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5065 S State Ave, Indianapolis, IN, 46227

$224,900

Home List Price

$2,671*

Closing Credit

3 Bedrooms
1 Full Bath
1,107 SqFt
$203/SqFt
House

Location

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5065 S State Ave, Indianapolis$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1958
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #22015560
Lot Size0.54 Acres
StatusActive

About 5065 S State Ave

Absolutely adorable all brick 3 bedroom, 1 bath, 1,167 sf ranch with an oversized 2 car detached garage. Updates include: kitchen cabinets, granite countertops, vinyl hardwood flooring, vinyl windows, bathroom, HVAC, water heater, asphalt drive and more. 1/2 acre lot with no HOA and close to all modern conveniences

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1958
  • Living Area: 1,107 SqFt

Listing Office:

  • Office Name: Mike Watkins Real Estate Group
  • Office Email: pwatkins@mikesoldme.com
  • Listing Agent: Patrick Watkins

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave Hood, Gas Oven, Refrigerator, Washer
  • Basement: No
  • Interior: Windows Vinyl, Wood Work Painted

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.54 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Madison Avenue to Epler. East to State. North to house on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900
  • Price Per SqFt: $203/SqFt

Tax Information:

  • Annual Amount: $48
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

5065 S State Ave vs Indianapolis

1 DAY ON ROCKET

-35 Days

$224,900

-$23.2K Less

$203/SqFt

+$63 More

KEY TAKEAWAY

This property is $23.2K less than the Median Sold Price and $63/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22015560

Listing Office:

  • Office Name: Mike Watkins Real Estate Group
  • Office Email: pwatkins@mikesoldme.com
  • Listing Agent: Patrick Watkins

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:16:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$48$98,000
2019$204$74,700
2018$199$71,600
2017$194$69,700

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-686825
6
/10
  • Southport 6th Grade Academy

  • 5715 S Keystone Ave

  • 0.67 miles

  • Public District Grades 6-6

school-card-donut-686826
3
/10
  • Clinton Young Elementary School

  • 5740 McFarland Rd

  • 0.84 miles

  • Public District Grades 1-5

school-card-donut-686827
3
/10
  • Raymond F. Brandes Elementary School 65

  • 4065 Asbury St

  • 1.20 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,702. The most common annual income of people living in Indianapolis, IN is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5065 S State Ave

What is the listing price of this property?

The listing price of 5065 S State Ave property is $224,900.

What type of property is this?

The property 5065 S State Ave is a house located in Indianapolis, Indiana, 46227.

Is this property for sale now?

Active Listing: 5065 S State Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $48 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5065 S State Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5065 S State Ave is 1,107 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5065 S State Ave is 1958.

Rocket HomesIndianaMarion CountyIndianapolis462275065 S State Ave

This home is located at 5065 S State Ave in Indianapolis, IN and zip code 46227 in the Ellerslee neighborhood. This 1,107 square foot home, which was built in 1958, sits on a 0.54 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $224,900.

In November 2024 more than 170 listings in Indianapolis, IN were sold above the asking price. During the same period more than 231 listings were sold at asking price, while more than 429 were sold below. In November 2024 in Indianapolis, IN there were 5.8% less homes for sale than in October 2024. While the average time on the market in November 2024 was 36 days, the median list price was $248,146.

From Rocket Homes Real Estate and based on county public records data.

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