Google street view image for 5115 Alameda Rd, Indianapolis, IN 46228

OFF MARKET

$232,387

•

1 ba

•

1,560

sq ft

5115 Alameda Rd, Indianapolis, IN 46228

About this home

5115 Alameda Rd is a 1,560 square foot house on a 0.27 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $232,387.

Single-familyProperty Type

1960Year Built

0.27 acresLot Size

$149Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$232,387

$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.2% lower than the average sale price ($271K) 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 NOV 10, 2025
$239,500
D
3 beds2 baths1,520 sq ft
4840 Alameda 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 JUL 14, 2026
$248,000
F
3 beds2.5 baths1,668 sq ft
5304 Alameda Rd, Indianapolis, IN 46228

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Earn from this home

Sell

$216,963

Est. take-home

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Rent

$1,754/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

NEW 14 HRS 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
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See all

Provided by Redfin

Sale history for 5115 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

$2,433 (+0.8%)

$55,600 + $171,500

$227,100

2024

$2,412 (−1.8%)

$55,600 + $149,300

$204,900

2023

$2,457 (+41.8%)

$55,600 + $149,300

$204,900

2022

$1,733 (+10.4%)

$55,600 + $177,500

$233,100

2021

$1,570 (+5.5%)

$29,100 + $115,800

$144,900

2020

$1,488 (+1.8%)

$29,100 + $115,800

$144,900

2019

$1,462 (+10.3%)

$29,100 + $107,900

$137,000

2018

$1,325 (+2.5%)

$29,100 + $105,600

$134,700

2017

$1,292 (+0.9%)

$29,100 + $89,400

$118,500

2016

$1,280 (+14.2%)

$29,100 + $89,400

$118,500

2015

$1,121 (+7.4%)

$29,100 + $88,600

$117,700

2014

$1,044 (+41.3%)

$29,100 + $84,700

$113,800

2013

$739

$29,100 + $79,600

$108,700

Tax history for 5115 Alameda Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,433 (+0.8%)

$55,600 + $171,500

$227,100

2024

$2,412 (−1.8%)

$55,600 + $149,300

$204,900

2023

$2,457 (+41.8%)

$55,600 + $149,300

$204,900

2022

$1,733 (+10.4%)

$55,600 + $177,500

$233,100

2021

$1,570 (+5.5%)

$29,100 + $115,800

$144,900

2020

$1,488 (+1.8%)

$29,100 + $115,800

$144,900

2019

$1,462 (+10.3%)

$29,100 + $107,900

$137,000

2018

$1,325 (+2.5%)

$29,100 + $105,600

$134,700

2017

$1,292 (+0.9%)

$29,100 + $89,400

$118,500

2016

$1,280 (+14.2%)

$29,100 + $89,400

$118,500

2015

$1,121 (+7.4%)

$29,100 + $88,600

$117,700

2014

$1,044 (+41.3%)

$29,100 + $84,700

$113,800

2013

$739

$29,100 + $79,600

$108,700

*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
Heating Type: Warm Air

Room Information
# of Rooms: 9

Exterior

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

Property Information
Subdivision Name: MORNINGSIDE
Living Sq. Ft: 1,560
Adjusted Gross Sq. Ft: 1,560
Ground Floor Sq. Ft: 1,560
Building Sq. Ft: 2,088
# of Stories: 1
Legal Description: MORNINGSIDE 42' S SIDE L7 BLK 12 & MORNINGSIDE 44' N SIDE L8 BLK 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: 11,587
Legal Lot Number: 7
Legal Block Number: 12
Municipality Name: PIKE,OUTSIDE
Acres: 0.266
Depth Footage: 135
Front Footage: 44
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,560
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: 1960
County: Marion County
APN: 490608114128000600

Home facts updated by county records on May 11, 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

$221,000 – $268,000

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Nearby similar homes

NEW 14 HRS AGO

$340,000

4 beds2.5 baths3,939 sq ft

4752 Arabian Run, Indianapolis, IN 46228

$319,900

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6031 Candlewick Dr, Indianapolis, IN 46228

$299,900

3 beds2 baths1,719 sq ft

5819 N Victoria Dr, Indianapolis, IN 46228

OPEN THU, 5PM TO 7PM

$519,900

4 beds2.5 baths3,954 sq ft

4516 Sylvan Rd, Indianapolis, IN 46228

3D WALKTHROUGH

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New listings for sale in 46228

NEW 14 HRS 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 5115 Alameda Rd

Data from public records.

Address	Redfin Estimate
5112 Alameda Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1653 Sq. Ft.	$265,035
5047 Alameda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1488 Sq. Ft.	$232,162

Address	Redfin Estimate
5038 Alameda Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1488 Sq. Ft.	$286,406
5044 Alameda Road, Indianapolis, IN 3 Beds \| - Baths \| 2780 Sq. Ft.	$274,320

Address	Redfin Estimate
5135 Alameda Road, Indianapolis, IN 5 Beds \| 2.5 Baths \| 1683 Sq. Ft.	$267,020
5027 Alameda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1520 Sq. Ft.	$241,010

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