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5472 E 18th St, Indianapolis, IN, 46218

2beds
1baths
1,616sqft
$140,000
$87price/sqft
$1,286/moest. monthly cost
$51,440/yrincome needed

About This Home

Calling all investors! This adorable 2 bed/1 bath bungalow in Hawthorne Manor neighborhood is currently leased out through June 2027 and already producing steady income. This home has plenty of space, with a finished basement, and has been well maintained. This would be the perfect starter home, or a great addition to your rental portfolio! This home has quick access to the Community East campus and all that the near Eastside has to offer, a short drive to Ellenberger Park and the beautiful Irvington area. Also enjoy quick access to I-70, 465, and a quick commute to downtown.

Getting Around

46
WalkingCar-Dependent
37
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

3/10
1/10

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Block
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Appliances

  • Appliances included: None,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedroom2

  • Level: Main
  • Area: 99
  • Dimensions: 9x11

Bedrooms & Bathrooms

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

Bonus Room

  • Features: Other
  • Level: Basement
  • Area: 176
  • Dimensions: 11x16

Bonus Room

  • Features: Other
  • Level: Basement
  • Area: 176
  • Dimensions: 22x8

Features

  • Supplemental Storage
  • Finished area below ground: 540

Foyer

  • Features: Tile-Ceramic
  • Level: Basement
  • Area: 128
  • Dimensions: 16x8

Heating & Cooling

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

Interior Area

  • Total structure area: 1,616
  • Total interior livable area: 1,616 sqft

Kitchen

  • Level: Main
  • Area: 120
  • Dimensions: 15x8

Laundry

  • Features: Other
  • Level: Basement
  • Area: 119
  • Dimensions: 17x7

Living Room

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 165
  • Dimensions: 11x15

Master Bedroom

  • Level: Main
  • Area: 110
  • Dimensions: 10x11

Property

Details

  • Parcel number: 490734102117000701
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,534 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached
  • 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
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Earthquake
Inland Flooding
Lightning
Strong Wind
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 $707$8,484
Home Insurance *$178$2,136
Property Taxes $217$2,604
Electricity $184$2,212
Total$1,286$15,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,091/yr
40% on housing$38,580/yr
45% on housing$34,293/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

$87This listing

vs Other Active Listings

Avg $/sqft

ZIP 46218$77
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46218$77
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
2026-05-28Listed for sale$140,000
2024-06-18Listing removed--
2024-06-12Listed for rent$1,100
2022-10-28Sold$93,000
2022-10-05Pending sale$105,000
2022-07-01Listed for sale$105,000
2022-01-01Listing removed--
2021-10-18Listed for sale$110,000
2021-10-01Pending sale$110,000
2021-09-01Price change$110,000
2021-08-23Listing removed--
2021-08-09Listed for rent$925
2021-08-09Price change$117,500
2021-07-30Price change$122,500
2021-07-12Price change$125,000
2021-07-04Listed for sale$130,000
2017-04-11Listing removed$845
2017-03-08Price change$845
2017-02-02Sold$72,000
2017-01-24Listed for rent$895
2016-12-01Sold$50,400
2016-10-25Sold$17,510
2016-08-03Listed for sale$7,500
2016-07-01Sold$43,500
2016-06-22Listed for sale--
2005-11-14Sold$44,000

For Sale by Agent

AgentJames Krause
Brokerage@properties

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