5627 Hill Rise Drive

Indianapolis, IN
$ 274,900 Beds 3 Baths 2.5 Sq 1,858
Monthly Estimate* How much can I afford?

Another $5,000 Price Drop!!! Back on Market as Buyer Could Not Get Financing; This is a Definite "Must See" Completely Updated Interior and Move-in Ready, 3 Bedroom, 2.5 Bathroom, 2 Story in the Popular Franklin Township Neighborhood of Farhill Downs...! Numerous updates throughout including a Fully Renovated and Extended Kitchen with Stainless Steel Frigidaire Appliances (less than 2 Years old), Farmhouse Sink, Refrigerator, Induction Glass Cook Top Stove, Electric Wall Oven/Airfryer, Microwave, Quartz Counter Top, Cabinets, Flooring and Recessed Lighting and Fixtures; Dining Area: Flooring and Lighting; Family Room: Updated Fire Place, Tile Flooring and Trim; Main Level Guest Bathroom: Toilet, Vanity, Mirror and Flooring; All Bedrooms: Updated Walk-In Closets with Built-In Storage; Kids Bedrooms: New Paint, Carpet and Lighting; The Large Fully-Fenced Backyard has New Decking surrounding an 8ft Steel Stock Tank Pool, Playset and a Large Air-Conditioned Mini-Barn/Workshop/She-Shed/Man Cave. NO HOA and Easy Access to Schools, Shopping and Highways make this one a great opportunity for your next address...!

Active

  • Price
  • $ 274,900
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Franklin
  • Lot Size
  • 0.25 Acres
  • Zip
  • 46237
  • Sqr Footage
  • 1,858
  • Year Built
  • 1976
  • Taxes
  • $ 2224
  • Style
  • Traditional
  • MLS#
  • 22096954
Listed By: Charlie Brown with MyHomeIndy.com;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Electric
Cooling Central Air
Utilities Sewer Connected,Water Connected
Possession Negotiable
Appliances Electric Cooktop,Dishwasher,Electric Water Heater,Microwave,Double Oven,Electric Oven,Range Hood,Refrigerator
Garage Spaces 2
Patio/Porch Features Patio
Architectural Style Traditional
Construction Materials Wood Brick
Year Built 1976
Township Franklin
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Farhill Downs
Facing Direction North
Garage Y/N Yes
Other Structures Outbuilding
Total Rooms 8
Full Baths 2
Status Active
Directions GPS Friendly
High School Franklin Central High School
City Indianapolis
High School District Franklin Township Com Sch Corp
MLS Area 4906 - Marion - Franklin
Lot Size Square Feet 10920
Elementary School Arlington Elementary School
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Middle/Junior High School Franklin Central Junior High
Property Condition Updated/Remodeled
Additional Parcels Y/N No
Standard Status Active
Tax Lot 49-10-34-114-060.000-300
Legal Description Farhill Downs Sec 6 L 329

Interior Features

Interior Amenities Attic Access,Entrance Foyer,Hi-Speed Internet Availbl,Eat-in Kitchen,Wood Work Painted
Total Fireplaces 1
Fireplace Features Living Room,Masonry,Wood Burning
Basement (Y/N) No
Half Baths 1
Laundry Features Main Level
Total Bedrooms 3
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Exterior Amenities Barn Mini
Fencing Full
Parking Features Attached
Lot Features Suburb,Mature Trees
Water Source Public
Foundation Details Block
Building Area Total 1858
Lot Size Acres 0.25
Other Equipment Smoke Alarm
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 Arlington Elementary School
Middle School Franklin Central Junior High
High School Franklin Central High School

Price History

4/22/2026 Listed $279,900
8/28/2026 2% - $274,900

Property vs Zip Code Average in 46237

Price
AVG $350K
$270K
Taxes
AVG $3,458
$2,224
Year Built
AVG 1995
1976
Visits
AVG 64
207
Data Provided by Inside Real Estate®

5627 Hill Rise Drive Indianapolis, IN is a Single Family Home for sale at $274900 with 1858 sqft and a lot size of 0.25 Acres Acre(s). 5627 Hill Rise Drive Indianapolis has 3 bedrooms, 2 baths and was built in 1976. The property's zip code is 46237 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.