Sold1055d on marketHistoric · 88 yrs
5027 Reeder St
Indianapolis, IN, 46203 • Near Southeast • Marion County
$149,000
$114/sqft
3Beds
2Baths
1,308Sqft
0.21 acLot
1938Built
Property DNA
Bungalow Style
Built 1938 · 88 years of history
Days Southeastern
Near Southeast
Outdoor Living
Deck · Covered
Barn Mini
Barn Mini
2-Car Garage
Asphalt · Attached
This home is in high demand
Listed 1055 days ago · 3 views · Top 4% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
1055 days on market
Established listing
$114/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 4% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1938 · Historic
Great, move-in ready, rehabbed, 3 BR / 1.5 bath home close to downtown Indianapolis perfect for an investor or a new family! The home features three bedrooms, 1.5 baths and a large attached garage, large front porch, fenced back yard with mini-barn and privacy with a set back location off Reeder Street. Lots of recent updates including a NEW ROOF, fresh paint inside and out, NEW A/C and FURNACE systems, upgraded electrical and added outlets throughout the home, all new flooring, carpeting and padding throughout, 3 new windows and a resurfaced garage floor.
Standout features identified
Our analysis highlights large attached garage, large front porch, and new roof as key attractions of this home.
Estimated monthly payment
Based on current rates
$978/month
Principal & Interest$779
Property Tax$149
Insurance$50
Down payment20% ($29,800)
3%50%
Est. 6.83% rate · 30yr fixed · $119,200 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1938
HeatingForced Air
Parking2 Attached Garage spaces
Lot9,147 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleBungalow
Year built1938
Stories1
Systems
HeatingForced Air
ConstructionVinyl Siding
Water / SewerMunicipal/City
Parking & Outdoor
ParkingAsphalt, Attached
Garage2 spaces
FencingFence Full Rear,Partial
Lot9,147 sqft
Location & Tax
NeighborhoodNear Southeast
Annual tax$2,036
Parcel491016112051000101
Bathrooms & Fees
Full baths1
Features & details
11 categories of property features
Interior Features
Interior
Attic Access
High Speed Internet
Eat-in Kitchen
Smart Thermostat
Appliances
Gas Water Heater
Refrigerator
Heating
Forced Air
Laundry
Main Level
Windows
Screens
Storm Window(s)
Windows Thermal
Wood Work Stained
Accessibility
Accessible Entrance
Handicap Accessible Interior
Exterior Features
Parking
Asphalt
Attached
Construction
Vinyl Siding
Patio & Porch
Deck
Covered
Lot Features
Storm Sewer
Trees-Small (Under 20 Ft)
Other Structures
Barn Mini
Room details
6 rooms detailed
Master Bedroom
Main17×12 ft204 sqft
Bedroom2
Main9×16 ft144 sqft
Bedroom3
Upper10×22 ft220 sqft
Dining Room
Main9×9 ft81 sqft
Kitchen
Main9×12 ft108 sqft
Vinyl
Living Room
Main17×12 ft204 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market1055
Est. value$178,000
Est. rent$1,480/mo
Tax rate0.96%
Price/sqft$114
On marketApr 7, 2023
PostedApr 7, 2023
Last sold$149,000
MLS statusSold
MLS updatedMay 19, 2023
Tour days6
Views3
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46203
Price history
10 events
DateEventPrice$/sqftSource
May 19, 2023Sold$149,000$114MIBOR as distributed by MLS GRID
Apr 18, 2023Pending Sale$159,500$122MIBOR as distributed by MLS GRID
Apr 4, 2023Price Change$159,500$122MIBOR as distributed by MLS GRID
Feb 28, 2023Price Change$164,950$126MIBOR as distributed by MLS GRID
Jan 26, 2023Price Change$170,000$130MIBOR as distributed by MLS GRID
Dec 7, 2022Listed For Sale$175,000$134MIBOR as distributed by MLS GRID
Jan 27, 2015Listing Removed$675$1Lease317
Jan 20, 2015Price Change$675$1Lease317
Nov 6, 2014Listed For Rent$700$1Lease 317
May 24, 2006Sold$68,000$52MIBOR as distributed by MLS GRID
Sold$149,000
May 19, 2023•$114/sqft•MIBOR as distributed by MLS GRID
Pending Sale$159,500
Apr 18, 2023•$122/sqft•MIBOR as distributed by MLS GRID
Price Change$159,500
Apr 4, 2023•$122/sqft•MIBOR as distributed by MLS GRID
Price Change$164,950
Feb 28, 2023•$126/sqft•MIBOR as distributed by MLS GRID
Price Change$170,000
Jan 26, 2023•$130/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$175,000
Dec 7, 2022•$134/sqft•MIBOR as distributed by MLS GRID
Listing Removed$675
Jan 27, 2015•$1/sqft•Lease317
Price Change$675
Jan 20, 2015•$1/sqft•Lease317
Listed For Rent$700
Nov 6, 2014•$1/sqft•Lease 317
Sold$68,000
May 24, 2006•$52/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$1,192$121,100
Apr 9, 2023$2,892$121,100
Apr 9, 2022$2,037$122,500
Apr 9, 2021$1,938$88,300
Apr 9, 2020$1,962$83,700
Apr 9, 2019$1,763$83,100
Apr 9, 2018$1,544$74,000
Apr 9, 2017$1,525$71,200
Apr 9, 2016$1,462$67,700
Apr 9, 2014$1,578$73,000
Apr 9, 2013$111$74,500
Apr 9, 2012$111$72,800
Apr 9, 2011—$64,700
Apr 9, 2010$40$64,700
Apr 9, 2009$36$64,700
Apr 9, 2007—$69,200
Apr 9, 2006—$57,600
Apr 9, 2005—$54,600
Apr 9, 2004—$54,600
Apr 9, 2003—$54,600
Apr 9, 2002—$21,900
Apr 9, 2001—$7,170
Apr 9, 2000—$7,170
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-09 04:07:45 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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