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  • $214,000

    5534 Hill Rise Dr, Indianapolis, IN 46237

    4beds
    2,713sqft
    Residential, Single Family Residence
    Built in 1976
    0.25 Acres Lot
    $214,000 Zestimate®
    $79/sqft
    $1,912 Estimated rent

    Home value

    $214,000

    $203,000 - $225,000

    $1,912/mo

    Zestimate® history
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    $1,392/mo

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    $1,392/mo

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    What's special

    Functional layout
    Spacious two-story home featuring 4 bedrooms, 2 bathrooms, and a 2-car garage with a functional layout and plenty of room to spread out. The main living areas offer great space for both everyday living and entertaining, while the kitchen provides ample cabinet and counter space and opens to the dining and living areas. The primary suite includes an en-suite bathroom and generous closet space. Additional bedrooms offer flexibility for guests, home office, or hobbies. Full basement provides additional storage or potential for future finishing. Large backyard offers space to relax or entertain. Great opportunity with tons of potential! One or more photos has been virtually staged.

    Zillow last checked:

    Listing updated:

    Listed by:

    Teresa Homan 678-916-9358,

    Mainstay Brokerage LLC

    Bought with:

    Sascha Fallahi

    United Real Estate Indpls

    Source: MIBOR as distributed by MLS GRID,MLS#: 22090968MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 200 Square Feet
    • Dimensions: 10X20
    Bedroom 2
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 16X9
    Bedroom 3
    • Level: Upper
    • Area: 99 Square Feet
    • Dimensions: 9X11
    Bedroom 4
    • Level: Upper
    • Area: 143 Square Feet
    • Dimensions: 13X11
    Dining room
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 9X11
    Family room
    • Level: Main
    • Area: 264 Square Feet
    • Dimensions: 24X11
    Kitchen
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12zx11
    Living room
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 16X11
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Oven, Refrigerator
    Features
    • Entrance Foyer
    • Has basement: Yes
    Interior area
    • Total structure area: 2,713
    • Total interior livable area: 2,713 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 491034114046000300
    • Special conditions: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick, Vinyl With Brick
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Water: Other

    Community & HOA

    Community
    • Subdivision: Farhill Downs
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $79/sqft
    • Tax assessed value: $246,100
    • Annual tax amount: $4,536
    • Date on market: 3/26/2026
    • Cumulative days on market: 64 days

    Price history

    DateEventPrice
    7/24/2026Sold$214,0000%$79/sqft
    Source: MIBOR as distributed by MLS GRID #22090968 Report a problem
    6/10/2026Pending sale$214,100$79/sqft
    Source: MIBOR as distributed by MLS GRID #22090968 Report a problem
    6/5/2026Price change$214,100-4%$79/sqft
    Source: MIBOR as distributed by MLS GRID #22090968 Report a problem
    4/21/2026Listed for sale$223,000$82/sqft
    Source: MIBOR as distributed by MLS GRID #22090968 Report a problem
    4/10/2026Pending sale$223,000$82/sqft
    Source: MIBOR as distributed by MLS GRID #22090968 Report a problem
    3/26/2026Listed for sale$223,000+195.8%$82/sqft
    Source: MIBOR as distributed by MLS GRID #22090968 Report a problem
    11/22/2025Listing removed$1,640$1/sqft
    Source: Zillow Rentals Report a problem
    11/13/2025Price change$1,640-2.7%$1/sqft
    Source: Zillow Rentals Report a problem
    11/7/2025Price change$1,685-2.6%$1/sqft
    Source: Zillow Rentals Report a problem
    10/30/2025Price change$1,730-6%$1/sqft
    Source: Zillow Rentals Report a problem
    10/23/2025Price change$1,840-4.2%$1/sqft
    Source: Zillow Rentals Report a problem
    10/13/2025Price change$1,920-2%$1/sqft
    Source: Zillow Rentals Report a problem
    10/10/2025Listed for rent$1,960+16%$1/sqft
    Source: Zillow Rentals Report a problem
    1/23/2025Listing removed$1,690$1/sqft
    Source: Zillow Rentals Report a problem
    12/4/2024Listed for rent$1,690$1/sqft
    Source: Zillow Rentals Report a problem
    11/27/2024Listing removed$1,690$1/sqft
    Source: Zillow Rentals Report a problem
    11/13/2024Listed for rent$1,690+57.2%$1/sqft
    Source: Zillow Rentals Report a problem
    1/17/2017Listing removed$1,075-15.7%
    Source: FirstKey Homes Report a problem
    8/31/2016Listing removed$1,275+2%
    Source: FirstKey Mortgage, LLC Report a problem
    7/1/2014Listing removed$1,250
    Source: BLT Homes, Inc. Report a problem
    6/20/2014Listed for rent$1,250
    Source: BLT Homes, Inc. Report a problem
    1/8/2014Sold$75,400-23.8%$28/sqft
    Source: MIBOR as distributed by MLS GRID #21256579 Report a problem
    12/12/2013Pending sale$99,000$36/sqft
    Source: RE/MAX Advanced Realty #21256579 Report a problem
    11/20/2013Listed for sale$99,000$36/sqft
    Source: RE/MAX Advanced Realty #21256579 Report a problem
    11/13/2013Pending sale$99,000$36/sqft
    Source: RE/MAX Advanced Realty #21256579 Report a problem
    11/6/2013Listed for sale$99,000$36/sqft
    Source: RE/MAX Advanced Realty #21256579 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,536 +4.9%$246,100 +8.5%
    2024$4,324 +3.9%$226,800 +4.9%
    2023$4,161 +15.5%$216,200 +3.9%
    2022$3,603 +10.7%$208,000 +15.5%
    2021$3,255 +9.3%$180,100 +10.7%
    2020$2,979 +29.2%$162,700 +9.5%
    2019$2,306 -7.4%$148,600 +11.4%
    2018$2,489 -0.9%$133,400 +8.8%
    2017$2,513 +12.4%$122,600 +1.4%
    2016$2,235 +2.1%$120,900 +10.7%
    2014$2,189 +105%$109,200
    2013$1,068 $109,200 +3.2%
    2012$1,068 $105,800 -8.3%
    2011-- $115,400 -9.8%
    2010$1,297 +22%$127,900 +21.9%
    2009$1,063 $104,900 -19.2%
    2007-- $129,900 -6.1%
    2006-- $138,300 +27.9%
    2005-- $108,100
    2004-- $108,100
    2003-- $108,100 +52.5%
    2002-- $70,900 +200%
    2001-- $23,630
    2000-- $23,630
    Find assessor info on the county website

    Neighborhood: South Emerson

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Arlington Elementary School
    • Middle: Franklin Central Junior High
    • High: Franklin Central 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
    $214,000
    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
    $214,000