SOLD NOV 10, 2025

Off Market Nov 2025 for $239K

$300,739

Est. refi paymentEst. refi $901/mo

•

1,520

sq ft

4840 Alameda Rd, Indianapolis, IN 46228

About this home

Single-familyProperty Type

1960Year Built

0.27 acresLot Size

$198Est. Price/Sq.Ft.

2 car garageParking

Listed by Arjun Dhital • Serving You Realty

Listed by Kisna Adhikari • Serving You Realty

Bought with Devin Tanner • Keller Williams Indy Metro Partners

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #22067512

Redfin Estimate

$300,739

$61K since sold in November 2025$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.9% higher than the average sale price ($281K) of 5 comparable homes.

SOLD AUG 14, 2026
$337,000
A
3 beds2 baths1,836 sq ft
4917 Manning Rd, Indianapolis, IN 46228
SOLD BY REDFIN APR 17, 2026
$255,000
B
3 beds2 baths1,593 sq ft
4920 Manning Rd, Indianapolis, IN 46228
SOLD JUL 2, 2026
$274,000
C
3 beds2 baths1,547 sq ft
4416 Melbourne Rd, Indianapolis, IN 46228
SOLD MAR 13, 2026
$265,000
D
3 beds2 baths1,460 sq ft
4880 Victoria Rd, Indianapolis, IN 46228
SOLD AUG 17, 2026
$275,000
E
3 beds2 baths1,504 sq ft
3724 W 42nd Ter W, Indianapolis, IN 46228

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Sell

$92,392

Est. take-home

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Refinance

Est. cash available

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Rent

$1,773/mo

Redfin rental estimate

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Market trends in 46228, IN

Last updated July 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

$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
$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
$325,000
3 beds2.5 baths1,840 sq ft
3728 Kinnett Ln, Indianapolis, IN 46228
See all

Provided by Redfin

Sale history for 4840 Alameda Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #22067512

Nov 10, 2025

Sold

$239,500

$158/sq ft

Oct 21, 2025

Pending

—

Oct 9, 2025

Listed

$239,900

$158/sq ft

MIBOR as Distributed by MLS Grid #21469732

Apr 25, 2017

Sold

$126,000

$83/sq ft

Mar 10, 2017

Pending

—

Mar 6, 2017

Listed

$124,900

$82/sq ft

+15

Public Records

Aug 17, 2000

Sold

$142,450

$94/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,514 (+0.8%)

$47,200 + $187,700

$234,900

2024

$2,494 (−2.7%)

$47,200 + $164,800

$212,000

2023

$2,563 (+39.6%)

$47,200 + $164,800

$212,000

2022

$1,836 (+10.7%)

$47,200 + $195,900

$243,100

2021

$1,659 (+5.7%)

$25,000 + $128,200

$153,200

2020

$1,569 (+1.9%)

$25,000 + $128,200

$153,200

2019

$1,540 (+11.6%)

$25,000 + $119,500

$144,500

2018

$1,380 (+3.2%)

$25,000 + $116,900

$141,900

2017

$1,337 (+1.1%)

$25,000 + $99,700

$124,700

2016

$1,323 (+15.2%)

$25,000 + $99,700

$124,700

2015

$1,148 (+7.7%)

$25,000 + $98,900

$123,900

2014

$1,066 (+8.1%)

$25,000 + $94,600

$119,600

2013

$986

$25,000 + $88,900

$113,900

Tax history for 4840 Alameda Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,514 (+0.8%)

$47,200 + $187,700

$234,900

2024

$2,494 (−2.7%)

$47,200 + $164,800

$212,000

2023

$2,563 (+39.6%)

$47,200 + $164,800

$212,000

2022

$1,836 (+10.7%)

$47,200 + $195,900

$243,100

2021

$1,659 (+5.7%)

$25,000 + $128,200

$153,200

2020

$1,569 (+1.9%)

$25,000 + $128,200

$153,200

2019

$1,540 (+11.6%)

$25,000 + $119,500

$144,500

2018

$1,380 (+3.2%)

$25,000 + $116,900

$141,900

2017

$1,337 (+1.1%)

$25,000 + $99,700

$124,700

2016

$1,323 (+15.2%)

$25,000 + $99,700

$124,700

2015

$1,148 (+7.7%)

$25,000 + $98,900

$123,900

2014

$1,066 (+8.1%)

$25,000 + $94,600

$119,600

2013

$986

$25,000 + $88,900

$113,900

*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

86 ft.

