501 Schmitt Rd, Indianapolis, IN 46239
OFF MARKET

501 Schmitt Rd
Indianapolis, IN 46239

Southeast Warren
  • Studio
  • 2 Baths
  • 2,139 sqft (on 0.35 acres)

$388,900

Trulia Estimate
as of Aug 8, 2026

$388,900

Trulia Estimate
as of Aug 8, 2026
Studio
2 Baths
2,139 sqft
(on 0.35 acres)

Local Information

  • Map ViewExplore the area around 501 Schmitt Rd.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1998
Lot Size
0.35 acres
Living Area
2,139 sqft
Price/Sqft
$182
Parking
Garage

About this House

This single-family home is located at 501 Schmitt Rd, Indianapolis, IN. 501 Schmitt Rd is in the Southeast Warren neighborhood in Indianapolis, IN and in ZIP code 46239. This property has 2 bathrooms and approximately 2,139 sqft of floor space. This property has a lot size of 0.35 acres and was built in 1998.
501 Schmitt Rd, Indianapolis, IN 46239 is a studio, 2 bathroom, 2,139 sqft single-family home in Southeast Warren, built in 1998. It is currently off market. The Trulia Estimate is $388,900, with a rent estimate of $2,130/month.

Home Details for 501 Schmitt Rd

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Attic
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1998Year Updated: 1998
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Foundation Type: Crawl Raised
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 0.35 acres

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
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Property Tax and Assessment

Year2025
Tax$4,506
Assessment$472,900
Home facts updated by county records

Comparable Sales for 501 Schmitt Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
11728 Grazing Ln, Indianapolis, IN
0.07
Single-Family Home
$396,000
05/19/26
3
2
2,331
533 Schmitt Rd, Indianapolis, IN
0.06
Single-Family Home
$365,000
06/05/26
5
2.5
2,840
844 Planters Rd, Indianapolis, IN
0.35
Single-Family Home
$374,900
01/16/26
4
2
2,238
11746 Tillage Rd, Indianapolis, IN
0.28
Single-Family Home
$325,000
07/21/26
3
2
2,204
11736 Grazing Ln, Indianapolis, IN
0.06
Single-Family Home
$441,100
10/03/25
5
4.5
3,187
525 Schmitt Rd, Indianapolis, IN
0.05
Single-Family Home
$410,000
01/30/26
4
3.5
3,800
11733 Schmitt Cir, Indianapolis, IN
0.23
Single-Family Home
$475,000
03/13/26
4
2.5
4,336
822 Planters Rd, Indianapolis, IN
0.30
Single-Family Home
$387,000
05/22/26
3
2.5
2,353
11815 Adair Pl, Indianapolis, IN
0.42
Single-Family Home
$269,900
09/30/25
3
2
1,557
11855 Dumfrees Ct, Indianapolis, IN
0.27
Single-Family Home
$200,000
03/27/26
3
2
1,340

Nearby homes

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Assigned Schools

These are the assigned schools for 501 Schmitt Rd.
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

Southeast Warren
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Southeast Warren

At least 29 Trulia users voted on each feature.

  • 97 % Say yards are well-kept

  • 91 % Say it's dog friendly

  • 86 % Say there's holiday spirit

  • 85 % Say parking is easy

  • 80 % Say it's quiet

  • 78 % Say there are sidewalks

  • 78 % Say car is needed

  • 67 % Say they plan to stay for at least 5 years

  • 64 % Say neighbors are friendly

  • 59 % Say people would walk alone at night

  • 59 % Say streets are well-lit

  • 53 % Say there's wildlife

  • 53 % Say kids play outside

  • 33 % Say there are community events

  • 26 % Say it's walkable to grocery stores

  • 23 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "i do not know of any events around my neighborhood. it's quiet and peaceful. and everyone kinda keeps to themselves but keeps an eye out for triuble"
    0
    Flag
  • Dakinidancer7
    "There’s quite a bit of common area, and a pond. I see people walking their dogs all the time. There are paved pathways around the neighborhood."
    2
    Flag
  • Thad R.
    "Keep kids close! people drive crazy. there is violence and crime in the area especially in the apt complexes. "
    8
    Flag
  • Jenny H.
    "We don't have any events in our neighborhood other than 2 yard sales a year. We tried to have a neighborhood bbq in June and the turnout was terrible."
    9
    Flag
  • Julie P.
    "This neighborhood is great for families and retired people. There are sidewalks to get anywhere. Close to shopping but far enough not to be effected by the traffic"
    0
    Flag
  • chrisjmoen
    "I live here. Very convenient to schools, shopping, interstate. Yet, a very quiet subdivision."
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 501 Schmitt Rd

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Off Market Homes Near 501 Schmitt Rd

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Frequently asked questions about 501 Schmitt Rd

  • What is 501 Schmitt Rd estimated to be worth?
    Trulia's estimated value for 501 Schmitt Rd in Indianapolis, IN is $388,900.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $243K. That is up $9.18K from the prior month.
  • What do residents say about the Southeast Warren neighborhood?
    Residents describe the Southeast Warren neighborhood in Indianapolis, IN as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See recently sold homes in Southeast Warren, Indianapolis.
  • Does 501 Schmitt Rd have air conditioning?
    Yes, 501 Schmitt Rd in Indianapolis, IN has air conditioning.
  • How big is the lot at 501 Schmitt Rd?
    The lot at 501 Schmitt Rd in Indianapolis, IN is about 0.35 acres (15,289 sq ft).