5504 Indianola Ave
Indianapolis, IN 46220
2 bd 1 ba 1,896 sqft Built 1941 Lot 7,841 sqft single_family
Most recent sale
$316,000
Sep 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 4, 2025 | Sold | $340,233 | MIBOR |
| May 9, 2025 | Listed | $347,999 | MIBOR |
| Sep 28, 2022 | Sold | $316,000 | Public Record |
| Sep 23, 2022 | Sold | $316,000 | MIBOR |
| Aug 18, 2022 | Listed | $314,900 | MLS #21878292 |
| Apr 18, 2018 | Sold | $215,000 | Public Record |
| Apr 17, 2018 | Listing removed | $215,000 | MIBOR |
| Mar 21, 2018 | Price changed | $215,000 | MLS #21551466 |
| Mar 15, 2018 | Listed | $209,500 | MLS #21551466 |
| Apr 9, 2015 | Listing removed | $178,900 | MIBOR |
| Apr 6, 2015 | Sold | $170,000 | Public Record |
| Dec 12, 2014 | Price changed | $178,900 | MLS #21324543 |
| Nov 11, 2014 | Listed | $179,900 | MLS #21324543 |
| Jun 13, 2003 | Sold | $187,629 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $321,900 | $41,000 | $362,900 | $4,125 |
| 2024 | $291,600 | $41,000 | $332,600 | $4,079 |
| 2023 | $288,400 | $41,000 | $329,400 | $4,011 |
| 2022 | $237,800 | $24,600 | $262,400 | $3,503 |
| 2021 | $237,800 | $24,600 | $262,400 | $3,134 |
| 2020 | $212,700 | $24,600 | $237,300 | $2,842 |
| 2019 | $201,600 | $24,600 | $226,200 | $2,758 |
| 2018 | $142,900 | $24,600 | $167,500 | $2,047 |
| 2017 | $144,800 | $24,600 | $169,400 | $1,867 |
| 2016 | $139,300 | $24,600 | $163,900 | $3,478 |
| 2015 | $132,900 | $24,600 | $157,500 | $1,712 |
| 2014 | $130,400 | $24,600 | $155,000 | $1,657 |
| 2013 | $125,500 | $24,600 | $150,100 | $1,550 |
| 2012 | $153,600 | $24,600 | $178,200 | $1,652 |
| 2011 | $134,400 | $24,600 | $159,000 | $1,905 |
| 2010 | $142,900 | $24,600 | $167,500 | $1,797 |
| 2008 | $132,200 | $24,600 | $156,800 | $1,529 |
| 2006 | $105,200 | $24,600 | $129,800 | $1,404 |
Property facts
Year built
1941
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,896 sqft
Lot size
7,841 sqft
ZIP code
46220
City
Indianapolis
Street
Indianola Ave
Coordinates
39.85315, -86.13536
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,844
Gross rental yield
10.80%
Implied cap rate
7.02%
Trend-extrapolated value
—
Frequently asked questions
When did 5504 Indianola Ave last sell?
5504 Indianola Ave most recently sold on Sep 28, 2022 for $316,000.
What is the current tax assessment for 5504 Indianola Ave?
The most recent total assessment for 5504 Indianola Ave (year 2025) is $362,900 with $4,125 in property tax.
How does 5504 Indianola Ave's assessment compare to its last sale price?
The current assessment is 14.8% above the last sale price of $316,000.
When was 5504 Indianola Ave built?
5504 Indianola Ave was built in 1941.
How does 5504 Indianola Ave compare to others on Indianola Ave?
We track 8 other properties on Indianola Ave. Browse the list under "Other properties on Indianola Ave" to compare beds, baths, and sale history.
What are the property facts for 5504 Indianola Ave?
5504 Indianola Ave is a 2 bed, 1 bath, 1,896 sqft, 7,841 sqft lot single_family.
Is 5504 Indianola Ave a flip candidate?
No — 5504 Indianola Ave does not appear in our flips dataset.
Is 5504 Indianola Ave a tax-appeal candidate?
No — 5504 Indianola Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.3%
Implied 1-yr
-9.1%
2026 Q3
$345.1K
2026 Q4
$335.8K
ZIP 46220 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Indianola Ave