550 Sutherland Ave, Indianapolis, IN 46205
Property image
Property image
PENDING
0.33 ACRES

$499,000

  • 4 Beds
  • 3.5 Baths
  • 3,618 sqft (on 0.33 acres)

550 Sutherland Ave, Indianapolis, IN 46205

Near Northside
Est. Mortgage $3,087/mo*
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Home Highlights

Single-Family Home
Built in 1955
0.33 acre lot
$138/sqft

Local Information

  • Map ViewExplore the area around 550 Sutherland Ave.
  • Schools9 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Investors or Renovation Loan Buyers, don't miss this property. This home boasts .33 acres with views of Fall Creek. One of the bigger lots in this close of proximity to downtown, this home has room to build a garage, and/or carriage home. Renovation was started, but due to life changes, Seller has decided to unload. ARV Comps are GREAT, leaving you with tons of potential for profit or equity. One of the bigger homes, and bigger lots, with all the dirty work mostly done, don't miss this opportunity to swoop in and make this home yours. Siding has been completed, it's down to the studs, plumbing, electrical, HVAC, and framing almost finished. Come add your touches before drywall and finishes. Plans attached for your reference.
Last check for updates: about 2 hours ago
Listing Provided by: Christina Eslinger
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID, MLS#22096871
Also Listed on MIBOR as distributed by MLS GRID.

Home Details for 550 Sutherland Ave

Active Status

MLS Status: Pending

Interior Features

Interior Details
Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Attic, Dining Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 3618 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Levels: Tri-Level
View
Has a ViewView: Creek/Stream

Exterior Features

Exterior Home Features
Foundation: Brick/Mortar, Cellar
Parking & Garage
No Garage
Frontage
WaterfrontWaterfront: Water ViewOn Waterfront
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 21Days on Market: 144

Property Information

Year Built
Year Built: 1955
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Other
Building
Construction Materials: Cement SidingNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: Fixer, Under ConstructionParcel Number: 490625129003000101

Price & Status

Price
List Price: $499,000Price Per Sqft: $138
Status Change & Dates
Off Market Date: Thu Jun 11 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: No Subdivision
School Information
High School District: Indianapolis Public Schools

Agent Information

Listing Agent
Listing ID: 22096871
Buyer Agent
Buyer Company Name: Step It Up Realty

Building

Building Area
Building Area: 3618 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.33 acres

Listing Info

Special Conditions: As Is, Broker Owned

Miscellaneous

BasementMls Number: 22096871Water ViewWater View: Creek/Stream

Around this home

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

Near Northside
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Near Northside

At least 68 Trulia users voted on each feature.

