See Home Value
$360,000 - $438,000
House - Off Market

5502 Broadway Street

Indianapolis, IN 46220
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2094 Sqft
Transfer

About This Property

Nestled on a wide block of Broadway, this 2 bedroom, 2 bath Meridian Kessler charmer is ready to welcome you home.  Fantastic location in the middle of it all!  Walk to Fresh Market, Monon Trail, restaurants and Center for Inquiry School 84.  Loads of natural light, original floors and updates throughout.  This solid 2 story home boasts a finished basement with potential guest bedroom (just add egress window) or office.  Don't miss the deep back yard for a garden or a carriage house.

The manager has listed the unit size as 2094 square feet.
Unit Size
2,094Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$191
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Mar 14, 2024 No longer available -
No longer available
Mar 1, 2024 In contract -
In contract
Jan 18, 2024 Price Decreased $399,500
↓ $26K (6%)
Price Decreased
Oct 13, 2023 Price Decreased $424,999
↓ $25K (5.6%)
Price Decreased
Aug 3, 2023 Listed $450,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 720
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,759
  • Lot Size Depth Feet: 2,690
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,180
  • Gross Building Area: 2,180
  • Building Area: 1,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,460
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LIGHTS BELLEVUE SUB
  • Land Acres: 0.247
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: LIGHTS BELLEVUE SUB L227

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 321800

Geography

  • District: 0008
  • Section: 120
  • Parcel: 49-06-12-225-069.000-801
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8525
  • Longitude: -86.1485

    Address

  • Full Address: 5502 Broadway St
  • Address - House Number: 5502
  • Address - Street Name: Broadway
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C006
  • 4-Digit Zip Code: 3071
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 2,180
  • Tax Year: 2021
  • Tax Amount: $3,153
  • Tax Rate Code Area: 801:INDPLS

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Oct 05, 2022
  • Confidence Score: 69
  • Final Value: 379,825
  • High Value: 464,246
  • Low Value: 295,403

    Market Valuation

  • Market Total Value: $258,400
  • Market Land Value: $42,400
  • Market Improvement Value: $216,000

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $258,400
  • Assessed Land Value: $42,400
  • Assessed Improvements Value: $216,000

    Exemptions

  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,788 ft²
$215/ft²
$385,000 Oct 6, 2023
-
-
House
3 Beds
2.5 Baths
2,208 ft²
$190/ft²
$420,000 Feb 8, 2024
-
-
House
3 Beds
2 Baths
1,978 ft²
$177/ft²
$350,000 Dec 14, 2023
-
-
House
3 Beds
1.5 Baths
1,612 ft²
$288/ft²
$465,000 Mar 1, 2024
-
-
House
4 Beds
2.5 Baths
2,280 ft²
$197/ft²
$450,000 Feb 2, 2024
-
-
Multifamily
Stu
-
-
$375,000 Mar 1, 2024
-
-

About Meridian Kessler


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Frequently Asked Questions

When was property at 5502 Broadway Street built and last sold?
The property at 5502 Broadway Street was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5502 Broadway Street is $403,495.
What are some comparable homes to 5502 Broadway Street?
Homes that are comparable to 5502 Broadway Street include a house property at 5250 North College Avenue, 5750 North College Avenue, 5108 North College Avenue.

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