See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5527 Forest Ridge Ct, Indianapolis, IN, 46203

4beds
3baths
1,962sqft
$279,900
$143price/sqft
$2,100/moest. monthly cost
$84,000/yrincome needed

About This Home

Welcome Home tothis charming 4 bedroom 2.5 bath home, the perfect starter home built in 2001! This cozy and well-maintained residence offers a fuctional layout with cofortable living spaces designed for both everyday living and entertaining. Enjoy a bright and inviting main living area, a spacious kitchen with plenty of storage and generously sized bedrooms that provide room for everyone. The primary suite features its own private bath, creating relaxing retreat at the end of the day. Step outside to a fully privacy-fenced backyard-ideal for gatherings, summer barvecues, pets, or simply unwinding in your won peaceful space. Whether you're hosting friends or enjoying a quiet evening outdoors, this backyard is ready for it all. Convenient, comfortable, and move-in-ready-this home is a wonderful opportunity you don't want too miss!

Getting Around

8
WalkingCar-Dependent
19
TransitMinimal Transit
28
BikeSomewhat Bikeable

Schools

8/10
2/10

Construction

Condition

  • Year built: 2001

Materials

  • Foundation: Slab
  • Construction materials: Vinyl With Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Electric Oven,Refrigerator

Bedroom2

  • Level: Upper
  • Area: 143
  • Dimensions: 11 x 13

Bedroom3

  • Level: Upper
  • Area: 100
  • Dimensions: 10 x 10

Bedroom4

  • Level: Upper
  • Area: 130
  • Dimensions: 13 x 10

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 130
  • Dimensions: 13 x 10

Family Room

  • Level: Main
  • Area: 240
  • Dimensions: 15 x 16

Features

  • Attic Access,High Speed Internet,Eat-in Kitchen,Pantry
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Wood Burning
  • Fireplace: Yes
  • Attic: Access Only

Heating & Cooling

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

Interior Area

  • Total structure area: 1,962
  • Total interior livable area: 1,962 sqft

Kitchen

  • Level: Main
  • Area: 182
  • Dimensions: 13 x 14

Master Bedroom

  • Level: Upper
  • Area: 266
  • Dimensions: 14 x 19

Property

Details

  • Parcel number: 491027106013000302
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,534 sqft

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 WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Earthquake
Heat Wave
Inland Flooding
Lightning
Strong Wind
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 $1,415$16,980
Home Insurance *$206$2,472
Property Taxes $295$3,540
Electricity $184$2,212
Total$2,100$25,200
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,000/yr
40% on housing$63,000/yr
45% on housing$56,000/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

$143This listing

vs Other Active Listings

Avg $/sqft

ZIP 46203$117
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46203$129
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
2026-04-23Price change$279,900
2026-03-23Price change$284,000
2026-03-06Listed for sale$285,000
2024-05-24Sold$251,500
2024-04-15Pending sale$249,900
2024-04-12Listed for sale$249,900

For Sale by Agent

AgentAwett Tedla
BrokerageF.C. Tucker Company

Similar Homes