Google street view image for 4531 Sylvan Rd, Indianapolis, IN 46228

OFF MARKET

$503,414

•

1.5 ba

•

3,015

sq ft

4531 Sylvan Rd, Indianapolis, IN 46228

About this home

4531 Sylvan Rd is a 3,015 square foot house on a 1.13 acre lot with 4 bedrooms and 1.5 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $503,414.

Single-familyProperty Type

1988Year Built

1.13 acresLot Size

$167Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$503,414

$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 54.8% higher than the average sale price ($325K) of 5 comparable homes.

SOLD MAY 29, 2026
$376,500
A
4 beds2.5 baths2,826 sq ft
3246 W 46th St, Indianapolis, IN 46228
SOLD JUL 7, 2026
$271,500
B
3 beds1.5 baths2,958 sq ft
2705 W 44th St, Indianapolis, IN 46228
SOLD BY REDFIN JUL 17, 2026
$380,000
C
4 beds2 baths4,148 sq ft
3140 W 48th St, Indianapolis, IN 46228
SOLD AUG 7, 2026
$326,900
D
4 beds2 baths3,944 sq ft
3259 W 48th St, Indianapolis, IN 46228
SOLD JUN 30, 2026
$271,000
E
3 beds2 baths1,800 sq ft
4202 Sunshine Ave, Indianapolis, IN 46228

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$472,433

Est. take-home

List your home with Redfin and save $5,034

Rent

$2,009/mo

Redfin rental estimate

List your home for rent

Market trends in 46228, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.5%

+1.1% MoM

Median sale price

$283K

$3K MoM

Avg. days on market

10d

3 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW 24 MINS AGO
$340,000
4 beds2.5 baths3,939 sq ft
4752 Arabian Run, Indianapolis, IN 46228
$399,900
4 beds3 baths3,813 sq ft
3418 Rutledge Dr, Indianapolis, IN 46228
$299,900
3 beds2 baths1,719 sq ft
5819 N Victoria Dr, Indianapolis, IN 46228
$300,000
4 beds2 baths1,725 sq ft
6130 Munsee Ln, Indianapolis, IN 46228
$175,000
2 beds2 baths1,362 sq ft
2240 Rome Dr Unit C, Indianapolis, IN 46228
$750,000
3 beds3 baths2,614 sq ft
39 Highland Manor Ct N, Indianapolis, IN 46228
$226,400
3 beds1 bath1,036 sq ft
3722 W 41st Ter, Indianapolis, IN 46228
OPEN THU, 5PM TO 7PM
$519,900
4 beds2.5 baths3,954 sq ft
4516 Sylvan Rd, Indianapolis, IN 46228
$344,000
4 beds3.5 baths3,593 sq ft
1248 Munsee Cir, Indianapolis, IN 46228
$200,000
2 beds1 bath1,656 sq ft
1908 W Northgate St, Indianapolis, IN 46228
See all

Provided by Redfin

Sale history for 4531 Sylvan Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$7,213 (−6.2%)

$55,200 + $488,400

$543,600

2024

$7,687 (−1.4%)

$55,200 + $488,900

$544,100

2023

$7,797 (+1.3%)

$55,200 + $488,900

$544,100

2022

$7,694 (+8.0%)

$55,200 + $502,100

$557,300

2021

$7,127 (+17.8%)

$94,800 + $410,000

$504,800

2020

$6,048 (+4.5%)

$94,800 + $410,000

$504,800

2019

$5,787 (+2.9%)

$94,800 + $359,800

$454,600

2018

$5,626 (+8.8%)

$94,800 + $370,900

$465,700

2017

$5,172 (+16.9%)

$94,800 + $337,600

$432,400

2016

$4,424 (+8.6%)

$94,800 + $337,600

$432,400

2015

$4,074 (−2.3%)

$94,800 + $302,700

$397,500

2014

$4,172 (+11.6%)

$94,800 + $294,700

$389,500

2013

$3,737

$94,800 + $304,100

$398,900

Tax history for 4531 Sylvan Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,213 (−6.2%)

$55,200 + $488,400

$543,600

2024

$7,687 (−1.4%)

$55,200 + $488,900

$544,100

2023

$7,797 (+1.3%)

$55,200 + $488,900

$544,100

2022

$7,694 (+8.0%)

$55,200 + $502,100

$557,300

2021

$7,127 (+17.8%)

$94,800 + $410,000

$504,800

2020

$6,048 (+4.5%)

$94,800 + $410,000

$504,800

2019

$5,787 (+2.9%)

$94,800 + $359,800

$454,600

2018

$5,626 (+8.8%)

$94,800 + $370,900

$465,700

2017

$5,172 (+16.9%)

$94,800 + $337,600

$432,400

2016

$4,424 (+8.6%)

$94,800 + $337,600

$432,400

2015

$4,074 (−2.3%)

$94,800 + $302,700

$397,500

2014

$4,172 (+11.6%)

$94,800 + $294,700

$389,500

2013

$3,737

$94,800 + $304,100

$398,900

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

Zoning and permits

Zoning
Permits

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Dwelling Suburban District

The D-S District is intended for suburban areas of extreme topography, areas conducive to estate development, or areas where it is desirable to permit only low density development (such as adjacent to floodplains, aquifers, urban conservation areas, within the extended alignment of airport runways, etc.). Generous front yards with trees along roadways that follow the natural terrain of the land are envisioned for the D-S District. Estate development in a natural setting is the typical realization of the District. The D-S District provides for single-family residential lots consisting of at least one acre. A typical density for the D-S District is 0.4 units per gross acre. This District fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. Development plans would likely use the cluster option when subdividing and 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
Communications tower
Park & open space

Feb 12, 2022 • Final

Heating & cooling - 1-2 family

Remove and replace the existing furnace with a new unit.

