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  • $340,233

    5504 Indianola Ave, Indianapolis, IN 46220

    2beds
    1,896sqft
    Residential, Single Family Residence
    Built in 1941
    7,840 Square Feet Lot
    $344,000 Zestimate®
    $179/sqft
    $2,184 Estimated rent

    Home value

    $344,000

    $316,000 - $375,000

    $2,184/mo

    Zestimate® history
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    What's special

    Cozy gas fireplaceNewly stained deckSpacious deckGranite countertopsUpdated kitchenAmple storageFully fenced backyard
    Welcome to this beautifully maintained home nestled in the heart of Broad Ripple! Featuring 2 spacious bedrooms, 1 updated bathroom, and a rare attached 1-car garage, this home perfectly blends vintage charm with thoughtful modern updates. Step inside to discover fresh interior paint and original hardwood floors that add warmth and character throughout. The sun-drenched living room with a cozy gas fireplace flows seamlessly into the open dining area and updated kitchen, complete with granite countertops, newer stainless steel appliances, and convenient access to your newly stained deck-ideal for morning coffee or evening gatherings. The primary bedroom includes two closets for ample storage, and the updated hall bath offers extra cabinetry. The bright, unfinished basement provides endless possibilities for added living space, a gym, or storage. The finished breezeway offers versatile space for a home office or a relaxing reading nook. Enjoy peace of mind with major mechanical upgrades including a new AC unit and furnace (2023), water heater (2019), and dryer (2023). The roof was replaced within the last 5 years, and the home is also protected by major plumbing improvements (2024) with a transferable 10-year warranty. Step outside into your fully fenced backyard oasis, complete with a spacious deck and room for a fire pit, garden, or entertaining area. You'll love the location-just a short walk to the Monon Trail, Mama Carolla's, Breadworks, and the 54th Street corridor. Whether you're biking the trail, grabbing coffee, or enjoying dinner out, this home puts you in the heart of it all.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lidia Casimiro Murrieta 317-490-3596,

    Keller Williams Indy Metro NE

    Bought with:

    Tara Cardinal

    Compass Indiana, LLC

    Caroline DeFazio

    Compass Indiana, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22035685MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Hardwood
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 2
    • Features: Hardwood
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Dining room
    • Features: Hardwood
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Kitchen
    • Features: Hardwood
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Living room
    • Features: Hardwood
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 17x13
    Office
    • Features: Carpet
    • Level: Main
    • Area: 64 Square Feet
    • Dimensions: 8x8
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Gas Cooktop, Dishwasher, Dryer, Disposal, Humidifier, Microwave, Oven, Refrigerator, Washer
    Features
    • Hardwood Floors, Eat-in Kitchen
    • Flooring: Hardwood
    • Basement: Storage Space,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Living Room
    Interior area
    • Total structure area: 1,896
    • Total interior livable area: 1,896 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Concrete, Garage Door Opener
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Fenced
    Lot
    • Size: 7,840 Square Feet
    Details
    • Parcel number: 490707112021000801
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl With Brick
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1941

    Utilities & green energy

    • Water: Municipal/City

    Community & HOA

    Community
    • Subdivision: 54th & Haverford
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $179/sqft
    • Tax assessed value: $362,900
    • Annual tax amount: $3,417
    • Date on market: 5/9/2025
    • Cumulative days on market: 3 days

    Price history

    DateEventPrice
    6/4/2025Sold$340,233-2.2%$179/sqft
    Source: MIBOR as distributed by MLS GRID #22035685 Report a problem
    5/12/2025Pending sale$347,999$184/sqft
    Source: MIBOR as distributed by MLS GRID #22035685 Report a problem
    5/9/2025Listed for sale$347,999+10.1%$184/sqft
    Source: MIBOR as distributed by MLS GRID #22035685 Report a problem
    9/23/2022Sold$316,000+0.3%$167/sqft
    Source: MIBOR as distributed by MLS GRID #21878292 Report a problem
    8/22/2022Pending sale$314,900$166/sqft
    Source: MIBOR as distributed by MLS GRID #21878292 Report a problem
    8/18/2022Listed for sale$314,900+46.5%$166/sqft
    Source: MIBOR as distributed by MLS GRID #21878292 Report a problem
    4/13/2018Sold$215,000$113/sqft
    Source: MIBOR as distributed by MLS GRID #21551466 Report a problem
    3/22/2018Price change$215,000+2.6%$113/sqft
    Source: MIBOR REALTOR Association #21551466 Report a problem
    3/17/2018Pending sale$209,500$110/sqft
    Source: MIBOR REALTOR Association #21551466 Report a problem
    3/15/2018Listed for sale$209,500+23.2%$110/sqft
    Source: MIBOR REALTOR Association #21551466 Report a problem
    4/6/2015Sold$170,000-5%$90/sqft
    Source: Public Record Report a problem
    12/13/2014Price change$178,900-0.6%$94/sqft
    Source: Nottingham Realty Group LLC #21324543 Report a problem
    11/12/2014Listed for sale$179,900$95/sqft
    Source: SGA Enterprises, Inc #21324543 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,989 +1.7%$362,900 +9.1%
    2024$3,924 +14.8%$332,600 +1%
    2023$3,417 +12%$329,400 +15.1%
    2022$3,050 +10.5%$286,100 +9%
    2021$2,760 +3.1%$262,400 +10.6%
    2020$2,678 +36.1%$237,300 +4.9%
    2019$1,968 +8%$226,200 +35%
    2018$1,822 -47.6%$167,500 -1.1%
    2017$3,478 +103.2%$169,400 +3.4%
    2016$1,712 +3.3%$163,900 +5.7%
    2014$1,657 +0.3%$155,000 +3.3%
    2013$1,652 $150,100 -15.8%
    2012$1,652 $178,200 +12.1%
    2011-- $159,000 -5.1%
    2010$1,905 +6%$167,500 +6.8%
    2009$1,797 $156,800 +6.1%
    2007-- $147,800 +13.9%
    2006-- $129,800 +23.4%
    2005-- $105,200
    2004-- $105,200
    2003-- $105,200 +200.6%
    2002-- $35,000 +199.9%
    2001-- $11,670
    2000-- $11,670
    Find assessor info on the county website

    Neighborhood: Canterbury

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $344,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $344,000