$180,000

516 N Chester Ave Indianapolis, IN 46201

$2,138
Closing credit¹
3 beds
2 full
1,217 sqft
0.1 acres
$148 / sqft
House

Property details

About 516 N Chester Ave

Welcome to 516 N Chester Ave, Indianapolis, IN 46201 a beautifully updated 3-bedroom, 2-bathroom home located in the up and coming Tuxedo Park neighborhood. This home features a renovated kitchen and bathrooms, updated electrical, new roof, new windows, and stylish vinyl plank flooring throughout. The unfinished basement provides extra storage or potential for additional living space. Situated on a street experiencing significant redevelopment, including the home next door currently undergoing renovations, this property offers a fantastic opportunity for homeowners and investors alike. Enjoy a large backyard, perfect for entertaining or relaxing. Location is key! You'll be just 10 minutes from major hospitals and Mass Ave, where you can explore some of the best restaurants, entertainment, and activities in the city. Plus, you're only 12 minutes from downtown Indianapolis, an area booming with new development. Whether you're looking for a family home or a lucrative investment property, this one checks all the boxes. Don't miss out schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,217 sqft
BasementYes
Lot size0.12 Acres
Year built1922
MLS #22026623

Summary

  • MLS Number: 22026623
  • MLS Name: MIBOR
  • Office Name: AMR Real Estate LLC
  • Office Email: Sheila.Huerta@AMR.Group
  • Listing Agent: Sheila Huerta Eriza

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Last updated on: 3/14/2025, 3:16:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

exterior space with brick siding, a yard, and fence

$180,000

516 N Chester Ave

$2,138

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 05, 2023
Home Sold
$25,176

Tax history

YearAssessmentProperty Tax
2023$85,000$2,016
2022$87,900$2,064
2021$64,800$1,018
2020$44,400$1,051
2019$41,600$1,032
2018$40,500$850
2017$36,600$808

History based on county public records data.

Nearby schools

3

Ralph W. Emerson Elementary School 58

Public District PK-6

0.4 mi

321 N Linwood Ave

3

Brookside Elementary School 54

Public District KG-6

0.8 mi

3150 E 10th St

3

Christian Park Elementary School 82

Public District KG-6

1.1 mi

4700 English Ave

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 $14,669. Residents of Indianapolis, IN typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

72%
<35k
27%
35k-100k
0%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
19%
Single, with Kids
10%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
42%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 516 N Chester Ave

This home is located at 516 N Chester Ave in Indianapolis, IN and zip code 46201 in the Near Eastside neighborhood. This 1,217 square foot home, which was built in 1922, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $180,000.

In February 2025, from all listings sold in Indianapolis, IN there were more than 85 sold above asking price, over 402 sold below and more than 159 were sold right at the asked price. In February 2025 in Indianapolis, IN there were 4.3% more homes for sale than in January. Listings spent 55 days on the market in February 2025, and had a median list price of $249,976 during the same period.

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

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