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1516 Wellington Avenue, Indianapolis, IN
Welcome to this spacious home featuring 4 bedrooms and 3 full baths. The functional layout offers multiple living spaces, including a main living room plus a lower-level family room, providing flexibility for everyday living and entertaining. The kitchen features white cabinetry with updated countertops and hardware. With four bedrooms and three full bathrooms, the home offers plenty of space for family or guests. Outside you will find a spacious, fully fenced backyard. Conveniently located with quick access to I-465, making commuting and travel around Indianapolis easy.

Fizbo Market Record — April 10, 2026 Compared against 3220 active listings in Indianapolis, 9,356 across Indiana, and 179,621 nationwide, here is where this property stands. This property is a split-level house with four bedrooms, two bathrooms, and 1,944 square feet of living space. The listing notes that it features a main living room, lower-level family room, updated kitchen with white cabinetry and countertops, and a fully fenced backyard. Built in 1968, this home offers plenty of space for family or guests. Priced at $249,900, this listing ranks above the median price for houses in Indianapolis ($270,000) but below the state median ($310,000). In terms of price percentile, it falls at the 43rd position among city listings and 32nd statewide. When compared to the median price per square foot in the city ($170), this property's $129 per square foot is a good value, ranking at the 33rd percentile. Among the 189 competing listings with four bedrooms and two bathrooms in Indianapolis, this one is priced at the 43rd percentile with a median of $257,000. The listing's specs (4 beds, 2 baths) are above average for the city (1.28x bedrooms, 0.86x bathrooms), but its price is not as aggressive, ranking below the median among same-bed/bath listings. This property has some notable features that set it apart from most competitors. The fully fenced backyard and updated kitchen are common upgrades in this market, but the listing's age (1968) puts it at a lower percentile than many newer homes in the area. On the other hand, its lot size is above average for the city, ranking at the 73rd percentile. With 3220 active listings in Indianapolis, competition is high. The city's median days on market is 57, indicating that homes are moving relatively quickly. However, without specific data on this listing's age or recent sales activity, it's difficult to determine its exact position in the market.
Property Type
Single Family
Style
Split Level
Year Built
1968
Lot Size
10,890 sqft
Price / Sqft
$129
Days on Market
13 days
Full Baths
2
Subdivision
Justus Eastgate
MLS #
MBR22087365
Listing Type
Residential
Market
MIBOR
Pending
Mar 17, 2026
1516 Wellington Avenue, Indianapolis, IN 46219 — Marion County
Nina Klemm
F.C. Tucker Company

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How this home compares across city, state, and national benchmarks
Listed at $249,900, this 4-bed house in Indianapolis. Compared to 786 other 4-bed homes in Indianapolis (averaging $391,301), this property is 36% below average. Indiana's median home value is $139,802, putting this listing 79% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 3714 homes for sale
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data