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  • $164,500

    5235 Rinehart Ave, Indianapolis, IN 46241

    2beds
    1,440sqft
    Residential, Single Family Residence
    Built in 1947
    0.75 Acres Lot
    $164,600 Zestimate®
    $114/sqft
    $1,315 Estimated rent

    Home value

    $164,600

    $156,000 - $173,000

    $1,315/mo

    Zestimate® history
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    What's special

    You must see this incredible bungalow home sitting on 3/4 an acre just minutes from downtown Indianapolis! At first glance you will adore the large mature trees on this large tree-lined lot. Step inside to beautiful hardwood floors in your sun filled living room framed by large windows. The spacious kitchen includes new appliances, backsplash and plenty of room for entertaining. Head downstairs to the huge full basement! An ideal spot for entertaining, an office, a home gym, or extra storage. Out back, the expansive fenced in yard is the true showstopper. Host friends on the patio, unwind around the fire pit, or let pets roam with ease. The mini barn adds even more room for storage or hobbies, and the detached one stall garage offers convenient covered parking or workspace options. Recent updates include a new backyard fence and new AC unit. Come see it today!

    Zillow last checked: 7 hours ago

    Listing updated: March 10, 2026 at 02:38pm

    Listing Provided by:

    Jordan Moody 765-336-1622,

    Keller Williams Indpls Metro N

    Bought with:

    Michelle West

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22070766MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 114.87 Square Feet
    • Dimensions: 11'7x9'11
    Bedroom 2
    • Level: Main
    • Area: 117.76 Square Feet
    • Dimensions: 11'7x10'2
    Kitchen
    • Level: Main
    • Area: 146.72 Square Feet
    • Dimensions: 11'7x12'8
    Living room
    • Level: Main
    • Area: 213.33 Square Feet
    • Dimensions: 11'7x18'5
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Electric Oven, Refrigerator
    Features
    • Hardwood Floors, Eat-in Kitchen
    • Flooring: Hardwood
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 1,440
    • Total interior livable area: 1,440 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Fencing: Fenced,Partial
    Lot
    • Size: 0.75 Acres
    • Features: Mature Trees
    Details
    • Parcel number: 491107101012000930
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Electric: 100 Amp Service
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: No Subdivision

    Price history

    DateEventPrice
    3/10/2026Sold$164,500+2.8%$114/sqft
    Source: MIBOR as distributed by MLS GRID #22070766 Report a problem
    12/15/2025Pending sale$160,000$111/sqft
    Source: MIBOR as distributed by MLS GRID #22070766 Report a problem
    12/1/2025Listed for sale$160,000+39.1%$111/sqft
    Source: MIBOR as distributed by MLS GRID #22070766 Report a problem
    5/27/2021Sold$115,000+4.6%$80/sqft
    Source: MIBOR as distributed by MLS GRID #21780685 Report a problem
    4/25/2021Pending sale$109,900$76/sqft
    Source: MIBOR as distributed by MLS GRID #21780685 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$940 +8.9%$86,800
    2023$863 +17.8%$86,800 +4.5%
    2022$732 -54.8%$83,100 +22%

    Find assessor info on the county website

    Neighborhood: Garden City

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $164,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $164,600