5516 South State Avenue

Off Market

5516 South State Avenue

Indianapolis IN 46227

1336 sq. ft.

7492 sq. ft.

Single-Family

Last sold for $218,000

Craig DeBoor, last sold this property on 10 October 2025 after 44 days on market.

Overview

Welcome to this charming 3-bedroom, 2-bath bungalow in the heart of Perry Township! Built in 1938 and thoughtfully updated, this home blends character with modern convenience. Step inside this completely updated living space, featuring a cozy living room, an inviting formal dining room, and an eat-in kitchen complete with updated appliances. This home has been meticulously cared for and has all the right modern amenities including a brand new roof with a transferrable warranty! Outside, imagine picking ripe peaches from your 2 peach trees! The fenced backyard is perfect for pets or play, ideal for entertaining. The home also includes a one-car garage with extra storage. Situated on a charming street you'll love the proximity to schools, shopping, dining, and quick access to downtown Indianapolis. This home is ready to welcome its next owner!

Features

3 bedrooms

2 bathrooms

1 carspace

1 garage space

1336 sq. ft. floor area

7492 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 5516 South State Avenue is $235.33k.

Median value

$235.33k

Estimated value range

$93k - $465k

Median days on market

Estimated value trend

-1%

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 5516 South State Avenue

2025

Sold

$218,000

10 Oct 2025 by Craig DeBoor, of Real Broker, LLC

2014

Sold

$75,000

30 Sep 2014 by David Brenton, of DAVID BRENTON'S TEAM

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 4 reviews in Indianapolis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Indianapolis

In the last 12 months, 268 three-bedroom single-family properties similar to 5516 South State Avenue, have been sold.

This represents a 9% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Indianapolis for a market analysis.

Alicia McAvene

at Highgarden Real Estate

(17 reviews)

Get a market analysis

Georgina Becerra

at F.C. Tucker Company

(2 reviews)

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Barbara Whiteside

at Keller Williams Indy Metro NE

(83 reviews)

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Sarah Riggen

at Keller Williams Indy Metro S

(2 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indianapolis

Alicia McAvene

Alicia McAvene is an award winning recommended agent for Indianapolis. They have 1 local sale and collected 2 local reviews across the last 12 months.