$185,000

4906 S State Ave Indianapolis, IN 46227

$2,197
Closing credit¹
3 beds
1 full, 1 partial
2,368 sqft
0.4 acres
$78 / sqft
House

Property details

About 4906 S State Ave

Don't miss the chance to own this well-loved, quaint 3-bedroom, 1.5-bath ranch, nestled on nearly half an acre, on the market for the first time in years. This home is ready for new buyers to bring their vision and make it shine! Sunlight pours through every freshly painted room, showcasing the home's timeless features, including beautiful original hardwood floors in the spacious front bedrooms. Hardwood continues beneath the living room carpet, ready to be uncovered and refinished should you desire, though carpets are brand new throughout. Delight in charming details such as arched doorways, solid wood doors, glass doorknobs, and classic hardware. The bright and airy laundry room, perfect for houseplants, leads to a large addition at the back-ideal as a serene primary bedroom retreat with an attached half bath or a spacious family room. The unfinished basement spans the original layout and already has plumbing in place for a future bathroom addition. Outside, the expansive 0.44-acre yard is a blank canvas, ready for your landscaping touches, a spot for pets, or even potential for further expansion. With a long driveway, parking is never an issue. This home is move-in ready as-is, but with a little work, love, and imagination, it could be restored to its full potential. You'll enjoy the convenience of nearby shopping and dining, plus I-65 and I-465 are minutes away for quick commutes, all while having the peace and quiet you crave. Don't let this opportunity slip away!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusSale Pending
(Pending)
CoolingWindow Unit(s)
Size2,368 sqft
BasementYes
Lot size0.44 Acres
Year built1947
MLS #22030088

Summary

  • MLS Number: 22030088
  • MLS Name: MIBOR
  • Office Name: Maywright Property Co.
  • Office Email: msavoie@maywright.com
  • Listing Agent: Madeline Savoie

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated on: 4/17/2025, 11:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a chimney, a front yard, stone siding, and roof with shingles

$185,000

4906 S State Ave

$2,197

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$138,700$808
2022$133,000$890
2021$102,700$185
2020$92,800$96
2019$70,500$94
2018$65,800$92
2017$67,100$89

History based on county public records data.

Nearby schools

6

Southport 6th Grade Academy

Public District 6-6

0.9 mi

5715 S Keystone Ave

3

Raymond F. Brandes Elementary School 65

Public District PK-6

1.0 mi

4065 Asbury St

3

Clinton Young Elementary School

Public District 1-5

1.0 mi

5740 McFarland Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,702. Most Indianapolis, IN residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

36%
<35k
53%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
12%
Single, with Kids
23%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
47%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • SoccerSoccer
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Forever 21Forever 21
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Dominos PizzaDominos Pizza
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • MazdaMazda
  • ToyotaToyota

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 4906 S State Ave

This home is located at 4906 S State Ave in Indianapolis, IN and zip code 46227 in the Ellerslee neighborhood. This 2,368 square foot home, which was built in 1947, sits on a 0.44 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $185,000.

In March 2025, from all listings sold in Indianapolis, IN there were more than 193 sold above asking price, over 471 sold below and more than 246 were sold right at the asked price. The inventory of homes for sale in Indianapolis, IN between February and March 2025 increased by 12%. Listings spent 48 days on the market in March 2025, and had a median list price of $249,990 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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