Open House Sun, Aug 23rd 02:00 PM - 04:00 PM
Address
5545 W 46th Street, Indianapolis, IN
Price
$ 694,000
Property Attributes
  • MLS#22107875
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaPike
  • NeighborhoodSubdivision Not Available See Legal
  • Zip46254
  • StyleFarmhouse
  • Year Built1872
  • Taxes$ 6906
  • Price$ 694,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3276
  • Lot Size5.35 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

A true needle-in-a-haystack opportunity-5.24 acres inside the I-465 loop with a charming 150-year-old farmhouse, historic character, and endless possibilities. Step onto the welcoming wraparound porch and into a home filled with craftsmanship that's nearly impossible to find today. Original woodwork, soaring ceilings, transom windows, stained glass, and spacious rooms create a warm, inviting atmosphere rich with history. The large attic offers excellent storage and exciting potential for future finished living space. Outside, you'll discover a peaceful retreat that feels worlds away from the city. Mature walnut, hackberry, and maple trees provide beauty and shade, while the growing fields and native prairie attract birds, butterflies, dragonflies, fireflies, and other wildlife. Enjoy sunrise coffee on the porch, host family and friends in the barn, or simply relax and take in the surroundings. The back porch and adjacent laundry room make the perfect transition after a day spent outdoors. Continue the legacy of the current owners as a working urban vegetable and flower farm, or bring your own vision to life. With no HOA, the possibilities are endless-create a wood-fired pizza farm where guests gather picnic-style to enjoy pizzas topped with produce grown just steps away, pair it with a U-pick flower farm, or fence a portion of the property for animals to create an unforgettable destination for families. The existing chicken house stays! Whether you're dreaming of a hobby farm, agritourism business, event venue, or simply a private country retreat with room to roam, opportunities like this are exceptionally rare-especially in such a convenient location. The sale includes a total of 5.35 acres across three tax parcels: 490513117008000600, 4905131100100600, and 490513117009000600. Please include all three parcels with any offer.

Price History
7/23/2026 Listed $694,000

General Features

Heating Forced Air
Cooling Central Air
Possession Closing
Appliances Dryer,Microwave,Gas Oven,Refrigerator,Washer,Water Heater,Water Softener Owned
Patio/Porch Features Covered,Wrap Around
Architectural Style Farmhouse
Construction Materials Wood Siding
Year Built 1872
Township Pike
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Additional Parcels Description 490513117009000600
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Subdivision Not Available See Legal
Garage Y/N No
Total Rooms 14
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District MSD Pike Township
MLS Area 4902 - Marion - Pike
Lot Size Square Feet 228254
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Additional Parcels Y/N Yes
Standard Status Active
Tax Lot 490513117008000600
Legal Description Pt Nw1/4 Ne1/4 S13 T16 R2 Beg 394' S & 663.42' W Of Ne Cor P.O.B. N393.95' E214.14' S393.95' W214.14' To Beg

Interior Features

Interior Amenities Attic Stairway,Built-in Features,Hardwood Floors,Hi-Speed Internet Availbl,Wired for Sound,Wood Work Stained
Basement (Y/N) Yes
Total Bedrooms 4
LivingAreaSource Broker
Total Baths 2

Exterior Features

Lot Features Not In Subdivision,Mature Trees
Water Source Public,Private
Foundation Details Block,Stone
Building Area Total 3276
Lot Size Acres 5.35
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46254

Price
AVG $280K
$690K
Taxes
AVG $3,407
$6,906
Year Built
AVG 1984
1872
Visits
AVG 86
24
Data Provided by Inside Real Estate®

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