OFF MARKET

Off market aug 2024 for $450K

$484,795

•

4,005

sq ft

159 Walnut St, Indianapolis, IN 46227

About this home

This is a lot of house... 4 Bedroom 5 Bath on a basement with an attached 4 car garage (with a 400 amp electrical service) and also a 48' x 32' attached, finished pole barn sitting on 1 full acre in the heart of Southport!! There's also an In Law Suite with its own bath and kitchenette on the main level. Real hardwood floors and ceramic tile floors and about a "mile" of concrete in the driveway.. there has been a lot invested into this unique property.

Single-familyProperty Type

1952Year Built

1.02 acresLot Size

$121Est. Price/Sq.Ft.

4 car garageParking

Listed by Paul Kinslow • Quality Real Estate Solutions

Contact: paulsellsindy@yahoo.com

Bought with Cara Conde • F.C. Tucker Company

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21985499

Redfin Estimate

$484,795

$35K since sold in August 2024$5,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 68.6% higher than the average sale price ($288K) of 6 comparable homes.

SOLD JUL 29, 2026
$315,000
A
4 beds3 baths2,376 sq ft
6506 Twin Brooks Dr, Indianapolis, IN 46227
SOLD AUG 28, 2026
$289,900
B
4 beds2 baths2,948 sq ft
2428 Tulip Dr S, Indianapolis, IN 46227
SOLD SEP 18, 2026
$294,500
C
3 beds2 baths2,402 sq ft
3140 Tulip Dr, Indianapolis, IN 46227
SOLD SEP 4, 2026
$210,000
D
4 beds2 baths2,052 sq ft
2325 Lee Dr, Indianapolis, IN 46227
SOLD JUL 13, 2026
$305,000
E
3 beds2.5 baths2,060 sq ft
2416 Tulip Dr S, Indianapolis, IN 46227
SOLD AUG 27, 2026
$311,000
F
4 beds3.5 baths2,836 sq ft
7429 Broadview Dr, Indianapolis, IN 46227

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Earn from this home

Sell

$108,883

Est. take-home

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Rent

$2,562/mo

Redfin rental estimate

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Market trends in 46227, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.7%

0.4% MoM

Median sale price

$243K

$71 MoM

Avg. days on market

25d

5 days MoM

Recently sold homes

158

0 MoM

New listings for sale

NEW 19 HRS AGO
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3 beds1 bath960 sq ft
3867 Asbury St, Indianapolis, IN 46227
LISTED BY REDFIN
$185,000
3 beds1.5 baths1,034 sq ft
4147 Bowman Ave, Indianapolis, IN 46227
$245,000
3 beds2 baths1,378 sq ft
8440 Armistead Ln, Indianapolis, IN 46227
$224,900
3 beds1 bath2,240 sq ft
2260 E Thompson Rd, Indianapolis, IN 46227
$240,000
2 beds1 bath1,464 sq ft
280 Anniston, Indianapolis, IN 46227
$250,000
3 beds1.5 baths2,168 sq ft
3227 E Southport, Indianapolis, IN 46227
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3 beds1.5 baths2,137 sq ft
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See all

Provided by Redfin

Sale history for 159 Walnut St

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Year

Property tax

Land + Additions

Assessment*

2025

$15,300 (+122.9%)

$24,800 + $578,200

$603,000

2024

$6,863 (+0.6%)

$24,800 + $489,600

$514,400

2023

$6,821 (+5.8%)

$24,800 + $489,600

$514,400

2022

$6,449 (+10.2%)

$24,800 + $420,000

$444,800

2021

$5,855 (+2.1%)

$24,800 + $338,000

$362,800

2020

$5,736 (+14.1%)

$24,800 + $338,000

$362,800

2019

$5,028 (+45.2%)

$24,800 + $329,900

$354,700

2018

$3,464 (−2.4%)

$22,400 + $285,600

$308,000

2017

$3,549 (+0.2%)

$22,400 + $238,300

$260,700

2016

$3,543 (+104.0%)

$22,400 + $238,300

$260,700

2015

$1,737 (+6.8%)

$22,400 + $237,500

$259,900

2014

$1,626 (−0.2%)

$22,400 + $118,500

$140,900

2013

$1,630

$22,400 + $114,800

$137,200

Tax history for 159 Walnut St

Year

Property tax

Land + Additions

Assessment*

2025

$15,300 (+122.9%)

$24,800 + $578,200

$603,000

2024

$6,863 (+0.6%)

$24,800 + $489,600

$514,400

2023

$6,821 (+5.8%)

$24,800 + $489,600

$514,400

2022

$6,449 (+10.2%)

$24,800 + $420,000

$444,800

2021

$5,855 (+2.1%)

$24,800 + $338,000

$362,800

2020

$5,736 (+14.1%)

