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4600 E 42nd St, Indianapolis, IN, 46226

4beds
2baths
1,604sqft
$219,900
$137price/sqft
$1,876/moest. monthly cost
$75,040/yrincome needed

About This Home

Classic brick ranch on a spacious .46-acre corner lot in Lawrence Township! This solid 3-bedroom home features a sprawling layout with a large living room and a formal dining area, both showcasing beautiful hardwood floors. The functional kitchen offers ample cabinet space and leads to a versatile interior perfect for comfortable living. Relax or entertain in the huge, fully fenced rear yard that features a large concrete patio and mature trees for added privacy. Ideally located with easy access to Binford Blvd and I-465, you are just minutes away from shopping, dining, and parks. A fantastic opportunity to own an oversized parcel in an established neighborhood!

Getting Around

16
WalkingCar-Dependent
32
TransitSome Transit
30
BikeSomewhat Bikeable

Schools

6/10
5/10
Eastwood Middle SchoolGrades 6-82.4 mi
7/10
North Central High SchoolGrades 9-125.8 mi

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Oven,Range Hood,Refrigerator

Bedroom2

  • Level: Main
  • Area: 150
  • Dimensions: 10x15

Bedroom3

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

Bedroom4

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

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 4

Dining Room

  • Level: Main
  • Area: 81
  • Dimensions: 9x9

Family Room

  • Level: Main
  • Area: 286
  • Dimensions: 22x13

Features

  • Hardwood Floors,Eat-in Kitchen
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,604
  • Total interior livable area: 1,604 sqft

Kitchen

  • Level: Main
  • Area: 128
  • Dimensions: 16x8

Living Room

  • Level: Main
  • Area: 288
  • Dimensions: 16x18

Master Bedroom

  • Level: Main
  • Area: 154
  • Dimensions: 14x11

Property

Details

  • Parcel number: 490716115014000800
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.46 Acres
  • Features: Not In Subdivision,Mature Trees

Parking

  • Total spaces: 2
  • Parking features: Attached
  • 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 WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

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 $1,111$13,332
Home Insurance *$224$2,688
Property Taxes $357$4,284
Electricity $184$2,212
Total$1,876$22,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,320/yr
40% on housing$56,280/yr
45% on housing$50,026/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

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 46226$97
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46226$116
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
2026-05-07Listed for sale$219,900
2025-02-24Listing removed$1,600
2025-01-30Listed for rent$1,600
2024-03-28Listing removed--
2024-02-13Listed for rent$1,600
2022-03-17Listing removed--
2022-02-04Listed for rent$1,425
2019-02-11Listing removed$1,200
2019-01-03Listed for rent$1,200
2017-07-27Listing removed$1,199
2017-07-14Listed for rent$1,199
2015-07-08Sold$62,999
2015-04-30Price change$59,560
2015-04-02Listed for sale$64,660
2015-03-27Sold$56,950
2005-04-19Sold$72,000

For Sale by Agent

AgentIsabella Frazier
BrokerageTrelora Realty

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