooms
1

Building

Building Information

Square Feet
1,628
Year Built
1930
Construction
Vinyl Siding
Foundation
Block

Property Taxes

Tax Year
2025
REALTY WORLD-Harbert Company, (317) 885-8858

Market Report for 46227

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 15 Aug 2026, 09:11 PM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR38157