OFF MARKET

Off market aug 2019 for $145K

$224,274

Est. refi paymentEst. refi $807/mo

•

1,209

sq ft

3534 Ribbon Dr, Indianapolis, IN 46227

About this home

Nestled on a quiet wooded street in the popular Holly Hills neighborhood, known for its great location! 10 minutes from downtown Indy, close to restaurants, shopping, schools, medical facilities, golf courses & hotels! This home is perfectly appointed for a first time homebuyer or a empty nester! Park like fully fenced backyard with fire pit and storage shed. Freshly painted Family room is open to kitchen & dining with your very own Central Perk Mural. Newer central air, furnace, roof, gutter guards and hot water heater & Master bath shower, air ducts cleaned & aero sealed 2019. All appliances, refrigerator 2019 and dishwasher 2016 stay including washer and dryer. Newer lighted overhang leading and securing visitors to the front entry.

Single-familyProperty Type

1976Year Built

75 sq ftLot Size

$186Est. Price/Sq.Ft.

2 car garageParking

Listed by Janna Long • Smythe & Co, Inc

Contact: janna@smytherealestate.com

Bought with Josh Latham • RE/MAX Advanced Realty

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21654328

Redfin Estimate

$224,274

$79K since sold in August 2019$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.4% higher than the average sale price ($209K) of 6 comparable homes.

SOLD SEP 4, 2026
$208,000
A
3 beds2 baths1,188 sq ft
7819 Snowflake Dr, Indianapolis, IN 46227
SOLD SEP 16, 2026
$216,000
B
3 beds2 baths1,442 sq ft
8118 Xenia Dr, Indianapolis, IN 46227
SOLD JUL 27, 2026
$222,500
C
3 beds2 baths1,114 sq ft
3614 Remington Dr, Indianapolis, IN 46227
SOLD OCT 9, 2026
$220,000
D
3 beds2 baths1,380 sq ft
3220 Lacy Ct, Indianapolis, IN 46227
SOLD AUG 21, 2026
$136,500
E
3 beds2 baths1,430 sq ft
3930 Ivory Way, Indianapolis, IN 46237
SOLD OCT 7, 2026
$249,900
F
3 beds2 baths1,336 sq ft
3408 Cold Harbor Dr, Indianapolis, IN 46227

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Sell

$110,316

Est. take-home

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Refinance

Est. cash available

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Rent

$1,580/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

LISTED BY REDFIN 16 HRS AGO
$210,000
3 beds1 bath960 sq ft
3867 Asbury St, Indianapolis, IN 46227
LISTED BY REDFIN 17 HRS AGO
$185,000
3 beds1.5 baths1,034 sq ft
4147 Bowman Ave, Indianapolis, IN 46227
NEW 19 HRS AGO
$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
$219,900
3 beds1.5 baths2,137 sq ft
2106 Woodcrest Rd, Indianapolis, IN 46227
$130,000
2 beds1 bath960 sq ft
2814 Country Estates Dr, Indianapolis, IN 46227
$275,000
3 beds2.5 baths1,784 sq ft
4726 Eva Ct, Indianapolis, IN 46227
$270,000
3 beds2.5 baths1,903 sq ft
8415 Montgomery Ave, Indianapolis, IN 46227
See all

Provided by Redfin

Sale history for 3534 Ribbon Dr

Date

Event

Price

TENANTTURNER2 #1

May 16, 2025

Rental Removed

$1,595

$1/sq ft

May 1, 2025

Listed for Rent

$1,595

$1/sq ft

MIBOR as Distributed by MLS Grid #21654328

Aug 15, 2019

Sold

$145,500

$120/sq ft

Jul 22, 2019

Pending

—

Jul 17, 2019

Listed

$139,900

$116/sq ft

MIBOR as Distributed by MLS Grid #21194353

Oct 25, 2012

Listing Removed

—

Aug 29, 2012

Listed

$109,900

$91/sq ft

MIBOR as Distributed by MLS Grid #2721054

Apr 4, 2007

Listed

$123,000

$102/sq ft

MIBOR as Distributed by MLS Grid #2249968

Apr 26, 2003

Listing Removed

—

Oct 28, 2002

Listed

$109,900

$91/sq ft

Public Records

Jan 5, 2001

Sold

$98,169

$81/sq ft

MIBOR as Distributed by MLS Grid #2042636

Oct 30, 2000

Listed

$98,500

$81/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$2,213 (−5.9%)

$23,800 + $162,800

$186,600

2024

$2,350 (+9.8%)

$23,800 + $157,000

$180,800

2023

$2,141 (+5.5%)

$23,800 + $157,000

$180,800

2022

$2,028 (+10.9%)

$23,800 + $148,900

$172,700

2021

$1,828 (+20.8%)

$23,800 + $115,700

$139,500

2020

$1,514 (+13.1%)

$23,800 + $115,700

$139,500

2019

$1,338 (+19.6%)

$23,800 + $98,900

$122,700

2018

$1,119 (+3.0%)

$17,100 + $96,700

$113,800

2017

$1,086 (+8.7%)

$17,100 + $83,600

$100,700

2016

$999 (+20.2%)

