$499,500

515 E Indiana Ave Southern Pines, NC 28387

$5,932
Closing credit¹
2 beds
2 full
1,474 sqft
0.2 acres
$339 / sqft
House

Property details

About 515 E Indiana Ave

Escape to this delightful 2+ bedroom, 2-bath cottage, tucked away just minutes from the charming boutiques and restaurants of downtown Southern Pines. Originally built in 1948, this home has been carefully updated while preserving its timeless character.Step inside to discover a spacious kitchen, ideal for entertaining, featuring granite countertops, stainless steel appliances, and plenty of cabinet space. The open floor plan invites gatherings and cozy nights in, blending original details seamlessly with modern conveniences, giving you the best of both worlds.Looking for extra room? The unfinished basement offers ample storage opportunities. The detached garage/workshop provides even more versatility--perfect as a home gym, art studio, tool shed, or he/she shed. Outside, the fenced backyard includes a patio and firepit, creating the ideal setting for relaxing evenings under the stars or entertaining friends and family.This charming cottage is a true gem--don't miss your chance to see it! Currently operating successfully as a monthly VRBO/rental. Furnishings are negotiable or available for purchase along with the home, depending on the offer.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,474 sqft
Lot size0.18 Acres
Year built1946
ParkingGravel
MLS #100499199
Fireplace1

Summary

  • MLS Number: 100499199
  • Office Name: Keller Williams Pinehurst

IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 12:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a chimney, stucco siding, and roof with shingles

$499,500

515 E Indiana Ave

$5,932

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 05, 2024
Home Sold
$465,000
Jan 17, 2019
Home Sold
$288,500
Jul 02, 2013
Home Sold
$227,000
Apr 04, 2007
Home Sold
$190,000

Tax history

YearAssessmentProperty Tax
2024$337,700$2,152
2023$337,700$2,220
2022$240,010$2,220
2021$240,010$2,280
2020$239,210$2,253
2018$234,480$2,280
2017$234,480$2,098

History based on county public records data.

Nearby schools

3

Southern Pines Elementary School

Public District PK-5

0.2 mi

255 S May St

6

Moore Montessori Community School

Public Charter KG-4

0.8 mi

387 W Pennsylvania Ave

9

McDeeds Creek Elementary School

Public District KG-5

3.3 mi

2953 Camp Easter Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $96,429. Typical income of Southern Pines, NC residents is between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

12%
<35k
40%
35k-100k
35%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
5%
Single, with Kids
43%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
13%
18-34 yrs old
44%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • PaneraPanera
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • InfinitiInfiniti
  • LincolnLincoln
  • LexusLexus

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 515 E Indiana Ave

This home is located at 515 E Indiana Ave in Southern Pines, NC and zip code 28387. This 1,474 square foot home, which was built in 1946, sits on a 0.18 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $499,500.

Over 2 listings were sold over their listed price in March 2025 in Southern Pines, NC. In the same period over 24 listings were sold below the listed price and 10 listings were sold for the listed price. The number of homes for sale in Southern Pines, NC increased by 21.2% between February and March 2025. The median list price of listings available in March 2025 was $549,666, while the average time on the real estate market was 91 days.

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

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