5163 Indianola Avenue Indianapolis, IN $ 224,900
5163 Indianola Avenue
$ 224,900
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5163 Indianola Avenue

Indianapolis, IN, 46205
$ 224,900
Bedrooms2 Baths1.0 Sq 1,650

Monthly Estimate*

$ 1,553

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Single Family Home for sale in Indianapolis, IN

for $224,900 with 2 bedrooms and 1 full bath. This 1,650 square foot home was built in 1935 on a lot size of 0.16.

ATTENTION: Seller willing to contribute up to $10k concessions for buyer's closing costs with suitable offer! This classic SoBro bungalow is lifestyle-maxxing - putting Broad Ripple's restaurants, coffee shops, nightlife, and neighborhood favorites within an easy walk or bike ride. Situated in the best stretch of Broad Ripple, only four blocks from the Monon Trail and priced at $250,000 (recently dropped to $225k!), it offers an excellent chance to own in Indianapolis' most connected neighborhood. As you walk into the house, you'll immediately understand the care and maintenance that has gone into this home. Hardwood and tile floors exude character inside, while the full basement adds valuable storage and future potential. Out back, enjoy a fenced yard, patio, oversized storage shed, off-street parking with additional property extending beyond the rear fence. Quick access to College Ave and Keystone Ave, 52th St and Kessler, and Red Line makes getting anywhere in the city simple.

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Single Family Active

Price

$ 224,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,910

Style

Bungalow

Lot Size

0.16

Year Built

1935

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22113027

Features
Interior
Interior Amenities Attic Access Built-in Features
Basement Unfinished
Total Fireplaces 0
Basement (Y/N) Y
Half Baths 0
Laundry Features In Basement
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Total Baths 1
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General
Heating Forced Air Natural Gas
Cooling Central Air
Possession Closing Negotiable
Appliances Dishwasher Dryer Gas Water Heater Gas Oven Refrigerator Washer
Patio/Porch Features Porch
Architectural Style Bungalow
Construction Materials Wood Siding
Year Built 1935
Township Washington
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Mayfair
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 7100
Property Attached Y/N N
Standard Status Active
Tax Lot 51
Legal Description Mayfair Addition L51 B2
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Exterior
Exterior Amenities Storage
Fencing Full
Water Source Public
Foundation Details Block
Building Area Total 1650
Lot Size Acres 0.16
Horse Amenities None
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* Excluded Features
List By
@Properties

Broker

jmatthews@atpropertiesind.com

Email

Affordability Calculator

$1,796
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,553
Monthly Property Taxes
$243
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
9/8/2026$224,900 -10.00% Price Down
7/22/2026$249,900 Listed Price

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5163 Indianola Avenue, Indianapolis, IN, 46205 is a Single Family Home for sale at $224,900 with 1,650 sqft and a lot size of 0.16. 5163 Indianola Avenue has 2 bedrooms, 1.0 baths, and was built in 1935. The property's zip code is 46205 which is in Indianapolis, IN