1505 E 87th St, Indianapolis, IN 46240
OFF MARKET

1505 E 87th St
Indianapolis, IN 46240

Nora-Far Northside
  • 2 Beds
  • 1 Bath
  • 1,539 sqft (on 0.48 acres)

$259,600

Trulia Estimate
as of Jul 1, 2026
Est. Refi. Payment $1,578/mo*
Refinance Your Home

$259,600

Trulia Estimate
as of Jul 1, 2026
Est. Refi. Payment $1,578/mo*
Refinance Your Home
2 Beds
1 Bath
1,539 sqft
(on 0.48 acres)

Local Information

  • Map ViewExplore the area around 1505 E 87th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This single-family home is located at 1505 E 87th St, Indianapolis, IN. 1505 E 87th St is in the Nora-Far Northside neighborhood in Indianapolis, IN and in ZIP code 46240. This property has 2 bedrooms, 1 bathroom and approximately 1,539 sqft of floor space. This property has a lot size of 0.48 acres and was built in 1957.
1505 E 87th St, Indianapolis, IN 46240 is a 2 bedroom, 1 bathroom, 1,539 sqft single-family home in Nora-Far Northside, built in 1957. It is currently off market. The Trulia Estimate is $259,600, with a rent estimate of $1,633/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 1505 E 87th St

Interior Features

Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 8Types of Rooms: Family Room
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1957Year Updated: 1961
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.48 acres

Market trends in Indianapolis

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$238K
$16.58KMoM
Sale-to-List Price
98.7%
0.4%MoM
Price per sq ft
$141
$7MoM
Available listings
3812
187MoM
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Property Tax and Assessment

Year2025
Tax$4,778
Assessment$237,600
Home facts updated by county records

Comparable Sales for 1505 E 87th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1920 E 88th St, Indianapolis, IN
0.31
Single-Family Home
$330,000
11/07/25
3
1
1,703
9114 Crestview Dr, Indianapolis, IN
0.38
Single-Family Home
$355,000
06/15/26
3
2
1,572
8505 Compton St, Indianapolis, IN
0.36
Single-Family Home
$329,900
06/22/26
3
1
2,415
8650 Guilford Ave, Indianapolis, IN
0.43
Single-Family Home
$320,000
02/05/26
3
2
1,737
8795 Carrollton Ave, Indianapolis, IN
0.49
Single-Family Home
$300,000
07/21/25
3
2
1,424
8705 Guilford Ave, Indianapolis, IN
0.38
Single-Family Home
$338,000
06/01/26
3
2
1,470
8645 Carrollton Ave, Indianapolis, IN
0.48
Single-Family Home
$300,000
10/29/25
3
1.5
1,403
8635 N College Ave, Indianapolis, IN
0.58
Single-Family Home
$235,000
10/30/25
3
2
2,062
8816 El Rico Dr, Indianapolis, IN
0.47
Single-Family Home
$345,000
05/08/26
3
2
1,370
9224 Crestview Dr, Indianapolis, IN
0.49
Single-Family Home
$265,100
04/08/26
4
2
1,964

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1505 E 87th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Nora-Far Northside
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Nora-Far Northside

At least 47 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 84 % Say car is needed

  • 83 % Say parking is easy

  • 76 % Say yards are well-kept

  • 74 % Say there's holiday spirit

  • 71 % Say kids play outside

  • 67 % Say it's walkable to restaurants

  • 66 % Say it's quiet

  • 66 % Say it's walkable to grocery stores

  • 65 % Say people would walk alone at night

  • 60 % Say they plan to stay for at least 5 years

  • 55 % Say there's wildlife

  • 55 % Say neighbors are friendly

  • 45 % Say there are sidewalks

  • 41 % Say streets are well-lit

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "For the most part it is safe and I love living out here. Especially coming from a different area. Very safe kid friendly out here and many things to do. Eating out movies shopping activity places. It’s worth it. "
    1
    Flag
  • Trulia User
    "Pets are not allowed. And I am glad that there's no pets, because some people will pick up behind their pets and others won't"
    0
    Flag
  • Trulia User
    "My neighborhood is great and I look forward to my kids growing up here. The school system is great and the neighbors are pleasant, friendly and people I like to hang out with!"
    0
    Flag
  • Helen T.
    "I have short commute to work. There’s not much traffic. Roads are taken care of. Snow removed right away. "
    1
    Flag
  • Missy
    "easy interstate access. not too much traffic............................ gxdfggghhhvfds. kkjgxwtm gs nkkhfrjn cdlmvdejbvfrj vd"
    0
    Flag
  • Bob W
    "Easy commute. I have an office at home. Plenty of local office space if I choose to expand. RedLine is two blocks away."
    0
    Flag
  • Bob
    "Nora has schools, neighborhoods, houses of worship, shopping, gyms...a bike trail, the river, a few parks. All within distance. "
    0
    Flag
  • Denispallas
    "Plenty of public stops. Walking is easy and the Monon gives access to a lot! It’s very centrally located here and easily accessible to many major roads and attractions. "
    0
    Flag
  • Jason H.
    "Elementary school nearby is pretty wonderful. Lots of community involvement and after school activities. There are kids all over the area, my daughter (9) can ride her scooter up the block to see her friends. "
    0
    Flag
  • Dianaesterline
    "it's close to grocery stores and pharmacies. there are good parks and schools in the area and the monone trail is very close by.."
    0
    Flag
  • DonnaGrissom924
    "It is safe. You often see many neighbors out walking with their children or pets, or for fitness. Minimal traffic. "
    0
    Flag
  • Michael W.
    "I use to live there for 2 years and I have to say it was a great place to live. Literally 1.5 miles from grocery stores and shopping."
    3
    Flag
  • LaStacy C.
    "Within 5 minutes being outside. I seen about 4 neighbors with dogs. Dogs definitely seem welcome in this neighborhood and dogs are very common. "
    0
    Flag
  • Lex h.
    "the neighbors are awesome! were close to stores but still feels like a neighborhood. Everyone seems to watch out for everyone. "
    2
    Flag
  • Michelle L.
    "I've lived here for two years & I like the area because it's very central to everything - downtown Broad Ripple and the Monon Trail. Who can forget all the great Parks? I have to say this is the most diverse city I've ever lived in!"
    1
    Flag
  • Anita
    "It is a very nice area, located in the center of the city. It’s close to everything and very close to the community park, library, restaurants etc. Also, the emergency centers such as the fire department, hospital, and police station is nearby. It’s a very cozy area."
    0
    Flag
  • Sara D. A.
    "Great neighborhood that is convenient and beautiful. Close to everything carmel and indianapolis has to offer."
    3
    Flag
  • Sara D. A.
    "It’s large lots and beautiful homes nestled in a convenient location. Lots of owners have been in the neighborhood a long time."
    1
    Flag
  • adjwilli
    "I grew up in the Nora area and am buying a house here now. I have very mixed feelings about Indianapolis in general, but Nora is definitely the best neighborhood. Walkable in some areas, but not all. It has a Whole Foods and Target and is next to the Fashion Mall. If you're next to the Monon, you're golden."
    0
    Flag

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Off Market Homes Near 1505 E 87th St

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