$24,800 + $338,000

$362,800

2019

$5,028 (+45.2%)

$24,800 + $329,900

$354,700

2018

$3,464 (−2.4%)

$22,400 + $285,600

$308,000

2017

$3,549 (+0.2%)

$22,400 + $238,300

$260,700

2016

$3,543 (+104.0%)

$22,400 + $238,300

$260,700

2015

$1,737 (+6.8%)

$22,400 + $237,500

$259,900

2014

$1,626 (−0.2%)

$22,400 + $118,500

$140,900

2013

$1,630

$22,400 + $114,800

$137,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

4.5

Stories

Lot width

—

Lot depth

—

Lot size

1.02 Acres

Year renovated

1986

Sq. Ft.

3,237

Year built

1952

Style

Single Family Residential

County

Marion County

APN

491517122033000513

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling District Three

The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
Garage SqFt: 1536
Garage Parking Other: Finished Garage,Garage Door Opener
Parking Features: Attached
Garage Spaces: 4
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 4005
Living Area: 3237
Main Level Sq. Ft.: 1669
Upper Level Sq. Ft.: 1568
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
Primary Bedroom Description: Fireplace
# of Upper Bedrooms: 3
# of Bedrooms Main: 1
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 4
# of Half Baths (Total): 1
# of Full Baths (Upper): 2
# of Full Baths (Main): 2
# of Half Baths (Upper): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 4
Full Bathrooms MU: 4
Primary Bathroom Description: Shower Stall Full,Sinks Double,Suite

Room 1 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 15x10
Room Level: Upper

Room 2 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 13x10
Room Level: Upper

Room 3 Information
Room Type: Bedroom 4
Room Features: Hardwood
Room Dimensions: 12x10
Room Level: Main

Room 4 Information
Room Type: Family Room
Room Features: Hardwood
Room Dimensions: 21x13
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Dimensions: 12x11
Room Level: Main

Room 6 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 15x13
Room Level: Main

Room 7 Information
Room Features: Carpet
Room Dimensions: 16x11
Room Level: Upper

Room 8 Information
Room Type: Sun Room
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Main

Other Rooms Information
Rooms Upper: 4
Rooms Main: 4
Rooms Basement: 0
# of Rooms: 8

Basement Information
Has Basement

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Primary Bedroom

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Access, Built In Book Shelves, Hardwood Floors, Wood Work Painted, Eat-in Kitchen
Appliances: Electric Cooktop, Dishwasher, Double Oven, Gas Water Heater

Exterior

Building Information
Percent Optional Level Finished: 0

Exterior Features
Patio And Porch Features: Covered Patio
Fence YN: Yes
Fencing: Fence Full Rear, Privacy

Farm Information
Horse Amenities: None

Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
Property Condition: Updated/Remodeled
Property Sub Type: Single Family Residence

Land Information
Acres: 1-3 Acres

Lot Information
Lot Size Acres: 1.02
Lot Features: Sidewalks, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: No

Location

School Information
High School District: Perry Township Schools

Location Information
Directions: GPS Friendly
Tax Legal Description: 120Ft X 369.60Ft Beg 1652.64Ft W & 295.02Fts Of Ne Cor S1/2 Nw1/4 S17 T14 R4 1.02Ac

Public facts

Beds: 5
Baths: 4.5
Sq. Ft.: 3,237
Stories: 1.0
Lot Size: 1.02 acres
Style: Single Family Residential
Year Built: 1952
Year Renovated: 1986
County: Marion County
APN: 491517122033000513

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: paulsellsindy@yahoo.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Vinyl With Brick
Levels: Two

Around this home

Schools

Southport Elementary School

Public 1-5 • Assigned • 0.1mi

5/10

Southport 6th Grade Academy

Public 6 • Assigned • 1.6mi

4/10

Southport High School

Public 9-12 • Assigned • 1.4mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46227

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$461,000 – $558,000

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Home values near 159 Walnut St

Data from public records.

Address	Redfin Estimate
165 Walnut St, Indianapolis, IN 3 Beds \| 2 Baths \| 2687 Sq. Ft.	$284,392
120 Walnut St, Indianapolis, IN 5 Beds \| 2 Baths \| 2489 Sq. Ft.	$322,859

Address	Redfin Estimate
133 Walnut St, Indianapolis, IN 2 Beds \| 1 Baths \| 1149 Sq. Ft.	$189,158
220 Walnut St, Indianapolis, IN 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$301,713

Address	Redfin Estimate
127 Walnut St, Indianapolis, IN 3 Beds \| - Baths \| 816 Sq. Ft.	$176,624
206 Walnut St, Indianapolis, IN 3 Beds \| - Baths \| 1878 Sq. Ft.	$233,157

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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