5233 Palisade Way, Indianapolis, IN, 46237
About This Home
Welcome to 5233 Palisade Way, Indianapolis, IN 46237-a beautifully maintained, one-owner home that has been lovingly cared for since it was built. Offering the perfect blend of comfort, style, and convenience, this move-in-ready property is ready for its next chapter. Step inside to discover a bright and inviting floor plan with spacious living areas designed for both everyday living and entertaining. The kitchen features ample cabinetry and workspace, flowing seamlessly into the dining and living areas for easy gatherings. Comfortable bedrooms provide peaceful retreats, while the private primary suite offers a relaxing escape at the end of the day. Outside, the backyard provides the perfect setting for outdoor dining, gardening, or simply unwinding. Whether you're hosting family and friends or enjoying a quiet evening at home, this outdoor space is ready to fit your lifestyle. Conveniently located on Indianapolis' southeast side, you'll enjoy quick access to shopping, dining, parks, schools, and major highways, making commuting and everyday errands a breeze. Rarely does a one-owner home come to market with this level of care and pride of ownership. Don't miss the opportunity to make 5233 Palisade Way your next home-schedule your private showing today!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1982
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: Electric Cooktop,Dishwasher,Microwave,Refrigerator
Bedroom2
- Level: Main
- Area: 144
- Dimensions: 12x12
Bedroom3
- Level: Main
- Area: 169
- Dimensions: 13x13
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Dining Room
- Level: Main
- Area: 169
- Dimensions: 13x13
Features
- Attic Access,Hardwood Floors,Eat-in Kitchen
- Flooring: Hardwood
- Attic: Access Only
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,344
- Total interior livable area: 1,344 sqft
Kitchen
- Level: Main
- Area: 169
- Dimensions: 13x13
Laundry
- Level: Main
- Area: 64
- Dimensions: 8x8
Living Room
- Level: Main
- Area: 225
- Dimensions: 15x15
Master Bedroom
- Level: Main
- Area: 196
- Dimensions: 14x14
Property
Details
- Parcel number: 491503127006000300
- Horse amenities: None
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 7,405 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
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
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 | $1,178 | $14,136 |
| Home Insurance * | $139 | $1,668 |
| Property Taxes | $169 | $2,028 |
| Electricity | $184 | $2,212 |
| Total | $1,670 | $20,040 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Price change | $233,000 |
| 2026-07-11 | Listed for sale | $235,000 |
| 2026-06-25 | Listing removed | $230,000 |
| 2026-06-24 | Listed for sale | $230,000 |
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