5734 Indianola Avenue Indianapolis, IN $ 450,000
5734 Indianola Avenue
$ 450,000
Open House 10/17 12pm - 2pm
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5734 Indianola Avenue

Indianapolis, IN, 46220
$ 450,000
Bedrooms4 Baths2.1 Sq 2,331

Monthly Estimate*

$ 3,108

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Single Family Home for sale in Indianapolis, IN

for $450,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,331 square foot home was built in 1937 on a lot size of 0.15.

Back on the market through no fault of the seller after the previous buyer withdrew just before closing. A fresh opportunity for a new buyer to make this home their own! This Broad Ripple gem feels like an entirely new listing. Offering 4 bedrooms and 2.5 bathrooms, the layout is a rare find for the area, featuring 3 bedrooms and 2.5 bathrooms all on the main level-something you simply don't see often in Broad Ripple. The partially finished basement provides valuable flexibility for a second living space, home office, workout room, or private 4th bedroom. Step outside to enjoy the fully fenced backyard, perfect for pets, entertaining, or relaxing evenings, along with a newer detached garage for added convenience and storage. Location is everything, and this home delivers. Just minutes from the Monon Trail, Broad Ripple Avenue, and College Avenue, you'll have easy access to some of Indianapolis' best restaurants, coffee shops, boutiques, breweries, and neighborhood attractions. Whether you're looking for extra space, walkability, or the vibrant Broad Ripple lifestyle, this home offers a combination of features and location that's hard to find.

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Open House

10/17/2026 12:00 PM - 2:00 PM
5734 Indianola Avenue Indianapolis, IN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 450,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 5,174

Style

Traditional

Lot Size

0.15

Year Built

1937

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22096920

Features
Interior
Interior Amenities High Ceilings Kitchen Island Pantry Walk-In Closet(s)
Basement Egress Window(s) Finished Ceiling Partially Finished
Total Fireplaces 1
Fireplace Features Gas Starter Living Room
Basement (Y/N) Y
Half Baths 1
Laundry Features In Basement
Total Bedrooms 4
Below Grade Finished Area 390
Main Level Bedrooms 3
Total Baths 3
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General
Heating Forced Air Gas
Cooling Central Air
Utilities Cable Available Natural Gas Connected
Possession Closing
Appliances Dishwasher Dryer Microwave Gas Oven Refrigerator Tankless Water Heater Washer
Garage Spaces 1
Patio/Porch Features Deck Glass Enclosed
Architectural Style Traditional
Construction Materials Cedar Wood Brick
Year Built 1937
Township Washington
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Maple Lawn
Garage Y/N Y
Total Rooms 13
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 6621
Property Attached Y/N N
Virtual Tour https://property-expressions-of-indy.aryeo.com/sites/ekpzdgaw/unbranded https://property-expressions-of-indy.aryeo.com/sites/5734-indianola-ave-indianapolis-in-46220-24114559/branded
Standard Status Active
Tax Lot 200
Legal Description Maple Lawn L200
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Exterior
Fencing Full
Parking Features Detached
Lot Features Mature Trees
Water Source Public
Foundation Details Block
Building Area Total 2331
Lot Size Acres 0.15
Other Equipment Smoke Alarm Sump Pump
Horse Amenities None
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* Excluded Features
List By
Exp Realty Llc

Broker

dhubbard@locksteprealty.com

Email

Affordability Calculator

$3,539
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,108
Monthly Property Taxes
$431
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2026$450,000 -4.26% Price Down
7/30/2026$469,999 -1.05% Price Down
7/14/2026$475,000 -2.06% Price Down
5/7/2026$485,000 -2.81% Price Down
4/23/2026$499,000 Listed Price

Map


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5734 Indianola Avenue, Indianapolis, IN, 46220 is a Single Family Home for sale at $450,000 with 2,331 sqft and a lot size of 0.15. 5734 Indianola Avenue has 4 bedrooms, 2.1 baths, and was built in 1937. The property's zip code is 46220 which is in Indianapolis, IN