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3818 N Layman Ave, Indianapolis, IN, 46226

3beds
1baths
1,077sqft
$179,000
$166price/sqft
$1,603/moest. monthly cost
$64,120/yrincome needed

About This Home

Handsome brick home on a large lot with 3 outbuildings! Brand new roof, all new windows, remodeled kitchen and bath. Plus all fresh paint throughout, new LVP flooring too and fixtures. MUST SEE the newly built blue studio shed right behind the house offering a buyer a dedicated flex space for their needs. Additionally there is a 2 car garage equipped with power and separate garden shed. This area has recently benefitted from new city infrastructure: miles of biking/pedestrian paths along 38th St and the new high speed Purple (bus) Line stop is a short walk from the house. Have peace of mind too with IFD station 1/2 block away. Come make this home your own!

Getting Around

61
WalkingSomewhat Walkable
38
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

3/10
2/10
Shortridge High SchoolGrades 9-124.4 mi

Construction

Condition

  • Year built: 1956

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,Microwave,Electric Oven
  • Laundry features: Laundry Room

Bedroom2

  • Level: Main
  • Area: 110
  • Dimensions: 10x11

Bedroom3

  • Level: Main
  • Area: 110
  • Dimensions: 10x11

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 64
  • Dimensions: 8x8

Heating & Cooling

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

Interior Area

  • Total structure area: 1,077
  • Total interior livable area: 1,077 sqft

Kitchen

  • Level: Main
  • Area: 88
  • Dimensions: 8x11

Laundry

  • Level: Main
  • Area: 80
  • Dimensions: 8x10

Living Room

  • Level: Main
  • Area: 240
  • Dimensions: 16x15

Master Bedroom

  • Level: Main
  • Area: 182
  • Dimensions: 13x14

Property

Details

  • Parcel number: 490715123309000401
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 8,276 sqft
  • Features: Busline

Parking

  • Total spaces: 2
  • Parking features: Detached
  • 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 WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
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 $905$10,860
Home Insurance *$183$2,196
Property Taxes $331$3,972
Electricity $184$2,212
Total$1,603$19,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,960/yr
40% on housing$48,090/yr
45% on housing$42,746/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

$166This listing

vs Other Active Listings

Avg $/sqft

ZIP 46226$97
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46226$116
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
2026-07-30Listed for sale$179,000
2023-04-17Listing removed--
2023-03-15Listed for rent$1,025
2022-02-24Listing removed--
2022-01-27Price change$950
2022-01-26Listed for rent$900
2020-02-01Listing removed$800
2019-07-22Listed for rent$800
2018-10-26Listing removed$825
2018-03-13Listed for rent$825
2016-03-01Listing removed$825
2016-02-02Listed for rent$825
2015-10-16Sold$33,000
2015-10-02Pending sale$34,900
2015-09-24Price change$34,900
2015-08-17Listed for sale$44,900

For Sale by Agent

AgentJessica Bischoff
BrokerageJRB Group

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