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3830 S Olney St, Indianapolis, IN, 46237

4beds
4baths
3,861sqft
$289,900
$75price/sqft
$2,296/moest. monthly cost
$91,840/yrincome needed

About This Home

Back on the market due to Buyer's financing! Much larger than it appears -- this home features a two story in-law apartment at the back with a separate entrance! A great income or multi-generational opportunity near the University of Indianapolis. Two detached garages handle four cars and/or additional storage/possible workshop. A large in-ground pool awaits this summer's heat! The main portion of the home features a heated sunroom floor, pellet stove fireplace in the living room, and large, open spaces for versatility. The in-law suite is at the back with entrances on both the main floor and upstairs via an exterior staircase.

Getting Around

22
WalkingCar-Dependent
24
TransitMinimal Transit
28
BikeSomewhat Bikeable

Schools

5/10
Southport Middle SchoolGrades 7-82.1 mi
4/10
Southport High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1953

Materials

  • Foundation: Block
  • Construction materials: Brick,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Level: Main
  • Area: 141.57
  • Dimensions: 12.1 x 11.7

Bedroom3

  • Level: Main
  • Area: 132.21
  • Dimensions: 11.3 x 11.7

Bedroom4

  • Level: Upper
  • Area: 285.57
  • Dimensions: 17.10 x 16.7

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 142.08
  • Dimensions: 11.1 x 12.8

Features

  • High Speed Internet,In-Law Floorplan,Supplemental Storage
  • Number of fireplaces: 1
  • Fireplace features: Other
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

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

Interior Area

  • Total structure area: 3,861
  • Total interior livable area: 3,861 sqft

Kitchen

  • Level: Main
  • Area: 172.8
  • Dimensions: 13.5 x 12.8

Kitchen

  • Level: Upper
  • Area: 116.63
  • Dimensions: 10.9 x 10.7

Laundry

  • Level: Main
  • Area: 115.36
  • Dimensions: 11.2 x 10.3

Laundry

  • Level: Main
  • Area: 115.36
  • Dimensions: 11.2 x 10.3

Living Room

  • Level: Main
  • Area: 498.771
  • Dimensions: 26.1 x 19.11

Living Room

  • Level: Main
  • Area: 308.95
  • Dimensions: 18.5 x 16.7

Master Bedroom

  • Level: Main
  • Area: 165.12
  • Dimensions: 12.9 x 12.8

Sun Room

  • Features: Other
  • Level: Main
  • Area: 245.6421
  • Dimensions: 22.11 x 11.11

Property

Details

  • Parcel number: 491029118063000574
  • Special condition: Sales Disclosure On File
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: Fenced,In Ground,Outdoor Pool,Pool Cover
  • Patio & porch: Covered,Patio
  • Exterior features: Storage
  • Fencing: Fenced,Partial

Lot

  • Lot size: 0.42 Acres
  • Features: City Lot,Mature Trees,See Remarks

Parking

  • Total spaces: 4
  • Parking features: Detached,Asphalt,Storage,Workshop in Garage,Other
  • 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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $1,465$17,580
Home Insurance *$173$2,076
Property Taxes $305$3,660
Electricity $353$4,247
Total$2,296$27,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,720/yr
40% on housing$68,880/yr
45% on housing$61,226/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

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 46237$132
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46237$148
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
2026-05-01Listed for sale$299,900
2026-03-26Pending sale$299,900
2026-03-02Listed for sale$299,900
2026-02-28Pending sale$299,900
2026-02-05Price change$299,900
2025-10-24Listed for sale$319,900
2017-04-11Sold$120,000
2012-02-19Listing removed$119,900
2011-05-02Listed for sale$119,900
2011-01-14Sold$99,500
2010-10-16Price change$104,900
2010-10-04Price change$109,900
2010-08-01Price change$119,900
2010-07-28Listed for sale$124,900
2001-08-13Sold$184,000

For Sale by Agent

AgentGB Landrigan
BrokerageGB Landrigan & Company

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