OFF MARKET

Off Market Dec 2019 for $125K

$218,172

•

1,826

sq ft

5120 Cordes Rd, Indianapolis, IN 46227

About this home

Perfect Little 2 Bedroom & 1 Bath Ranch w/ Basement & Oversized 2 Car Garage on a Private 1.5 Acre Lot in Perry Township! This Fully Updated Home sits on a Quiet Street Close to 465 & Downtown. Home Features: New Kitchen, New Bath, Newer Roof, Newer Windows, Newer Siding, Newer Water Heater, New Water Softener & Newer HVAC. New Flooring, New Hardware, New Fixtures, New Doors, New Garage Door w/ Opener & So Much More! Come See All This Big Property Has To Offer!!

Single-familyProperty Type

1938Year Built

1.53 acresLot Size

$119Est. Price/Sq.Ft.

2 car garageParking

Listed by Matthew Kresse • CENTURY 21 Scheetz

Contact: MatthewSold@gmail.com

Bought with Marcus Jess • RE/MAX Legends Group

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #21684575

Redfin Estimate

$218,172

$93K since sold in December 2019$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5% higher than the average sale price ($208K) of 6 comparable homes.

SOLD OCT 10, 2025
$235,000
A
2 beds2 baths1,584 sq ft
149 W Elbert St, Indianapolis, IN 46217
SOLD JUL 10, 2026
$240,000
B
2 beds1 bath1,788 sq ft
110 W Elbert St, Indianapolis, IN 46217
SOLD MAY 22, 2026
$200,000
C
2 beds1 bath1,968 sq ft
5240 Smock St, Indianapolis, IN 46227
SOLD AUG 11, 2026
$93,000
D
2 beds1 bath1,785 sq ft
1238 E Thompson Rd, Indianapolis, IN 46227
SOLD AUG 25, 2026
$222,500
E
2 beds1 bath1,804 sq ft
1405 E Brunswick Ave, Indianapolis, IN 46227
SOLD JUN 1, 2026
$256,000
F
3 beds1.5 baths2,154 sq ft
4486 S Meridian St, Indianapolis, IN 46217

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Earn from this home

Sell

$116,564

Est. take-home

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Rent

$1,375/mo

Redfin rental estimate

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Market trends in 46227, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.7%

0.4% MoM

Median sale price

$240K

$5K MoM

Avg. days on market

19d

3 days MoM

Recently sold homes

158

11 MoM

New listings for sale

3D WALKTHROUGH
$299,900
4 beds2 baths2,473 sq ft
4214 Otterbein Ave, Indianapolis, IN 46227
$249,900
3 beds2 baths1,756 sq ft
2120 Lawrence Ave, Indianapolis, IN 46227
$299,900
4 beds2 baths2,024 sq ft
3125 E Epler Ave, Indianapolis, IN 46227
$315,000
3 beds2.5 baths1,947 sq ft
231 E Brunswick Ave, Indianapolis, IN 46227
OPEN SUN, 12PM TO 2PM
$297,500
3 beds3 baths1,991 sq ft
138 South St, Southport, IN 46227
$249,900
3 beds2 baths1,336 sq ft
3408 Cold Harbor Dr, Indianapolis, IN 46227
$349,900
3 beds2.5 baths2,744 sq ft
2202 Redfern Dr, Indianapolis, IN 46227
$292,000
3 beds1 bath2,634 sq ft
6021 Shelby St, Indianapolis, IN 46227
$240,000
3 beds1 bath2,180 sq ft
827 E Mills Ave, Indianapolis, IN 46227
$229,900
5 beds1.5 baths2,028 sq ft
506 Lawrence Ave, Indianapolis, IN 46227
See all

Provided by Redfin

Sale history for 5120 Cordes Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,171 (−16.1%)

$27,800 + $150,400

$178,200

2024

$2,589 (+2.9%)

$27,800 + $164,000

$191,800

2023

$2,515 (+8.1%)

$27,800 + $164,000

$191,800

2022

$2,326 (+16.1%)

$27,800 + $162,400

$190,200

2021

$2,003 (+0.4%)

$27,800 + $117,300

$145,100

2020

$1,996 (+148.3%)

$27,800 + $117,300

$145,100

2019

$804 (−61.7%)

$27,800 + $116,300

$144,100

2018

$2,096 (+5.8%)

$23,600 + $59,100

$82,700

2017

$1,981 (+9.5%)

$23,600 + $47,300

$70,900

2016

$1,808 (+16.6%)

$23,600 + $47,300

$70,900

2015

$1,550 (+0.6%)

$23,600 + $40,700

$64,300

2014

$1,540 (−0.6%)

$23,600 + $37,100

$60,700

2013

$1,549

$23,600 + $39,400

$63,000

Tax history for 5120 Cordes Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,171 (−16.1%)

$27,800 + $150,400

$178,200

2024

$2,589 (+2.9%)

$27,800 + $164,000

$191,800

2023

$2,515 (+8.1%)

$27,800 + $164,000

$191,800

2022

$2,326 (+16.1%)

$27,800 + $162,400

$190,200

2021

$2,003 (+0.4%)

$27,800 + $117,300

$145,100

2020

$1,996 (+148.3%)

$27,800 + $117,300

$145,100

2019

$804 (−61.7%)

$27,800 + $116,300

$144,100

2018

$2,096 (+5.8%)

$23,600 + $59,100

$82,700

2017

$1,981 (+9.5%)

$23,600 + $47,300

$70,900

2016

$1,808 (+16.6%)

$23,600 + $47,300

$70,900

2015

$1,550 (+0.6%)

$23,600 + $40,700

$64,300

2014

$1,540 (−0.6%)

$23,600 + $37,100

$60,700

2013

$1,549

$23,600 + $39,400

$63,000

*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

—

Lot depth

—

Lot size

1.53 Acres

Year renovated

1995

Sq. Ft.

