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1533 Tannery Way, Indianapolis, IN, 46202

2beds
3baths
1,299sqft
$319,900
$246price/sqft
$2,189/moest. monthly cost
$87,560/yrincome needed

About This Home

Welcome home to 1533 Tannery Way - a stunning modern townhome in one of Indianapolis's most walkable and vibrant neighborhoods. This beautifully designed 2-bed, 2.5-bath home offers 1,299 sq ft of thoughtfully curated living space, including a bonus office/flex room on the entry level - perfect for working from home or a creative studio. The open-concept main floor wows with a beautifully appointed kitchen featuring two-tone cabinetry, quartz countertops, herringbone tile backsplash, stainless steel appliances, and a large island with seating. The bright living and dining areas flow seamlessly together, anchored by designer lighting and a stunning board-and-batten accent wall. Step out onto your private balcony to enjoy the outdoors. Head upstairs to find two spacious bedrooms, including a primary suite that is a true retreat with a spa-like en suite bath and gorgeous natural light. Located steps from the Monon Trail and O'Bannon Park, with a community dog park on-site - the perfect blend of neighborhood charm and low-maintenance living.

Getting Around

55
WalkingSomewhat Walkable
37
TransitSome Transit
69
BikeBikeable

Schools

4/10
1/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2020

Materials

  • Foundation: Concrete Perimeter,Slab
  • Construction materials: Brick,Cement Siding

Other

  • Builder name: Onyx+east

Type & Style

  • Home type: Townhouse
  • Architectural style: Contemporary
  • Property subType: Residential,Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Water Heater,Disposal,Microwave,Electric Oven,Range Hood,Refrigerator,Washer
  • Laundry features: Laundry Closet,Upper Level

Bedroom2

  • Level: Upper
  • Area: 120
  • Dimensions: 10x12

Bedrooms & Bathrooms

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

Bonus Room

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 126
  • Dimensions: 9x14

Features

  • High Ceilings

Heating & Cooling

  • Heating features: High Efficiency (90%+ AFUE ),Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,299
  • Total interior livable area: 1,299 sqft

Kitchen

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Living Room

  • Features: Luxury Vinyl Plank
  • Level: Main
  • Area: 264
  • Dimensions: 22x12

Master Bedroom

  • Level: Upper
  • Area: 140
  • Dimensions: 10x14

Property

Details

  • Parcel number: 490731173035020101
  • Attached to another structure: Yes
  • Horse amenities: None

Features

  • Levels: Three Or More
  • Exterior features: Balcony,Smart Lock(s)
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 871.20 sqft

Parking

  • Total spaces: 1
  • Parking features: Attached
  • 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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $1,617$19,404
Home Insurance *$151$1,812
Property Taxes $237$2,844
Electricity $184$2,212
Total$2,189$26,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,051/yr
40% on housing$65,670/yr
45% on housing$58,373/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

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 46202$169
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46202$182
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
2026-05-02Listed for sale$340,000
2020-12-31Sold$292,188

For Sale by Agent

AgentJess Martin
BrokerageMaywright Property Co.

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