5531 Northport Dr, Indianapolis, IN, 46221
About This Home
Welcome to this charming 4-bedroom, 1-bath ranch located in the Old Mill Park neighborhood on the southwest side of Indianapolis. This home offers a great opportunity for first-time buyers seeking comfort, value, and potential. Recent updates include a new roof, siding, central air and heat and carpet, along with newer laminate flooring and a water heater, giving peace of mind for years to come. The kitchen and bathroom feature tasteful, modest updates, making the home move-in ready while still leaving room for your personal touch. A converted garage provides flexible space-perfect for a primary bedroom, home office, gym, or additional living area. With its affordable price point and solid updates, this home is an excellent entry into homeownership or a smart investment opportunity. Don't miss your chance to make it your own!
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1981
Materials
- Foundation: Slab
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Water Heater,Disposal,MicroHood,Electric Oven,Refrigerator
Bedroom2
- Level: Main
- Area: 108
- Dimensions: 9 x 12
Bedroom3
- Level: Main
- Area: 90
- Dimensions: 9 x 10
Bedroom4
- Level: Main
- Area: 90
- Dimensions: 9 x 10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 4
Features
- High Speed Internet
Heating & Cooling
- Heating features: Electric,Forced Air
- Cooling features: Central Air,Wall Unit(s)
Interior Area
- Total structure area: 1,156
- Total interior livable area: 1,156 sqft
Kitchen
- Level: Main
- Area: 90
- Dimensions: 9 x 10
Laundry
- Level: Main
- Area: 40
- Dimensions: 5 x 8
Living Room
- Level: Main
- Area: 234
- Dimensions: 13 x 18
Master Bedroom
- Level: Main
- Area: 275
- Dimensions: 11 x 25
Property
Details
- Parcel number: 491312114016000200
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Lot size: 0.25 Acres
Parking
- Parking features: Attached,Asphalt
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
- Heat Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $909 | $10,908 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $152 | $1,824 |
| Electricity | $184 | $2,212 |
| Total | $1,365 | $16,380 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-07 | Pending sale | $179,900 |
| 2026-07-29 | Price change | $179,900 |
| 2026-07-16 | Listed for sale | $184,900 |
| 2026-05-28 | Listing removed | $159,900 |
| 2026-05-08 | Pending sale | $159,900 |
| 2026-04-24 | Price change | $159,900 |
| 2026-04-10 | Listed for sale | $165,000 |
| 2026-01-30 | Sold | $110,875 |
| 2021-03-05 | Sold | $122,500 |
| 2021-01-27 | Pending sale | $125,000 |
| 2021-01-19 | Listed for sale | $125,000 |
| 2001-05-11 | Sold | $77,000 |
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