It's hard to find a 3-bedroom 2 full bath under $200k, roof 1 yr old, new water heater, furnace serviced recently, 3-car garage, covered front porch, huge front and backyard, and original hardwood floors in 2 bedrooms. highest and best offer due, 6/16/26, 7 pm
Active
$199,000
5656 Madison Ave, Indianapolis, IN 46227
2beds
2,016sqft
Residential, Single Family Residence
Built in 1955
0.25 Acres Lot
$193,400 Zestimate®
$99/sqft
$-- HOA
What's special
Covered front porchFurnace serviced recentlyHuge front and backyardNew water heater
- 34 days |
- 701 |
- 48 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
No Hmung 317-319-0477,
Keller Williams Indy Metro Partners
Source: MIBOR as distributed by MLS GRID,MLS#: 22105677
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Family room
- Level: Basement
- Area: 240 Square Feet
- Dimensions: 20x12
Kitchen
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16x10
Laundry
- Features: Other
- Level: Basement
- Area: 100 Square Feet
- Dimensions: 10x10
Living room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 14x18
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Microwave, Electric Oven, Water Heater, Electric Water Heater, Washer, Refrigerator, Dryer, Dishwasher
- Laundry: In Basement
Features
- Attic Access
- Basement: Finished
- Attic: Access Only
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
- Finished area below ground: 1,008
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 0.25 Acres
- Features: Not Applicable
Details
- Additional structures: Storage
- Parcel number: 491506147007000500
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Other
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1955
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $235,800
- Annual tax amount: $2,626
- Date on market: 6/4/2026
- Cumulative days on market: 37 days
- Electric utility on property: Yes
Estimated market value
$193,400
$184,000 - $203,000
$1,689/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for sale | $199,000+1.8%$99/sqft |
Source:  MIBOR as distributed by MLS GRID #22105677 Report a problem | ||
| 11/22/2025 | Listing removed | $195,500$97/sqft |
Source: MIBOR as distributed by MLS GRID #22061151 Report a problem | ||
| 10/14/2025 | Price change | $195,500-10.5%$97/sqft |
Source: MIBOR as distributed by MLS GRID #22061151 Report a problem | ||
| 9/5/2025 | Listed for sale | $218,500+60.7%$108/sqft |
Source: MIBOR as distributed by MLS GRID #22061151 Report a problem | ||
| 3/19/2019 | Sold | $136,000+0.7%$67/sqft |
Source: MIBOR as distributed by MLS GRID #21616172 Report a problem | ||
| 2/7/2019 | Pending sale | $135,000$67/sqft |
Source: MIBOR REALTOR Association #21616172 Report a problem | ||
| 1/25/2019 | Listed for sale | $135,000+92.9%$67/sqft |
Source: MIBOR REALTOR Association #21616172 Report a problem | ||
| 1/12/2019 | Listing removed | $1,050$1/sqft |
Source: Marketplace Homes Report a problem | ||
| 11/30/2018 | Listed for rent | $1,050$1/sqft |
Source: Marketplace Homes Report a problem | ||
| 11/1/2018 | Sold | $70,000+60.9%$35/sqft |
Source: Public Record Report a problem | ||
| 6/29/2012 | Sold | $43,500$22/sqft |
Source: MIBOR as distributed by MLS GRID #21174576 Report a problem | ||
| 5/4/2012 | Price change | $43,500-17.1%$22/sqft |
Source: Homepath #21174576 Report a problem | ||
| 4/27/2012 | Listed for sale | -- |
Source: Homepath #21174576 Report a problem | ||
| 1/4/2012 | Sold | $52,500$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,627 +14.1% | $235,800 +13.3% |
| 2024 | $2,301 +7.9% | $208,100 +10.8% |
| 2023 | $2,133 +10.2% | $187,800 +10.7% |
| 2022 | $1,936 +5.8% | $169,700 +10.7% |
| 2021 | $1,830 +4.8% | $153,300 +5.7% |
| 2020 | $1,747 +10.3% | $145,000 +4.5% |
| 2019 | $1,584 +7% | $138,800 +7.1% |
| 2018 | $1,481 +5.2% | $129,600 +5.4% |
| 2017 | $1,407 +17.1% | $123,000 +8% |
| 2016 | $1,202 +69.2% | $113,900 +29.1% |
| 2014 | $710 -8.6% | $88,200 -4.2% |
| 2013 | $777 | $92,100 +1.9% |
| 2012 | $777 | $90,400 +1.8% |
| 2011 | -- | $88,800 |
| 2010 | $640 +26.7% | $88,800 |
| 2009 | $505 | $88,800 -6.4% |
| 2007 | -- | $94,900 +0.2% |
| 2006 | -- | $94,700 +16.8% |
| 2005 | -- | $81,100 |
| 2004 | -- | $81,100 |
| 2003 | -- | $81,100 +121% |
| 2002 | -- | $36,700 +200.1% |
| 2001 | -- | $12,230 |
| 2000 | -- | $12,230 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Edgewood
Nearby schools
GreatSchools rating
- 6/10Southport 6th Grade AcademyGrades: 6Distance: 0.8 mi
- 4/10Southport High SchoolGrades: 9-12Distance: 1 mi
- 6/10Southport Middle SchoolGrades: 7-8Distance: 0.8 mi
Schools provided by the listing agent
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46227
- Edgewood
- 5656 Madison Ave
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