1133 N Somerset Ave, Indianapolis, IN, 46222
About This Home
Own a piece of Speedway! Just a 12-minute walk from the Indianapolis Motor Speedway, this traditional-style 2-bedroom, 1-bath home offers a rare opportunity to buy in one of Indiana's most recognizable communities. The property includes a wood privacy fence and two storage buildings, including a spacious garage-sized outbuilding perfect for storage, hobbies, or a workshop. Whether you're searching for your first home, an investment property, or your next project, this is your chance to make it your own.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1950
Materials
- Foundation: Crawl Space
- Construction materials: Aluminum Siding,Block,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Other
Bedroom2
- Level: Main
- Area: 1
- Dimensions: 1x1
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Ceiling Fan(s),Hardwood Floors,High Speed Internet
- Flooring: Hardwood
Heating & Cooling
- Heating features: Propane
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 672
- Total interior livable area: 672 sqft
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 1
- Dimensions: 1x1
Living Room
- Level: Main
- Area: 1
- Dimensions: 1x1
Master Bedroom
- Level: Main
- Area: 1
- Dimensions: 1x1
Property
Details
- Parcel number: 490632116040000901
- Special condition: As Is
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Fire Pit
- Fencing: Fenced,Privacy
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 5,227 sqft
- Features: Busline,Sidewalks,Mature Trees
Parking
- Parking features: Alley Access,On Street
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
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 | $429 | $5,148 |
| Home Insurance * | $90 | $1,080 |
| Property Taxes | $141 | $1,692 |
| Electricity | $184 | $2,212 |
| Total | $844 | $10,128 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Pending sale | $85,000 |
| 2026-07-29 | Listed for sale | $85,000 |
View on Zillow