1405 Gilbert Ave, Indianapolis, IN, 46227
About This Home
A truly attractive single-family residence, offering a generous 2136 square feet of living space. This property stands in great condition, distinguished by its captivating Mediterranean/Spanish exterior architectural style, hinting at a timeless elegance within. Spacious fully updated kitchen offers large double sinks under nice window, New Frigidaire dishwasher, New Frigidaire microwave, butcher block countertops. Offering four well-proportioned bedrooms, 2up and 2 on the main. Spacious primary suite. This home provides ample personal space, catering to a variety of living arrangements. The two full bathrooms are thoughtfully appointed, with one featuring the convenience of a double vanity, enhancing daily routines. Spanning two stories, this residence offers a clear delineation of living areas, contributing to a sense of spaciousness and functional design. Beautiful spacious Family / Hearth Room at the rear of home for private family time. Fresh Stone driveway, Large corner lot!! This expansive 14985 square foot lot provides a significant outdoor footprint, inviting possibilities for landscaping and recreation. Discover the unique charm and enduring appeal of this distinctive Indianapolis home; schedule your private viewing today.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1912
Materials
- Foundation: Block
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Water Heater,Disposal,MicroHood
- Laundry features: Connections All
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Main
- Area: 132
- Dimensions: 12x11
Bedroom3
- Level: Upper
- Area: 121
- Dimensions: 11x11
Bedroom4
- Level: Upper
- Area: 110
- Dimensions: 11x10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 110
- Dimensions: 11x10
Features
- Attic Access,Double Vanity,Entrance Foyer,High Speed Internet,Eat-in Kitchen,Pantry,Smart Thermostat,Supplemental Storage,Walk-In Closet(s)
- Window features: Wood Work Painted
- Number of fireplaces: 1
- Fireplace features: Family Room
- Fireplace: Yes
- Attic: Access Only
- Finished area below ground: 0
Hearth Room
- Level: Main
- Area: 240
- Dimensions: 20x12
Heating & Cooling
- Heating features: Electric,Forced Air,High Efficiency (90%+ AFUE )
- Cooling features: Central Air,High Efficiency (SEER 16 +)
Interior Area
- Total structure area: 2,916
- Total interior livable area: 2,916 sqft
Kitchen
- Level: Main
- Area: 210
- Dimensions: 15x14
Laundry
- Level: Main
- Area: 20
- Dimensions: 5x4
Living Room
- Level: Main
- Area: 160
- Dimensions: 16x10
Master Bedroom
- Level: Main
- Area: 224
- Dimensions: 16x14
Property
Details
- Parcel number: 491506138016000500
- Special condition: Defects/None Noted,Sales Disclosure On File
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck
- Exterior features: Lighting
Lot
- Lot size: 0.34 Acres
- Features: Access,City Lot,Corner Lot,Storm Sewer,Street Lights,Mature Trees
Parking
- Total spaces: 1
- Parking features: Attached
- 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
- 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 | $1,415 | $16,980 |
| Home Insurance * | $183 | $2,196 |
| Property Taxes | $207 | $2,484 |
| Electricity | $267 | $3,207 |
| Total | $2,072 | $24,864 |
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 |
|---|---|---|
| 2026-08-10 | Price change | $269,900 |
| 2026-08-01 | Price change | $279,900 |
| 2026-07-25 | Price change | $284,999 |
| 2026-07-17 | Price change | $289,999 |
| 2026-07-10 | Price change | $292,900 |
| 2026-07-02 | Price change | $297,900 |
| 2026-06-29 | Price change | $298,300 |
| 2026-06-22 | Price change | $298,500 |
| 2026-06-20 | Price change | $298,700 |
| 2026-06-17 | Price change | $298,900 |
| 2026-06-14 | Price change | $299,100 |
| 2026-06-10 | Price change | $299,300 |
| 2026-06-01 | Listed for sale | $299,900 |
| 2025-08-01 | Sold | $95,000 |
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