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2550 S Pennsylvania St, Indianapolis, IN, 46225

2beds
1baths
912sqft
$169,000
$185price/sqft
$1,258/moest. monthly cost
$50,320/yrincome needed

About This Home

Welcome home to this adorable 2-bedroom, 1-bath home conveniently located near Garfield Park with easy access to Downtown Indianapolis and I-70! Full of charm and functionality, this home features an HVAC system updated in 2022 and a new roof, offering peace of mind for years to come. A versatile bonus room provides the perfect space for storage, crafts, hobbies, or whatever fits your lifestyle. Enjoy your morning coffee or unwind at the end of the day on the cozy enclosed back porch. With its convenient location, charming spaces, and thoughtful updates, this home is ready for its next owner!

Getting Around

54
WalkingSomewhat Walkable
31
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1946

Materials

  • Foundation: Block
  • Construction materials: Aluminum Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater,Gas Oven,Refrigerator

Bedroom2

  • Level: Main
  • Area: 132
  • Dimensions: 11x12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Bonus Room

  • Level: Main
  • Area: 55
  • Dimensions: 5x11

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 912
  • Total interior livable area: 912 sqft

Kitchen

  • Level: Main
  • Area: 99
  • Dimensions: 9x11

Laundry

  • Level: Main
  • Area: 55
  • Dimensions: 5x11

Living Room

  • Level: Main
  • Area: 132
  • Dimensions: 11x12

Master Bedroom

  • Level: Main
  • Area: 143
  • Dimensions: 11x13

Property

Details

  • Parcel number: 491124101018000101
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 4,791 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $854$10,248
Home Insurance *$118$1,416
Property Taxes $102$1,224
Electricity $184$2,212
Total$1,258$15,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,131/yr
40% on housing$37,740/yr
45% on housing$33,546/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$185This listing

vs Other Active Listings

Avg $/sqft

ZIP 46225$110
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46225$126
Marion County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Price change$168,500
2026-07-22Price change$169,000
2026-07-15Listed for sale$175,000
2026-05-28Sold$110,000
2026-05-13Pending sale$110,000
2026-05-12Listed for sale$110,000

For Sale by Agent

AgentRJ LaChance
BrokerageTyler Knows Real Estate LLC

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