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6502 Landborough South Dr, Indianapolis, IN, 46220

5beds
4baths
3,820sqft
$620,000
$162price/sqft
$4,413/moest. monthly cost
$176,520/yrincome needed

About This Home

Welcome to a truly one-of-a-kind property where timeless character, incredible space, and endless possibilities come together. Nestled on one of the most desirable lots in the neighborhood and spanning over an acre, this impressive 3,800+ square-foot home offers the perfect setting for a growing family or an outstanding investment opportunity. Inside, you'll find five spacious bedrooms, 2 full baths, 2 half baths, and four finished levels. Plus a versatile loft that can serve as an additional bedroom, home office, playroom, or creative space. Meticulously maintained and updated by a 35+ year professional contractor as their own personal sanctuary, with intent of staying in the home forever. The thoughtfully designed layout features two expansive family rooms, each with a functional fireplace, creating warm and inviting spaces for gathering. One family room opens directly onto the massive paved patio, making indoor-outdoor entertaining effortless. The main living area flows seamlessly into the dining room and kitchen, where stunning Brazilian Tigerwood flooring adds warmth and elegance. A finished basement and a full built-in bar provide even more room to relax and entertain, while one bedroom features its own private walkout balcony. The true showstopper is the finished, climate-controlled gazebo nestled along a scenic walk through the backyard. Complete with heating, cooling, and electricity, this space perfectly completes the property. Don't miss your chance in Avalon Hills!

Getting Around

6
WalkingCar-Dependent
24
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

3/10
3/10
Belzer Middle SchoolGrades 7-81.9 mi
3/10

Construction

Condition

  • Year built: 1966

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick,Wood With Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mid-Century Modern
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Disposal,Microwave,Refrigerator,Washer,Water Heater,Water Softener Owned
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom2

  • Level: Upper
  • Area: 165
  • Dimensions: 15x11

Bedroom3

  • Level: Upper
  • Area: 165
  • Dimensions: 15x11

Bedroom4

  • Level: Upper
  • Area: 143
  • Dimensions: 11x13

Bedroom5

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 156
  • Dimensions: 12x13

Features

  • Hardwood Floors,Eat-in Kitchen
  • Flooring: Hardwood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 446

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,820
  • Total interior livable area: 3,820 sqft

Kitchen

  • Level: Main
  • Area: 273
  • Dimensions: 21x13

Living Room

  • Level: Main
  • Area: 360
  • Dimensions: 24x15

Master Bedroom

  • Level: Upper
  • Area: 240
  • Dimensions: 15x16

Property

Details

  • Parcel number: 490234111001000400
  • Horse amenities: None

Features

  • Levels: Three Or More
  • Patio & porch: Patio
  • Fencing: Fenced,Chain Link

Lot

  • Lot size: 1.04 Acres
  • Features: Mature Trees

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $3,135$37,620
Home Insurance *$338$4,056
Property Taxes $590$7,080
Electricity $350$4,202
Total$4,413$52,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$151,302/yr
40% on housing$132,390/yr
45% on housing$117,680/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

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 46220$165
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46220$153
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
2026-08-13Price change$609,900
2026-07-24Listed for sale$620,000

For Sale by Agent

AgentJacob Purichia
BrokerageReal Broker, LLC

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