HVAC

Aug 1, 2011 • Active

Heating & cooling permit-1-2 family-replacement

Replace the air conditioner and coil.

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

Interior

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 10

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Fireplace Information
# of Fireplaces: 2
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 11

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family

Property Information
Subdivision Name: NORTHERN ESTATES
Living Sq. Ft: 3,015
Adjusted Gross Sq. Ft: 3,015
Ground Floor Sq. Ft: 2,360
Building Sq. Ft: 4,088
# of Stories: 1.5
Legal Description: NORTHERN ESTATES 1ST SEC PT OF L7 BEG NW COR L7;SE140' SE187.86' S118' W327' N150' TO BEG

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 1,073
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 49,049
Legal Lot Number: 7
Municipality Name: WASHINGTON,OUTSIDE
Acres: 1.126
Depth Footage: 290
Front Footage: 150
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: 1.5
Sq. Ft.: 3,015
Stories: 1.5
Lot Size: 1.13 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: 1988
County: Marion County
APN: 490616108004000800

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Crooked Creek Elementary School

Public K-5 • Assigned • 1.6mi

4/10

Westlane Middle School

Public 6-8 • Assigned • 3.7mi

6/10

North Central High School

Public 9-12 • Assigned • 6.8mi

6/10

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 • 46228

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 9.7 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$479,000 – $579,000

Reach more buyers when you sell with Redfin. Save up to $5,034 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

NEW 24 MINS AGO

$340,000

4 beds2.5 baths3,939 sq ft

4752 Arabian Run, Indianapolis, IN 46228

$310,000

4 beds2.5 baths2,218 sq ft

5635 Arabian Ct, Indianapolis, IN 46228

3D WALKTHROUGH

$320,000

4 beds3 baths2,638 sq ft

3010 W 42nd St, Indianapolis, IN 46228

OPEN THU, 5PM TO 7PM

$519,900

4 beds2.5 baths3,954 sq ft

4516 Sylvan Rd, Indianapolis, IN 46228

$279,000

3 beds2.5 baths1,440 sq ft

4229 Trace Wood Dr, Indianapolis, IN 46254

$370,000

3 beds2 baths2,038 sq ft

2159 W 58th St, Indianapolis, IN 46228

New listings for sale in 46228

NEW 24 MINS AGO

$340,000

4 beds2.5 baths3,939 sq ft

4752 Arabian Run, Indianapolis, IN 46228

$399,900

4 beds3 baths3,813 sq ft

3418 Rutledge Dr, Indianapolis, IN 46228

$299,900

3 beds2 baths1,719 sq ft

5819 N Victoria Dr, Indianapolis, IN 46228

$300,000

4 beds2 baths1,725 sq ft

6130 Munsee Ln, Indianapolis, IN 46228

$175,000

2 beds2 baths1,362 sq ft

2240 Rome Dr Unit C, Indianapolis, IN 46228

$750,000

3 beds3 baths2,614 sq ft

39 Highland Manor Ct N, Indianapolis, IN 46228

$226,400

3 beds1 bath1,036 sq ft

3722 W 41st Ter, Indianapolis, IN 46228

OPEN THU, 5PM TO 7PM

$519,900

4 beds2.5 baths3,954 sq ft

4516 Sylvan Rd, Indianapolis, IN 46228

$344,000

4 beds3.5 baths3,593 sq ft

1248 Munsee Cir, Indianapolis, IN 46228

Home values near 4531 Sylvan Rd

Data from public records.

Address	Redfin Estimate
4460 Sylvan Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 3260 Sq. Ft.	$335,550
4551 Sylvan Road, Indianapolis, IN 4 Beds \| 1.5 Baths \| 4734 Sq. Ft.	$649,757

Address	Redfin Estimate
4461 Sylvan Road, Indianapolis, IN 6 Beds \| 5 Baths \| 7624 Sq. Ft.	$1,045,223
4506 Sylvan Road, Indianapolis, IN 5 Beds \| 4 Baths \| 4575 Sq. Ft.	$558,054

Address	Redfin Estimate
4350 Sylvan Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1488 Sq. Ft.	$302,520
4516 Sylvan Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 3954 Sq. Ft.	—

More real estate resources

Cities
Neighborhoods
Minor Civil Divisions
Zip Codes
Popular Searches

Fishers homes for sale
Zionsville homes for sale
Carmel homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Franklin Township homes for sale
Lawrence Township homes for sale
Pike Township homes for sale
Washington Township homes for sale
Perry Township homes for sale

46250 homes for sale
46256 homes for sale
46217 homes for sale
46237 homes for sale
46220 homes for sale

Houses for rent in Indianapolis	Agents near me	Munster, IN homes for sale	Indianapolis Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Zionsville, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Westfield, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Indianapolis Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings