For Sale12d on market
5534 Hill Rise Dr
Indianapolis, IN, 46237 • South Emerson • Marion County
$223,000
$82/sqft
Down payment assistance available
4Beds
1Baths
2,713Sqft
0.25 acLot
1976Built
Property DNA
Traditional Style
Built 1976 · 50 years of history
Farhill Downs
South Emerson
2-Car Garage
Attached
This home is in high demand
Listed 12 days ago · 2,181 views · 143 saves · Top 7% likely to sell soon
Market activity
Demand and pricing signals for this listing
2,181 views
People checking out this listing
143 saves
Buyers have saved this home
12 days on market
Recently listed
$82/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 7% 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 1976
Spacious two-story home featuring 4 bedrooms, 2 bathrooms, and a 2-car garage with a functional layout and plenty of room to spread out. The main living areas offer great space for both everyday living and entertaining, while the kitchen provides ample cabinet and counter space and opens to the dining and living areas. The primary suite includes an en-suite bathroom and generous closet space. Additional bedrooms offer flexibility for guests, home office, or hobbies. Full basement provides additional storage or potential for future finishing. Large backyard offers space to relax or entertain. Great opportunity with tons of potential! One or more photos has been virtually staged.
Estimated monthly payment
Based on current rates
$1,469/month
Principal & Interest$1,172
Property Tax$223
Insurance$74
Down payment20% ($44,600)
3%50%
Est. 6.88% rate · 30yr fixed · $178,400 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1976
HeatingForced Air
CoolingCentral Air
Parking2 Attached Garage spaces
Lot0.25 Acres
Days on Zillow12 Days
Price/sqft$82
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1976
Stories2
Systems
HeatingForced Air
CoolingCentral Air
ConstructionBrick, Vinyl With Brick
Water / SewerOther
Parking & Outdoor
ParkingAttached
Garage2 spaces
Lot0.25 Acres
Location & Tax
NeighborhoodSouth Emerson
Annual tax$4,536
Parcel491034114046000300
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Interior
Entrance Foyer
Appliances
Dishwasher
Electric Oven
Refrigerator
Heating
Forced Air
Cooling
Central Air
Exterior Features
Parking
Attached
Construction
Brick
Vinyl With Brick
Room details
8 rooms detailed
Master Bedroom
Upper10×20 ft200 sqft
Bedroom2
Upper16×9 ft144 sqft
Bedroom3
Upper9×11 ft99 sqft
Bedroom4
Upper13×11 ft143 sqft
Dining Room
Main9×11 ft99 sqft
Family Room
Main24×11 ft264 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market12
Tax rate0.96%
Price/sqft$82
On marketMar 26, 2026
PostedMar 26, 2026
Last sold$75,400
MLS statusActive
MLS updatedMar 26, 2026
Tour days9
Views2,181
Favorites143
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
22 events
DateEventPrice$/sqftSource
Mar 26, 2026Listed For Sale$223,000$82MIBOR as distributed by MLS GRID
Nov 22, 2025Listing Removed$1,640$1Zillow Rentals
Nov 13, 2025Price Change$1,640$1Zillow Rentals
Nov 7, 2025Price Change$1,685$1Zillow Rentals
Oct 30, 2025Price Change$1,730$1Zillow Rentals
Oct 23, 2025Price Change$1,840$1Zillow Rentals
Oct 13, 2025Price Change$1,920$1Zillow Rentals
Oct 10, 2025Listed For Rent$1,960$1Zillow Rentals
Jan 23, 2025Listing Removed$1,690$1Zillow Rentals
Dec 4, 2024Listed For Rent$1,690$1Zillow Rentals
Nov 27, 2024Listing Removed$1,690$1Zillow Rentals
Nov 13, 2024Listed For Rent$1,690$1Zillow Rentals
Jan 17, 2017Listing Removed$1,075—FirstKey Homes
Aug 31, 2016Listing Removed$1,275—FirstKey Mortgage, LLC
Jul 1, 2014Listing Removed$1,250—BLT Homes, Inc.
Jun 20, 2014Listed For Rent$1,250—BLT Homes, Inc.
Jan 8, 2014Sold$75,400$28MIBOR as distributed by MLS GRID
Dec 12, 2013Pending Sale$99,000$36RE/MAX Advanced Realty
Nov 20, 2013Listed For Sale$99,000$36RE/MAX Advanced Realty
Nov 13, 2013Pending Sale$99,000$36RE/MAX Advanced Realty
Nov 6, 2013Price Change$99,000$36RE/MAX Advanced Realty
Sep 20, 2013Listed For Sale$104,500$39RE/MAX Advanced Realty
Listed For Sale$223,000
Mar 26, 2026•$82/sqft•MIBOR as distributed by MLS GRID
Listing Removed$1,640
Nov 22, 2025•$1/sqft•Zillow Rentals
Price Change$1,640
Nov 13, 2025•$1/sqft•Zillow Rentals
Price Change$1,685
Nov 7, 2025•$1/sqft•Zillow Rentals
Price Change$1,730
Oct 30, 2025•$1/sqft•Zillow Rentals
Price Change$1,840
Oct 23, 2025•$1/sqft•Zillow Rentals
Price Change$1,920
Oct 13, 2025•$1/sqft•Zillow Rentals
Listed For Rent$1,960
Oct 10, 2025•$1/sqft•Zillow Rentals
Listing Removed$1,690
Jan 23, 2025•$1/sqft•Zillow Rentals
Listed For Rent$1,690
Dec 4, 2024•$1/sqft•Zillow Rentals
Listing Removed$1,690
Nov 27, 2024•$1/sqft•Zillow Rentals
Listed For Rent$1,690
Nov 13, 2024•$1/sqft•Zillow Rentals
Listing Removed$1,075
Jan 17, 20170•FirstKey Homes
Listing Removed$1,275
Aug 31, 20160•FirstKey Mortgage, LLC
Listing Removed$1,250
Jul 1, 20140•BLT Homes, Inc.
Listed For Rent$1,250
Jun 20, 20140•BLT Homes, Inc.
Sold$75,400
Jan 8, 2014•$28/sqft•MIBOR as distributed by MLS GRID
Pending Sale$99,000
Dec 12, 2013•$36/sqft•RE/MAX Advanced Realty
Listed For Sale$99,000
Nov 20, 2013•$36/sqft•RE/MAX Advanced Realty
Pending Sale$99,000
Nov 13, 2013•$36/sqft•RE/MAX Advanced Realty
Price Change$99,000
Nov 6, 2013•$36/sqft•RE/MAX Advanced Realty
Listed For Sale$104,500
Sep 20, 2013•$39/sqft•RE/MAX Advanced Realty
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$4,324$226,800
Apr 8, 2023$4,161$216,200
Apr 8, 2022$3,603$208,000
Apr 8, 2021$3,255$180,100
Apr 8, 2020$2,979$162,700
Apr 8, 2019$2,306$148,600
Apr 8, 2018$2,489$133,400
Apr 8, 2017$2,513$122,600
Apr 8, 2016$2,235$120,900
Apr 8, 2014$2,189$109,200
Apr 8, 2013$1,068$109,200
Apr 8, 2012$1,068$105,800
Apr 8, 2011—$115,400
Apr 8, 2010$1,297$127,900
Apr 8, 2009$1,063$104,900
Apr 8, 2007—$129,900
Apr 8, 2006—$138,300
Apr 8, 2005—$108,100
Apr 8, 2004—$108,100
Apr 8, 2003—$108,100
Apr 8, 2002—$70,900
Apr 8, 2001—$23,630
Apr 8, 2000—$23,630
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 2026-04-08 06:52:53 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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