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1506 Mary Drive, Indianapolis, IN 46241

Here's 1506 Mary Drive in Indianapolis, IN 46241. This listing is closed, but I can still walk you through the details.

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Photo of 1506 Mary Drive, Indianapolis, INSold — 1506 Mary Drive, Indianapolis, IN 462411 / 1

Quick read on the numbers:

$117,200$127,200

Sold
Beds

2

Baths

1

Sq ft

680

Built

1945

Acres

0.25

Key things to know

  • Sold 14% below list in 15 days
  • Bailey Highlands subdivision

From the listing

This cozy cottage is full of charm and offers a simple, easy-to-maintain lifestyle that's hard to beat. From the moment you step inside, the space feels comfortable and inviting, making it easy to picture yourself settling in and enjoying it right away. Whether you're looking for a starter home, a place to downsize, or an investment opportunity, this one is worth seeing in person. Built in 1945, this single-level home offers 680 square feet per county records and features a low-maintenance vinyl exterior with vinyl windows. The layout includes two bedrooms and one full bathroom, providing efficient use of space for everyday living. With no garage, the property offers a straightforward, low-maintenance setup ideal for simple living.

A few highlights from the feature list:

Interior

WoodWorkStain/Painted

I'll break the details down — open any section that matters.

This home has sold:

Sold

$110,000

-$17,200 below list (-13.5%)

Closed
Apr 13, 2026
Listed at
$127,200
Sold
2 months ago
Sold in
15 days

Price history

  1. Sold$110,000

    Apr 13, 2026

  2. Price reduced$127,200 → $117,200

    Mar 31, 2026

  3. Listedat $127,200

    Mar 20, 2026

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 1404 S Gerrard Drive

    $115,000

    1404 S Gerrard Drive

    1bd · 2ba · 695 sqft

    Sold May 2026

  • 2732 S Taft Avenue

    $140,000

    2732 S Taft Avenue

    2bd · 1ba · 720 sqft

    Sold May 2026

  • 1002 Collier Street

    $175,000

    1002 Collier Street

    3bd · 1ba · 858 sqft

    Sold Apr 2026

  • 2603 Collier Street

    $70,000

    2603 Collier Street

    1bd · 1ba · 644 sqft

    Sold Mar 2026

  • 829 Waldemere Avenue

    $110,000

    829 Waldemere Avenue

    2bd · 1ba · 844 sqft

    Sold Mar 2026

Comparative value

5 comps in this range

This home is 4.3% below median for similar nearby sales.

$70K$175KMedian $115K
$110K

A few places to dig deeper:

Bailey Highlands MSD Wayne Township

MLS# 22090524

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