4723 Evanston Ave, Indianapolis, IN, 46205
About This Home
Big Price adjustment! Welcome to this moveinready bungalow in the heart of SoBro, one of Indianapolis' most exciting and fast growing neighborhoods. This home is ideally located between the Monon Trail and the Nickel Plate Trail-offering some of the best biking, walking, and outdoor access in the city. The fully renovated 2bedroom, 1bath interior features brand new Pergo flooring throughout, recessed lighting, fresh paint, and a modern kitchen with new cabinets, butcher block countertops, shelves, hardware, and sink. Major updates include a roof just two years old, updated windows, and durable Hardie Board siding on the front and back. Relax on the inviting front porch and enjoy a vibrant area filled with ongoing renovations, shopping, dining, and nightlife. A great opportunity to own a stylish home in a walkable, bike friendly, and highly sought after location. NOTE: Original active list price was $258,000. The $235,5K number was pre-market while renovation was ongoing.
Getting Around
Somewhat Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1925
Materials
- Foundation: Block
- Construction materials: Aluminum Siding,Cement Siding,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Electric Water Heater,Electric Oven,Refrigerator,Washer
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Roughed In,Storage Space,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Attic Access,Eat-in Kitchen
- Window features: Wood Work Painted
- Attic: Access Only
- Finished area below ground: 0
Heating & Cooling
- Heating features: Electric,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,632
- Total interior livable area: 1,632 sqft
Living Room
- Level: Main
- Area: 121
- Dimensions: 11x11
Master Bedroom
- Level: Main
- Area: 132
- Dimensions: 11x12
Property
Details
- Parcel number: 490707139642000801
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: Fenced,Partial
Lot
- Lot size: 5,227 sqft
- Features: City Lot,Curbs,Sidewalks,Storm Sewer
Parking
- Total spaces: 1
- Parking features: Detached
- 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
- Strong Wind
- 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 | $1,228 | $14,736 |
| Home Insurance * | $163 | $1,956 |
| Property Taxes | $182 | $2,184 |
| Electricity | $184 | $2,212 |
| Total | $1,757 | $21,084 |
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 |
|---|---|---|
| 2026-04-22 | Price change | $249,000 |
| 2026-03-21 | Listed for sale | $258,000 |
| 2023-11-06 | Sold | $125,000 |
| 2022-08-23 | Sold | $125,000 |
| 2021-11-10 | Sold | $75,000 |
| 2014-04-11 | Sold | $18,000 |
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