157 E Hill Valley Dr, Indianapolis, IN, 46227
About This Home
This updated 4-bedroom, 3-bath home in Perry Township's Hill Valley neighborhood offers nearly 2,900 square feet of living space on a large 15,250 SqFt lot. The kitchen features a gas stove and refrigerator installed in 2022 after converting from electric, and recessed lighting was added in both living rooms and the kitchen in 2023. The entire home was freshly painted in 2024, and new flooring was installed in both living areas, the basement room, and on the stairs in June 2025. All other rooms have updated ceramic tile from 2023, with the exception of the downstairs bedroom, which remains carpeted. Upstairs, you'll find the main living spaces, kitchen, and three bedrooms with ceiling fans. The lower level includes another bedroom, a full bath, and additional living space. A brand new furnace with a 10-year warranty adds peace of mind for years to come. Other highlights include a whirlpool tub, cherry cabinets in the guest bath, a two-car garage, and a relaxing backyard patio. The concrete driveway and sidewalk were also replaced in 2018.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1962
Materials
- Foundation: Brick/Mortar
- Construction materials: Aluminum Siding,Brick
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Gas Water Heater,MicroHood,Gas Oven,Refrigerator,Washer
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Bonus Room
- Features: Tile-Ceramic
- Level: Basement
- Area: 156
- Dimensions: 13x12
Family Room
- Level: Main
- Area: 399
- Dimensions: 19x21
Features
- Attic Access,Hardwood Floors,Eat-in Kitchen
- Window features: Wood Work Painted,Wood Work Stained
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Family Room
- Fireplace: Yes
- Attic: Access Only
- Finished area below ground: 776
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,905
- Total interior livable area: 2,905 sqft
Kitchen
- Level: Main
- Area: 182
- Dimensions: 14x13
Living Room
- Level: Main
- Area: 247
- Dimensions: 19x13
Master Bedroom
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Property
Details
- Parcel number: 491424104039000500
- Horse amenities: None
Features
- Levels: Multi/Split
- Patio & porch: Patio,Porch
Lot
- Lot size: 0.35 Acres
- Features: Corner Lot,Suburb,Mature Trees,Trees-Small (Under 20 Ft)
Parking
- Total spaces: 2
- Parking features: Attached,Concrete,Garage Door Opener
- 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
- Tornado
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
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 | $1,516 | $18,192 |
| Home Insurance * | $196 | $2,352 |
| Property Taxes | $328 | $3,936 |
| Electricity | $266 | $3,195 |
| Total | $2,306 | $27,672 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow 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 |
|---|---|---|
| 2026-04-03 | Listed for sale | $305,000 |
| 2026-01-01 | Listing removed | $305,000 |
| 2025-11-15 | Price change | $305,000 |
| 2025-08-18 | Price change | $310,000 |
| 2025-07-12 | Listed for sale | $315,000 |
| 2020-07-24 | Sold | $215,000 |
| 2020-06-15 | Pending sale | $215,000 |
| 2020-06-13 | Listed for sale | $194,900 |
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