Amazing opportunity to own 3.87 acres w/home & 3-car extra large garage/workshop + additional out bldg! This charming original house needs some updating but still has the character you'll love in an older home. Wood floors, fireplace, formal dining room, large kitchen, glass tiled walls, 3 beds/2 baths, back deck, 200-amp service in house, 200-amp in the garage, and back shed. Needs new roof on garage and updates in bath and kitchen, great location, former family greenhouse business. Will sell below market value as is, firm on price of $199,500 (buyer pays fees if they use realtor). Thank you, Rick Miller (owner). 317-313-1646
Great value!! Lots of potential.
Sold for $49,000 on 03/26/25
$49,000
5508 Bluff Rd, Indianapolis, IN 46217
3beds
1,861sqft
SingleFamily
Built in 1890
387 Acres Lot
$262,600 Zestimate®
$26/sqft
$1,655 Estimated rent
Home value
$262,600
$231,000 - $291,000
$1,655/mo
Zestimate® history
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Owner options
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What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood, Laminate
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: masonry
Interior area
- Total interior livable area: 1,861 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl, Brick
Lot
- Size: 387 Acres
Details
- Parcel number: 491402123012000500
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1890
Community & neighborhood
Location
- Region: Indianapolis
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2025 | Sold | $49,000-75.4%$26/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/10/2019 | Listing removed | $199,500$107/sqft |
Source: Owner Report a problem | ||
| 9/16/2019 | Price change | $199,500-14.4%$107/sqft |
Source: Owner Report a problem | ||
| 7/24/2019 | Listed for sale | $233,000$125/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,510 +7.7% | $274,200 +9.7% |
| 2023 | $3,260 +2.1% | $250,000 +9.6% |
| 2022 | $3,193 +57.8% | $228,000 +5% |
Find assessor info on the county website
Neighborhood: Southdale
Nearby schools
GreatSchools rating
- 7/10William Henry Burkhart Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 7/10Perry Meridian 6th Grade AcademyGrades: 6Distance: 2.5 mi
- 9/10Perry Meridian High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- District: Perry Township
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$262,600
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
$262,600