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511 Georgetown Rd, Greenwood, IN, 46142

5beds
4baths
5,564sqft
$499,000
$90price/sqft
$3,684/moest. monthly cost
$147,360/yrincome needed

About This Home

Welcome to 511 Georgetown Rd, a spacious and well-appointed home located in the established Oldfield Estates community in Greenwood. This 5-bedroom, 3.5-bath residence offers a versatile layout with a fully finished basement and a 3-car garage, providing the space and functionality today's buyers are looking for. The main level features hardwood floors throughout much of the living space, along with an open kitchen and dining area that flows seamlessly for everyday living and entertaining. Upstairs, the primary suite includes a sitting area and a generously sized en suite bath, creating a comfortable retreat. Additional bedrooms offer flexibility for family, guests, or home office needs. The finished basement expands the home's living space with a large recreation area, media room, an additional bedroom, and a full bath-ideal for entertaining or multi-generational living. Step outside to a fully fenced backyard designed for enjoyment, featuring a wood deck, expansive stone patio, and firepit-perfect for gatherings or relaxing evenings. Located in a no-HOA neighborhood, this home offers added flexibility while still being just minutes from shopping, dining, parks, and major roadways for an easy commute. With its combination of space, layout, and outdoor living, 511 Georgetown Rd presents a strong opportunity in the Greenwood market.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
6/10
Greenwood Middle SchoolGrades 6-81.2 mi
6/10

Construction

Condition

  • Year built: 2004

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven,Refrigerator,MicroHood,Gas Water Heater,Microwave,Washer,Dryer
  • Laundry features: Main Level,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Ceiling - 9+ feet,Daylight,Egress Window(s),Finished

Bedroom2

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedroom3

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedroom4

  • Level: Upper
  • Area: 300
  • Dimensions: 20x15

Bedroom5

  • Level: Basement
  • Area: 132
  • Dimensions: 12x11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Family Room

  • Level: Main
  • Area: 272
  • Dimensions: 17x16

Features

  • Attic Access,High Ceilings,Walk-In Closet(s),Hardwood Floors,Double Vanity,Eat-in Kitchen,Entrance Foyer,High Speed Internet,Kitchen Island,Pantry,Wet Bar
  • Window features: Wood Work Painted
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Great Room,Masonry,Living Room
  • Fireplace: Yes
  • Attic: Access Only
  • Finished area below ground: 1,246

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Heat Pump
  • Cooling features: Central Air,Ductless,Heat Pump

Interior Area

  • Total structure area: 5,564
  • Total interior livable area: 5,564 sqft

Kitchen

  • Level: Main
  • Area: 156
  • Dimensions: 12x13

Laundry

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 49
  • Dimensions: 07x07

Living Room

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

Master Bedroom

  • Level: Upper
  • Area: 391
  • Dimensions: 23x17

Other

  • Level: Basement
  • Area: 272
  • Dimensions: 17x16

Play Room

  • Level: Basement
  • Area: 228
  • Dimensions: 19x12

Property

Details

  • Parcel number: 410231033101000042
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Exterior features: Fire Pit
  • Fencing: Fenced,Full

Lot

  • Lot size: 10,454 sqft
  • Features: Storm Sewer,Street Lights,Mature Trees

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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Lightning

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

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 $2,523$30,276
Home Insurance *$275$3,300
Property Taxes $376$4,512
Electricity $510$6,120
Total$3,684$44,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,308/yr
40% on housing$110,520/yr
45% on housing$98,240/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: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$90This listing

vs Other Active Listings

Avg $/sqft

ZIP 46142$126
Johnson County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 46142$164
Johnson County$151

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
2026-05-04Listed for sale$499,900
2022-03-11Sold$448,000
2022-02-08Pending sale$449,900
2022-02-04Listed for sale$449,900
2015-03-13Sold$252,000
2015-03-01Pending sale$255,000
2015-02-08Price change$255,000
2015-01-19Pending sale$260,000
2015-01-01Listed for sale$260,000

For Sale by Agent

AgentDevan Lunceford
BrokerageEllsbury Group

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