7331 E 54th St
Indianapolis, IN 46226
- Studio
- 1,344 sqft
Studio
1,344 sqft
Home Value
Trulia Estimate
$212KSince last month
$100 (0%)Since last year
Increased$9K (+4.2%)Since last sale
Increased$158K (+295.7%)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 +246% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $212K |
| 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 |
|---|---|---|---|---|---|---|---|
0.10 | Multi-Family Home | $195,000 | 08/12/26 | 3 | 1 | - | |
1.12 | Multi-Family Home | $170,000 | 11/18/25 | 4 | 2 | - | |
1.10 | Multi-Family Home | $327,500 | 03/03/26 | 4 | 2 | - | |
1.27 | Multi-Family Home | $140,900 | 10/29/25 | 8 | 4 | 3,696 | |
2.22 | Multi-Family Home | $110,000 | 10/21/25 | 3 | 1 | 804 | |
1.31 | Multi-Family Home | $443,000 | 04/13/26 | 8 | 4 | - | |
1.33 | Multi-Family Home | $466,960 | 01/23/26 | 8 | 4 | - | |
1.49 | Multi-Family Home | $375,000 | 06/29/26 | 2 | 1 | - | |
1.63 | Multi-Family Home | $270,000 | 01/06/26 | 4 | 4 | - | |
2.69 | Multi-Family Home | $64,000 | 11/03/25 | 2 | - | 792 |
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 |
|---|---|---|---|---|---|---|
0.02 | $151,200 | 2 | 1 | 672 | Off Market | |
0.03 | $145,400 | 2 | 1 | 672 | Off Market | |
0.04 | $228,000 | 6 | 2 | - | Off Market | |
0.06 | $160,800 | 2 | 1 | 828 | Off Market | |
0.07 | $231,500 | 3 | 1.5 | 1,390 | Off Market | |
0.05 | $230,000 | 2 | 1 | - | For Sale | |
0.10 | $225,000 | 3 | 1.5 | 1,394 | Recently Sold | |
0.09 | $155,000 | 2 | 1 | 864 | Recently Sold | |
0.12 | $268,700 | 3 | 2 | 2,080 | Off Market | |
0.13 | $284,500 | 3 | 2 | 1,856 | Recently Sold | |
0.10 | $195,000 | 3 | 1 | - | Recently Sold | |
0.12 | $243,500 | 3 | 1 | 920 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1953
Living Area
1,344 sqft
Price/Sqft
$157
Parking
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. It is currently off market. The Trulia Estimate is $211,500, with a rent estimate of $1,172/month.
Home Details for 7331 E 54th St
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Heating & Cooling Heating: OtherHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: OtherExterior: Stone, Wood |
Parking & Garage GarageParking: Garage Detached |
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Year Built Year Built: 1953Year Updated: 1953 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 2 |
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Lot Area: 8799 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,132 | $175,200 |
Home facts updated by county records
Market trends in Lawrence
Last updated July 2026
Avg. sale price
$269K
$1.15KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$143
$6MoM
Available listings
142
10MoM
Around this home
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.
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Apartments for Rent
Homes for sale near 7331 E 54th St
Off Market Homes Near 7331 E 54th St
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 $211,500.
- 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 $269K. That is up $1.15K from the prior month.