$375,000

5312 Norwaldo Ave Indianapolis, IN 46220

$4,453
Closing credit¹
3 beds
2 full
2,040 sqft
0.1 acres
$184 / sqft
House

Property details

About 5312 Norwaldo Ave

Welcome to this remodeled coastal inspired bungalow in the heart of SoBro. This sun drenched 3-bedroom 2 full bath home is full of charm and thoughtful details. You're welcomed by an adorable recently repainted, front porch perfect for morning coffee. Inside, the open layout offers abundant natural light with a cozy living room featuring a shiplap fireplace and sconce lighting. The updated eat-in kitchen is a true standout boasting quartz countertops, a marble backsplash, stainless steel appliances and crisp white cabinetry. The spacious primary suite includes a spa-like ensuite with a walk-in tiled shower and double vanity - a rarity in SoBro! Two additional bedrooms and another full bath provide flexible space for guests, family or a home office. A large unfinished basement offers ample storage or the potential for living space. You'll also love the mudroom with built-in lockers and a bar area that opens onto the deck. The backyard features garden beds, a firepit and a one-car detached garage with an oversized gravel driveway. Plenty of space for an RV or small boat! This home is move-in ready and just minutes from the Monon Trail, Fresh Market and all the shops and restaurants at 54th Street. Truly a SoBro gem with modern updates throughout! Roof 2021, Windows 2021, HVAC 2021, Pex Plumbing, & more!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size2,040 sqft
BasementYes
Lot size0.15 Acres
Year built1950
MLS #22047293
FireplaceElectric, Living Room

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator
  • Basement: Yes
  • Interior: Bath Sinks Double Main, Eat-in Kitchen, Network Ready, Windows Vinyl
  • Fireplace: Electric, Living Room
  • Total Bedroom Count: 3
  • Architectural Style: Bungalow
  • Heating: Forced Air, Natural Gas
  • List Price: $375,000
  • Price/SqFt: $183
  • Annual Tax Amount: $3,480
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1950
  • Living Area: 2,040 SqFt
  • Lot Size: 0.15 Acres
  • MLS Number: 22047293
  • MLS Name: MIBOR
  • Office Name: Highgarden Real Estate
  • Office Email: LWaters@highgarden.com
  • Listing Agent: Laura Waters

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

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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: 6/27/2025, 2:31:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5312 Norwaldo Ave, Indianapolis, IN 46220 - bungalow-style house featuring a shingled roof and a deck

$375,000

5312 Norwaldo Ave

$4,453

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 29, 2021
Home Sold
$349,000
Feb 25, 2021
Home Sold
$185,500

Tax history

YearAssessmentProperty Tax
2023$293,300$3,480
2022$320,700$3,843
2021$171,000$1,809
2020$158,600$1,774
2019$146,600$1,723
2018$141,600$1,827
2017$132,000$1,397

History based on county public records data.

Nearby schools

4

Ace Preparatory Academy

Public Charter KG-5

0.2 mi

5326 Hillside Ave

2

Tindley Genesis Academy

Public Charter KG-6

1.5 mi

4020 Meadows Pkwy

3

Avondale Meadows Academy

Public Charter KG-5

1.7 mi

3980 Meadows Dr

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 $51,739. Most Indianapolis, IN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

38%
<35k
59%
35k-100k
3%
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?

70%
Single, No Kids
8%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
3%
12-17 yrs old
51%
18-34 yrs old
28%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • QdobaQdoba
  • StarbucksStarbucks
  • SonicSonic

What do the neighbors drive?

  • VolkswagenVolkswagen
  • PontiacPontiac
  • InfinitiInfiniti

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5312 Norwaldo Ave

The listing price of 5312 Norwaldo Ave property is $375,000.

The property 5312 Norwaldo Ave is a house located in Indianapolis, Indiana, 46220.

Active Listing: 5312 Norwaldo Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5312 Norwaldo Ave are: Ace Preparatory Academy (GreatSchools Rating 4/10), Tindley Genesis Academy (GreatSchools Rating 2/10), Avondale Meadows Academy (GreatSchools Rating 3/10), IPS Butler University Laboratory School 55 (GreatSchools Rating 2/10), Rousseau McClellan Montessori School 91 (GreatSchools Rating 5/10), Merle Sidener Gifted Academy (GreatSchools Rating 10/10), Purdue Polytechnic High School North (GreatSchools Rating 3/10), Charles a Tindley Accelerated School (GreatSchools Rating 4/10), Shortridge High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $3,480 (source: MLS/based on county public records data).

The last sale was on October 29, 2021 for $349,000 (source: MLS/tax record).

The property at 5312 Norwaldo Ave has 3 bedrooms and 2 bathrooms.

The property 5312 Norwaldo Ave is 2,040 SqFt (source: MLS/tax record).

The year of construction for 5312 Norwaldo Ave is 1950.

This home is located at 5312 Norwaldo Ave in Indianapolis, IN and zip code 46220 in the Frazee Home Place neighborhood. This 2,040 square foot home, which was built in 1950, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $375,000.

In May 2025 more than 300 listings in Indianapolis, IN were sold above the asking price. During the same period more than 315 listings were sold at asking price, while more than 544 were sold below. The number of listings in Indianapolis, IN increased by 3.7% between April and May 2025. In May 2025 median list price was $250,180 and the average listing age was 34 days.

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

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