A rare combination of an architecturaly significant home with good function and recent remodeling and updates. Built in 1929 for the financier who did the IPOs for Eli Lilly and L S Ayres. The home was designed by Willard Osler. The plans are on file at the Indianapolis Museum of Art. The lot is nicely landscaped and enclosed with a masonry wall. There is a voluntary neighborhood association. Dues are $300 per year.
Single-familyProperty Type
1929Year Built
0.39 acresLot Size
$146Est. Price/Sq.Ft.
3 car garageParking
Listed by Richard Schulte• Schulte and Associates, Inc
Contact: richardeschulte@gmail.com
Bought with Richard Schulte• Schulte and Associates, Inc
*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
4
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.39 Acres
Year renovated
1965
Sq. Ft.
5,415
Year built
1929
Style
Single Family Residential
County
Marion County
APN
490622115025000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
D1
COMPACT
AIRSPACE SECONDARY ZONING DISTRICT
Dwelling District One
The D-1 District is intended for use in suburban areas. The D-1 District has a typical density of 0.9 units per gross acre which fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. The D-1 District provides for estate-style development characterized by generous front yards for trees and a bucolic atmosphere, appropriately served by gently curving roadways. Under most circumstances, public water and sewer facilities should be present but are not mandatory. Development plans 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. Use of the cluster option when subdividing would maximize site advantages.
Zone overlays
Compact Context Area
Airspace Secondary Zoning District
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Communications tower
Park & open space
May 21, 2026 • Active
Heating & cooling - 1-2 family
HVAC
Dec 8, 2021 • Final
Right of way permit-excavation
Gas
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: Asphalt, Attached, Garage Door Opener, Rear/Side Entry
Garage Spaces: 3
Has Garage
Interior
Virtual Tour
Interior Sq. Ft. Information
Building Area Total: 6795
Living Area: 4767
Main Level Sq. Ft.: 2440
Upper Level Sq. Ft.: 2327
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
Primary Bedroom Description: Closet Walk in,Fireplace,Shower Stall Full,Suite
Appliances: Dishwasher, Down Draft, Microwave, Gas Oven, Refrigerator, Gas Water Heater, Water Softener Rented
Areas Interior: Living Room Formal
Exterior
Building Information
Percent Optional Level Finished: 0-25%
Construction Stage: Resale
Exterior Features
Patio And Porch Features: Gazebo, Open Patio
Fencing: Fence Complete
Property Information
Ownership Interest Types: Voluntary Fee
Other Equipment: Security Alarm Paid
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: 1/4-1/2 Acre
Lot Information
Lot Size Acres: 0.387
Lot Features: Mature Trees
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Available, Gas
Solid Waste Information: No
Location
HOA Information
Has HOA
School Information
Schools: SHORTRIDGE HIGH
High School District: Indianapolis Public Schools
Location Information
Directions: From 38th and Michigan South to the light at Michigan and Golden Hill DR. Turn West on Golden Hill to stop sign veer slightly left to Spring Hollow RD. Golden Hill is neighborhood S. of Woodstock Country Club.
Tax Legal Description: GOLDEN HILL ADD L 22, L23
Public facts
Beds: 4
Baths: 1.5
Sq. Ft.: 5,415
Stories: 2.0
Lot Size: 0.39 acres
Style: Single Family Residential
Year Built: 1929
Year Renovated: 1965
County: Marion County
APN: 490622115025000101
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: richardeschulte@gmail.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Poured Concrete, Partial
Construction Materials: Brick, Wood Brick
Levels: Two
Around this home
Schools
Cold Spring School
Public K-8 • Assigned • 0.9mi
7/10
Riverside High School
Charter 9-12 • Assigned • 0.7mi
4/10
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
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46208
Average low and high temperatures (°F)
32
18
42
26
60
40
68
49
71
54
83
66
88
72
84
66
82
60
70
49
54
39
42
28
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
$941,000 – $1.14M
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