864

Year built

1938

Style

Single Family Residential

County

Marion County

APN

491401128006000500

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

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

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

Jan 9, 2018 • Final

Heating & cooling - 1-2 family

Replace the existing furnace and air conditioning unit.

HVAC

Jul 16, 2015 • Active

Electrical permit-1-2 family-upgrade service only

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

Parking

Parking Information
Garage SqFt: 576
Garage Parking Other: Service Door
Parking Features: Detached, Garage Door Opener, Gravel, Storage
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 1826
Living Area: 962
Main Level Sq. Ft.: 962
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2

Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 2
Full Bathrooms MU: 1

Room 1 Information
Room Features: Luxury Vinyl Plank
Room Dimensions: 11x16
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Luxury Vinyl Plank
Room Dimensions: 10x16
Room Level: Main

Room 3 Information
Room Type: Family Room
Room Features: Luxury Vinyl Plank
Room Dimensions: 14x12
Room Level: Main

Room 4 Information
Room Type: Kitchen
Room Features: Luxury Vinyl Plank
Room Dimensions: 9x16
Room Level: Main

Room 5 Information
Room Type: Mud Room
Room Features: Luxury Vinyl Plank
Room Dimensions: 14x7
Room Level: Main

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

Laundry Room Information
Laundry Features: Main Level

Basement Information
Has Basement
Basement Features: Partial, Unfinished, Sump Pump

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

Interior Features
Interior Features: Attic Access, Windows Vinyl, Wood Work Painted, Eat-in Kitchen
Appliances: Gas Oven, Refrigerator, Gas Water Heater, Water Softener Owned

Exterior

Building Information
Percent Optional Level Finished: 0-25%

Exterior Features
Patio And Porch Features: Covered Patio, Covered Porch
Fencing: Partial

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1-3 Acres

Lot Information
Lot Size Acres: 1.53
Lot Features: Not In Subdivision, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Private Well
Utilities: Cable Available, Gas
Solid Waste Information: Yes

Location

School Information
High School District: Perry Township Schools

Location Information
Directions: From Thompson Road between US31 and SR135, Turn South on Cordes, Home is on the Right.
Tax Legal Description: 143.89FT EL 464.66FT NL BEG 749.96FT S OF CLTHOMPSON RD & 929.32FT W OF EL PT NW1/4 S1 T14 R31.53AC

Public facts

Beds: 3
Baths: —
Sq. Ft.: 864
Stories: 1.0
Lot Size: 1.53 acres
Style: Single Family Residential
Year Built: 1938
Year Renovated: 1995
County: Marion County
APN: 491401128006000500

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: MatthewSold@gmail.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block, Block
Construction Materials: Vinyl Siding
Levels: One

Around this home

Schools

Abraham Lincoln Elementary School

Public 1-5 • Assigned • 0.7mi

4/10

Perry Meridian 6th Grade Academy

Public 6 • Assigned • 2.8mi

6/10

Perry Meridian High School

Public 9-12 • Assigned • 3.0mi

6/10

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 102° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46227

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

$208,000 – $251,000

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New listings for sale in 46227

3D WALKTHROUGH

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4214 Otterbein Ave, Indianapolis, IN 46227

$249,900

3 beds2 baths1,756 sq ft

2120 Lawrence Ave, Indianapolis, IN 46227

$299,900

4 beds2 baths2,024 sq ft

3125 E Epler Ave, Indianapolis, IN 46227

$315,000

3 beds2.5 baths1,947 sq ft

231 E Brunswick Ave, Indianapolis, IN 46227

OPEN SUN, 12PM TO 2PM3D WALKTHROUGH

$297,500

3 beds3 baths1,991 sq ft

138 South St, Southport, IN 46227

$249,900

3 beds2 baths1,336 sq ft

3408 Cold Harbor Dr, Indianapolis, IN 46227

$349,900

3 beds2.5 baths2,744 sq ft

2202 Redfern Dr, Indianapolis, IN 46227

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Home values near 5120 Cordes Rd

Data from public records.

Address	Redfin Estimate
5360 Cordes Rd, Indianapolis, IN 3 Beds \| - Baths \| 1479 Sq. Ft.	$224,680
5240 Cordes Rd, Indianapolis, IN 3 Beds \| - Baths \| 1255 Sq. Ft.	$208,473

Address	Redfin Estimate
5106 Cordes Rd, Indianapolis, IN 2 Beds \| - Baths \| 1272 Sq. Ft.	$218,465
5211 Cordes Rd, Indianapolis, IN 2 Beds \| 1 Baths \| 776 Sq. Ft.	$163,485

Address	Redfin Estimate
5109 Cordes Rd, Indianapolis, IN 3 Beds \| - Baths \| 1630 Sq. Ft.	$283,662
5110 Cordes Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 2126 Sq. Ft.	$304,702

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2019. This data may not match . Learn more.

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