Lot depth

137 ft.

Lot size

0.27 Acres

Year renovated

1960

Sq. Ft.

1,520

Year built

1960

Style

Single Family Residential

County

Marion County

APN

490608114191000600

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling District Two

The D-2 District is intended for use in suburban areas. Ample yards, trees and passive open spaces easily serving each individual lot are envisioned for this District. The D-2 District has a typical density of 1.9 units per gross acre. Two-family dwellings are permitted on corner lots in this District. This District fulfills the lowest density recommendation of the Comprehensive General Land Use Plan. Public water and sewer 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 conditions, 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
Park & open space

Aug 29, 2008 • Final

Heating & cooling permit-1-2 family-replacement

Replace the outdoor unit and all miscellaneous materials.

HVAC

Dec 24, 2007 • 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 SqFt: 528
Parking Features: Attached, Storage, Workshop in Garage
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1520
Living Area: 1520
Main Level Sq. Ft.: 1520
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: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Tub Full

Room 1 Information
Room Dimensions: 14 X 12
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Dimensions: 11 X 10
Room Level: Main

Room 3 Information
Room Type: Bedroom 3
Room Dimensions: 12 X 11
Room Level: Main

Room 4 Information
Room Type: Family Room
Room Dimensions: 23 X 13
Room Level: Main

Room 5 Information
Room Type: Living Room
Room Dimensions: 19 X 13
Room Level: Main

Room 6 Information
Room Type: Kitchen
Room Dimensions: 13 X 9
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 6

Laundry Room Information
Laundry Features: Laundry Closet

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

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

Interior Features
Interior Features: Attic Access, Hardwood Floors, Pantry
Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer, Microwave
Areas Interior: Laundry in Garage

Exterior

Exterior Features
Patio And Porch Features: Deck
Exterior Features: Barn Mini, Storage Shed
Fence YN: Yes
Fencing: Fence Complete

Pool Information
Has Private Pool
Pool Features: Above Ground, Pool Cover, Fenced

Farm Information
Horse Amenities: None

Property Information
Other Equipment: Other
Property Type: Residential
Has View
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.27
Lot Features: Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Solid Waste Information: Yes

Location

School Information
High School: Pike High School
High School District: MSD Pike Township

Location Information
Directions: GPS Friendly
Tax Legal Description: Morningside Add 52.5' S Side L7 Blk 20N Side L8 Blk 20

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,520
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1960
County: Marion County
APN: 490608114191000600

Home facts updated by county records on Jul 29, 2026

Other

Home Information
Foundation Details: Crawl Space
Construction Materials: Wood Brick, Brick
Levels: One

Around this home

Schools

Guion Creek Elementary School

Public K-5 • Assigned • 0.8mi

5/10

Guion Creek Middle School

Public 6-8 • Assigned • 1.0mi

3/10

Pike High School

Public 9-12 • Assigned • 3.0mi

3/10

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

0% 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

$286,000 – $346,000

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Home values near 4840 Alameda Rd

Data from public records.

Address	Redfin Estimate
4819 Alameda Road, Indianapolis, IN 5 Beds \| 2 Baths \| 3020 Sq. Ft.	$310,954
4839 Alameda Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2367 Sq. Ft.	$329,020

Address	Redfin Estimate
4812 Alameda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1396 Sq. Ft.	$260,652
4917 Alameda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1520 Sq. Ft.	$232,953

Address	Redfin Estimate
4829 Alameda Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1578 Sq. Ft.	$208,043
4811 Alameda Road, Indianapolis, IN 4 Beds \| 2 Baths \| 3273 Sq. Ft.	$304,325

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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