$17,100 + $83,600

$100,700

2015

$831 (+8.6%)

$17,100 + $78,600

$95,700

2014

$765 (−9.8%)

$17,100 + $75,600

$92,700

2013

$848

$17,100 + $74,100

$91,200

Tax history for 3534 Ribbon Dr

Year

Property tax

Land + Additions

Assessment*

2025

$2,213 (−5.9%)

$23,800 + $162,800

$186,600

2024

$2,350 (+9.8%)

$23,800 + $157,000

$180,800

2023

$2,141 (+5.5%)

$23,800 + $157,000

$180,800

2022

$2,028 (+10.9%)

$23,800 + $148,900

$172,700

2021

$1,828 (+20.8%)

$23,800 + $115,700

$139,500

2020

$1,514 (+13.1%)

$23,800 + $115,700

$139,500

2019

$1,338 (+19.6%)

$23,800 + $98,900

$122,700

2018

$1,119 (+3.0%)

$17,100 + $96,700

$113,800

2017

$1,086 (+8.7%)

$17,100 + $83,600

$100,700

2016

$999 (+20.2%)

$17,100 + $83,600

$100,700

2015

$831 (+8.6%)

$17,100 + $78,600

$95,700

2014

$765 (−9.8%)

$17,100 + $75,600

$92,700

2013

$848

$17,100 + $74,100

$91,200

*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

—

Stories

Lot width

75 ft.

Lot depth

135 ft.

Lot size

10,106 Sq. Ft.

Year renovated

1976

Sq. Ft.

1,209

Year built

1976

Style

Single Family Residential

County

Marion County

APN

491517132039000500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

AIRSPACE SECONDARY ZONING DISTRICT

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
Airspace Secondary Zoning District

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

Apr 18, 2017 • Final

Heating & cooling - 1-2 family

Replace the furnace and heat pump in a residential building.

Heat pump

HVAC

Mar 21, 2006 • Final

Heating & cooling permit-1-2 family-replacement

Work on a replacement.

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Garage Parking Other: Finished Garage
Parking Features: Attached, Concrete, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1209
Living Area: 1209
Main Level Sq. Ft.: 1209
Upper Level Sq. Ft.: 0

Bedroom Information
Primary Bedroom Description: Closet Walk in,Shower Stall Full
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 3
Full Bathrooms MU: 2

Room 1 Information
Room Type: Great Room
Room Features: Laminate
Room Dimensions: 21x12
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Main

Room 3 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 11x10
Room Level: Main

Room 4 Information
Room Features: Laminate
Room Dimensions: 06x04
Room Level: Main

Room 5 Information
Room Features: Carpet
Room Dimensions: 14x14
Room Level: Main

Room 6 Information
Room Type: Kitchen
Room Features: Laminate
Room Dimensions: 17x09
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5

Laundry Room Information
Laundry Features: Laundry Closet

Heating & Cooling
Heating Information: Heat Pump, Electric
Cooling Information: Heat Pump

Interior Features
Interior Features: Attic Access, Walk-in Closet(s), Screens Complete, Windows Thermal, Windows Vinyl, Wood Work Painted, Breakfast Bar
Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior

Exterior Features
Patio And Porch Features: Open Patio, Covered Porch
Exterior Features: Barn Storage
Fencing: Fence Full Rear

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.23
Lot Features: Sidewalks, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Available
Solid Waste Information: Yes

Location

School Information
High School District: Perry Township Schools

Location Information
Directions: STOP 11 (WEST OF SHERMAN) TO HEARTHSTONE-NORTH TO 2ND STREET, RIBBON DR-RIGHT TO HOME.
Tax Legal Description: HOLLY HILLS

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,209
Stories: 1.0
Lot Size: 10,106 square feet
Style: Single Family Residential
Year Built: 1976
Year Renovated: 1976
County: Marion County
APN: 491517132039000500

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: janna@smytherealestate.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Slab
Construction Materials: Vinyl With Stone
Levels: One

Around this home

Schools

Southport Elementary School

Public 1-5 • Assigned • 0.8mi

5/10

Southport 6th Grade Academy

Public 6 • Assigned • 2.3mi

4/10

Southport High School

Public 9-12 • Assigned • 2.3mi

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

3/10 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

$214,000 – $258,000

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Home values near 3534 Ribbon Dr

Data from public records.

Address	Redfin Estimate
3609 Ribbon Drive, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1260 Sq. Ft.	$223,007
3613 Ribbon Drive, Indianapolis, IN 3 Beds \| 2 Baths \| 1281 Sq. Ft.	$227,463

Address	Redfin Estimate
3535 Ribbon Drive, Indianapolis, IN 3 Beds \| 2 Baths \| 1370 Sq. Ft.	$184,351
3617 Ribbon Drive, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1594 Sq. Ft.	$241,990

Address	Redfin Estimate
3616 Ribbon Drive, Indianapolis, IN 3 Beds \| - Baths \| 1524 Sq. Ft.	$231,076
3530 Ribbon Drive, Indianapolis, IN 3 Beds \| - Baths \| 1292 Sq. Ft.	$199,106

Property information provided by undefined .

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