3.48 acres close to 465 and 65. Live like your in the country but close to everything. Build what you want on the property. House is beautiful and has a basement. Basement has a separate entrance and can be used as an Airbnb if you add a bathroom. There is a room in the basement that would be perfect as a bathroom. Plenty of room for a kitchen as well. Upstairs can be a master bedroom or a guest suite. Fully fenced area perfect for dogs. Plenty of room for a pool, pole barn, etc. Newer water softener and water filtration system. If your not looking for land with a house this is not the property for you but if your looking for land in Indianapolis with a great house, you'll love this property.
Where else will you find a renovated house with such charm on 3.5 acres than in this adorable, updated bungalow in Pike Township? There is so much to love about this one - updated kitchen open to living room, lots of light in the family room, two bedrooms on the main floor with a huge bedroom (master? bonus?) upstairs. You will love warm summer nights in this yard! New fenced area perfect for dogs, new water softener and water filtration system. Perfect location to jump on the interstate and be anywhere you need to be in minutes!
MIBOR as Distributed by MLS Grid #21399797
Apr 19, 2016
Sold
$154,900
$76/sq ft
Mar 2, 2016
Contingent
—
Feb 19, 2016
Listed
$154,900
$76/sq ft
+19
WOW! UNBELIEVABLE OPPORTUNITY TO OWN A MOVE IN READY PROPERTY W/3.5 ACRES! COMPLETELY RENOVATED & SPACIOUS 3BD/2BA W/ LARGE MASTER SUITE! EVERYTHING HAS BEEN DONE & IS READY TO ENJOY! HARDWOOD FLOORS, FRESH PAINT, NEW TILE, LIGHT FIXTURES, FAUCETS, CABINETRY & MORE! UPDATES TOO NUMEROUS TO LIST. RARE ESTATE SIZE LOT W/OVER 3 ACRES! CONVENIENTLY LOCATED A SHORT WALK TO EAGLE CREEK & CLOSE TO SCHOOLS, SHOPPING, HWYS & MORE! DON'T MISS!
MIBOR as Distributed by MLS Grid #2920261
Jul 24, 2009
Listing Removed
—
Apr 26, 2009
Listed
$75,000
$37/sq ft
Public Records
May 12, 2005
Sold
$200,000
$98/sq ft
MIBOR as Distributed by MLS Grid #2120921
Apr 30, 2002
Listing Removed
—
May 4, 2001
Listed
$209,000
$103/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,486 (+17.8%)
$83,200 + $243,700
$326,900
2024
$6,356 (+7.0%)
$83,200 + $191,400
$274,600
2023
$5,941 (+22.3%)
$83,200 + $191,400
$274,600
2022
$4,859 (−0.3%)
$83,200 + $199,300
$282,500
2021
$4,872 (+92.7%)
$83,200 + $142,700
$225,900
2020
$2,528 (+22.7%)
$83,200 + $142,700
$225,900
2019
$2,060 (−1.0%)
$83,200 + $105,300
$188,500
2018
$2,080 (+1.1%)
$83,200 + $66,900
$150,100
2017
$2,058 (+36.7%)
$83,200 + $65,100
$148,300
2016
$1,505 (+12.2%)
$83,200 + $65,100
$148,300
2015
$1,341 (+5.6%)
$83,200 + $31,300
$114,500
2014
$1,270 (−0.8%)
$83,200 + $31,300
$114,500
2013
$1,280
$83,200 + $26,600
$109,800
Tax history for 4935 N High School Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,486 (+17.8%)
$83,200 + $243,700
$326,900
2024
$6,356 (+7.0%)
$83,200 + $191,400
$274,600
2023
$5,941 (+22.3%)
$83,200 + $191,400
$274,600
2022
$4,859 (−0.3%)
$83,200 + $199,300
$282,500
2021
$4,872 (+92.7%)
$83,200 + $142,700
$225,900
2020
$2,528 (+22.7%)
$83,200 + $142,700
$225,900
2019
$2,060 (−1.0%)
$83,200 + $105,300
$188,500
2018
$2,080 (+1.1%)
$83,200 + $66,900
$150,100
2017
$2,058 (+36.7%)
$83,200 + $65,100
$148,300
2016
$1,505 (+12.2%)
$83,200 + $65,100
$148,300
2015
$1,341 (+5.6%)
$83,200 + $31,300
$114,500
2014
$1,270 (−0.8%)
$83,200 + $31,300
$114,500
2013
$1,280
$83,200 + $26,600
$109,800
*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
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
3.48 Acres
Year renovated
1984
Sq. Ft.
2,036
Year built
1942
Style
Single Family Residential
County
Marion County
APN
490512101002000600
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
D3
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
Oct 17, 2025 • Final
Electrical - non-residential
Electrical
Mar 27, 2025 • Active
Right of way permit-excavation
Electrical
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
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,036
Stories: 1.0
Lot Size: 3.48 acres
Style: Single Family Residential
Year Built: 1942
Year Renovated: 1984
County: Marion County
APN: 490512101002000600
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Deer Run Elementary School
Public K-5 • Assigned • 0.6mi
4/10
Guion Creek Middle School
Public 6-8 • Assigned • 1.7mi
3/10
Pike High School
Public 9-12 • Assigned • 2.4mi
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
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46254
Average low and high temperatures (°F)
33
18
42
26
60
40
68
48
72
53
83
66
87
70
82
64
81
58
70
49
54
39
41
28
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
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