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5114 Hillside Ave, Indianapolis, IN, 46205

$299,900

Home List Price

$3,561*

Closing Credit

3 Bedrooms
2 Full Baths
1,768 SqFt
$170/SqFt
House

Location

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5114 Hillside Ave, Indianapolis$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1950
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #22012485
Lot Size0.13 Acres
StatusActive

About 5114 Hillside Ave

This is the perfect investment opportunity for you! This fully updated home, currently configured as a duplex, is a rare find on a quiet dead-end street with minimal road noise. The upstairs unit features 2 spacious bedrooms, 1 modern bathroom, and an open-concept living area with updated finishes throughout. The finished basement apartment offers 1 bedroom, 1 bathroom, a cozy living space, and its own private entrance, providing flexibility for tenants or guests. Both units are successfully operating as mid-term rentals and come fully furnished with everything needed to continue generating consistent cash flow immediately. The property's layout allows for an easy conversion back into a single-family home, making it an excellent option for investors or homeowners seeking long-term versatility. Close to everything Indy has to offer, this property combines charm, modern upgrades, and incredible income potential. Schedule your showing today to see all the possibilities this property has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1950
  • Living Area: 1,768 SqFt

Listing Office:

  • Office Name: Ferris Property Group
  • Office Email: kiki@ferrispropertygroup.com
  • Listing Agent: Kierstyn Wood

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Basement: Yes
  • Interior: Windows Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $170/SqFt

Tax Information:

  • Annual Amount: $523
  • 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

5114 Hillside Ave vs Indianapolis

31 DAYS ON ROCKET

-5 Days

$299,900

+$51.7K More

$170/SqFt

+$30 More

KEY TAKEAWAY

This property is $51.7K more than the Median Sold Price and $30/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: #22012485

Listing Office:

  • Office Name: Ferris Property Group
  • Office Email: kiki@ferrispropertygroup.com
  • Listing Agent: Kierstyn Wood

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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 2020Home Sold
$195,000
Sep 19, 2019Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2020$523$117,900
2019$575$112,200
2018$564$109,100
2017$553$105,400

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-1101639
4
/10
  • Ace Preparatory Academy

  • 5326 Hillside Ave

  • 0.31 miles

  • Public Charter Grades KG-5

school-card-donut-1101640
1
/10
  • Tindley Genesis Academy

  • 4020 Meadows Pkwy

  • 1.14 miles

  • Public Charter Grades KG-6

school-card-donut-1101641
3
/10
  • Avondale Meadows Academy

  • 3980 Meadows Dr

  • 1.30 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,371. The most common annual income of people living in Indianapolis, IN is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5114 Hillside Ave

What is the listing price of this property?

The listing price of 5114 Hillside Ave property is $299,900.

What type of property is this?

The property 5114 Hillside Ave is a house located in Indianapolis, Indiana, 46205.

Is this property for sale now?

Active Listing: 5114 Hillside 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 $523 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 16, 2020 for $195,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5114 Hillside Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5114 Hillside Ave is 1,768 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5114 Hillside Ave is 1950.

Rocket HomesIndianaMarion CountyIndianapolis462055114 Hillside Ave

This home is located at 5114 Hillside Ave in Indianapolis, IN and zip code 46205 in the Fairgrounds neighborhood. This 1,768 square foot home, which was built in 1950, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $299,900.

In November 2024, from all listings sold in Indianapolis, IN there were more than 170 sold above asking price, over 429 sold below and more than 231 were sold right at the asked price. Between October 2024 and November 2024, Indianapolis, IN real estate market has seen decrease in the number of listings by 5.8%. 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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