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4541 N Richardt Ave, Indianapolis, IN, 46226

3beds
2baths
1,724sqft
$199,990
$116price/sqft
$1,568/moest. monthly cost
$62,720/yrincome needed

About This Home

Look no further-this beautifully maintained ranch-style home truly has it all. Step inside to find stylish luxury vinyl plank flooring throughout, two full bathrooms, and a functional layout designed for comfortable living. The inviting living area features a cozy gas fireplace, perfect for relaxing evenings or gathering with family and friends. Enjoy meals and meaningful moments together in the spacious dining area, then unwind knowing there's room for everyone. One bedroom features a unique chalk wall, ideal for creativity or a personalized touch. The full basement offers endless potential-ready to be transformed into a rec room, home office, gym, or additional living space with the simple addition of carpet. Outside, you'll love the generous front and backyard space, perfect for entertaining, play, or quiet relaxation. A two-car garage adds convenience and storage, rounding out this move-in-ready home that blends comfort, character, and opportunity.

Getting Around

39
WalkingCar-Dependent
29
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

3/10
3/10
Belzer Middle SchoolGrades 7-81.0 mi
3/10

Construction

Condition

  • Year built: 1967

Materials

  • Foundation: Concrete Perimeter,Block
  • Construction materials: Stone,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Gas Oven,Refrigerator,Tankless Water Heater,Water Softener Owned

Basement

  • Has basement: Yes
  • Basement: Finished Walls,Partial,Storage Space

Bedroom2

  • Level: Main
  • Area: 130
  • Dimensions: 13x10

Bedroom3

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

Bedrooms & Bathrooms

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

Family Room

  • Level: Main
  • Area: 272
  • Dimensions: 17x16

Features

  • Attic Pull Down Stairs,Hardwood Floors,Eat-in Kitchen,Walk-In Closet(s)
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas Starter
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Finished area below ground: 178

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,724
  • Total interior livable area: 1,724 sqft

Kitchen

  • Level: Main
  • Area: 170
  • Dimensions: 17x10

Living Room

  • Level: Main
  • Area: 336
  • Dimensions: 24X14

Master Bedroom

  • Level: Main
  • Area: 210
  • Dimensions: 15x14

Property

Details

  • Parcel number: 490713108095000407
  • Special condition: In Foreclosure
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered
  • Exterior features: Gutter Guards

Lot

  • Lot size: 0.27 Acres

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 $1,011$12,132
Home Insurance *$204$2,448
Property Taxes $169$2,028
Electricity $184$2,212
Total$1,568$18,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,760/yr
40% on housing$47,040/yr
45% on housing$41,813/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

$116This 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
2026-03-28Listing removed$219,999
2026-02-04Price change$219,999
2025-12-19Listed for sale$224,999
2024-01-17Sold$200,000
2023-12-05Pending sale$200,000
2023-11-30Listed for sale$200,000
2020-10-15Sold$136,000
2020-09-05Pending sale$132,000
2020-09-02Listed for sale$132,000
2020-08-17Pending sale$132,000
2020-08-14Listed for sale$132,000
2012-04-03Sold$109,500
2011-01-30Listed for sale$124,500

Unknown Listed By

AgentPatrick Frye
BrokerageHighgarden Real Estate

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