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Off Market

5140 Indianola Ave

Indianapolis IN 46205

2
1
1
1628 sq. ft.
6621 sq. ft.
Single-Family
Last sold for $245,000
Erik WentzErik Wentz, last sold this property on 15 May 2025 after 34 days on market.

Overview

What a true Sobro Gem! This updated 2 bedroom 1 bathroom home is perfectly nestled in the heart of South Broad Ripple, where it all is happening. The charm of this home has remained intact, while all of the modern amenities have been added. Beautiful hardwood floors, archways, mail slot, and original front door are just a few of these charms. Not to mention a garage in this area is like hitting a jackpot. A very sizable fenced in back yard with firepit is yours to enjoy. If that isn't enough nature, this home is just next to the beautiful Monon Trail and Arsenal Park. We are so excited to present 5140 Indianola Ave, a Sweet Sobra Spot!

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
1628 sq. ft. floor area
6621 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 5140 Indianola Ave is $225k.

Median value
$225k
Estimated value range
$69.9k - $900k
Median days on market
19
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5140 Indianola Ave

2025
Sold
$245,000
15 May 2025 by Erik Wentz, of F.C. Tucker Company
2016
Sold
$149,000
28 Nov 2016 by Scott Lacy, of Asset One Real Estate Company

Happy sellers in Indianapolis

90%
90% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Indianapolis over the last 12 months.

Local market activity for 2 bedroom single-family properties in Indianapolis

In the last 12 months, 92 two-bedroom single-family properties similar to 5140 Indianola Ave, have been sold.

This represents a 5% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

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Summer Hudson

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Sellers who recommend Frank W. Tinsley have praised them for being local expert, responsive, clear communication, detail-oriented, friendly, patient, and supportive

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Bif Ward

Bif Ward is an award winning recommended agent for Indianapolis.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (17 reviews)
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