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4906 S State Avenue

Indianapolis, IN 46227

3 beds
2 baths
1,432 sqft
~1/2 acre lot
$129 per sqft
1947 build

Don't miss the chance to own this well-loved, quaint 3-bedroom, 1.5-bath ranch, nestled on nearly half an acre, on the market for the first time in years. This home is ready for new buyers to bring their vision and make it shine! Sunlight pours through every freshly painted room, showcasing the home's timeless features, including beautiful original hardwood floors in the spacious front bedrooms. Hardwood continues beneath the living room carpet, ready to be uncovered and refinished should you desire, though carpets are brand new throughout. Delight in charming details such as arched doorways, solid wood doors, glass doorknobs, and classic hardware. The bright and airy laundry room, perfect for houseplants, leads to a large addition at the back-ideal as a serene primary bedroom retreat with an attached half bath or a spacious family room. The unfinished basement spans the original layout and already has plumbing in place for a future bathroom addition. Outside, the expansive 0.44-acre yard is a blank canvas, ready for your landscaping touches, a spot for pets, or even potential for further expansion. With a long driveway, parking is never an issue. This home is move-in ready as-is, but with a little work, love, and imagination, it could be restored to its full potential. You'll enjoy the convenience of nearby shopping and dining, plus I-65 and I-465 are minutes away for quick commutes, all while having the peace and quiet you crave. Don't let this opportunity slip away!

Listing courtesy of MIBOR / Maywright Property Co.

Last checked: Checking… • Last updated Apr 2, 2025 •

MLS# 22030088 —

The Building

Year Built:

1947
New Construction:

false
Construction Materials:

Aluminum Siding, Block, Cultured Stone
Architectural Style:

Ranch, TraditonalAmerican
Levels:

One
Basement:

true
Basement:

Interior Entry, Roughed In, Storage Space, Unfinished
Foundation Details:

Full, Block
Patio And Porch Features:

Covered Porch
Exterior Features:

Barn Mini
Accessibility Features:

No
Direction Faces:

West
Green Certification:

No
Building Area Total:

2368

Interior

Rooms:

6
Rooms Total:

6
Rooms Total:

6
Interior:

Bedroom Other on Main,Laundry in Unit
Interior Features:

Hardwood Floors, Eat-in Kitchen, Screens Some, Window Metal, Windows Vinyl, Windows Wood
Other Equipment:

Smoke Alarm, Sump Pump
Eating Area:

Dining Combo/Kitchen
Laundry Features:

Laundry Room, Main Level

Room Dimensions

SqFt:

1432
Main Level SqFt:

1432
Living Area:

1432

Location

Directions:

GPS Friendly
Latitude:

39.692174
Longitude:

-86.130103

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

491506115015000500
Acres:

1/4-1/2 Acre
Lot Features:

Not In Subdivision, Storm Sewer, Mature Trees
Lot Size Acres:

0.44
Lot Size SqFt:

19,341 Sqft
Price Per Acre:

420455
Property Condition:

Fixer
Additional Parcels:

false
View:

false
Waterfront:

false
Fencing:

Partial, Chain Link
Horse Amenities:

None
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

5005824
Tax Year:

2023
Tax Exemptions:

None
Semi Annual Property Tax Amt:

404

Beds

Beds:

3
Bedrooms:

3
Bedrooms Total:

3
Main Level Bedrooms:

3
Primary Bedroom Description:

Sitting Room,See Remarks

Baths

Baths:

2
Full Baths:

1
Full Baths:

1
Half Baths:

1
Half Baths:

1
Full Baths Main:

1
Half Baths Main:

1

Heating & Cooling

Heating:

Forced Air, Gas
Cooling:

Window Unit(s)

Utilities

Utilities:

Cable Available, Electricity Connected, Gas Nearby, Gas, Sewer Connected, Water Connected
Water Source:

Municipal/City
Solid Waste:

Yes

Appliances

Appliances:

Dishwasher, Dryer, Disposal, Gas Water Heater, Gas Oven, Refrigerator, Washer, Other

Schools

Elementary School:

Clinton Young Elementary School
Middle Or Junior School:

Southport Middle School
High School:

Southport High School
High School District:

Perry Township Schools

The Community

Subdivision Name:

Ellerslee
Spa:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Gravel
Garage:

false
Garage & Parking:

Guest Street Parking

Monthly cost estimate

Asking price

$185,000

Expense	Monthly cost
Mortgage	$990
Taxes	$67
Insurance	$50
Utilities	$148 See report
Total	$1,255/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/2/25 Apr 2, 2025	Listed / Active	MIBOR	$185,000

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This house located in Indianapolis, IN 46227 is currently for sale for $185,000. 4906 S State Avenue is a 1,432 square foot house with 3 beds and 2 baths. This house is in the attendance area of Southport Middle School, Homecroft Elementary School, Southport High School, and Southport 6th Grade Academy.

Listing Courtesy of: MIBOR and Maywright Property Co..

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Based on information submitted to the 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.

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