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3537 N Gale St, Indianapolis, IN, 46218

5beds
2baths
3,072sqft
$170,000
$55price/sqft
$1,678/moest. monthly cost
$67,120/yrincome needed

About This Home

Spacious 5 bedroom, 2 bath home on large lot in quiet residential neighborhood. Upstairs are 3 bedrooms, 1 full bath, family room and eat-in kitchen. Downstairs is another family room, 2 bedrooms, full bath and laundry room.

Getting Around

44
WalkingCar-Dependent
39
TransitSome Transit
43
BikeSomewhat Bikeable

Schools

2/10
Arlington Woods School 99Grades PK-60.7 mi
2/10
Shortridge High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Stone,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom2

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedroom3

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Bedroom4

  • Level: Basement
  • Area: 144
  • Dimensions: 12x12

Bedroom5

  • Level: Basement
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Family Room

  • Level: Basement
  • Area: 256
  • Dimensions: 16x16

Features

  • Hardwood Floors,Eat-in Kitchen,High Speed Internet
  • Flooring: Hardwood
  • Finished area below ground: 1,024

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 3,072
  • Total interior livable area: 3,072 sqft

Kitchen

  • Level: Main
  • Area: 168
  • Dimensions: 12x14

Living Room

  • Level: Main
  • Area: 196
  • Dimensions: 14x14

Master Bedroom

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Property

Details

  • Parcel number: 490720109256000101
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,969 sqft

Parking

  • Parking features: Asphalt,None

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 WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Lightning
Strong Wind
Winter Weather

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 $859$10,308
Home Insurance *$216$2,592
Property Taxes $322$3,864
Electricity $281$3,379
Total$1,678$20,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,531/yr
40% on housing$50,340/yr
45% on housing$44,746/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

$55This listing

vs Other Active Listings

Avg $/sqft

ZIP 46218$78
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46218$77
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
2026-08-09Price change$160,000
2026-07-14Listed for sale$170,000
2025-07-23Listing removed$1,600
2025-06-01Listed for rent$1,600
2012-12-29Listing removed$875
2012-12-23Listed for rent$875
2011-09-23Sold$59,900
2011-03-07Sold$7,000

For Sale by Agent

AgentPamela Craney
BrokerageThe Madsen Group, LLC

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