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About This Home

This 3-bedroom, 2-bathroom single family at 506 Lawrence Avenue in Indianapolis, IN is listed for $238,900 ($189 per sqft). Built in 1954, the home offers 1,267 sqft of living space on a 0.26 acres lot.

Agent 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!

Key Features

  • Built in 1954
  • 0.26 acre lot
  • Fireplace

Property Details

1 full, 1 half
1954

Amenities

FireplaceBasement

Monthly Cost Estimate

$1,278/mo

20% down · 6.5% · 30 years

Principal$173
Interest$1,035
Insurance$70

Estimates only. Actual payments may vary.

Location

506 Lawrence Avenue

Indianapolis, IN 46227

Homedell

Features & Amenities

Interior Features

Attic AccessEntrance FoyerWood Work Painted

Exterior Features

Corner LotFencingBarn Mini

Property Details

Construction

Stone

Parking

Garage

Heating

Fireplace(s)Forced AirNatural Gas

Cooling

Central Air

Appliances

DishwasherGarbage DisposerRefrigeratorWasher

Questions & Answers

This 3-bedroom, 2-bathroom single family at 506 Lawrence Avenue is listed at $238,900 ($189/sqft). The estimated monthly payment is $1,035 based on 20% down at 6.5% interest.

Key features include: Built in 1954, 0.26 acre lot, Fireplace. Interior Features: Attic Access, Entrance Foyer, Wood Work Painted. Exterior Features: Corner Lot, Fencing, Barn Mini.

This property is listed by Alice Steppe and can be reached at 3178284020 or asteppe@alicesteppe.com.

AS

Alice Steppe

Agent at Real Broker, LLC

(317) 828-4020

Listed by Real Broker, LLC · View on Broker Site

MLS# 22097285· Source: listhub· Updated 1 days ago

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 Lawrence Avenue, Indianapolis, IN 46227

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