4315 E 42nd St, Indianapolis, IN, 46226
About This Home
A rare find in Indy! Completely renovated 4bdrm -3.5 full bath (3 full & 1/2 bath) Ranch home on almost 1/2 acre w/ a 1200 sq ft Carriage House that has 2 bdrms, Kitchen, Family room + 1 car garage. Imagine the possibilities of the Carriage House... Rental income or a Mother in Law suite, its a win, win situation! The main house is totally renovated with beautiful finishes throughout the home including stunning Fireplace in Living Room, Custom Kitchen w/ White Cabinets, breakfast bar, top of the line appliances, a spacious Sunroom and don't forget the Primary suite w/ a gorgeous bath. The Carriage house is tucked back behind the house. The circular driveway provides a separate entrance. It has a great floorplan w/ 2 spacious bdrms, Kitchen - family room area + a 1 car garage. Just a perfect floorplan for a rental or visiting family! Top of the line finishes in your home, wonderful setting w/ expansive yard plus Rental income (help pay your mortgage) it's just perfect! Great location too, close to shopping & schools.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1955
Materials
- Foundation: Block
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Dishwasher,Gas Water Heater,MicroHood,Double Oven,Refrigerator
- Laundry features: Main Level
Bedroom2
- Level: Main
- Area: 182
- Dimensions: 13x14
Bedroom3
- Level: Main
- Area: 143
- Dimensions: 13x11
Bedroom4
- Level: Main
- Area: 121
- Dimensions: 11x11
Bedroom5
- Level: Main
- Area: 150
- Dimensions: 10x15
Bedroom6
- Level: Main
- Area: 150
- Dimensions: 10x15
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 5
- Main level bedrooms: 6
Dining Room
- Level: Main
- Area: 143
- Dimensions: 11x13
Family Room
- Level: Main
- Area: 130
- Dimensions: 10x13
Features
- Breakfast Bar,Ceiling Fan(s),In-Law Floorplan,Walk-In Closet(s)
- Window features: Wood Work Painted
- Number of fireplaces: 1
- Fireplace features: Electric,Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 3,602
- Total interior livable area: 3,602 sqft
Kitchen
- Level: Main
- Area: 252
- Dimensions: 18x14
Kitchen
- Level: Main
- Area: 130
- Dimensions: 10x13
Living Room
- Level: Main
- Area: 300
- Dimensions: 20x15
Master Bedroom
- Level: Main
- Area: 210
- Dimensions: 14x15
Sun Room
- Level: Main
- Area: 176
- Dimensions: 16x11
Property
Details
- Parcel number: 490716102001000801
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio,Covered
- Fencing: Fenced,Partial
Lot
- Lot size: 0.46 Acres
- Features: Mature Trees,Trees-Small (Under 20 Ft)
Parking
- Total spaces: 3
- Parking features: Attached,Detached,Asphalt,Garage Door Opener,Garage Faces Rear
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- 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 | $2,017 | $24,204 |
| Home Insurance * | $408 | $4,896 |
| Property Taxes | $329 | $3,948 |
| Electricity | $330 | $3,962 |
| Total | $3,084 | $37,008 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow 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 |
|---|---|---|
| 2026-05-08 | Price change | $399,000 |
| 2026-04-15 | Price change | $414,000 |
| 2026-04-13 | Listed for sale | $420,000 |
| 2026-03-25 | Pending sale | $420,000 |
| 2026-03-16 | Listed for sale | $420,000 |
| 2025-08-25 | Sold | $190,000 |
| 2021-03-10 | Sold | $150,000 |
| 2020-12-15 | Pending sale | $159,900 |
| 2020-11-28 | Price change | $159,900 |
| 2020-10-30 | Price change | $169,900 |
| 2020-10-23 | Listed for sale | $179,900 |
| 2020-07-30 | Listing removed | $165,000 |
| 2020-01-20 | Pending sale | $165,000 |
| 2020-01-20 | Listed for sale | $165,000 |
| 2017-07-01 | Sold | $145,000 |
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