$296,000

5506 N Drexel Ave Indianapolis, IN 46220

$3,515
Closing credit¹
3 beds
2 full, 1 partial
1,618 sqft
0.4 acres
$183 / sqft
House

Property details

About 5506 N Drexel Ave

Well maintained mid-century contemporary former show home. Open floor plan with beautiful new floors in the main area. Plenty of natural light. 3BR/2.5BA with a large Bonus room. House is nestled on a quiet block with lots of mature trees. Great school district a location that's minutes from everything.

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Electric, Forced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,618 sqft
Lot size0.37 Acres
Year built1955
MLS #22022236
FireplaceTwo Sided

Summary

  • MLS Number: 22022236
  • MLS Name: MIBOR
  • Office Name: Carpenter, REALTORS®
  • Office Email: wickliffl@yahoo.com
  • Listing Agent: Lara Arnett Wickliff

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: 2/21/2025, 5:17:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

ranch-style home with a garage and a front yard

$296,000

5506 N Drexel Ave

$3,515

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 16, 2009
Home Sold
$75,500

Tax history

YearAssessmentProperty Tax
2023$187,400$2,194
2022$174,800$2,153
2021$146,300$1,676
2020$146,300$1,295
2019$122,200$1,225
2018$119,500$1,312
2017$126,200$1,194

History based on county public records data.

Nearby schools

3

Robert Lee Frost Elementary School 106

Public District PK-6

1.2 mi

5301 Roxbury Rd

4

Floro Torrence Elementary School 83

Public District PK-6

1.4 mi

5050 E 42nd St

4

Ace Preparatory Academy

Public Charter KG-5

1.8 mi

5326 Hillside Ave

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 $50,900. Most Indianapolis, IN residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

29%
<35k
50%
35k-100k
18%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
14%
Single, with Kids
25%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Figure SkatingFigure Skating
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • Stein MartStein Mart
  • Family DollarFamily Dollar
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Church's ChickenChurch's Chicken
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • BuickBuick
  • CadillacCadillac
  • KiaKia

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • JazzJazz
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5506 N Drexel Ave

This home is located at 5506 N Drexel Ave in Indianapolis, IN and zip code 46220 in the Millersville neighborhood. This 1,618 square foot home, which was built in 1955, sits on a 0.37 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $296,000.

In January 2025 more than 100 listings in Indianapolis, IN were sold above the asking price. During the same period more than 147 listings were sold at asking price, while more than 354 were sold below. In January 2025 in Indianapolis, IN there were 2.2% less homes for sale than in December. Listings spent 48 days on the market in January 2025, and had a median list price of $249,950 during the same period.

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

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