PerformAction
 logo  logo  logo
  • search
    • Property Search
    • Open Houses
    • Search by Community
    • Global Search
  • Buy
    • Buying a Home
    • Pay Earnest Money
  • Sell
    • Selling Your Home
    • What's My Home Worth?
  • Agents/Offices
    • Agents
    • Offices
  • Careers
    • Join Our Team
    • Our Training
  • Company
    • About Us
    • Contact Us
  • Commercial
  • Relocation
    • search
      • Property Search
      • Open Houses
      • Search by Community
      • Global Search
    • Buy
      • Buying a Home
      • Pay Earnest Money
    • Sell
      • Selling Your Home
      • What's My Home Worth?
    • Agents/Offices
      • Agents
      • Offices
    • Careers
      • Join Our Team
      • Our Training
    • Company
      • About Us
      • Contact Us
    • Commercial
    • Relocation
Sign In / Sign Up
Sign In / Sign Up
Email
(800) 630-1727
Menu

501 E Markwood Avenue, Indianapolis, IN 46227

$449,000

  • Open House
  • New Listing
  • Coming Soon
  • Price Reduced
  • Sold
  • Leased
  • Virtual Tour
-1 More Schedule
  • Property Info
  • Photo Slideshow
  • Photos
  • Print
  • Website
  • Save Listing
  • Share Listing
  • Property Info
  • Photos
  • Photo Slideshow
  • Print
  • Website
  • 2 BedroomBeds
  • 4 BathroomBaths
  • 4,411Sqft
  • 0Acres
  • Single FamilyType
  • PendingStatus
  • 22107644MLS#
-1 More Schedule

Virtual Tours

  • VirtualAdditionalTourImage

Property Description

Property Highlights: Asking Price: $449,000 Location: 501 E. Markwood Ave, Indianapolis, IN Commercial Zoning with redevelopment and mixed-use potential Income-producing apartment building 12 asphalt parking spaces providing ample on-site parking for tenants and visitors Convenient access to major highways, downtown Indianapolis, shopping, restaurants, and public transportation Strong opportunity for investors seeking stable cash flow and long-term appreciation This property is ideal for investors looking to add a versatile, income-generating asset to their portfolio while benefiting from the flexibility of commercial zoning and generous on-site parking. Don't miss this opportunity to invest in one of Indianapolis' growing neighborhoods.


Thank you for requesting a showing of this property. A representative will be in touch with you shortly to confirm the requested showing date and time.
Please note that your appointment is not confirmed until someone contacts you.

Request Info/ Schedule Showing

Submit

Property Details 501 E Markwood Avenue, Indianapolis, IN 46227

Facts & Features

  • MLS #: 22107644
  • Status: Pending
  • Type: Single Family
  • Sub Type: Single Family Residence
  • Year Built: 1936
  • Style: Traditional
  • Price: $449,000
  • Acres: 0.26
  • Area: 4907 - Marion - Perry
  • County: Marion
  • Subdivision: Homedell
  • Bedrooms: 2
  • Bathrooms: 4
  • Full Baths: 4
  • Total SqFt: 4,411

Amenities

  • Pet Friendly: Yes

Interior

  • Appliances: Dishwasher, Refrigerator
  • Heating: Forced Air
  • Cooling: Central Air
  • Basement: Yes
  • Fireplaces Total: 1

Exterior

  • Construction: Cedar

Schools

  • School District: Perry Township Schools

Additional Information

  • Date Listed: 06/22/2026

Tax Information

  • Tax: $5,852

Output format

Property Map

 

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes only by Burrow Services, Inc. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

