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$400,000

Listing Price

4beds

2baths

1,080sqft

9,235sqft lot

5501 Indianola Ave, Indianapolis, IN 46220

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

377.82

Price / sqft

1941

Year built

Home Details

Located just a few blocks from the Monon Trail and the vibrant shops and restaurants on 54th Street, this 4-bedroom, 2-bathroom Broad Ripple beauty blends classic charm with modern functionality. Situated on a spacious corner lot, the home features original hardwood floors, a limestone-wrapped fireplace, glass doorknobs, and a built-in dining room hutch that speaks to its timeless character. The main floor offers two bedrooms, a full bathroom, and a bright living room that leads to the dining room and kitchen. The finished basement adds incredible versatility with two additional bedrooms-each with egress windows-a second full bathroom, and a bonus room perfect for a home office, gym, or media space. A breezeway connects the home to the 2 car attached garage, providing covered access and extra storage. Out back, enjoy a large paver patio and fully fenced in-ideal for outdoor entertaining, pets, or simply relaxing in your own private retreat. This is Broad Ripple living at its best: walkable, charming, and move-in ready.

Interior Details

Square Feet
  • 1080

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 9235

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$4,633

$27,300

$173,300

--%

$200,600

2019

$4,633

$27,300

$164,200

--%

$191,500

2018

$4,355

$27,300

$150,900

--%

$178,200

2017

$3,933

$27,300

$152,900

--%

$180,200

2016

$3,727

$27,300

$147,100

--%

$174,400

2013

$3,318

$27,300

$137,300

--%

$164,600

2012

$4,260

$27,300

$132,300

--%

$159,600

2011

$1,760

$27,300

$143,500

--%

$170,800

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Average Home Price in 46220

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$340,000

2 Beds

-- Baths

986 Sqft

7,560 Lot (sqft)

Sold 10/28/2026

$365,000

3 Beds

-- Baths

1,161 Sqft

6,621 Lot (sqft)

Sold 07/10/2026

$302,103

2 Beds

-- Baths

1,068 Sqft

9,450 Lot (sqft)

Sold 07/07/2026

$330,917

2 Beds

1.5 Baths

1,018 Sqft

11,108 Lot (sqft)

Sold 10/27/2026

$204,539

3 Beds

-- Baths

1,000 Sqft

7,754 Lot (sqft)

Sold 10/27/2026

$286,555

3 Beds

-- Baths

1,078 Sqft

8,189 Lot (sqft)

Sold 10/27/2026

$268,329

2 Beds

-- Baths

1,240 Sqft

6,447 Lot (sqft)

Sold 10/27/2026

$252,744

3 Beds

1 Baths

925 Sqft

7,623 Lot (sqft)

Sold 10/27/2026

$287,524

2 Beds

-- Baths

926 Sqft

7,318 Lot (sqft)

Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
400,000
$
Down payment
80,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,400
$
HOA (Monthly)
0
$
PMI
0
$
$2,589
Your Payment
Total Monthly Payment:$2,589
Percent of Income:44%
Affordable:No

Details for 5501 INDIANOLA AVE

Property Debt

Foreclosure Contact Details