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6501 Welham Rd, Indianapolis, IN, 46220

5beds
3baths
3,648sqft
$449,000
$123price/sqft
$3,295/moest. monthly cost
$131,800/yrincome needed

About This Home

Welcome home to this timeless 5-bedroom, 2.5-bath brick Colonial in the heart of highly sought-after Devonshire! From the moment you arrive, the spacious front porch invites you to slow down, relax, and imagine evenings spent visiting with neighbors or enjoying your morning coffee. Inside, you'll find beautiful hardwood floors throughout the main level and beneath most of the upper-level carpet, adding warmth and character to this lovingly maintained home. Multiple gathering spaces make entertaining and everyday living effortless, including a gracious living room with custom built-ins, a cozy family room featuring a fireplace and built-ins, and a spacious dining room ready for holiday celebrations and family dinners. The bright kitchen offers granite countertops, abundant cabinetry, and a cheerful eat-in area overlooking the backyard. Just off the kitchen, a mudroom and laundry area to convenience to busy daily life. Upstairs, the spacious primary suite features an ensuite bath and walk-in closet, while four additional generously sized bedrooms provide plenty of room for family, guests, home offices, or hobbies. The partially finished basement offers flexible space for recreation, fitness, or a playroom, with additional storage as well. Step outside to enjoy the fenced backyard-perfect for pets, play, gardening, or summer cookouts. This home offers more than just wonderful space-it offers peace of mind with significant internal updates, including a new HVAC system and new sewer line, along with many additional improvements. Located just minutes from neighborhood trails and only a short stroll to the beloved Scoop Shack for an evening ice cream treat, you'll love the incredible lifestyle this location provides. With its classic charm, spacious floor plan, thoughtful updates, and unbeatable Devonshire location, this is a place you'll be proud to call home.

Getting Around

19
WalkingCar-Dependent
26
TransitSome Transit
26
BikeSomewhat Bikeable

Schools

3/10
3/10
Belzer Middle SchoolGrades 7-82.3 mi
3/10

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Block,Crawl Space
  • Construction materials: Aluminum Siding,Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater,Gas Oven

Basement

  • Has basement: Yes

Bedroom2

  • Level: Upper
  • Area: 180
  • Dimensions: 12x15

Bedroom3

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Bedroom4

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedroom5

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Breakfast Room

  • Level: Main
  • Area: 96
  • Dimensions: 12x08

Dining Room

  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Family Room

  • Level: Main
  • Area: 234
  • Dimensions: 18x13

Features

  • Built-in Features,Hardwood Floors,Double Vanity,Entrance Foyer,High Speed Internet
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas Log
  • Fireplace: Yes
  • Finished area below ground: 453

Heating & Cooling

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

Interior Area

  • Total structure area: 3,648
  • Total interior livable area: 3,648 sqft

Kitchen

  • Level: Main
  • Area: 96
  • Dimensions: 12x08

Living Room

  • Level: Main
  • Area: 234
  • Dimensions: 18x13

Master Bedroom

  • Level: Upper
  • Area: 280
  • Dimensions: 20x14

Play Room

  • Level: Basement
  • Area: 312
  • Dimensions: 24x13

Property

Details

  • Parcel number: 490234100040000400
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Fencing: Fenced,Full

Lot

  • Lot size: 0.34 Acres
  • Features: Mature Trees

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
  • 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 $2,270$27,240
Home Insurance *$244$2,928
Property Taxes $447$5,364
Electricity $334$4,012
Total$3,295$39,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$112,971/yr
40% on housing$98,850/yr
45% on housing$87,866/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

$123This listing

vs Other Active Listings

Avg $/sqft

ZIP 46220$166
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
2026-08-14Price change$439,000
2026-07-27Price change$449,000
2026-07-17Listed for sale$459,000
2014-07-31Sold$210,000
2014-07-03Pending sale$225,000
2014-02-15Price change$225,000
2013-10-03Price change$239,900
2013-07-25Price change$249,900
2013-07-13Listed for sale$259,900
1996-12-20Sold$181,500

For Sale by Agent

AgentJeanne Morton
BrokerageCENTURY 21 Scheetz

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