  • 98 % Say it's dog friendly

  • 97 % Say there are sidewalks

  • 94 % Say it's walkable to restaurants

  • 89 % Say parking is easy

  • 77 % Say car is needed

  • 76 % Say there's holiday spirit

  • 76 % Say streets are well-lit

  • 74 % Say yards are well-kept

  • 68 % Say neighbors are friendly

  • 65 % Say people would walk alone at night

  • 59 % Say it's walkable to grocery stores

  • 56 % Say kids play outside

  • 53 % Say they plan to stay for at least 5 years

  • 46 % Say it's quiet

  • 46 % Say there's wildlife

  • 41 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Nvhnc7btp8
    "Excellent schools and park in historic Herron-Morton Place. Lots of families with children and pet families. Family and pet friendly restaurants, ice cream shop and other food and beverage amenities as well"
    0
    Flag
  • Trulia User
    "There are numerous festivals and public events. The Pacers and the Colts play here. And the is the Indy Fever that also play at the field house. "
    3
    Flag
  • Trulia User
    "I lived in this neighborhood for 3.5 years. My kids enjoyed riding their bikes and playing in the triangle park. And, the neighbors are super friendly."
    4
    Flag
  • Trulia User
    "The History of Herron makes this a unique upscale classy neighborhood to live in . Peaceful Serine Beautiful we look forward to residing in this Community"
    3
    Flag
  • Sanematsu
    "I’ve lived here for 13 years. Love the big city feel. Shawn Grove Park is great for the kids. You can walk to the library. More coffee places and restaurants have been popping up. It’s one of the best spots in Indy IMHO "
    19
    Flag
  • Scott.joe.williams
    "Lots of dog walking. Only a handful of times have I seen someone walking without a leash. Most people are respectful with their animals. "
    1
    Flag
  • Luke M.
    "There are lots of well maintained sidewalks that are ideal for dogs to walk on. There are not too many cars that drive down the streets between college and central, and central and Delaware. "
    0
    Flag
  • Ekelley.barkey
    "Locally owned restaurants to meet other neighbors. We love walking to dinner or out for drinks. A quick Uber/lyft ride to popular downtown spots. Great neighborhood for running or walking your dog. Great seasonal events in nearby parks with live music and vendors. "
    1
    Flag
  • Loubags01
    "This is a very kid friendly neighborhood. You’ll see children riding bikes with their parents & trying their hand at becoming young entrepreneurs with lemonade stands. All of the local eateries also cater to the kiddos. "
    0
    Flag
  • Mberardi525
    "Rotating Socials at neighbors, July neighborhood wide yard sale. Yearly neighborhood clean-ups. Social events at local businesses after hours. "
    0
    Flag
  • Loubags01
    "There are great private schools for children of all ages around us. The sidewalks are always full of families walking dogs & pushing strollers with older children walking or riding along on their bikes. Parents have meet ups in the parks & our HOA has fantastic family activities including Easter egg hunts & we close down Talbott St during the 4th of July to watch the Indianapolis fireworks in the street. "
    0
    Flag
  • Jason
    "I wouldn’t consider the Old Northside a child friendly area. It’s great for urban minded older people."
    0
    Flag
  • Reddadday01
    "Public Transportation is good, however you do need a care for shopping and commuting out of downtown "
    0
    Flag
  • Reddadday01
    "The area is mixed however condos are running around 150K on up apartment rent is around $1000.00 a month South of 16th Street "
    0
    Flag
  • Shelly S.
    "Old Northside Treasure Hunt and a variety of different activities like porch parties, halloween and summer picnic"
    0
    Flag
  • Audrea F.
    "The commute from my neighborhood to the downtown and Broad Ripple areas is very easy and traffic is typically light. "
    0
    Flag
  • Byron R.
    "I've lived over here for about four years, and the people in this neighborhood are friendly. I feel safe when I am out walking after dark. I wish I had a dog to really fit in cause I love to see people walking their dogs around."
    0
    Flag
  • Emkemp
    "I have lived in the neighborhood for over 7 years. There are so many new places to walk to now. It's great to meet with up with friends nearby."
    0
    Flag
  • Shelly S.
    "Proximity to downtown with neighborhood feel. Great neighbors connected community.old houses modern living."
    0
    Flag
  • Corrnd
    "I've lived in Fall Creek Place for 7 years. It's very walkable to local amenities, with good connectivity into downtown and an interesting mix of new and historic homes."
    0
    Flag
  • Mberardi525
    "Great old home architecture. Friendly people. Not too much traffic. Lots of people out jogging or walking dogs. Can ride your bike anywhere downtown. "
    0
    Flag

Market trends in Indianapolis

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM

Home Value

Trulia Estimate
$470K
Since last month
Increased$500 (+0.1%)
Since last year
Increased$244K (+107.3%)
Since last sale
Increased$232K (+97.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +161% in the last 10 years
MonthEstimated value
2026
August 2026$471K
August 2026$470K
June 2026$468K
May 2026$478K
April 2026$493K
March 2026$342K
February 2026$346K
January 2026$327K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2531 Broadway St, Indianapolis, IN
0.12
Single-Family Home
$475,000
06/09/26
3
2.5
3,600
2508 Carrollton Ave, Indianapolis, IN
0.25
Single-Family Home
$275,000
12/01/25
4
2
4,002
2820 Ruckle St, Indianapolis, IN
0.22
Single-Family Home
$325,000
07/27/26
3
2
3,108
2548 Central Ave, Indianapolis, IN
0.09
Single-Family Home
$575,000
05/18/26
4
3
3,355
2737 Carrollton Ave, Indianapolis, IN
0.30
Single-Family Home
$315,000
03/13/26
3
2.5
3,779
2539 Broadway St, Indianapolis, IN
0.11
Single-Family Home
$602,500
10/17/25
3
3.5
2,493
2436 N College Ave, Indianapolis, IN
0.23
Single-Family Home
$579,000
05/29/26
4
3.5
3,992
519 Sutherland Ave, Indianapolis, IN
0.05
Single-Family Home
$390,000
12/15/25
4
2.5
2,400
2529 N New Jersey St, Indianapolis, IN
0.14
Single-Family Home
$474,900
08/28/26
3
2.5
2,574
2434 N Park Ave, Indianapolis, IN
0.17
Single-Family Home
$556,000
07/02/26
3
2.5
2,400

