4470 N College Ave, Indianapolis, IN 46205

7 beds6 baths6,142 sqft

For Sale
Zestimate®: $368,454
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My Notes

Unique Opportunity for Unique Buyer w/this Elegant 'Old World Charm' Meridian Kessler home w/Architectural Angles! Home Currently subdivided into 5 Separate Living Spaces/Apts + Carriage House!Indiana Limestone.Very Low Heat & AC Costs!Main Floor Living Space/Unit is Vacant & Perfect for Buyer to Move Into & Get Instant Income from Current Tenants. Minimum Remodeling could Change Configuration of Home into Large Home w/2 Basement Apts (Separate Out Door Entrance) + Carriage House/Sep Apt + Gar

What I love about the home

Variance granted in 1953 for private residence with 4 aparment units - easy to convert back to 8 bedroom - formal dining 3 level guest house or estate house. Thermally very efficient 12" think Indiana stone, with 10" cintered block walls and 4" air space = easy to heat / cool.
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  • Lot: 0.53 acres
  • Single Family
  • Built in 1938
  • 223 days on Zillow
  • Views: 8,736 all time views
  • 27 shoppers saved this home
  • Cooling: Central
  • Heating: Forced air, Other


  • Attic
  • Barbecue
  • Cable Ready
  • Controlled Access
  • Deck
  • Double Pane/Storm Windows
  • Fenced Yard
  • Finished basement, 2200 sqft
  • Fireplace
  • Flooring: Carpet, Tile
  • Lawn
  • Mother-in-Law Apartment
  • Parking: Garage - Detached, Off street, 3 spaces, 600 sqft
  • Patio
  • Porch
  • RV Parking
  • Security System
  • Storage
  • Transportation
  • View: City

Additional Features

  • Building Levels: Two
  • Construction Status: Previously Occupied
  • Lot Information: Sidewalks
  • Inspection Warranties: Not Applicable
  • Building Levels: Basement
  • Tenant Pays: Electric
  • Property Sub Type: 1-4 Units Residential
  • Exterior: Stone
  • Lot Information: Access Street
  • Unit Parking: 2 Car Garage
  • Unit Parking: Parking Lot
  • Lot Information: Fence Partial
  • Unit Parking: 1 Car Garage
  • Building Information: Smoke Alarm
  • Building Utilities: Gas Connected
  • Building Utilities: Municipal Sewer Connected
  • Building Utilities: Municipal Water Connected
  • Building Utilities: Cable Connected
  • Tax Exemption: None
  • Owner Pays: Lawncare
  • Owner Pays: Insurance Liablty
  • Owner Pays: InsHazard

Appliances Included

  • Dishwasher
  • Dryer
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Dining room
  • Family room
  • Laundry room
  • Library
  • Master bath
  • Mud room
  • Office
  • Pantry
  • Recreation room
  • Solarium / Atrium
  • Sun room
  • Workshop


  • Exterior material: Stone
  • Roof type: Other
  • Room count: 24
  • Stories: 0
  • Structure type: Other
  • Unit count: 6


  • Floor size: 6,142 sqft
  • Heating: Gas
  • Last remodel year: 1999
  • Laundry: In Unit
  • Lot depth: 233 ft
  • Lot width: 100 ft
  • Parcel #: 490613144057000801
  • Unit floor #: 2
  • Zillow Home ID: 1248290

Zestimate Details

A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
+$359 Last 30 days
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
+$4 Last 30 days
Zestimate range

Popularity on Zillow

4,849 views since listing
8,736 all-time (chart)
27 shoppers saved
this home to their list of favorites


Neighborhood: 46205

Zillow predicts 46205 home values will increase 1.3% next year, compared to a 2.1% rise for Indianapolis Metro as a whole. Among 46205 homes, this home is 230.3% more expensive than the midpoint (median) home, but is priced 21.3% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 46205, the number of foreclosures waiting to be sold is 139.4% greater than in Indianapolis Metro, and 50.5% higher than the national average. This higher local number may prevent 46205 home values from rising as quickly as other regions in Indianapolis Metro.
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    Nearby Schools in Indianapolis

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    • School Rating




    • 2
      out of 10
      Nicholson Performing Arts Academy at Sc... (assigned)
      0.2 mi
    • 10
      out of 10
      1.3 mi
    • 2
      out of 10
      Broad Ripple Magnet High School for the... (assigned)
      2.0 mi

    Data by GreatSchools.org