Private corner lot property on .51 acres with a 2car attached garage and 2car detached garage. Living room with bay window, eat-in-kitchen with granite countertops & tile backsplash. Large primary bedroom with walk-in shower including 4 shower heads. Wood privacy deck with built-in hot tub & additional concrete patio. Updates include: Roof 2024, Water heater 2024, Newer kitchen appliances, interior paint, & vinyl plank flooring throughout. Multiple parking areas and open space to enjoy the outdoors.
Active
Price cut: $10K (8/4)
$225,000
5535 S State Ave, Indianapolis, IN 46227
2beds
1,196sqft
Residential, Single Family Residence
Built in 1926
0.51 Acres Lot
$223,600 Zestimate®
$188/sqft
$-- HOA
What's special
Multiple parking areasNewer kitchen appliancesInterior paintVinyl plank flooring throughout
- 133 days
- 792
- 99
Zillow last checked:
Listing updated:
Listed by:
Michael Price 317-292-6553,
REMAX ONE,
Jeff Schabel 317-507-5454,
REMAX ONE
Source: MIBOR as distributed by MLS GRID,MLS#: 22095421
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 260 Square Feet
- Dimensions: 20x13
Bedroom 2
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Dining room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Kitchen
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Living room
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Water Heater, Microwave, Electric Oven, Refrigerator
Features
- Attic Pull Down Stairs
- Has basement: No
- Attic: Pull Down Stairs
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,196
- Total interior livable area: 1,196 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Concrete, Detached
- Attached garage spaces: 4
- Details: Garage Parking Other(Garage Door Opener, Service Door)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
Lot
- Size: 0.51 Acres
- Features: Corner Lot, Mature Trees
Details
- Additional structures: Storage
- Parcel number: 491506124041000500
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Water: Private
Community & HOA
Community
- Subdivision: Elders Edgewood
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $261,300
- Annual tax amount: $2,890
- Date on market: 4/17/2026
- Cumulative days on market: 124 days
Estimated market value
$223,600
$212,000 - $235,000
$1,539/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $225,000-4.3%$188/sqft |
Source: | ||
| 7/15/2026 | Price change | $235,000-2.1%$196/sqft |
Source: | ||
| 6/22/2026 | Price change | $240,000-2%$201/sqft |
Source: | ||
| 6/5/2026 | Price change | $245,000-5.8%$205/sqft |
Source: | ||
| 5/28/2026 | Pending sale | $260,000$217/sqft |
Source: | ||
| 5/4/2026 | Price change | $260,000-1.9%$217/sqft |
Source: | ||
| 4/29/2026 | Listed for sale | $265,000$222/sqft |
Source: | ||
| 4/28/2026 | Pending sale | $265,000$222/sqft |
Source: | ||
| 4/17/2026 | Listed for sale | $265,000+32.5%$222/sqft |
Source: | ||
| 7/14/2021 | Sold | $200,000+0%$167/sqft |
Source: Public Record Report a problem | ||
| 6/8/2021 | Pending sale | $199,999$167/sqft |
Source: | ||
| 6/3/2021 | Price change | $199,999-0.5%$167/sqft |
Source: | ||
| 5/12/2021 | Listed for sale | $201,000$168/sqft |
Source: Owner Report a problem | ||
| 4/7/2021 | Pending sale | $201,000$168/sqft |
Source: Owner Report a problem | ||
| 3/27/2021 | Listed for sale | $201,000+151.6%$168/sqft |
Source: Owner Report a problem | ||
| 7/18/2002 | Sold | $79,900$67/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,889 -14.4% | $261,300 +15% |
| 2024 | $3,375 +8.1% | $227,300 -4.5% |
| 2023 | $3,122 +86.3% | $237,900 +10.1% |
| 2022 | $1,676 +10.4% | $216,100 +75.3% |
| 2021 | $1,518 +8.8% | $123,300 +6.8% |
| 2020 | $1,395 +15.1% | $115,400 +5.4% |
| 2019 | $1,211 +1.5% | $109,500 +9.4% |
| 2018 | $1,193 -4.6% | $100,100 +2.6% |
| 2017 | $1,250 +14% | $97,600 +2.3% |
| 2016 | $1,097 +10.2% | $95,400 +2.4% |
| 2014 | $996 -2.7% | $93,200 |
| 2013 | $1,023 | $93,200 +0.5% |
| 2012 | $1,023 | $92,700 -4.8% |
| 2011 | -- | $97,400 |
| 2010 | $979 +24.3% | $97,400 |
| 2009 | $787 | $97,400 -5.6% |
| 2007 | -- | $103,200 +9.2% |
| 2006 | -- | $94,500 +16.4% |
| 2005 | -- | $81,200 |
| 2004 | -- | $81,200 |
| 2003 | -- | $81,200 +128.7% |
| 2002 | -- | $35,500 +199.8% |
| 2001 | -- | $11,840 |
| 2000 | -- | $11,840 |
Find assessor info on the county website
Monthly payment
Est. payment





