OFF MARKET

Off market feb 2023 for $191K

$184,351

Est. refi paymentEst. refi $1,547/mo

•

1,370

sq ft

3535 Ribbon Dr, Indianapolis, IN 46227

About this home

Single-familyProperty Type

1975Year Built

75 sq ftLot Size

$135Est. Price/Sq.Ft.

2 car garageParking

Listed by Rodney Forrest • eXp Realty, LLC

Contact: rod.r.forrest@gmail.com

Bought with Nathaniel Wozniak • Berkshire Hathaway Home

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21870963

Redfin Estimate

$184,351

$7,149 since sold in February 2023$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.5% lower than the average sale price ($206K) of 6 comparable homes.

SOLD SEP 16, 2026
$216,000
A
3 beds2 baths1,442 sq ft
8118 Xenia Dr, Indianapolis, IN 46227
SOLD OCT 9, 2026
$220,000
B
3 beds2 baths1,380 sq ft
3220 Lacy Ct, Indianapolis, IN 46227
SOLD SEP 4, 2026
$208,000
C
3 beds2 baths1,188 sq ft
7819 Snowflake Dr, Indianapolis, IN 46227
SOLD AUG 21, 2026
$136,500
D
3 beds2 baths1,430 sq ft
3930 Ivory Way, Indianapolis, IN 46237
SOLD JUL 27, 2026
$222,500
E
3 beds2 baths1,114 sq ft
3614 Remington Dr, Indianapolis, IN 46227
SOLD AUG 5, 2026
$233,000
F
3 beds2 baths1,365 sq ft
7424 Mcfarland Rd, Indianapolis, IN 46227

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Earn from this home

Refinance

Est. cash available

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Rent

$1,625/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 11 HRS AGO
$210,000
3 beds1 bath960 sq ft
3867 Asbury St, Indianapolis, IN 46227
LISTED BY REDFIN 12 HRS AGO
$185,000
3 beds1.5 baths1,034 sq ft
4147 Bowman Ave, Indianapolis, IN 46227
NEW 14 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 3535 Ribbon Dr

Year

Property tax

Land + Additions

Assessment*

2025

$2,553 (−5.7%)

$23,800 + $189,300

$213,100

2024

$2,707 (−47.1%)

$23,800 + $183,600

$207,400

2023

$5,120 (+8.8%)

$23,800 + $183,600

$207,400

2022

$4,705 (+19.1%)

$23,800 + $174,100

$197,900

2021

$3,951 (+6.4%)

$23,800 + $125,200

$149,000

2020

$3,712 (+6.4%)

$23,800 + $125,200

$149,000

2019

$3,488 (+12.6%)

$23,800 + $115,200

$139,000

2018

$3,098 (+125.7%)

$17,100 + $112,600

$129,700

2017

$1,372 (+12.4%)

$17,100 + $98,100

$115,200

2016

$1,221 (+12.3%)

$17,100 + $98,100

$115,200

2015

$1,087 (+8.6%)

$17,100 + $89,700

$106,800

2014

$1,001 (−9.7%)

$17,100 + $88,800

$105,900

2013

$1,108

$17,100 + $86,900

$104,000

Tax history for 3535 Ribbon Dr

Year

Property tax

Land + Additions

Assessment*

2025

$2,553 (−5.7%)

$23,800 + $189,300

$213,100

2024

$2,707 (−47.1%)

$23,800 + $183,600

$207,400

2023

$5,120 (+8.8%)

$23,800 + $183,600

$207,400

2022

$4,705 (+19.1%)

$23,800 + $174,100

$197,900

2021

$3,951 (+6.4%)

$23,800 + $125,200

$149,000

2020

$3,712 (+6.4%)

$23,800 + $125,200

$149,000

2019

$3,488 (+12.6%)

$23,800 + $115,200

$139,000

2018

$3,098 (+125.7%)

$17,100 + $112,600

$129,700

2017

$1,372 (+12.4%)

$17,100 + $98,100

$115,200

2016

$1,221 (+12.3%)

$17,100 + $98,100

$115,200

2015

$1,087 (+8.6%)

$17,100 + $89,700

$106,800

2014

$1,001 (−9.7%)

$17,100 + $88,800

$105,900

2013

$1,108

$17,100 + $86,900

$104,000

*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

Beds

Baths

—

Stories

Lot width

75 ft.

Lot depth

135 ft.

Lot size

10,106 Sq. Ft.

Year renovated

1975

Sq. Ft.

1,370

Year built

1975

Style

Single Family Residential

County

Marion County

APN

491517132018000500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

AIRSPACE SECONDARY ZONING DISTRICT

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

Airspace Secondary Zoning District
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
Parking Features: Asphalt, Attached, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1370
Living Area: 1370
Main Level Sq. Ft.: 1370
Upper Level Sq. Ft.: 0

Bedroom Information
# 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: Bedroom 2
Room Features: Carpet
Room Dimensions: 13x11
Room Level: Main

Room 2 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Features: Laminate
Room Dimensions: 7x9
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Features: Laminate
Room Dimensions: 20x21
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Dimensions: 10x10
Room Level: Main

Room 6 Information
Room Features: Carpet
Room Dimensions: 13x14
Room Level: Main

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

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Insert, Living Room

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

Interior Features
Interior Features: Walk-in Closet(s), Windows Vinyl
Appliances: None, Electric Water Heater
Floor Number: 1

Exterior

Exterior Features
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

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: STOP 11 ROAD EAST OF MADISON AVENUE TO HEARTHSTONE WAY, NORTH TO RIBBON RIGHT TO HOME
Tax Legal Description: HOLLY HILLS 9TH SEC L607

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,370
Stories: 1.0
Lot Size: 10,106 square feet
Style: Single Family Residential
Year Built: 1975
Year Renovated: 1975
County: Marion County
APN: 491517132018000500

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: rod.r.forrest@gmail.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

$176,000 – $213,000

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Home values near 3535 Ribbon Dr

Data from public records.

Address	Redfin Estimate
3609 Ribbon Drive, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1260 Sq. Ft.	$223,007
3534 Ribbon Drive, Indianapolis, IN 3 Beds \| 2 Baths \| 1209 Sq. Ft.	$224,274

Address	Redfin Estimate
3616 Ribbon Drive, Indianapolis, IN 3 Beds \| - Baths \| 1524 Sq. Ft.	$231,076
3617 Ribbon Drive, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1594 Sq. Ft.	$241,990

Address	Redfin Estimate
3613 Ribbon Drive, Indianapolis, IN 3 Beds \| 2 Baths \| 1281 Sq. Ft.	$227,463
3530 Ribbon Drive, Indianapolis, IN 3 Beds \| - Baths \| 1292 Sq. Ft.	$199,106

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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