$195,500
$23K PRICE DROP

5656 Madison Ave Indianapolis, IN 46227

Edgewood Neighborhood

Estimated payment $1,249/month

Total Views 14,718
4 Beds
2 Baths
2,016 Sq Ft
$97 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Wood Flooring
  • 3 Car Detached Garage
  • A-Frame Home
  • Breakfast Room
  • 1-Story Property

About This Home

Nestled at 5656 Madison AVE, INDIANAPOLIS, IN, this single-family residence offers an inviting home, ready to move in. With four bedrooms and two full bathrooms thoughtfully arranged within 1008 square feet of living area, this home provides comfortable accommodation for relaxation and personal space. Extending beyond the home, the property features a deck where you can unwind and enjoy the outdoors. The generous 10890 square feet lot area offers ample space to create your dream outdoor haven. Built in 1955, this one-story with finished basement home is full of potential for a new chapter.

Listing Agent

Than Hnin

BEB Realty LLC License #RB17001443 Listed on: 09/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1955

Parking

  • 3 Car Detached Garage

Home Design

  • A-Frame Home
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Breakfast Room
  • Attic Access Panel
  • Basement

Kitchen

  • Updated Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 0.25 Acre Lot
  • Central Air

Community Details

  • 10Th Sub Subdivision

Listing and Financial Details

  • Tax Lot 491506147007000500
  • Assessor Parcel Number 491506147007000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,626

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1955
  • Building Area Total: 2016
  • Garage Y N: Yes
  • Lot Size Acres: 0.25
  • Subdivision Name: 10Th Sub
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1008
  • Interior Amenities: Attic Access
  • Living Area: 2016
  • Areas Interior: Bedroom Other on Main
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1008
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Direction Faces: North
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Public
  • Solid Waste: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 10890
  • Parcel Number: 491506147007000500
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 2626
  • Tax Lot: 491506147007000500
  • Semi Annual Property Tax Amt: 1313
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $2,445 $208,100 $11,800 $196,300
2023 $2,445 $187,800 $11,800 $176,000
2022 $2,273 $169,400 $11,800 $157,600
2021 $2,072 $153,300 $11,800 $141,500
2020 $1,963 $145,000 $11,800 $133,200
2019 $1,876 $138,800 $10,000 $128,800
2018 $1,710 $129,600 $10,000 $119,600
2017 $1,571 $123,000 $10,000 $113,000
2016 $1,407 $113,900 $10,000 $103,900
2014 $710 $88,200 $10,000 $78,200
2013 $777 $92,100 $10,000 $82,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2025 10/14/25 Price Changed $195,500 -10.5% $97 / Sq Ft
09/05/2025 09/05/25 For Sale $218,500 +60.7% $108 / Sq Ft
03/19/2019 03/19/19 Sold $136,000 +0.7% $67 / Sq Ft View Prior Sale
02/05/2019 02/05/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $135,000 +210.3% $67 / Sq Ft
06/29/2012 06/29/12 Sold $43,500 0.0% $22 / Sq Ft View Prior Sale
05/10/2012 05/10/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $43,500 -- $22 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $136,000 Investors Title Service
Warranty Deed $136,000 Investors Title
Warranty Deed $70,000 Hocker And Associates
Special Warranty Deed $43,500 None Available
Sheriffs Deed $52,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,536 FHA
Previous Owner $34,800 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22061151

MIBOR Broker Listing Cooperative®

APN: 49-15-06-147-007.000-500

Indiana Marion County Indianapolis 46227 Edgewood

5656 Madison Ave, Indianapolis, IN

For Sale

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MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website.

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Listing Agent
Than Hnin
Section Image
BEB Realty LLC
(317) 620-8398