5507 Primrose Ave Indianapolis, IN 46220
Canterbury-Chatard NeighborhoodEstimated payment $2,548/month
Highlights
- View of Trees or Woods
- Cape Cod Architecture
- Wood Flooring
- Updated Kitchen
- Mature Trees
- No HOA
About This Home
Now with brand new carpets and offered at an improved price, your peaceful retreat in Midtown awaits! Tucked away in a welcoming neighborhood, this spacious 4-bedroom, 2-bath bungalow strikes the perfect balance of charm, tranquility, and convenience. Nestled along the edge of nature, yet just steps from the Monon Trail and the vibrant dining and shopping hubs at 54th & the Monon and Broad Ripple, you'll enjoy the best of both worlds. Inside, you'll be surprised by the generous room sizes and versatile layout ... rare finds in this area. Each bedroom features large closets and can easily flex into a home office, studio, playroom, or guest space to suit your lifestyle. Warm hardwood floors and a bespoke staircase add character, while the open-concept kitchen and dining area make everyday living and entertaining seamless. Downstairs, a large walkout basement expands your options even further, complete with a spacious laundry area and plenty of space for a game room, fitness studio, workshop, or kids playroom, office and more. Seller has done some important updates that offer the new homeowner added peace of mind. A brand new sewer line from Hope Plumbing with transferable lifetime warranty; new algae-resistant shingles on the entire backside of the roof as well as new wooden siding on the southside of the home; and the black aluminum fencing in the front yard add to the home's quaint character! Enjoy serene, nature-filled views from every angle. The lush backyard backs up to a wooded landscape that shifts beautifully with the seasons. In summer, it's a private green haven, and in winter, the view opens up to reveal a peaceful water view. Whether you're gathering with friends around a summer bonfire or using the space for extra parking, the large backyard offers endless possibilities. Don't miss your chance to own this rare Midtown gem - a home that offers flexibility, character, and connection to both community and nature.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,358
Year Built
- Built in 1954
Lot Details
- 8,276 Sq Ft Lot
- Mature Trees
Parking
- 1 Car Attached Garage
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Block Foundation
- Wood Siding
Interior Spaces
- 2-Story Property
- Woodwork
- Paddle Fans
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Views of Woods
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Interior and Exterior Basement Entry
- Laundry in Basement
Outdoor Features
- Fire Pit
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Community Details
- No Home Owners Association
- 54Th & Haverford Subdivision
Listing and Financial Details
- Tax Lot 54th & Haverford Addition
- Assessor Parcel Number 490707125010000801
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,483 | $368,500 | $41,300 | $327,200 |
| 2023 | $4,483 | $365,000 | $41,300 | $323,700 |
| 2022 | $3,519 | $259,000 | $41,300 | $217,700 |
| 2021 | $3,157 | $261,500 | $24,800 | $236,700 |
| 2020 | $2,953 | $243,800 | $24,800 | $219,000 |
| 2019 | $2,864 | $232,300 | $24,800 | $207,500 |
| 2018 | $2,768 | $222,800 | $24,800 | $198,000 |
| 2017 | $2,495 | $224,800 | $24,800 | $200,000 |
| 2016 | $2,292 | $210,700 | $24,800 | $185,900 |
| 2014 | $2,312 | $214,500 | $24,800 | $189,700 |
| 2013 | $2,153 | $207,500 | $24,800 | $182,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | Price Changed | $415,000 | -2.9% | $189 / Sq Ft | |
| 11/17/2025 11/17/25 | Price Changed | $427,500 | -0.6% | $195 / Sq Ft | |
| 11/17/2025 11/17/25 | For Sale | $430,000 | 0.0% | $196 / Sq Ft | |
| 11/08/2025 11/08/25 | Off Market | $430,000 | -- | -- | |
| 10/16/2025 10/16/25 | Price Changed | $430,000 | -3.2% | $196 / Sq Ft | |
| 09/29/2025 09/29/25 | For Sale | $444,444 | +22.1% | $203 / Sq Ft | |
| 09/16/2022 09/16/22 | Sold | $364,000 | -0.3% | $165 / Sq Ft | View Prior Sale |
| 08/26/2022 08/26/22 | Pending | -- | -- | -- | |
| 08/24/2022 08/24/22 | For Sale | $365,000 | 0.0% | $166 / Sq Ft | |
| 08/19/2022 08/19/22 | Pending | -- | -- | -- | |
| 08/09/2022 08/09/22 | Price Changed | $365,000 | -2.7% | $166 / Sq Ft | |
| 07/28/2022 07/28/22 | Price Changed | $375,000 | -2.6% | $170 / Sq Ft | |
| 07/26/2022 07/26/22 | For Sale | $385,000 | +67.5% | $175 / Sq Ft | |
| 12/05/2016 12/05/16 | Sold | $229,900 | 0.0% | $77 / Sq Ft | View Prior Sale |
| 10/24/2016 10/24/16 | Off Market | $229,900 | -- | -- | |
| 10/19/2016 10/19/16 | For Sale | $229,900 | -- | $77 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorneys Title Services Llc | |
| Deed | $229,900 | -- | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $357,407 | FHA | |
| Previous Owner | $149,200 | Purchase Money Mortgage | |
| Previous Owner | $159,900 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22065177
APN: 49-07-07-125-010.000-801
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