Located just a few blocks from the Monon Trail and the vibrant shops and restaurants on 54th Street, this 4-bedroom, 2-bathroom Broad Ripple beauty blends classic charm with modern functionality. Situated on a spacious corner lot, the home features original hardwood floors, a limestone-wrapped fireplace, glass doorknobs, and a built-in dining room hutch that speaks to its timeless character. The main floor offers two bedrooms, a full bathroom, and a bright living room that leads to the dining room and kitchen. The finished basement adds incredible versatility with two additional bedrooms-each with egress windows-a second full bathroom, and a bonus room perfect for a home office, gym, or media space. A breezeway connects the home to the 2 car attached garage, providing covered access and extra storage. Out back, enjoy a large paver patio and fully fenced in-ideal for outdoor entertaining, pets, or simply relaxing in your own private retreat. This is Broad Ripple living at its best: walkable, charming, and move-in ready.
Sold
Street View
$400,000
5501 Indianola Ave, Indianapolis, IN 46220
4beds
2,160sqft
Residential, Single Family Residence
Built in 1941
9,147 Square Feet Lot
$404,800 Zestimate®
$185/sqft
$2,822 Estimated rent
Home value
$404,800
$376,000 - $437,000
$2,822/mo
Zestimate® history
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List your homeWhat's special
Finished basementLimestone-wrapped fireplaceEgress windowsBonus roomGlass doorknobsCorner lotBuilt-in dining room hutch
Zillow last checked:
Listing updated:
Listed by:
Kate Tuttle 317-691-7705,
@properties
Bought with:
Mary Wernke
Encore Sotheby's International
Christian Payne
Encore Sotheby's International
Source: MIBOR as distributed by MLS GRID,MLS#: 22064792
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Basement
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 4
- Level: Basement
- Area: 160 Square Feet
- Dimensions: 16x10
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Family room
- Level: Basement
- Area: 130 Square Feet
- Dimensions: 13x10
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Living room
- Level: Main
- Area: 308 Square Feet
- Dimensions: 22x14
Sun room
- Features: Tile-Ceramic
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned
- Laundry: In Basement
Features
- Hardwood Floors
- Flooring: Hardwood
- Basement: Egress Window(s),Partially Finished
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
- Finished area below ground: 972
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete
- Attached garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Fencing: Fenced,Full
Lot
- Size: 9,147 Square Feet
- Features: Curbs, Sidewalks
Details
- Parcel number: 490707112037000801
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Haverford
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $185/sqft
- Tax assessed value: $259,000
- Annual tax amount: $5,570
- Date on market: 9/25/2025
- Cumulative days on market: 10 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Sold | $400,000$185/sqft |
Source:  MIBOR as distributed by MLS GRID #22064792 Report a problem | ||
| 10/6/2025 | Pending sale | $400,000$185/sqft |
Source: MIBOR as distributed by MLS GRID #22064792 Report a problem | ||
| 9/25/2025 | Listed for sale | $400,000$185/sqft |
Source: MIBOR as distributed by MLS GRID #22064792 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,569 +1.9% | $259,000 +10.4% |
| 2024 | $5,467 -4.1% | $234,700 +1.8% |
| 2023 | $5,699 +11.8% | $230,500 -4.5% |
| 2022 | $5,098 +9.8% | $241,400 +9.2% |
| 2021 | $4,645 +2.8% | $221,000 +10.2% |
| 2020 | $4,521 +6.5% | $200,600 +4.8% |
| 2019 | $4,245 +10% | $191,500 +7.5% |
| 2018 | $3,858 +3.5% | $178,200 -1.1% |
| 2017 | $3,728 +0.9% | $180,200 +3.3% |
| 2016 | $3,694 +3.8% | $174,400 +6% |
| 2014 | $3,559 -16.5% | $164,600 +3.1% |
| 2013 | $4,260 | $159,600 -16% |
| 2012 | $4,260 | $189,900 +11.2% |
| 2011 | -- | $170,800 +0.4% |
| 2010 | $1,761 +4.8% | $170,200 +6.7% |
| 2009 | $1,680 | $159,500 +5.9% |
| 2007 | -- | $150,600 +13.5% |
| 2006 | -- | $132,700 +22.9% |
| 2005 | -- | $108,000 |
| 2004 | -- | $108,000 |
| 2003 | -- | $108,000 +201.7% |
| 2002 | -- | $35,800 +200.1% |
| 2001 | -- | $11,930 |
| 2000 | -- | $11,930 |
Find assessor info on the county website
Neighborhood: Canterbury
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Nearby schools
GreatSchools rating
- 4/10Eliza A. Blaker School 55Grades: PK-5Distance: 0.2 mi
- NABroad Ripple Middle School - An IB World SchoolGrades: 6-8Distance: 1.1 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 2.6 mi
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Estimated market value
$404,800
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Estimated market value
$404,800
- Indiana
- Marion County
- Indianapolis
- 46220
- Canterbury
- 5501 Indianola Ave
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