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.
Pending
Price cut: $8.9K (6/5)
$214,100
5534 Hill Rise Dr, Indianapolis, IN 46237
4beds
2,713sqft
Residential, Single Family Residence
Built in 1976
0.25 Acres Lot
$-- Zestimate®
$79/sqft
$-- HOA
What's special
Functional layout
- 97 days |
- 444 |
- 36 |
Zillow last checked:
Listing updated:
Listed by:
Teresa Homan 678-916-9358,
Mainstay Brokerage LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22090968
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
- 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: 86 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Pending sale | $214,100$79/sqft |
Source:  MIBOR as distributed by MLS GRID #22090968 Report a problem | ||
| 6/5/2026 | Price change | $214,100-4%$79/sqft |
Source: MIBOR as distributed by MLS GRID #22090968 Report a problem | ||
| 4/21/2026 | Listed for sale | $223,000$82/sqft |
Source: MIBOR as distributed by MLS GRID #22090968 Report a problem | ||
| 4/10/2026 | Pending sale | $223,000$82/sqft |
Source: MIBOR as distributed by MLS GRID #22090968 Report a problem | ||
| 3/26/2026 | Listed for sale | $223,000+195.8%$82/sqft |
Source: MIBOR as distributed by MLS GRID #22090968 Report a problem | ||
| 11/22/2025 | Listing removed | $1,640$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/13/2025 | Price change | $1,640-2.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2025 | Price change | $1,685-2.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/30/2025 | Price change | $1,730-6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/23/2025 | Price change | $1,840-4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/13/2025 | Price change | $1,920-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/10/2025 | Listed for rent | $1,960+16%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/23/2025 | Listing removed | $1,690$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/4/2024 | Listed for rent | $1,690$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/27/2024 | Listing removed | $1,690$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/13/2024 | Listed for rent | $1,690+57.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/17/2017 | Listing removed | $1,075-15.7% |
Source: FirstKey Homes Report a problem | ||
| 8/31/2016 | Listing removed | $1,275+2% |
Source: FirstKey Mortgage, LLC Report a problem | ||
| 7/1/2014 | Listing removed | $1,250 |
Source: BLT Homes, Inc. Report a problem | ||
| 6/20/2014 | Listed for rent | $1,250 |
Source: BLT Homes, Inc. Report a problem | ||
| 1/8/2014 | Sold | $75,400-23.8%$28/sqft |
Source: MIBOR as distributed by MLS GRID #21256579 Report a problem | ||
| 12/12/2013 | Pending sale | $99,000$36/sqft |
Source: RE/MAX Advanced Realty #21256579 Report a problem | ||
| 11/20/2013 | Listed for sale | $99,000$36/sqft |
Source: RE/MAX Advanced Realty #21256579 Report a problem | ||
| 11/13/2013 | Pending sale | $99,000$36/sqft |
Source: RE/MAX Advanced Realty #21256579 Report a problem | ||
| 11/6/2013 | Listed for sale | $99,000$36/sqft |
Source: RE/MAX Advanced Realty #21256579 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $23,630 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: South Emerson
Nearby schools
GreatSchools rating
- 5/10Arlington Elementary SchoolGrades: K-3Distance: 1.2 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 5.1 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 3.4 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46237
- South Emerson
- 5534 Hill Rise Dr
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