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7350 E 46th St, Indianapolis, IN, 46226

2beds
1baths
720sqft
$114,900
$160price/sqft
$1,066/moest. monthly cost
$42,640/yrincome needed

About This Home

Welcome to this charming 2-bedroom, 1-bath ranch in the established Shadeland Terrace neighborhood! Built in 1955, this 720 sq. ft. home offers comfortable single-level living with a functional layout and plenty of potential to make it your own. Situated on a spacious lot, the property provides room for outdoor entertaining, gardening, or future improvements. Conveniently located near shopping, dining, schools, parks, and major highways, with easy access to downtown Indianapolis.

Getting Around

40
WalkingCar-Dependent
27
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

3/10
Belzer Middle SchoolGrades 7-80.9 mi
3/10

Construction

Condition

  • Year built: 1955

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: Dishwasher,Electric Oven,Refrigerator,Microwave,Range Hood

Bedroom2

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Dining Room

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

Features

  • Walk-In Closet(s)

Heating & Cooling

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

Interior Area

  • Total structure area: 720
  • Total interior livable area: 720 sqft

Kitchen

  • Level: Main
  • Area: 80
  • Dimensions: 10x8

Laundry

  • Level: Main
  • Area: 30
  • Dimensions: 6x5

Living Room

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Master Bedroom

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Property

Details

  • Parcel number: 490712116078000407
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered

Lot

  • Lot size: 4,791 sqft

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 WaveModerate
  • 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 $580$6,960
Home Insurance *$117$1,404
Property Taxes $185$2,220
Electricity $184$2,212
Total$1,066$12,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,548/yr
40% on housing$31,980/yr
45% on housing$28,426/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

$160This listing

vs Other Active Listings

Avg $/sqft

ZIP 46226$98
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
2026-08-01Listed for sale$114,900
2025-04-08Listing removed$1,125
2025-03-13Listed for rent$1,125
2022-10-12Listing removed--
2022-10-10Listed for rent$975
2022-02-03Sold$67,000
2022-01-08Pending sale$79,000
2018-07-20Sold$42,000
2018-07-05Pending sale$49,900
2018-05-23Listed for sale$49,900
2013-01-05Listing removed$38,900
2012-09-22Listed for sale$38,900

For Sale by Agent

AgentSamuel Nieves-Montanez
BrokerageTrelora Realty

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