OFF MARKET

Off Market Sep 2023 for $260K

$289,033

•

1,488

sq ft

5038 Alameda Rd, Indianapolis, IN 46228

About this home

Single-familyProperty Type

1960Year Built

0.27 acresLot Size

$194Est. Price/Sq.Ft.

2 car garageParking

Listed by Vern Carter • Flat Fee Realty, LLC

Contact: flatfeeindy@att.net

Bought with Braulio Moreno • eXp Realty, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21940079

Redfin Estimate

$289,033

$29K since sold in September 2023$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.4% higher than the average sale price ($274K) 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 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 NOV 10, 2025
$239,500
E
3 beds2 baths1,520 sq ft
4840 Alameda Rd, Indianapolis, IN 46228

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Sell

$73,358

Est. take-home

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Rent

$1,771/mo

Redfin rental estimate

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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

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4 beds2.5 baths2,159 sq ft
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4752 Arabian Run, Indianapolis, IN 46228
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See all

Provided by Redfin

Sale history for 5038 Alameda Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21940079

Sep 28, 2023

Sold

$260,000

$175/sq ft

Aug 29, 2023

Pending

—

Aug 26, 2023

Listed

$260,000

$175/sq ft

MIBOR as Distributed by MLS Grid #21264162

May 9, 2014

Listing Removed

—

May 6, 2014

Sold

$91,000

$61/sq ft

Nov 5, 2013

Listed

$97,500

$66/sq ft

MIBOR as Distributed by MLS Grid #2824518

Oct 25, 2008

Listing Removed

—

Apr 25, 2008

Listed

$104,900

$70/sq ft

MIBOR as Distributed by MLS Grid #2701749

Jul 8, 2007

Listing Removed

—

Jan 8, 2007

Listed

$104,900

$70/sq ft

MIBOR as Distributed by MLS Grid #2655469

Dec 31, 2006

Listing Removed

—

Aug 24, 2006

Listed

$104,900

$70/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,981 (+1.7%)

$47,500 + $234,000

$281,500

2024

$2,931 (+20.9%)

$47,500 + $204,200

$251,700

2023

$2,424 (+40.7%)

$47,500 + $204,200

$251,700

2022

$1,723 (+10.9%)

$47,500 + $184,300

$231,800

2021

$1,554 (+5.7%)

$25,000 + $120,200

$145,200

2020

$1,470 (+1.8%)

$25,000 + $120,200

$145,200

2019

$1,444 (+10.9%)

$25,000 + $112,100

$137,100

2018

$1,302 (+31.7%)

$25,000 + $109,700

$134,700

2017

$989 (+1.4%)

$25,000 + $75,100

$100,100

2016

$975 (+19.2%)

$25,000 + $75,100

$100,100

2015

$818 (+11.7%)

$25,000 + $74,300

$99,300

2014

$732 (−57.3%)

$25,000 + $70,200

$95,200

2013

$1,714

$25,000 + $64,700

$89,700

Tax history for 5038 Alameda Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,981 (+1.7%)

$47,500 + $234,000

$281,500

2024

$2,931 (+20.9%)

$47,500 + $204,200

$251,700

2023

$2,424 (+40.7%)

$47,500 + $204,200

$251,700

2022

$1,723 (+10.9%)

$47,500 + $184,300

$231,800

2021

$1,554 (+5.7%)

$25,000 + $120,200

$145,200

2020

$1,470 (+1.8%)

$25,000 + $120,200

$145,200

2019

$1,444 (+10.9%)

$25,000 + $112,100

$137,100

2018

$1,302 (+31.7%)

$25,000 + $109,700

$134,700

2017

$989 (+1.4%)

$25,000 + $75,100

$100,100

2016

$975 (+19.2%)

$25,000 + $75,100

$100,100

2015

$818 (+11.7%)

$25,000 + $74,300

$99,300

2014

$732 (−57.3%)

$25,000 + $70,200

$95,200

2013

$1,714

$25,000 + $64,700

$89,700

*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

Beds

Baths

Stories

Lot width

86 ft.

Lot depth

138 ft.

Lot size

0.27 Acres

Year renovated

1995

Sq. Ft.

1,488

Year built

1960

Style

Single Family Residential

County

Marion County

APN

490608114116000600

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

Property details

Parking

Parking Information
Parking Features: Asphalt, Attached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1488
Living Area: 1488
Main Level Sq. Ft.: 1488
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
Primary Bedroom Description: Shower Stall Full,Sinks Double
# 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

Room 1 Information
Room Type: Living Room
Room Features: Vinyl
Room Dimensions: 14x21
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Features: Luxury Vinyl Plank
Room Dimensions: 15x13
Room Level: Main

Room 3 Information
Room Type: Bedroom 2
Room Features: Luxury Vinyl Plank
Room Dimensions: 11x10
Room Level: Main

Room 4 Information
Room Type: Bedroom 3
Room Features: Luxury Vinyl Plank
Room Dimensions: 11x10
Room Level: Main

Room 5 Information
Room Features: Luxury Vinyl Plank
Room Dimensions: 13x12
Room Level: Main

Room 6 Information
Room Features: Luxury Vinyl Plank
Room Dimensions: 13x6
Room Level: Main

Room 7 Information
Room Type: Kitchen
Room Features: Luxury Vinyl Plank
Room Dimensions: 15x10
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 8
Rooms Basement: 0
# of Rooms: 8

Laundry Room Information
Laundry Features: Connections All

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Attic Fan, Central Electric

Interior Features
Interior Features: Breakfast Bar, Eat-in Kitchen
Appliances: Dishwasher, Disposal, Electric Oven, Range Hood, Gas Water Heater
Areas Interior: Living Room Formal

Exterior

Building Information
Percent Optional Level Finished: 0

Exterior Features
Patio And Porch Features: Deck Main Level, Covered Porch
Exterior Features: Storage Shed
Fencing: Chain Link, Fence Full Rear

Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
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: Municipal/City
Electric: 100 Amp Service
Utilities: Cable Available, Gas
Solid Waste Information: Yes

Location

School Information
High School District: MSD Pike Township

Location Information
Directions: Use GPS
Tax Legal Description: MORNINGSIDE L18 BLK 19 &

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,488
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1995
County: Marion County
APN: 490608114116000600

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: flatfeeindy@att.net

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: 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 • 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, 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

$275,000 – $333,000

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Home values near 5038 Alameda Rd

Data from public records.

Address	Redfin Estimate
5112 Alameda Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1653 Sq. Ft.	$264,436
5002 Alameda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1320 Sq. Ft.	$265,503

Address	Redfin Estimate
5011 Alameda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1488 Sq. Ft.	$249,521
5044 Alameda Road, Indianapolis, IN 3 Beds \| - Baths \| 2780 Sq. Ft.	$283,280

Address	Redfin Estimate
5047 Alameda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1488 Sq. Ft.	$232,811
5014 Alameda Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1488 Sq. Ft.	$287,871

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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