7331 E 54th St, Indianapolis, IN 46226
OFF MARKET

$205,200

Trulia Estimate
  • Studio
  • 1,344 sqft

7331 E 54th St, Indianapolis, IN 46226

Est. Refi. Payment $1,336/mo*
Refinance Your Home
Currently Off Market - Sold Jun 2, 2015 for $53,500

Home Value

Trulia Estimate
$205K
Since last month
Decreased$12K (-5.6%)
Since last year
Decreased$7K (-3.6%)
Since last sale
Increased$140K (+262.4%)
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 +255% in the last 10 years
MonthEstimated value
2026
November 2026$194K
October 2026$206K
September 2026$206K
August 2026$209K
July 2026$215K
June 2026$212K
May 2026$212K
April 2026$204K
March 2026$200K
February 2026$197K
January 2026$198K
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
5356 N Kercheval Dr, Indianapolis, IN
0.08
Multi-Family Home
$170,000
08/17/26
4
2
-
7325 E 53rd St, Indianapolis, IN
0.10
Multi-Family Home
$195,000
08/12/26
3
1
-
7150 E 43rd St, Indianapolis, IN
1.12
Multi-Family Home
$170,000
11/18/25
4
2
-
5115 Banbury Rd, Indianapolis, IN
1.10
Multi-Family Home
$327,500
03/03/26
4
2
-
6028 Dickson Rd, Indianapolis, IN
1.31
Multi-Family Home
$443,000
04/13/26
8
4
-
6016 Dickson Rd, Indianapolis, IN
1.33
Multi-Family Home
$466,960
01/23/26
8
4
-
5935 Devington Rd, Indianapolis, IN
1.49
Multi-Family Home
$375,000
06/29/26
2
1
-
8820 E 45th St, Indianapolis, IN
1.63
Multi-Family Home
$270,000
01/06/26
4
4
-
3918 N Grand Ave, Indianapolis, IN
2.75
Multi-Family Home
$51,000
06/26/26
2
1
-
4920 E 34th St, Indianapolis, IN
3.35
Multi-Family Home
$100,000
08/14/26
2
2
-

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
7325 E 54th St, Indianapolis, IN 46226
0.00
$151,600
2
1
700
Off Market
7335 E 54th St, Indianapolis, IN 46226
0.01
$135,000
2
1
700
Off Market
7321 E 54th St, Indianapolis, IN 46226
0.01
$117,600
2
1
677
Off Market
7341 E 54th St, Indianapolis, IN 46226
0.01
$178,200
2
1
750
Off Market
7341 E 54th St #7341, Indianapolis, IN 46226
0.02
-
2
1
675
Off Market
7328 Westchester Dr, Indianapolis, IN 46226
0.02
$163,500
3
1
864
Off Market
7334 Westchester Dr, Indianapolis, IN 46226
0.02
$151,700
2
1
672
Off Market
7315 E 54th St, Lawrence, IN 46226
0.02
$155,200
3
1
864
Off Market
7322 Westchester Dr, Indianapolis, IN 46226
0.03
$141,700
2
1
672
Off Market
7309 E 54th St, Indianapolis, IN 46226
0.03
$192,700
3
1
864
Off Market
7345 E 54th St, Indianapolis, IN 46226
0.03
$181,500
Studio
-
1,284
Off Market
7338 Westchester Dr, Indianapolis, IN 46226
0.03
$178,200
Studio
-
864
Off Market
7326 E 54th St, Indianapolis, IN 46226
0.03
$138,100
2
1
672
Off Market
7332 E 54th St, Indianapolis, IN 46226
0.03
$158,200
Studio
-
864
Off Market
7320 E 54th St, Indianapolis, IN 46226
0.03
-
3
1
864
Off Market
7314 E 54th St, Indianapolis, IN 46226
0.04
$192,700
Studio
-
864
Off Market
7310 Westchester Dr, Indianapolis, IN 46226
0.04
$189,600
Studio
-
864
Off Market
7336 E 54th St, Indianapolis, IN 46226
0.04
-
2
1
672
Off Market
7342 E 54th St #7342, Indianapolis, IN 46226
0.04
-
2
1
672
Off Market
7342 E 54th St, Indianapolis, IN 46226
0.04
-
2
1
700
Off Market

Local Information

  • Map ViewExplore the area around 7331 E 54th St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1953
1,344 sqft
$153/sqft
Garage

About this House

Great Location...Close to interstate, schools, and shopping! Great investment... Steady Rental History...Buy and Keep as an investment or live in one side while the other side pays your mortgage.
7331 E 54th St, Indianapolis, IN 46226 is a studio, 1,344 sqft multi-family built in 1953. It last sold for $53,500 on Jun 2, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $205,200, with a rent estimate of $1,225/month.

