5608 Rinehart Avenue

Indianapolis, IN
$ 197,000 Beds 3 Baths 1.5 Sq 2,184
Monthly Estimate* How much can I afford?

Back on market - home appraised conventional for $203,000 but financing fell apart for buyers. Pictures will be updated since it is now vacant. Brick and stone home in Wayne Township sitting in a quiet westside neighborhood is this charming brick ranch with a full basement. Needs a little TLC but waiting for a new family to love it. 3 beds and 2 baths and built in 1963. Some original hardwoods. Living room has plenty of space to watch Netflix and pop the popcorn! Kitchen has updated cabinets and the appliances all stay. Home is 1,092 square feet on main level but then there is a full unfinished basement with several rooms and one fireplace with tons of potential ready for your imagination to double the square footage of the home. Heat is gas and there is a gas stove. Backyard is partially fenced and if you have a dog he will love the running area. No HOA. Driveway to a one car attached garage so you do not need to park on street. Home is in an estate and currently vacant for easy shows! Room sizes are approximate.

Active

  • Price
  • $ 197,000
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Wayne
  • Lot Size
  • 0.2 Acres
  • Zip
  • 46241
  • Sqr Footage
  • 2,184
  • Year Built
  • 1963
  • Taxes
  • $ 1528
  • Style
  • Ranch
  • MLS#
  • 22091196
Listed By: Janet Giles with Your Realty Link, LLC;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Cable Available,Sewer Connected,Water Connected
Possession Closing
Appliances Gas Cooktop,Exhaust Fan,Refrigerator
Garage Spaces 1
Architectural Style Ranch
Construction Materials Brick
Year Built 1963
Township Wayne
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Cloverleaf Farms
Garage Y/N Yes
Total Rooms 8
Full Baths 1
Status Active
Directions GPS Friendly
High School Ben Davis High School
City Indianapolis
High School District MSD Wayne Township
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 8494
Elementary School Rhoades Elementary School
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Additional Parcels Y/N No
Standard Status Active
Tax Lot 139
Legal Description Cloverleaf Farms Fourth Section L139

Interior Features

Interior Amenities Paddle Fan
Basement Full
Basement (Y/N) Yes
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Exterior Amenities Storage Shed
Fencing Partial
Parking Features Attached,Asphalt
Water Source Public
Foundation Details Block
Spa No
Building Area Total 2184
Lot Size Acres 0.2
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Rhoades Elementary School
Middle School Unknown Middle School
High School Ben Davis High School

Price History

6/3/2026 Listed $192,500

Property vs Zip Code Average in 46241

Price
AVG $180K
$200K
Taxes
AVG $2,061
$1,528
Year Built
AVG 1954
1963
Visits
AVG 79
158
Data Provided by Inside Real Estate®

5608 Rinehart Avenue Indianapolis, IN is a Single Family Home for sale at $197000 with 2184 sqft and a lot size of 0.2 Acres Acre(s). 5608 Rinehart Avenue Indianapolis has 3 bedrooms, 1 baths and was built in 1963. The property's zip code is 46241 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.