5535 S State Ave, Indianapolis, IN, 46227
About This Home
Private corner lot property on .51 acres with a 2car attached garage and 2car detached garage. Living room with bay window, eat-in-kitchen with granite countertops & tile backsplash. Large primary bedroom with walk-in shower including 4 shower heads. Wood privacy deck with built-in hot tub & additional concrete patio. Updates include: Roof 2024, Water heater 2024, Newer kitchen appliances, interior paint, & vinyl plank flooring throughout. Multiple parking areas and open space to enjoy the outdoors.
Getting Around
Somewhat Walkable
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1926
Materials
- Foundation: Crawl Space
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Gas Water Heater,Microwave,Electric Oven,Refrigerator
Bedroom2
- Level: Main
- Area: 154
- Dimensions: 14x11
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 110
- Dimensions: 11x10
Features
- Attic Pull Down Stairs
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
- Attic: Pull Down Stairs
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,196
- Total interior livable area: 1,196 sqft
Kitchen
- Level: Main
- Area: 121
- Dimensions: 11x11
Living Room
- Level: Main
- Area: 238
- Dimensions: 17x14
Master Bedroom
- Level: Main
- Area: 260
- Dimensions: 20x13
Property
Details
- Parcel number: 491506124041000500
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Deck
Lot
- Lot size: 0.51 Acres
- Features: Corner Lot,Mature Trees
Parking
- Total spaces: 4
- Parking features: Attached,Concrete,Detached
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
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
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,188 | $14,256 |
| Home Insurance * | $154 | $1,848 |
| Property Taxes | $220 | $2,640 |
| Electricity | $184 | $2,212 |
| Total | $1,746 | $20,952 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Price change | $260,000 |
| 2026-04-29 | Listed for sale | $265,000 |
| 2026-04-28 | Pending sale | $265,000 |
| 2026-04-17 | Listed for sale | $265,000 |
| 2021-07-14 | Sold | $200,000 |
| 2021-06-08 | Pending sale | $199,999 |
| 2021-06-03 | Price change | $199,999 |
| 2021-05-12 | Listed for sale | $201,000 |
| 2021-04-07 | Pending sale | $201,000 |
| 2021-03-27 | Listed for sale | $201,000 |
| 2002-07-18 | Sold | $79,900 |
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