Home Details for 7331 E 54th St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: OtherExterior: Stone, Wood
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1953Year Updated: 1953
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 8799 sqft

Price and Tax history

DateEventPrice
Jun 2, 2015
Source: N/A
Sold
$53,500
Mar 23, 2013
Source: Agent Provided
ListingRemoved
$79,900
Sep 12, 2012
Source: Agent Provided
Listed For Sale
$79,900

Market trends in Lawrence

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$274K
$417MoM
Sale-to-List Price
99.9%
0.1%MoM
Price per sq ft
$150
$1MoM
Available listings
128
Sourced by Trulia Market Trends

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.

What Locals Say about Lawrence

At least 352 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 86 % Say it's dog friendly

  • 86 % Say yards are well-kept

  • 83 % Say parking is easy

  • 78 % Say there are sidewalks

  • 73 % Say kids play outside

  • 71 % Say there's holiday spirit

  • 63 % Say it's quiet

  • 53 % Say people would walk alone at night

  • 50 % Say neighbors are friendly

  • 50 % Say streets are well-lit

  • 47 % Say there's wildlife

  • 47 % Say they plan to stay for at least 5 years

  • 30 % Say it's walkable to restaurants

  • 28 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jakki Brooks
    "Easy to live here. Can afford surrounded . Need to be close to the family . Security is well worth it"
    1
    Flag
  • Nicunurse2004
    "Dogs are always welcome. Owners are expected to pick up after their dogs. Some do not owners are very corrective about this."
    0
    Flag
  • Real Raw
    "Certain parts of Lawrence are okay but the people makes it horrible, they’re dirty, have no respect for the neighbors better yet themselves that’s why it’s so cheap bc the people makes it not so nice to live here "
    0
    Flag
  • Trulia User
    "You need a vehicle to commute to most anywhere. There is a bus stop on 46th street. The bus system in Indianapolis is inefficient. It takes an excessive amount of time to travel anywhere except downtown. The bus stop in not covered"
    0
    Flag
  • Linda A.
    "Keeping there dog attended and not wondering around the. neighborhood. It’s a lot of residents that have dogs especially Pitbull so you have to be careful what street you talk a way on."
    0
    Flag
  • Alissa R.
    "it's difficult if you dont have a car. but a lot of places are within walking distance. sometimes you can get a lyft for cheap and quickly. "
    0
    Flag
  • Claire R.
    "I live and went to high school here. Everyone in Kensington Farms takes pride of ownership in their homes, lawns, and neighborhood. The fire department is excellent and so are the EMT's who go to calls with them. "
    0
    Flag
  • Amy P.
    "Near great schools and safe friendly neighborhood. Many children for our children to play with. Xxxx"
    0
    Flag
  • Queelaladerson
    "My neighborhood is great. The neighbor are friendly. Lots of families with kids and pets. Very quiet"
    0
    Flag
  • Nicunurse2004
    "There are great families in our neighborhood and several ponds surrounded by homes! Lots of sports for youth and great schools. Peaceful area!"
    0
    Flag
  • Gary
    "lived in this area for many years very convenient with many places to shop grocery stores, restaurants, auto repair etc."
    0
    Flag
  • Makaila B.
    "it's getting worse everyday. it used to just be indy, but it spreads closer and closer. schools arent awful, but they sure arent great"
    0
    Flag
  • Nicunurse2004
    "We have lived here for over 20 years and find it very peaceful and secure and good home values! Many of our neighbors have lived here as long as we have love you can count on them if you’re in a pinch!"
    0
    Flag
  • Ericka H.
    "I like Lawrence Township it’s a great place to raise your family and make friends stores are close by Mozzo convenient for most essential needs great place for children to play outside with friends "
    0
    Flag
  • Ericka H.
    "I like Lawrence it’s a wonderful area to raise your children I want to please I really involved and try really hard to keep the neighbor hood safe I wish they would update the homes but over all great"
    0
    Flag
  • Jada C.
    "The 4th of July parade is really nice but the candy hurts when they throw it sometimes. Other than that they don’t do much in Lawrence that’s “special”."
    0
    Flag
  • Denise D.
    "I have lived in Lawrence the past 15 years. I like the community, lots of grocery stores to choose from and restaurants! Most people are friendly and I enjoy living in Lawrence!"
