Fully renovated and truly move-in ready, this beautifully updated home sits on a rare half-acre lot and qualifies for Down Payment Assistance Grants. Offering modern finishes, functional design, and exceptional outdoor space, this home is an ideal option for first-time buyers, growing households, or anyone seeking an updated home with land and no HOA. The open-concept interior features all-new flooring throughout and a modern kitchen with granite countertops and brand-new stainless steel appliances, creating a bright and inviting space for everyday living and entertaining. Major updates have already been completed, including a new roof and full interior renovation, providing peace of mind and low-maintenance ownership. Outside, enjoy an oversized, fully fenced backyard with mature trees-perfect for pets, play, gardening, or relaxing evenings around a firepit. The 2-car detached garage and additional parking offer ample space for vehicles, storage, or hobbies. Located in the Southport School District and offering the freedom of no HOA, this property combines a large lot, modern updates, and a convenient location-features buyers consistently search for and value. This home qualifies for down payment grant programs, making homeownership more accessible and affordable. Homes with this level of renovation, yard space, and financing opportunity are rare. Schedule your private showing today and explore your options to make this move-in ready home yours.
Sold
$250,000
5524 S Walcott St, Indianapolis, IN 46227
3beds
1,608sqft
Residential, Single Family Residence
Built in 1922
0.46 Acres Lot
$252,800 Zestimate®
$155/sqft
$1,515 Estimated rent
Home value
$252,800
$238,000 - $270,000
$1,515/mo
Zestimate® history
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$1,635/mo
Est. payment
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$1,635/mo
Est. payment
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List your homeWhat's special
Modern finishesModern kitchenAdditional parkingOpen-concept interiorFunctional designExceptional outdoor spaceGranite countertops
Zillow last checked:
Listing updated:
Listing Provided by:
Denis O'Brien 317-345-0785,
Keller Williams Indy Metro S,
Teddy Conn 765-617-9007,
Keller Williams Indy Metro S
Bought with:
Matthew Henninger
RE/MAX Advanced Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22078263
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Bonus room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Dining room
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Laundry
- Level: Main
- Area: 35 Square Feet
- Dimensions: 7x5
Living room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18x14
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater, Gas Oven, Refrigerator
- Laundry: Connections All, Laundry Room, Main Level
Features
- Attic Access, Attic Pull Down Stairs, Ceiling Fan(s), Hardwood Floors, High Speed Internet, Eat-in Kitchen, Pantry, Smart Thermostat, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: Daylight,Partial,Unfinished
- Attic: Access Only,Pull Down Stairs
Interior area
- Total structure area: 1,608
- Total interior livable area: 1,608 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Gravel, Garage Door Opener
- Garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener, Service Door)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Lighting, Fire Pit
- Fencing: Fenced,Chain Link,Full,Gate
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.46 Acres
- Features: Not In Subdivision, Mature Trees
Details
- Parcel number: 491506124042000500
- Special conditions: None,Broker Owned
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding, Stone
- Foundation: Concrete Perimeter, Block, Partial
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1922
Utilities & green energy
- Electric: 100 Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Indianapolis
- Subdivision: Elders Edgewood
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Sold | $250,000$155/sqft |
Source:  MIBOR as distributed by MLS GRID #22078263 Report a problem | ||
| 2/7/2026 | Pending sale | $250,000$155/sqft |
Source: MIBOR as distributed by MLS GRID #22078263 Report a problem | ||
| 1/21/2026 | Price change | $250,000-2%$155/sqft |
Source: MIBOR as distributed by MLS GRID #22078263 Report a problem | ||
| 1/16/2026 | Listed for sale | $255,000+88.9%$159/sqft |
Source: MIBOR as distributed by MLS GRID #22078263 Report a problem | ||
| 9/24/2025 | Sold | $135,000$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,940 -1.8% | $184,300 +14.5% |
| 2024 | $1,976 +3.1% | $160,900 -4.3% |
| 2023 | $1,917 +23.9% | $168,100 +10.1% |
| 2022 | $1,548 +10% | $152,700 +22.7% |
| 2021 | $1,407 +8.7% | $124,400 +6.4% |
| 2020 | $1,294 +15.9% | $116,900 +5.2% |
| 2019 | $1,116 +3.6% | $111,100 +9.6% |
| 2018 | $1,078 -5.1% | $101,400 +3.5% |
| 2017 | $1,136 +14.9% | $98,000 +2.3% |
| 2016 | $989 +8.1% | $95,800 +1.1% |
| 2014 | $915 -0.6% | $94,800 |
| 2013 | $921 | $94,800 +1.5% |
| 2012 | $921 | $93,400 -8.1% |
| 2011 | -- | $101,600 |
| 2010 | $923 +26.7% | $101,600 |
| 2009 | $729 | $101,600 -5.8% |
| 2007 | -- | $107,900 +9.1% |
| 2006 | -- | $98,900 +16.8% |
| 2005 | -- | $84,700 |
| 2004 | -- | $84,700 |
| 2003 | -- | $84,700 +135.9% |
| 2002 | -- | $35,900 +199.9% |
| 2001 | -- | $11,970 -0.5% |
| 2000 | -- | $12,030 |
Find assessor info on the county website
Neighborhood: Edgewood
Nearby schools
GreatSchools rating
- 6/10Southport 6th Grade AcademyGrades: 6Distance: 0.5 mi
- 4/10Southport High SchoolGrades: 9-12Distance: 1.3 mi
- 6/10Southport Middle SchoolGrades: 7-8Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Clinton Young Elementary School
- Middle: Southport Middle School
- High: Southport High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$252,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$252,800
- Indiana
- Marion County
- Indianapolis
- 46227
- Edgewood
- 5524 S Walcott St
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