Recently Sold — 1506 Mary Drive, Indianapolis, IN 46241
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ABOUT THIS HOME
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.
$117,200
$127,200
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 p...
680
Sq Ft
1945
Year Built
2
Bedrooms
1
Bathrooms
Key things to know
- Sold 14% below list in 15 days
- Bailey Highlands subdivision
Sold
$110,000
-$17,200 below list (-13.5%)
- Closed
- Apr 13, 2026
- Listed at
- $127,200
- Sold
- 1 month ago
- Sold in
- 15 days
Price history
- Sold$110,000
Apr 13, 2026
- Price reduced$127,200 → $117,200
Mar 31, 2026
- Listedat $127,200
Mar 20, 2026
Recent comparable sales
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Comparative value
5 comps in this range
This home is right at the median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$127,200Listed· Mar 20, 2026
$117,200Reduced
↓ $10,000 (7.9% off original)
15 days on market
Layout
Schools
MSD Wayne Township
Neighborhood
- Downtown Indianapolis7.1 mi
- Zionsville Community HS15.2 mi
- Carmel Central Park16.7 mi
- Monon Trail (Carmel)17.4 mi
- Carmel High School17.9 mi
- Carmel Arts & Design District18.5 mi
PROPERTY DETAILS
Living Area
680 sq ft
Year Built
1945
Stories
One
Subdivision
Bailey Highlands
Bedrooms
2
Bathrooms
1 full
School District
MSD Wayne Township