Google street view image for 5027 Alameda Rd, Indianapolis, IN 46228

OFF MARKET

$238,754

•

1 ba

•

1,520

sq ft

5027 Alameda Rd, Indianapolis, IN 46228

About this home

5027 Alameda Rd is a 1,520 square foot house on a 8,494 square foot lot with 3 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $238,754.

Single-familyProperty Type

1959Year Built

8,494 sq ftLot Size

$157Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$238,754

$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.2% lower than the average sale price ($275K) of 6 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 MAR 13, 2026
$265,000
C
3 beds2 baths1,460 sq ft
4880 Victoria Rd, Indianapolis, IN 46228
SOLD JUL 2, 2026
$274,000
D
3 beds2 baths1,547 sq ft
4416 Melbourne Rd, Indianapolis, IN 46228
SOLD JUL 23, 2026
$280,000
E
3 beds1.5 baths1,384 sq ft
3441 W 56th St, Indianapolis, IN 46228
SOLD NOV 10, 2025
$239,500
F
3 beds2 baths1,520 sq ft
4840 Alameda Rd, Indianapolis, IN 46228

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Earn from this home

Sell

$222,965

Est. take-home

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Rent

$1,762/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

99.3%

0.1% MoM

Median sale price

$278K

$7K MoM

Avg. days on market

10d

1 days MoM

Recently sold homes

5 MoM

New listings for sale

$235,000
2 beds1 bath1,876 sq ft
1651 W 57th St, Indianapolis, IN 46228
$270,000
2 beds2.5 baths2,128 sq ft
1990 Oldfields Circle North Dr, Indianapolis, IN 46228
$414,900
4 beds2 baths4,464 sq ft
2615 Orlando St, Indianapolis, IN 46228
OPEN TODAY, 12PM TO 2PM
$340,000
4 beds2.5 baths3,939 sq ft
4752 Arabian Run, 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
See all

Provided by Redfin

Sale history for 5027 Alameda Rd

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

Year

Property tax

Land + Additions

Assessment*

2025

$2,054 (+3.3%)

$44,000 + $184,000

$228,000

2024

$1,990 (−20.0%)

$44,000 + $161,700

$205,700

2023

$2,488 (+41.9%)

$44,000 + $161,700

$205,700

2022

$1,753 (+11.2%)

$44,000 + $192,300

$236,300

2021

$1,577 (+8.8%)

$20,200 + $125,600

$145,800

2020

$1,450 (−0.8%)

$20,200 + $125,600

$145,800

2019

$1,461 (+15.7%)

$20,200 + $113,200

$133,400

2018

$1,263 (+7.9%)

$20,200 + $114,600

$134,800

2017

$1,170 (+1.4%)

$20,200 + $94,700

$114,900

2016

$1,154 (+17.4%)

$20,200 + $94,700

$114,900

2015

$983 (+9.6%)

$20,200 + $93,800

$114,000

2014

$897 (+9.3%)

$20,200 + $89,700

$109,900

2013

$821

$20,200 + $84,200

$104,400

Tax history for 5027 Alameda Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,054 (+3.3%)

$44,000 + $184,000

$228,000

2024

$1,990 (−20.0%)

$44,000 + $161,700

$205,700

2023

$2,488 (+41.9%)

$44,000 + $161,700

$205,700

2022

$1,753 (+11.2%)

$44,000 + $192,300

$236,300

2021

$1,577 (+8.8%)

$20,200 + $125,600

$145,800

2020

$1,450 (−0.8%)

$20,200 + $125,600

$145,800

2019

$1,461 (+15.7%)

$20,200 + $113,200

$133,400

2018

$1,263 (+7.9%)

$20,200 + $114,600

$134,800

2017

$1,170 (+1.4%)

$20,200 + $94,700

$114,900

2016

$1,154 (+17.4%)

$20,200 + $94,700

$114,900

2015

$983 (+9.6%)

$20,200 + $93,800

$114,000

2014

$897 (+9.3%)

$20,200 + $89,700

$109,900

2013

$821

$20,200 + $84,200

$104,400

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

Zoning

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

Property details

Interior

Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 8

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

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 9

Exterior

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

Property Information
Subdivision Name: MORNINGSIDE
Living Sq. Ft: 1,520
Adjusted Gross Sq. Ft: 1,520
Ground Floor Sq. Ft: 1,520
Building Sq. Ft: 2,048
# of Stories: 1
Legal Description: MORNINGSIDE 63' S SIDE L10 B 12

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 528
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 8,494
Legal Lot Number: 10
Legal Block Number: 12
Municipality Name: PIKE,OUTSIDE
Acres: 0.195
Depth Footage: 135
Front Footage: 63
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Location Information
Parcel Location Influence: Extra Front

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,520
Stories: 1.0
Lot Size: 8,494 square feet
Style: Single Family Residential
Year Built: 1959
Year Renovated: 1959
County: Marion County
APN: 490608114117000600

Home facts updated by county records on Jul 29, 2026

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 • 2.9mi

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, 18 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

$227,000 – $275,000

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New listings for sale in 46228

$235,000

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$270,000

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$414,900

4 beds2 baths4,464 sq ft

2615 Orlando St, Indianapolis, IN 46228

OPEN TODAY, 12PM TO 2PM

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$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

Home values near 5027 Alameda Rd

Data from public records.

Address	Redfin Estimate
5112 Alameda Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1653 Sq. Ft.	$264,436
5135 Alameda Road, Indianapolis, IN 5 Beds \| 2.5 Baths \| 1683 Sq. Ft.	$272,339

Address	Redfin Estimate
5038 Alameda Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1488 Sq. Ft.	$289,033
5047 Alameda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1488 Sq. Ft.	$232,811

Address	Redfin Estimate
5011 Alameda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1488 Sq. Ft.	$249,521
5002 Alameda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1320 Sq. Ft.	$265,503

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