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Sold

$497,630

Est. refi paymentEst. refi $1,623/mo

•

2.5 ba

•

2,403

sq ft

5208 Roland Dr, Indianapolis, IN 46228

About this home

THIS CUSTOM BUILT HOME HAS BEEN WELL MAINTAINED AND IS TUCKED AWAY IN A GORGEOUS NEIGHBORHOOD NEXT TO BROADMOOR COUNTRY CLUB, ON A LARGE, PRIVATE LOT*FEATURES INCLUDE MAIN FLOOR MBR, FAM RM W/BRICK FP & BUILT-INS, CHAIR RAIL & CROWN MOLDING, SCREENED PORCH W/BUILT-IN GRILL, WALK-IN ATTIC STOR, HEATED OVERSIZE GARAGE PLUS AN EXTRA 2-CAR GARAGE, FRONT YARD SPRINKLER SYSTEM*NEARLY NEW ROOF & WATER HEATER*ALL APPLIANCES INCL BUT NOT WARRAN TED

Single-familyProperty Type

1964Year Built

0.5 acresLot Size

$207Est. Price/Sq.Ft.

4 car garageParking

Source:Public Records

Redfin Estimate

$497,630

$248K since sold in September 2000$4,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.7% higher than the average sale price ($396K) of 6 comparable homes.

SOLD OCT 6, 2026
$377,600
A
4 beds2.5 baths2,159 sq ft
3336 Kenilworth Dr, Indianapolis, IN 46228
SOLD OCT 1, 2026
$396,000
B
4 beds3 baths3,813 sq ft
3418 Rutledge Dr, Indianapolis, IN 46228
SOLD AUG 10, 2026
$410,000
C
4 beds2.5 baths3,448 sq ft
4729 Orlando Ct, Indianapolis, IN 46228
SOLD MAY 1, 2026
$385,000
D
4 beds3 baths4,410 sq ft
2628 Knollwood Dr, Indianapolis, IN 46228
SOLD OCT 2, 2026
$430,000
E
4 beds2 baths4,464 sq ft
2615 Orlando St, Indianapolis, IN 46228
SOLD MAY 29, 2026
$376,500
F
4 beds2.5 baths2,826 sq ft
3246 W 46th St, Indianapolis, IN 46228

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Earn from this home

Sell

$466,981

Est. take-home

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Refinance

Est. cash available

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Rent

$2,397/mo

Redfin rental estimate

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Market trends in 46228, IN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.6%

0.4% MoM

Median sale price

$277K

$2K MoM

Avg. days on market

15d

2 days MoM

Recently sold homes

7 MoM

New listings for sale

$430,000
5 beds3 baths3,840 sq ft
2625 Blue Grass Dr, Indianapolis, IN 46228
$429,700
4 beds2.5 baths3,254 sq ft
4029 Roland Rd, Indianapolis, IN 46228
$269,900
4 beds1.5 baths1,748 sq ft
5745 N Alton Ave, Indianapolis, IN 46228
$359,900
4 beds2.5 baths2,468 sq ft
3639 Shepperton Blvd, Indianapolis, IN 46228
3D WALKTHROUGH
$324,900
4 beds2.5 baths2,232 sq ft
4922 Melbourne Rd, Indianapolis, IN 46228
$377,150
4 beds3.5 baths2,963 sq ft
5861 Dapple Trce, Indianapolis, IN 46228
$275,000
3 beds2.5 baths2,203 sq ft
3321 W 39th St, Indianapolis, IN 46228
$320,000
4 beds2.5 baths2,508 sq ft
5705 N Alton Ave, Indianapolis, IN 46228
$249,000
4 beds2 baths1,847 sq ft
3232 W 56th St, Indianapolis, IN 46228
3D WALKTHROUGH
$320,000
4 beds2.5 baths2,370 sq ft
4839 Alameda Rd, Indianapolis, IN 46228
See all

Provided by Redfin

Sale history for 5208 Roland Dr

Year

Property tax

Land + Additions

Assessment*

2025

$6,444 (+19.5%)

$32,500 + $458,400

$490,900

2024

$5,391 (−0.5%)

$32,500 + $351,300

$383,800

2023

$5,418 (+3.3%)

$32,500 + $351,300

$383,800

2022

$5,247 (+13.6%)

$32,500 + $351,300

$383,800

2021

$4,619 (+9.5%)

$32,800 + $282,400

$315,200

2020

$4,217 (+6.3%)

$32,800 + $282,400

$315,200

2019

$3,967 (+13.0%)

$32,800 + $271,200

$304,000

2018

$3,510 (+4.4%)

$32,800 + $271,600

$304,400

2017

$3,362 (+8.5%)

$32,800 + $233,300

$266,100

2016

$3,097 (+7.8%)

$32,800 + $233,300

$266,100

2015

$2,872 (+20.2%)

$32,800 + $229,100

$261,900

2014

$2,389 (−4.4%)

$32,800 + $230,500

$263,300

2013

$2,499

$32,800 + $195,700

$228,500

Tax history for 5208 Roland Dr

Year

Property tax

Land + Additions

Assessment*

2025

$6,444 (+19.5%)

