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3551 Forest Manor Ave, Indianapolis, IN, 46218

3beds
2baths
1,620sqft
$209,900
$130price/sqft
$1,620/moest. monthly cost
$64,800/yrincome needed

About This Home

A 3 Bed 2 Bath home in Center Township. So many updates on this property. It has been updated with all new flooring, fresh paint and new fixtures throughout. The kitchen has new shaker style cabinets, new counter tops and fixtures. The exterior has been updated with a new roof, new shutters and fresh paint. The security system will remain with the property.

Getting Around

42
WalkingCar-Dependent
39
TransitSome Transit
40
BikeSomewhat Bikeable

Schools

2/10
Arlington Woods School 99Grades PK-60.9 mi
2/10
Shortridge High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Electric Oven,Refrigerator,Water Heater

Bedroom2

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Bedroom3

  • Level: Upper
  • Area: 230
  • Dimensions: 23x10

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Features

  • Attic Access
  • Attic: Access Only

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,620
  • Total interior livable area: 1,620 sqft

Kitchen

  • Level: Main
  • Area: 108
  • Dimensions: 12x9

Laundry

  • Level: Main
  • Area: 144
  • Dimensions: 16x9

Living Room

  • Level: Main
  • Area: 216
  • Dimensions: 18x12

Master Bedroom

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Property

Details

  • Parcel number: 490721107011000101
  • Horse amenities: None

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 6,534 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $1,061$12,732
Home Insurance *$267$3,204
Property Taxes $108$1,296
Electricity $184$2,212
Total$1,620$19,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,542/yr
40% on housing$48,600/yr
45% on housing$43,200/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

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 46218$77
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
2026-08-01Price change$209,900
2026-07-23Price change$214,900
2026-07-10Listed for sale$219,900
2026-02-11Sold$69,884
2022-12-27Listing removed--
2022-06-27Listed for sale$90,000

For Sale by Agent

AgentShannon Adair
BrokerageCanon Real Estate Services LLC

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