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5041 Kentucky Avenue

Indianapolis, IN 46221

ActiveListed Aug 1, 2026 · 61 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,384 sqft
Lot
0.45 acres
Year built
1932
Type
Residential · Single Family Residence
Stories
One and one half
Garage
2 spaces
MLS #
22117711
County
Marion
Subdivision
Metes & Bounds
Total building area
2,268 sqft

About this home

A beautifully remodeled home hiding in plain site! Craftsman style with modern updates and amenities. The gorgeous kitchen has white shaker cabinets, attractive granite counter top, SS appliances, and a modern, open, vent hood. The covered and glass enclosed front porch is a great place to meet and greet. 3-BRs and 2-full updated bathrooms. The master BR, upstairs, has an adjoining room for home office or sitting room. New windows, new roof, stylish flooring and paint and much more. Full, clean and dry basement. 2-car garage. This unique property is zoned for residential D-W or commercial C-3. This is also listed as commercial BLC #22117719.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherElectric OvenRange HoodRefrigerator
Interior features
Breakfast BarEntrance FoyerWood Work Painted
Laundry
In Basement
Windows
Low-Emissivity WindowsVinyl Windows
Rooms
6
Main-level bedrooms
2
Condition
Updated/Remodeled

Exterior

Patio and porch
Covered
Construction
Brick
Foundation
Block
Style
Traditional
Parking and garage
Detached

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Schools

Middle school
Decatur Middle School
School district
MSD Decatur Township

Taxes

Estimated annual tax
$4,510 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,697per month, estimated
Principal and interest $1,235Property tax $376Insurance $86
20% · $49,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$245,000
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