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2307 N Alabama St, Indianapolis, IN, 46205

4beds
3baths
2,532sqft
$475,000
$188price/sqft
$3,488/moest. monthly cost
$139,520/yrincome needed

About This Home

Step into a home where timeless character meets everyday comfort. Built in 2005 with the charm and detail of a classic Craftsman, this home offers the feel of a historic property-without the maintenance that often comes with it. Set on a beautiful tree-lined street, the inviting front porch is the kind of place that naturally slows you down-perfect for morning coffee or unwinding at the end of the day. Inside, you're welcomed by warm hardwood floors and a striking fireplace featuring custom tiles, creating a natural gathering space for both quiet evenings and hosting friends. The main level flows easily from room to room, offering a balance of openness and defined spaces. The kitchen features stainless steel appliances and granite countertops. Upstairs, the primary suite spans the entire level, offering a true retreat with a spacious separate sitting room, walk-in closet, and private bath. The home continues to offer flexibility with a fully finished basement that includes additional bedrooms, a full bathroom, and generous space for a rec room, home theater, or whatever fits your lifestyle best. There is also a versatile room on the ground floor that can easily function as a bedroom, private office, or guest space, with the convenience of a full bathroom nearby. Storage is abundant across all three levels-something rarely found in homes with this architectural style. At the back of the home, a light-filled sunroom-used by the current owners as an orangerie during the winter months-creates a unique and peaceful transition between indoors and out. It opens onto a private patio and garden area where thoughtful landscaping and seasonal plantings make the space feel like your own hidden retreat. Located just steps from Lincoln Park and within easy reach of local favorites like Loco and Bocca, this home offers not just space, but a lifestyle-one rooted in charm, convenience and everyday living.

Getting Around

84
WalkingVery Walkable
50
TransitGood Transit
72
BikeVery Bikeable

Schools

4/10
2/10
Shortridge High SchoolGrades 9-121.3 mi
3/10

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Cement Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,MicroHood,Gas Oven,Refrigerator,Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedroom2

  • Level: Main
  • Area: 96
  • Dimensions: 12x8

Bedroom3

  • Features: Other
  • Level: Basement
  • Area: 121
  • Dimensions: 11x11

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Features

  • Attic Access,High Ceilings,Ceiling Fan(s),Hardwood Floors,High Speed Internet,Walk-In Closet(s)
  • Window features: Wood Work Painted
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 952

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,532
  • Total interior livable area: 2,532 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 112
  • Dimensions: 14x8

Living Room

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Master Bedroom

  • Level: Upper
  • Area: 360
  • Dimensions: 18x20

Play Room

  • Features: Other
  • Level: Basement
  • Area: 403
  • Dimensions: 13x31

Property

Details

  • Parcel number: 490625174165003101
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Glass Enclosed
  • Exterior features: Gutter Guards,Lighting
  • Fencing: Fenced,Full

Lot

  • Lot size: 5,662 sqft
  • Features: Curbs,Sidewalks,Storm Sewer,Street Lights,Mature Trees,Trees-Small (Under 20 Ft)

Parking

  • Total spaces: 2
  • Parking features: Detached
  • 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
  • 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 $2,401$28,812
Home Insurance *$318$3,816
Property Taxes $537$6,444
Electricity $232$2,785
Total$3,488$41,856
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$119,588/yr
40% on housing$104,640/yr
45% on housing$93,013/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

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 46205$135
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46205$135
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
2026-04-24Price change$535,000
2026-03-26Listed for sale$550,000

For Sale by Agent

AgentPatrick Keller
BrokerageCrestPoint Real Estate

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