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4259 Indian Pipe Trce #0, Indianapolis, IN, 46237

3beds
2baths
2,488sqft
$204,900
$82price/sqft
$1,537/moest. monthly cost
$61,480/yrincome needed

About This Home

Pictures don't do this incredible condo justice! Take a moment to appreciate all the updates like 3/4" Hickory hardwood floors on first & second floors. Amazing floor plan offers great room with cathedral ceiling & inviting fireplace. Updated kitchen with new cabinets, backsplash, solid surface counter tops. Appliances, including refrigerator are included. Updated baths on main and upper levels offer tile flooring & other updates. Formal dining room allows space for dinner parties. Bedroom & full bath on main floor. Upstairs is a spacious primary bedroom & walk in closet, a loft bedroom (which could be enclosed) & walk in closet. Family room in walk out basement offers built in bookshelves for all your special knickknacks. Bonus room (no window but currently used as overflow bedroom), cozy conversation room with second fireplace, and two storage rooms too! Entertaining in easy with a main floor deck plus a covered patio off the walk out basement. Fabulous views and a private setting will have you slowing down and enjoying morning coffee or winding down after a long day! Note two car finished garage too! HOA fee includes water and sewer as well as all exterior maintenance and the clubhouse. Nothing to do but enjoy!

Getting Around

6
WalkingCar-Dependent
23
TransitMinimal Transit
17
BikeSomewhat Bikeable

Schools

5/10
Southport Middle SchoolGrades 7-82.0 mi
4/10
Southport High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Block
  • Construction materials: Cedar

Type & Style

  • Home type: Condo
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven,Trash Compactor,Electric Water Heater
  • Laundry features: Upper Level

Basement

  • Has basement: Yes
  • Basement: Finished Ceiling,Finished Walls,Full,Partially Finished,Storage Space,Walk-Out Access

Bedroom2

  • Level: Main
  • Area: 168
  • Dimensions: 12x14

Bedroom3

  • Level: Upper
  • Area: 168
  • Dimensions: 12x14

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Features

  • Attic Access,Cathedral Ceiling(s),Hardwood Floors,High Speed Internet,Eat-in Kitchen,Pantry,Walk-In Closet(s)
  • Window features: Wood Work Painted
  • Flooring: Hardwood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room,Wood Burning
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 675
  • Common walls with other units/homes: End Unit

Great Room

  • Level: Main
  • Area: 330
  • Dimensions: 22x15

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,488
  • Total interior livable area: 2,488 sqft

Kitchen

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

Master Bedroom

  • Level: Upper
  • Area: 192
  • Dimensions: 12x16

Play Room

  • Level: Basement
  • Area: 182
  • Dimensions: 13x14

Property

Details

  • Parcel number: 491033113008000500
  • Attached to another structure: Yes
  • Horse amenities: None

Features

  • Levels: Multi/Split
  • Entry location: Building Private Entry
  • Patio & porch: Covered,Deck,Patio
  • Exterior features: Other

Lot

  • Lot size: 1,742 sqft
  • Features: Cul-De-Sac,Mature Trees,Wooded

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
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado
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 $1,036$12,432
Home Insurance *$122$1,464
Property Taxes $151$1,812
Electricity $228$2,736
Total$1,537$18,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,697/yr
40% on housing$46,110/yr
45% on housing$40,986/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

$82This listing

vs Other Active Listings

Avg $/sqft

ZIP 46237$132
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46237$148
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
2026-05-06Price change$204,900
2026-04-11Listed for sale$224,900
2022-12-12Sold$187,000
2022-10-16Pending sale$194,900
2022-10-04Price change$194,900
2022-09-22Listed for sale$199,900
2022-08-24Pending sale$199,900
2022-08-16Price change$199,900
2022-08-06Listed for sale$219,900

For Sale by Agent

AgentSuzanne Roell-Carlson
BrokerageSmart Choice Realtors, LLC

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