$32,500 + $458,400

$490,900

2024

$5,391 (−0.5%)

$32,500 + $351,300

$383,800

2023

$5,418 (+3.3%)

$32,500 + $351,300

$383,800

2022

$5,247 (+13.6%)

$32,500 + $351,300

$383,800

2021

$4,619 (+9.5%)

$32,800 + $282,400

$315,200

2020

$4,217 (+6.3%)

$32,800 + $282,400

$315,200

2019

$3,967 (+13.0%)

$32,800 + $271,200

$304,000

2018

$3,510 (+4.4%)

$32,800 + $271,600

$304,400

2017

$3,362 (+8.5%)

$32,800 + $233,300

$266,100

2016

$3,097 (+7.8%)

$32,800 + $233,300

$266,100

2015

$2,872 (+20.2%)

$32,800 + $229,100

$261,900

2014

$2,389 (−4.4%)

$32,800 + $230,500

$263,300

2013

$2,499

$32,800 + $195,700

$228,500

*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

2.5

Stories

Lot width

120 ft.

Lot depth

201 ft.

Lot size

0.5 Acres

Year renovated

1965

Sq. Ft.

2,403

Year built

1964

Style

Single Family Residential

County

Marion County

APN

490609116031000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 2026.

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Dwelling Suburban District

The D-S District is intended for suburban areas of extreme topography, areas conducive to estate development, or areas where it is desirable to permit only low density development (such as adjacent to floodplains, aquifers, urban conservation areas, within the extended alignment of airport runways, etc.). Generous front yards with trees along roadways that follow the natural terrain of the land are envisioned for the D-S District. Estate development in a natural setting is the typical realization of the District. The D-S District provides for single-family residential lots consisting of at least one acre. A typical density for the D-S District is 0.4 units per gross acre. This District fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. Development plans would likely use the cluster option when subdividing and 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
Communications tower
Park & open space

Nov 16, 2016 • Final

Electrical - 1-2 family

Remove the existing electrical service and replace it with a new electrical service.

Electrical

Aug 23, 2016 • Active

Self certification tag

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

Around this home

Schools

K - 12
Preschool & daycare

Crooked Creek Elementary School

Public K-5 • Assigned • 0.7mi

4/10

Westlane Middle School

Public 6-8 • Assigned • 2.8mi

6/10

North Central High School

Public 9-12 • Assigned • 5.8mi

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 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

$473,000 – $573,000

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Home values near 5208 Roland Dr

Data from public records.

Address	Redfin Estimate
5263 Roland Drive, Indianapolis, IN 5 Beds \| 2.5 Baths \| 4678 Sq. Ft.	$600,547
5235 Roland Drive, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2546 Sq. Ft.	$555,819
5262 Roland Drive, Indianapolis, IN 4 Beds \| 1.5 Baths \| 3828 Sq. Ft.	$399,955
5212 Knollton Road, Indianapolis, IN 5 Beds \| 4 Baths \| 3393 Sq. Ft.	$714,133
5261 Olympia Drive, Indianapolis, IN 5 Beds \| 3 Baths \| 3922 Sq. Ft.	$580,979
5237 Olympia Drive Unit 0, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$302,936
5262 Olympia Drive, Indianapolis, IN 5 Beds \| 3 Baths \| 3510 Sq. Ft.	$664,571

Address	Redfin Estimate
5242 Roland Drive, Indianapolis, IN 4 Beds \| 2.5 Baths \| 4522 Sq. Ft.	$637,727
5247 Roland Drive, Indianapolis, IN - Beds \| 2 Baths \| 5194 Sq. Ft.	$684,287
5215 Roland Drive, Indianapolis, IN 3 Beds \| 2 Baths \| 2640 Sq. Ft.	$456,880
5237 Olympia Drive, Indianapolis, IN 3 Beds \| 2.5 Baths \| 3219 Sq. Ft.	$562,959
5325 Olympia Drive, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2488 Sq. Ft.	$394,132
5310 Olympia Drive, Indianapolis, IN 5 Beds \| 2 Baths \| 4700 Sq. Ft.	$503,452
5250 Olympia Drive, Indianapolis, IN 5 Beds \| 3 Baths \| 4641 Sq. Ft.	$558,327

Address	Redfin Estimate
5207 Roland Drive, Indianapolis, IN 3 Beds \| 2.5 Baths \| 4418 Sq. Ft.	$485,046
5250 Roland Drive, Indianapolis, IN 5 Beds \| 3.5 Baths \| 5186 Sq. Ft.	$701,957
5269 Roland Drive, Indianapolis, IN 4 Beds \| 2 Baths \| 4612 Sq. Ft.	$625,306
5215 Olympia Drive, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2478 Sq. Ft.	$391,219
2239 Galahad Drive, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2765 Sq. Ft.	$492,362
5272 Olympia Drive, Indianapolis, IN 4 Beds \| 4 Baths \| 4012 Sq. Ft.	$830,109
5234 Olympia Drive, Indianapolis, IN - Beds \| 1.5 Baths \| 5256 Sq. Ft.	$599,652

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