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  • $228,000

    4931 Norwaldo Ave, Indianapolis, IN 46205

    2beds
    1,730sqft
    Residential, Single Family Residence
    Built in 1930
    6,098 Square Feet Lot
    $230,800 Zestimate®
    $132/sqft
    $1,659 Estimated rent

    Home value

    $230,800

    $215,000 - $249,000

    $1,659/mo

    Zestimate® history
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    $1,506/mo

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    What's special

    Modern potentialOutdoor oasisVersatile spaceExpansive lotCozy eveningsVintage character
    Located in desired Broad Ripple, this single-family residence in Marion County presents an exciting opportunity to own a piece of the American dream. This charming home, built in 1930, offers a unique blend of vintage character and modern potential. The heart of this home is its living area, where 950 square feet of space provides a canvas for creating your ideal living environment; imagine cozy evenings spent in this space, enjoying the simple pleasures of homeownership. With thoughtful planning, this area can easily accommodate both relaxation and entertainment, making it a versatile space for your unique lifestyle. Outside, the property boasts a generous 5881 square foot lot, offering ample room to create your own outdoor oasis; envision summer barbecues, peaceful gardening, or simply enjoying the fresh air in your own private space. Home also has valuable updates include brand-new water lines, a tankless water heater, and a water softener in the basement, ensuring both efficiency and peace of mind. The possibilities are endless with this expansive lot, allowing you to tailor the outdoor area to your specific needs and desires. This one-story home includes two bedrooms and one full bathroom, presenting a comfortable and functional living space.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maurice Brown 317-797-7672,

    Berkshire Hathaway Home

    Bought with:

    Non-BLC Member

    MIBOR REALTOR® Association

    Source: MIBOR as distributed by MLS GRID,MLS#: 22056357MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 2
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Dining room
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Family room
    • Level: Main
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Kitchen
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer
    Features
    • Attic Access, Built-in Features, Ceiling Fan(s), Hardwood Floors, High Speed Internet, Smart Thermostat, Wired for Sound
    • Flooring: Hardwood
    • Windows: WoodWorkStain/Painted
    • Basement: Daylight,Unfinished
    • Attic: Access Only
    Interior area
    • Total structure area: 1,730
    • Total interior livable area: 1,730 sqft
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Porch
    • Exterior features: Lighting, Smart Lock(s)
    • Fencing: Fenced,Full
    Lot
    • Size: 6,098 Square Feet
    Details
    • Additional structures: Storage
    • Parcel number: 490707139599000801
    • Special conditions: Sales Disclosure On File,Sales Disclosure Supplements
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Residential, Single Family Residence
    Materials
    • Aluminum Siding, Stone
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Bellaire
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $132/sqft
    • Tax assessed value: $207,800
    • Annual tax amount: $2,040
    • Date on market: 8/26/2025
    • Cumulative days on market: 47 days

    Price history

    DateEventPrice
    11/13/2025Sold$228,000-6.9%$132/sqft
    Source: MIBOR as distributed by MLS GRID #22056357 Report a problem
    10/15/2025Pending sale$245,000$142/sqft
    Source: MIBOR as distributed by MLS GRID #22056357 Report a problem
    9/12/2025Price change$245,000-2%$142/sqft
    Source: MIBOR as distributed by MLS GRID #22056357 Report a problem
    8/26/2025Listed for sale$249,999+25.6%$145/sqft
    Source: MIBOR as distributed by MLS GRID #22056357 Report a problem
    12/23/2020Sold$199,000$115/sqft
    Source: MIBOR as distributed by MLS GRID #21752132 Report a problem
    11/19/2020Pending sale$199,000$115/sqft
    Source: Carpenter Realtors, Inc. #21752132 Report a problem
    11/13/2020Listed for sale$199,000+44.3%$115/sqft
    Source: Carpenter, REALTORS� #21752132 Report a problem
    7/18/2018Sold$137,900+2.2%$80/sqft
    Source: Public Record Report a problem
    6/7/2018Pending sale$134,900$78/sqft
    Source: MIBOR REALTOR Association #21566599 Report a problem
    6/2/2018Listed for sale$134,900$78/sqft
    Source: MIBOR REALTOR Association #21566599 Report a problem
    5/19/2018Pending sale$134,900$78/sqft
    Source: MIBOR REALTOR Association #21566599 Report a problem
    5/17/2018Listed for sale$134,900+12.4%$78/sqft
    Source: MIBOR REALTOR Association #21566599 Report a problem
    7/26/2017Sold$120,000+27.7%$69/sqft
    Source: Public Record Report a problem
    5/4/2012Sold$94,000-1.1%$54/sqft
    Source: Public Record Report a problem
    2/24/2012Listed for sale$94,999+13.1%$55/sqft
    Source: F. C. Tucker Company, Inc #21162321 Report a problem
    7/28/2006Sold$84,000$49/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,040 +0.5%$207,800 +19.1%
    2024$2,029 -4.6%$174,500
    2023$2,126 +5.6%$174,500 -3.9%
    2022$2,014 +23.5%$181,500 +3.1%
    2021$1,630 +3.8%$176,000 +23.2%
    2020$1,571 +44.8%$142,800 +5.2%
    2019$1,085 +50%$135,700 +29.5%
    2018$724 +30%$104,800 +17.1%
    2017$557 +0%$89,500 +12.2%
    2016$557 -20.9%$79,800 -9.3%
    2014$704 +55.6%$88,000
    2013$452 $88,000 +38.4%
    2012$452 $63,600 +29.5%
    2011-- $49,100
    2010$288 +11.5%$49,100
    2009$258 $49,100 -3.3%
    2007-- $50,800 -48.2%
    2006-- $98,100 +57.2%
    2005-- $62,400
    2004-- $62,400
    2003-- $62,400 +171.3%
    2002-- $23,000 +199.9%
    2001-- $7,670
    2000-- $7,670
    Find assessor info on the county website

    Neighborhood: Fairgrounds

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $230,800
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    Estimated market value
    $230,800