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518 S State Avenue, Indianapolis, IN 46203

Here's 518 S State Avenue in Indianapolis, IN 46203. This listing is closed, but I can still walk you through the details.

1 photo from the listing — tap any to expand.

Photo of 518 S State Avenue, Indianapolis, INRecently Sold — 518 S State Avenue, Indianapolis, IN 462031 / 1

Quick read on the numbers:

$59,999

Recently Sold
Beds

2

Baths

1

Sq ft

736

Built

1930

Acres

0.03

Key things to know

  • Sold 4.2% over list in 5 days

From the listing

Opportunity awaits in the Fountain Square area! This 2-bedroom, 1-bath home offers flexibility for a variety of buyers, whether you're seeking a primary residence, rental property, or investment opportunity. Previously utilized as a professionally managed rental, the property is conveniently located near local dining, entertainment, and downtown Indianapolis. Explore the possibilities and make it your own.

A few highlights from the feature list:

Interior

Wood Work Painted

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

This home has sold:

Sold

$62,500

+$2,501 over list (4.2%)

Closed
Jun 18, 2026
Listed at
$59,999
Sold
yesterday
Sold in
5 days

Price history

  1. Sold$62,500

    Jun 18, 2026

  2. Listedat $59,999

    Jun 3, 2026

A few similar homes that recently sold nearby:

Recent comparable sales

Same zip · similar size

  • 1541 E Tabor Street

    $130,000

    1541 E Tabor Street

    2bd · 1ba · 928 sqft

    Sold Jun 2026

  • 1509 Comer Avenue

    $175,000

    1509 Comer Avenue

    2bd · 2ba · 856 sqft

    Sold Jun 2026

  • 1341 Fletcher Avenue

    $215,000

    1341 Fletcher Avenue

    2bd · 1ba · 860 sqft

    Sold Jun 2026

  • 2524 Harlan Street

    $130,900

    2524 Harlan Street

    2bd · 1ba · 676 sqft

    Sold Jun 2026

  • 1730 E Gimber Street

    $121,000

    1730 E Gimber Street

    1bd · 1ba · 686 sqft

    Sold Jun 2026

Comparative value

5 comps in this range

This home is 52% below median for similar nearby sales.

$121K$215KMedian $131K
$63K

A few places to dig deeper:

Indianapolis Public Schools

MLS# 22105864

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