Price Reduction
Address
5545 W 46th Street, Indianapolis, IN
Price
$ 649,900
Property Attributes
- MLS#22107875
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaPike
- NeighborhoodSubdivision Not Available See Legal
- Zip46254
- StyleFarmhouse
- Year Built1872
- Taxes$ 6906
- Price$ 649,900
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage3276
- Lot Size5.35 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Owners had added another 3.3-acre tax parcel to this home since it was last on the market! That additional acreage has a hard-to-find barn in good condition. True needle-in-a-haystack opportunity-5.35 acres inside the I-465 loop with charming 150-year-old farmhouse, historic character, and endless possibilities. Step onto the welcoming wraparound porch and 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 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. Existing chicken house stays! Whether 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. 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 |
| 8/21/2026 | 7$649,900 |
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,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
Taxes
Year Built
Visits
In The Neighborhood
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$ 949,990
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$ 515,760
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Reduced
McCordsville
$ 425,000
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Anderson
$ 100,000
- Type
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Fishers
$ 539,990
- Type
- Single Family
Listed by Marie Edwards of HMS Real Estate, LLC
Primary On Main
Seymour
$ 149,900
- Type
- Single Family
Listed by Alexis Turner of Berkshire Hathaway Home
MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Homes with Steill may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Last Updated: September 13, 2026 2:41 AM UTC
