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$525,000
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Property Description
Tucked in the heart of Camelback East, 1940 E Indianola Ave blends mid-century charm with modern-day opportunity. The main house features 2 bedrooms plus a den and 2 bathrooms, plus a detached guest house that has its own bedroom, kitchen and bathroom. A perfect place for Airbnb, rental income, or family guests. Just minutes from top local spots like Culinary Dropout, The Henry, and Doughbird, and near shopping at Biltmore Fashion Park, Uptown Plaza, and Camelback Colonnade, this property offers flexibility, income potential, and unbeatable access to dining and retail in one of Phoenix's most walkable and vibrant areas.
Full Property Details
Full Property Details for 1940 E Indianola Ave E
General
- Price: $525,000
- Taxes: $2,201 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6882742
- Updated: 1/7/2026
- Added to Site: 210 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, 3/4 Bath Master Bdrm
- Appliances: Built-In Electric Oven
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Location
- County: Maricopa
- Township: 2N
- Subdivision: PATTERSON PLACE
- Cross Streets: Indian School and 20th St.
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Mini Split
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Builder: unkown
- Exterior Const.: Stucco, Wood Frame, Painted, Block
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1949
Additional Structures
- Other Structures: Separate Guest House
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,545
- Lot Size Source: Assessor
- Lot Features: Desert Back, Desert Front
Financial Considerations
- Tax Amount: $2,201
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 22 PATTERSON PLACE MCR 003840
- Property ID: 119-28-064
- Range: 3E
- Section: 27
- Lot Number: 22
Listed by Century 21 Seago
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Schools
Schools serving 1940 E Indianola Ave E
School Districts:Creighton Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Loma Linda Elementary School 2002 East Clarendon Avenue, Phoenix, AZ 85016 | K-8 | 0.1 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1940 E Indianola Ave E
Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$525,000
-2.23%
MLS
11/03/2025
Price Reduced
$537,000
-1.1%
MLS
8/17/2025
Price Reduced
$543,000
-0.82%
MLS
7/28/2025
Price Reduced
$547,500
-0.45%
MLS
6/19/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1940 E Indianola Ave E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,287
4%
$39,570
2%
2024
$2,201
15%
$38,960
-4%
2023
$1,922
4%
$40,500
16%
2022
$1,840
—
$35,010
36%
2022
$1,840
-4%
$25,830
13%
2021
$1,909
3%
$22,880
11%
2020
$1,859
1%
$20,670
12%
2019
$1,849
2%
$18,500
11%
2018
$1,808
4%
$16,730
11%
2017
$1,735
81%
$15,080
57%
2016
$956
7%
$9,600
11%
2015
$891
18%
$8,680
30%
2014
$756
16%
$6,670
29%
2013
$651
—
$5,170
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1940 E Indianola Ave E
1940 E Indianola Avenue E, Phoenix, AZ 85016 (MLS# 6882742) is a Single Family property with 2 bedrooms and 3 full bathrooms. 1940 E Indianola Avenue E is currently listed for $525,000 and was received on June 19, 2025. Want to learn more about 1940 E Indianola Avenue E? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

