About This Home

This 2-bedroom, 1-bathroom single family at 5163 Indianola Avenue in Indianapolis, IN is listed for $224,900 ($273 per sqft). Built in 1935, the home offers 825 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1935
  • 0.16 acre lot

Property Details

1 story
1 full
1935

Amenities

HardwoodA/C
Listing Description

ATTENTION: Seller willing to contribute up to $10k concessions for buyer's closing costs with suitable offer! This classic SoBro bungalow is lifestyle-maxxing - putting Broad Ripple's restaurants, coffee shops, nightlife, and neighborhood favorites within an easy walk or bike ride.

Situated in the best stretch of Broad Ripple, only four blocks from the Monon Trail and priced at $250,000 (recently dropped to $225k!), it offers an excellent chance to own in Indianapolis' most connected neighborhood. As you walk into the house, you'll immediately understand the care and maintenance that has gone into this home.

Hardwood and tile floors exude character inside, while the full basement adds valuable storage and future potential. Out back, enjoy a fenced yard, patio, oversized storage shed, off-street parking with additional property extending beyond the rear fence. Quick access to College Ave and Keystone Ave, 52th St and Kessler, and Red Line makes getting anywhere in the city simple.

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

5163 Indianola Avenue

Indianapolis, IN 46205

Mayfair

Features & Amenities

Interior Features

Attic AccessBuilt-in Features

Exterior Features

Storage

Property Details

Flooring

Hardwood

Construction

Wood Siding

Outdoor Features

Porch

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

DishwasherDryerGas Water HeaterGas OvenRefrigeratorWasher

Questions & Answers

This 2-bedroom, 1-bathroom single family at 5163 Indianola Avenue is listed at $224,900 ($273/sqft). The estimated monthly payment is $1,203 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1935, 0.16 acre lot. Interior Features: Attic Access, Built-in Features. Exterior Features: Storage.

This property is listed by Joshua Matthews.

JM

Joshua Matthews

Agent at Plat Collective

Listed by Plat Collective · Broker phone: (317) 489-3441 · View on Broker Site

MLS# 22113027· Source: Broker Listing Cooperative®· 103 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5163 Indianola Avenue, Indianapolis, IN 46205

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