Get Pre-Approved

Similar Listings

    • New Listing
    • Price Reduced$10,100
    • Open House
    • Sold
    • Leased
    • Virtual Tour
    3712 E Edgewood Avenue Indianapolis IN 46227
    $489,900
    6 Bed 6 Beds 7 Bath 7 Baths Sq.ft- 11,860
    MLS# 22086240 Single Family
    Listing Courtesy of Office F.C. Tucker Company
    Request Info
    Delete
    Details
      • New Listing
      • Price Reduced$5,100
      • Open House
      • Sold
      • Leased
      • Virtual Tour
      142 E Banta Road Indianapolis IN 46227
      $439,900
      4 Bed 4 Beds 3 Bath 3 Baths Sq.ft- 2,438
      MLS# 22103381 Single Family
      Listing Courtesy of Epique Inc | lora@wrsuccess.com
      Request Info
      Delete
      Details
        • New Listing
        • Price Reduced
        • Open House
        • Sold
        • Leased
        • Virtual Tour
        3418 Brunswick Avenue Indianapolis IN 46227
        $439,900
        3 Bed 3 Beds 3 Bath 3 Baths Sq.ft- 3,270
        MLS# 22127672 Single Family
        Listing Courtesy of Esquire Real Estate Group LLC | courtney@esquirerealtors.com
        Request Info
        Delete
        Details
          • New Listing
          • Price Reduced$10,000
          • Open House
          • Sold
          • Leased
          • Virtual Tour
          6204 Madison Avenue Indianapolis IN 46227
          $419,900
          4 Bed 4 Beds 3 Bath 3 Baths Sq.ft- 3,052
          MLS# 22119962 Single Family
          Listing Courtesy of eXp Realty, LLC | jessie@jessiesoldit.com
          Request Info
          Delete
          Details
            • New Listing
            • Price Reduced
            • Open House
            • Sold
            • Leased
            • Virtual Tour
            6239 Hardegan Street Indianapolis IN 46227
            $389,900
            4 Bed 4 Beds 2 Bath 2 Baths Sq.ft- 2,048
            MLS# 22125479 Single Family
            Listing Courtesy of Indiana Gold Group | AngieDrealty@gmail.com
            Request Info
            Delete
            Details
              • New Listing
              • Price Reduced$10,000
              • Open House
              • Sold
              • Leased
              • Virtual Tour
              54 Church Street Southport IN 46227
              $389,000
              3 Bed 3 Beds 4 Bath 4 Baths Sq.ft- 2,680
              MLS# 22113431 Single Family
              Listing Courtesy of Carpenter, REALTORS® | angie@resiakgroup.com
              Request Info
              Delete
              Details
                • New Listing
                • Price Reduced
                • Open House
                • Sold
                • Leased
                • Virtual Tour
                6032 Orinoco Avenue Indianapolis IN 46227
                $385,000
                3 Bed 3 Beds 4 Bath 4 Baths Sq.ft- 4,136
                MLS# 22129668 Single Family
                Listing Courtesy of F.C. Tucker Company | heidi.whicker@talktotucker.com
                Request Info
                Delete
                Details
                  • New Listing
                  • Price Reduced$10,000
                  • Open House
                  • Sold
                  • Leased
                  • Virtual Tour
                  6648 McFarland Road Indianapolis IN 46227
                  $379,000
                  3 Bed 3 Beds 3 Bath 3 Baths Sq.ft- 2,059
                  MLS# 22112688 Single Family
                  Listing Courtesy of Ever Real Estate, LLC | sellwithwhitney@gmail.com
                  Request Info
                  Delete
                  Details
                    • New Listing
                    • Price Reduced
                    • Open House
                    • Sold
                    • Leased
                    • Virtual Tour
                    8116 Browning Drive Indianapolis IN 46227
                    $360,000
                    4 Bed 4 Beds 3 Bath 3 Baths Sq.ft- 3,269
                    MLS# 22116901 Single Family
                    Listing Courtesy of Office F.C. Tucker Company
                    Request Info
                    Delete
                    Details
                      • New Listing
                      • Price Reduced
                      • Open House
                      • Sold
                      • Leased
                      • Virtual Tour
                      3136 E Edgewood Avenue Indianapolis IN 46227
                      $355,000
                      3 Bed 3 Beds 2 Bath 2 Baths Sq.ft- 3,190
                      MLS# 22106273 Single Family
                      Listing Courtesy of Epique Inc | manifestyournewhome@gmail.com
                      Request Info
                      Delete
                      Details
                        • New Listing
                        • Price Reduced$5,000
                        • Open House
                        • Sold
                        • Leased
                        • Virtual Tour
                        7633 Singleton Street Indianapolis IN 46227
                        $354,900
                        3 Bed 3 Beds 3 Bath 3 Baths Sq.ft- 3,108
                        MLS# 22101358 Single Family
                        Listing Courtesy of Keller Williams Indy Metro Par | lisahu@kw.com
                        Request Info
                        Delete
                        Details
                          • New Listing
                          • Price Reduced
                          • Open House
                          • Sold
                          • Leased
                          • Virtual Tour
                          630 Griffin Road Indianapolis IN 46227
                          $350,000
                          3 Bed 3 Beds 2 Bath 2 Baths Sq.ft- 3,866
                          MLS# 22128580 Single Family
                          Listing Courtesy of Highgarden Real Estate | kburdine@highgarden.com
                          Request Info
                          Delete
                          Details
                           Carpenter Realtors Logo
                          (800) 630-1727

                          Address

                          Carpenter Realtors, Inc. 8901 S. Meridian St. Indianapolis IN 46217

                          Contact us

                          (800) 630-1727 eclientcare@callcarpenter.com

                          Connect

                          Quick Links

                          Privacy Policy Terms Of Use DMCA Notice Accessibility
                           Carpenter Realtors Logo
                          Agent Login

                          Copyright © 2026 Carpenter Realtors, Inc. All rights reserved.

                          Indiana Broker of Record License# CO88700191.
                          Equal Housing Opportunity.

                          • Comparison List   0

                          Carpenter Realtors is powered by Burrow Services, Inc.