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  • $240,000

    5850 Indianola Ave, Indianapolis, IN 46220

    3beds
    2,289sqft
    Residential, Single Family Residence
    Built in 1950
    6,534 Square Feet Lot
    $241,700 Zestimate®
    $105/sqft
    $2,042 Estimated rent

    Home value

    $241,700

    $227,000 - $256,000

    $2,042/mo

    Zestimate® history
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    $2,042/mo

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    $1,606/mo

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    What's special

    This charming So-Bro bungalow is a rare opportunity to snag a prime location, without the Broad Ripple price tag! Being nestled just below Kessler Blvd means you are just a short bike-ride from everything Broad Ripple has to offer. This property is walking distance (less than .3 miles) from Canterbury Park, Broad Ripple Park, the Broad Ripple Farmer's Market, Diavola Pizza and much more! There is plenty of room to make smart updates to add value, but she is move-in ready! You'll see some well preserved quirks as you walk though that give Indianola all her personality! Stained glass detail on the front door, an interior door with some fun cutouts, wainscoting and a fun sunroom area off the kitchen just add to the potential you'll see everywhere! All of this, and a garage!? That Broad-Ripple life you've been dreaming of is calling!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dustin Branum 812-767-5525,

    BLK Key Realty

    Bought with:

    Britt Booram

    @properties

    Source: MIBOR as distributed by MLS GRID,MLS#: 22096557MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11 x 13
    Bedroom 2
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 115.5 Square Feet
    • Dimensions: 10.5 x 11
    Bedroom 3
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 110.25 Square Feet
    • Dimensions: 10.5 x 10.5
    Dining room
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 10 x 11
    Kitchen
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 26 x 8
    Living room
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 201.5 Square Feet
    • Dimensions: 15.5 x 13
    Sun room
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 10 x 13
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Gas Water Heater, Electric Oven, Washer, Water Heater
    Features
    • Eat-in Kitchen
    • Has basement: Yes
    Interior area
    • Total structure area: 2,289
    • Total interior livable area: 2,289 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Fenced,Chain Link,Full,Gate
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 490706109327000801
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Ranch,Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood With Stone
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Water: Public

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $105/sqft
    • Tax assessed value: $294,100
    • Annual tax amount: $3,192
    • Date on market: 5/13/2026
    • Cumulative days on market: 1 day

    Price history

    DateEventPrice
    5/27/2026Sold$240,000+2.1%$105/sqft
    Source: MIBOR as distributed by MLS GRID #22096557 Report a problem
    5/13/2026Pending sale$235,000$103/sqft
    Source: MIBOR as distributed by MLS GRID #22096557 Report a problem
    5/13/2026Listed for sale$235,000$103/sqft
    Source: MIBOR as distributed by MLS GRID #22096557 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,192 +3.9%$294,100 +9.8%
    2024$3,073 -1%$267,900 +3%
    2023$3,103 +11.1%$260,000 +0%
    2022$2,793 +7%$259,900 +8.2%
    2021$2,610 +2%$240,300 -1.6%
    2020$2,560 +4.6%$244,300 +13.2%
    2019$2,448 +15.5%$215,900 +5.3%
    2018$2,119 +1.7%$205,000 +4.3%
    2017$2,083 +1.8%$196,600 +1.7%
    2016$2,047 +1.9%$193,300 +3.6%
    2014$2,008 +8.9%$186,500 +7%
    2013$1,845 $174,300 -5.5%
    2012$1,845 $184,400 +1.7%
    2011-- $181,400
    2010$1,881 -4.1%$181,400 -2.1%
    2009$1,961 $185,300 +8.2%
    2007-- $171,300 -3.6%
    2006-- $177,700 +35.4%
    2005-- $131,200
    2004-- $131,200
    2003-- $131,200 +200.9%
    2002-- $43,600 +200.1%
    2001-- $14,530
    2000-- $14,530
    Find assessor info on the county website

    Neighborhood: Canterbury

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $241,700
    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
    $241,700