    0
    Flag
  • Lynn D.
    "Plenty of well maintained sidewalks for walking. Area is safe. Very pet friendly. People do pick up after their dogs. "
    0
    Flag
  • Jamie S.
    "Nice parks. People say hi to each other. It is nice. Seems to be an up and coming area. Room for more growth. "
    0
    Flag
  • Natasha G.
    "The neighborhood is good if it’s not near post road around 42nd street. I would say German church road around 46th street and stay north is the better areas to reside. "
    0
    Flag
  • Kendra H.
    "I lived in this neighborhood for 6 years and I love it, the school system is good, and the resident’s look out for each other"
    0
    Flag
  • Tyandtracy4.14.14
    "I drive everywhere I go as bus service isn’t convenient in my area. Busses are available in other areas but not those further away from the city."
    0
    Flag
  • Linda A.
    "The Catholic Church by my home present summer fair yearly for the community. The community does not offer a lot of event. "
    0
    Flag
  • Carla Y.
    "We have a Jazz in the park we have farmers market and then we have the Fort Harrison Nature parkWe have a lot of dog parks we have a lot of friendly people it’s just like a big family"
    0
    Flag
  • Fanchon B.
    "Please keep children out of street, and in yards or sidewalks. So many fast drivers throughout neighborhood. Seen a young girl get hit on bike and driver kept going. "
    0
    Flag
  • Yep
    "not a great neighborhood to raise kids. it's quite sad because I have grown up here but Lawrence has gone completely and entirely downhill"
    0
    Flag
  • Lady U.
    "I've lived in this neighborhood for 2 years and went to LNHS for high school. The neighborhood is beautiful, homes were built to last and of quality. Neighbors take pride on their homes and landscaping which make it pleasant to come home to and be proud to live here."
    0
    Flag
  • Mrs. D
    "the commute is great. local store in 5-10 min range. High traffic in the morning, but not congested. slower traffic in the evening. "
    0
    Flag
  • Dee N.
    "Great neighborhood, somewhat diverse. Like a area and would recommend for families. property value to high in some neighborhoods. Ask for too much with no updated features in home. "
    0
    Flag
  • Cdice
    "nice neighborhood, everyone on my street communicates, looks out for eachother and keep up with the yards well. we feel comfortable and safe"
    0
    Flag
  • SR
    "The teens ask their neighbors for permission before having an event to make sure they aren’t bothered. "
    0
    Flag
  • Candace P.
    "I’ve been living in area for 2 years it’s quiet half the time. My neighbors are pleasant, take pride in maintaining their yards. The apartments in area well 2 are under new management the Residence Apartments are nice. The Lenox still under renovations no comment."
    0
    Flag
  • Kassybride95
    "Everyone keeps to themselves. Railroad is just down the block and two close gas stations down the road. Semi-safe area but would not suggest going out after dark."
    0
    Flag
  • Mia T.
    "I’m not a dog owner however it seems like our community is dog friendly and we have plenty of parks and trails for one to walk their dog. "
    0
    Flag
  • Candace P.
    "My apartment community is smaller than any other place I’ve lived in. Neighbors are pleasant and the area is in my opinion a prime area. Minute away from Castleton Square and wide variety of stores and restaurants. "
    0
    Flag
  • Toni L. A.
    "good neighborhood for children to grow up. quiet and friendly neighbors easily accessible to restaurants and stores"
    0
    Flag
  • Maria M.
    "dogs on leashes only. not too many stray pets. most yards are fenced. families walking dogs is very common. "
    0
    Flag
  • Monique B.
    "It’s a spacious environment where dogs have room to run free and use the bathroom when they need to. Everyone with dogs here are also pretty friendly to other dog owners "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7331 E 54th St

  • What is 7331 E 54th St estimated to be worth?
    Trulia's estimated value for 7331 E 54th St in Indianapolis, IN is $205,200.
  • What is the price history for 7331 E 54th St?
    7331 E 54th St in Indianapolis, IN last sold for $53,500 in June 2015.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $274K. That is up $417 from the prior month.

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Off Market Homes Near 7331 E 54th St

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