5163 Indianola Avenue

Indianapolis, IN
$ 224,900 Beds 2 Baths 1 Sq 1,650
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 224,900
  • City
  • Indianapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Washington
  • Lot Size
  • 0.16 Acres
  • Zip
  • 46205
  • Sqr Footage
  • 1,650
  • Year Built
  • 1935
  • Taxes
  • $ 2910
  • Style
  • Bungalow
  • MLS#
  • 22113027
Listed By: Joshua Matthews with @properties;
Data Source: MIBOR Broker Listing Cooperative

Features

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 No
Property Type Residential
HOA No
Subdivision Name Mayfair
Garage Y/N No
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 No
Standard Status Active
Tax Lot 51
Legal Description Mayfair Addition L51 B2

Interior Features

Interior Amenities Attic Access,Built-in Features
Basement Unfinished
Basement (Y/N) Yes
Laundry Features In Basement
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Exterior Amenities Storage
Fencing Full
Water Source Public
Foundation Details Block
Building Area Total 1650
Lot Size Acres 0.16
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 Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/22/2026 Listed $249,900
9/8/2026 11% - $224,900

Property vs Zip Code Average in 46205

Price
AVG $350K
$220K
Taxes
AVG $3,902
$2,910
Year Built
AVG 1937
1935
Visits
AVG 74
37
Data Provided by Inside Real Estate®

5163 Indianola Avenue Indianapolis, IN is a Single Family Home for sale at $224900 with 1650 sqft and a lot size of 0.16 Acres Acre(s). 5163 Indianola Avenue Indianapolis has 2 bedrooms, 1 baths and was built in 1935. The property's zip code is 46205 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.