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5241 Basin Park Dr, Indianapolis, IN, 46239

5beds
3baths
3,296sqft
$397,000
$120price/sqft
$3,145/moest. monthly cost
$125,800/yrincome needed

About This Home

Located on the south side of Indianapolis, this spacious 5-bedroom, 3-bath home offers a functional open-concept layout with generous living spaces throughout. Featuring the largest floor plan in the subdivision, the home includes a versatile loft, bonus room, main-level laundry room, and an oversized 3-car garage. The flexible floor plan provides multiple living and gathering areas suitable for a variety of needs. Conveniently located near shopping, dining, schools, and major commuter routes.

Getting Around

8
WalkingCar-Dependent
0
TransitNo Nearby Transit
29
BikeSomewhat Bikeable

Schools

7/10
9/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2009

Materials

  • Foundation: Slab
  • Construction materials: Vinyl With Brick

Other

  • Builder name: Arbor Homes

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,MicroHood,Electric Oven,Refrigerator
  • Laundry features: Laundry Room,Main Level

Bedroom2

  • Level: Main
  • Area: 182
  • Dimensions: 14X13

Bedroom3

  • Level: Upper
  • Area: 156
  • Dimensions: 12X13

Bedroom4

  • Level: Upper
  • Area: 144
  • Dimensions: 12X12

Bedroom5

  • Level: Upper
  • Area: 132
  • Dimensions: 12X11

Bedrooms & Bathrooms

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

Bonus Room

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 204
  • Dimensions: 17X12

Dining Room

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 144
  • Dimensions: 16X9

Features

  • Double Vanity,Kitchen Island,Ceiling Fan(s),Eat-in Kitchen,Pantry,Walk-In Closet(s)

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,296
  • Total interior livable area: 3,296 sqft

Kitchen

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 176
  • Dimensions: 16X11

Laundry

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 50
  • Dimensions: 10X5

Living Room

  • Level: Main
  • Area: 323
  • Dimensions: 19X17

Loft

  • Level: Upper
  • Area: 228
  • Dimensions: 19X12

Master Bedroom

  • Level: Upper
  • Area: 375
  • Dimensions: 15X25

Property

Accessibility

  • Accessibility features: Accessible Entrance

Details

  • Parcel number: 491501111047000300
  • Special condition: Sales Disclosure On File
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio

Lot

  • Lot size: 7,405 sqft
  • Features: Sidewalks,Suburb,Trees-Small (Under 20 Ft)

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
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 $2,007$24,084
Home Insurance *$218$2,616
Property Taxes $618$7,416
Electricity $302$3,625
Total$3,145$37,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$107,828/yr
40% on housing$94,350/yr
45% on housing$83,866/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

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 46239$139
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46239$132
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
2026-06-18Price change$397,000
2026-06-05Price change$417,900
2026-05-14Listed for sale$425,000
2022-09-08Sold$362,000
2009-11-19Sold$168,665

For Sale by Agent

AgentWayez Mall
BrokerageCompass Indiana, LLC

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