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ActivePrice cut: $10K (5/28)
$315,000
3beds
2,576sqft

4927 Flame Way, Indianapolis, IN 46254

3beds
2,576sqft
Residential, single family residence
Built in 1998
6,098 sqft
2 Attached garage spaces
$122 price/sqft
$21/mo HOA

What's special

Tray ceilingPlenty of storageGorgeous backsplashShaker cabinetsLarge center islandNewer roofDedicated laundry room

Step inside this beautifully updated and truly move-in ready home where comfort, style, and natural light come together seamlessly. This 2-story residence offers 3 bedrooms, 2.5 baths, and over 2,500 square feet of spacious living. The kitchen is the true centerpiece of the home, featuring shaker cabinets, a gorgeous backsplash, a large center island, and a tray ceiling. It's the perfect spot for cooking, gathering, and entertaining. The living room offers a cozy fireplace and an inviting atmosphere ideal for relaxing evenings or hosting guests. Upstairs, the primary suite includes a generous walk-in closet for added convenience. An open floor plan, dedicated laundry room, and plenty of storage make daily living easy. Step outside to the back patio and enjoy the fully usable outdoor space. The home also features a newer roof and a newer AC system, offering peace of mind for years to come. Built in 1998, this property combines modern updates with an efficient layout designed for both comfort and functionality. Come see all that this wonderful home has to offer and imagine the memories waiting to be made.

263 days
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179
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8
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Source: MIBOR as distributed by MLS GRID,MLS#: 22074767MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Jake Deputy 317-954-5986,

Trueblood Real Estate

Source: MIBOR as distributed by MLS GRID,MLS#: 22074767MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
Primary bedroom
  • Level: Upper
  • Area: 360 Square Feet
  • Dimensions: 20x18
Bedroom 2
  • Level: Upper
  • Area: 320 Square Feet
  • Dimensions: 20x16
Bedroom 3
  • Level: Upper
  • Area: 228 Square Feet
  • Dimensions: 19x12
Breakfast room
  • Features: Tile-Ceramic
  • Level: Main
  • Area: 100 Square Feet
  • Dimensions: 10x10
Dining room
  • Level: Main
  • Area: 150 Square Feet
  • Dimensions: 15x10
Family room
  • Level: Main
  • Area: 150 Square Feet
  • Dimensions: 15x10
Great room
  • Level: Main
  • Area: 240 Square Feet
  • Dimensions: 16x15
Kitchen
  • Features: Tile-Ceramic
  • Level: Main
  • Area: 150 Square Feet
  • Dimensions: 15x10
Laundry
  • Features: Tile-Ceramic
  • Level: Main
  • Area: 90 Square Feet
  • Dimensions: 15x06
Living room
  • Level: Main
  • Area: 195 Square Feet
  • Dimensions: 15x13
Heating
  • Forced Air, Natural Gas
Cooling
  • Central Air
Appliances
  • Included: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Gas Water Heater
  • Laundry: Main Level
Features
  • Attic Access, High Ceilings, Walk-In Closet(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Speed Internet, Pantry
  • Has basement: No
  • Attic: Access Only
  • Number of fireplaces: 1
  • Fireplace features: Family Room
Interior area
  • Total structure area: 2,576
  • Total interior livable area: 2,576 sqft

Property

Parking
  • Total spaces: 2
  • Parking features: Attached
  • Attached garage spaces: 2
Features
  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
Lot
  • Size: 6,098 Square Feet
Details
  • Parcel number: 490512114047000600
  • Horse amenities: None

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subtype: Residential, Single Family Residence
Materials
  • Brick, Vinyl Siding
  • Foundation: Slab
Condition
  • New construction: No
  • Year built: 1998

Utilities & green energy

  • Water: Public

Community & HOA

Community
  • Security: Security System
  • Subdivision: Falcons Nest
HOA
  • Has HOA: Yes
  • Services included: Entrance Common, Insurance, Maintenance, Management, Snow Removal, Trash
  • HOA fee: $250 annually
Location
  • Region: Indianapolis

Financial & listing details

  • Price per square foot: $122/sqft
  • Tax assessed value: $273,600
  • Annual tax amount: $5,380
  • Date on market: 12/5/2025
  • Cumulative days on market: 264 days

Price history

DateEventPrice
5/28/2026Price change$315,000-3.1%$122/sqft
Source: MIBOR as distributed by MLS GRID #22074767 Report a problem
12/5/2025Listed for sale$325,000+126.5%$126/sqft
Source: MIBOR as distributed by MLS GRID #22074767 Report a problem
4/30/2015Sold$143,500+1.1%$56/sqft
Source: MIBOR as distributed by MLS GRID #21336694 Report a problem
3/19/2015Pending sale$142,000$55/sqft
Source: CENTURY 21 Scheetz #21336694 Report a problem
2/18/2015Listed for sale$142,000-3.7%$55/sqft
Source: CENTURY 21 Scheetz #21336694 Report a problem
2/1/2014Listing removed$147,500$57/sqft
Source: CENTURY 21 Scheetz #21246937 Report a problem
11/17/2013Price change$147,500-1.7%$57/sqft
Source: CENTURY 21 Scheetz #21246937 Report a problem
10/8/2013Price change$150,000-1.6%$58/sqft
Source: CENTURY 21 Scheetz #21246937 Report a problem
8/28/2013Price change$152,500-1.6%$59/sqft
Source: CENTURY 21 Scheetz #21246937 Report a problem
7/28/2013Listed for sale$155,000+7%$60/sqft
Source: CENTURY 21 Scheetz #21246937 Report a problem
6/14/2007Sold$144,900$56/sqft
Source: MIBOR as distributed by MLS GRID #2717858 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$5,380 +9.5%$273,600 +13.9%
2024$4,912 +163%$240,200 -2.2%
2023$1,868 +9.1%$245,600 +31.5%
2022$1,712 +5.5%$186,800 +9.1%
2021$1,622 +3.2%$171,200 +5.5%
2020$1,571 +8.5%$162,200 +3.2%
2019$1,448 -0.3%$157,100 +8.5%
2018$1,453 -3.9%$144,800 +1.9%
2017$1,511 +99.4%$142,100 -1%
2016$758 -69.8%$143,600 +14.5%
2014$2,508 +832.6%$125,400 +16.7%
2013$269 $107,500 +1.5%
2012$269 $105,900 -2.1%
2011-- $108,200 -1.3%
2010$288 -25.6%$109,600 -7%
2009$387 $117,900 -17.4%
2007-- $142,800 +13.2%
2003-- $126,200 +34.8%
2002-- $93,600 +200%
2001-- $31,200
2000-- $31,200

Find assessor info on the county website

Monthly payment

Est. payment
$1,891/mo
Principal & interest
$1618
Property taxes
$252
HOA Fees
$21
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: North High School

Nearby schools

Deer Run Elementary School
Grades K-50.6 miles
4/10
GreatSchools® Rating
Test Score Rating
2/10
Academic Progress Rating
5/10
Guion Creek Middle School
Grades 6-81.4 miles
3/10
GreatSchools® Rating
Test Score Rating
2/10
Academic Progress Rating
4/10
Pike High School
Grades 9-122.4 miles
3/10
GreatSchools® Rating
College Readiness Rating
3/10