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
532 Sutherland Ave, Indianapolis, IN 46205
0.02
$145,000
-
-
-
Recently Sold
530 Sutherland Ave #E, Indianapolis, IN 46205
0.03
$215,000
2
1
1,428
Recently Sold
530 Sutherland Ave #A, Indianapolis, IN 46205
0.02
$205,000
2
1
1,428
Recently Sold
530 Sutherland Ave #B, Indianapolis, IN 46205
0.02
$210,000
2
1
1,428
Recently Sold
530 Sutherland Ave #D, Indianapolis, IN 46205
0.02
$210,000
2
1
1,428
Recently Sold
520 Sutherland Ave, Indianapolis, IN 46205
0.04
$247,400
2
2
1,701
Off Market
2607 E Sutherland Ave, Indianapolis, IN 46205
0.04
$334,800
3
1.5
2,527
Off Market
520 Sutherland Ave #E, Indianapolis, IN 46205
0.04
$226,400
3
2
1,701
Off Market
2625 Sutherland Ave, Indianapolis, IN 46205
0.07
$464,100
4
2.5
2,110
Off Market
519 Sutherland Ave, Indianapolis, IN 46205
0.05
$390,000
4
2.5
2,400
Recently Sold
2620 Broadway St, Indianapolis, IN 46205
0.08
-
-
-
-
Off Market
515 Sutherland Ave, Indianapolis, IN 46205
0.05
$417,000
4
2
-
For Sale

Price and Tax history

DateEventPrice
Jun 11, 2026
Source: MIBOR as distributed by MLS GRID #22096871
Pending
$499,000
May 28, 2026
Source: MIBOR as distributed by MLS GRID #22096871
PendingToActive
$499,000
Apr 28, 2026
Source: MIBOR as distributed by MLS GRID #22096871
Pending
$499,000
Apr 22, 2026
Source: MIBOR as distributed by MLS GRID #22096871
Listed For Sale
$499,000
May 8, 2025
Source: MIBOR as distributed by MLS GRID #22027060
Sold
$238,050

LGBTQ Local Legal Protections

Christina Eslinger, F.C. Tucker Company
Based on information submitted to the MLS GRID as of 2026-09-13 17:43:01 PDT. 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. Click here for more information

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Frequently asked questions about 550 Sutherland Ave

  • What is the estimated monthly payment for 550 Sutherland Ave?
    Based on a $499,000 list price with 20% down at today's rates, the estimated monthly payment for 550 Sutherland Ave in Indianapolis, IN is approximately $3,176 (about $2,702 principal & interest, $399 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 550 Sutherland Ave compare to homes in Indianapolis?
    550 Sutherland Ave in Indianapolis, IN is listed at $499,000, about 94% above the $257K median sale price in Indianapolis.
  • What do residents say about the Near Northside neighborhood?
    Residents describe the Near Northside neighborhood in Indianapolis, IN as dog-friendly, pedestrian-friendly, and walkable to restaurants. See homes for sale in Near Northside, Indianapolis.
  • What are the closest schools to 550 Sutherland Ave?
    The closest schools to 550 Sutherland Ave in Indianapolis, IN are Arsenal Technical High School (rated 2/10), Carl Wilde School 79 (Pre-K/Elementary, rated 4/10), Clarence Farrington School 61 (Pre-K/Elementary, rated 3/10).
  • Does 550 Sutherland Ave have laundry facilities?
    Yes, 550 Sutherland Ave in Indianapolis, IN has laundry facilities.
  • How big is the lot at 550 Sutherland Ave?
    The lot at 550 Sutherland Ave in Indianapolis, IN is about 0.33 acres (14,375 sq ft).
550 Sutherland Ave, Indianapolis, IN 46205 is a 4 bedroom, 4 bathroom, 3,618 sqft single-family home built in 1955. 550 Sutherland Ave is located in Near Northside, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Apr 22, 2026. The MLS # for this home is MLS# 22096871.