Tucked into the hillside above the White River in one of Indianapolis's most unique communities-Rocky Ripple- this thoughtfully reimagined 1930 bungalow offers the kind of setting you don't stumble upon twice: beautiful river views, a canopy of mature trees, and Butler University's walking trails just steps from the front door. Inside, timeless character meets modern design with warm oak hardwood floors, abundant natural light, and architectural details that give the home unmistakable personality-from the vaulted-ceilinged kitchen to the custom built-ins throughout. The beautifully renovated kitchen features custom cabinetry, quartz countertops, new appliances, a tile backsplash, and architectural lighting. Three updated full bathrooms and premium finishes throughout create a home that's as functional as it is inviting. The light-filled primary suite is a peaceful retreat where walls of windows frame serene White River views. The flexible lower level, complete with its own private entrance, polished concrete floors, and a renovated full bath, is ideal as a guest suite, home office, studio, or recreation space. Step outside from the main living area onto the new riverside deck, where you'll have the perfect place to entertain, dine, or simply relax while watching the river drift as the trees rustle overhead. A terraced garden with timber steps leads toward the water's edge, creating a truly unique outdoor setting. Recent updates include a new roof, rebuilt riverside deck, new water heater, CPVC water lines converted to PEX, and conversion from septic to a municipal grinder pump sewer system. Just minutes from Broad Ripple and downtown Indianapolis, this move-in-ready riverfront home is a rare opportunity to own in one of the city's most distinctive communities.
Active
$350,000
5028 Riverview Dr, Indianapolis, IN 46208
2beds
1,806sqft
Residential, Single Family Residence
Built in 1930
4,791 Square Feet Lot
$337,000 Zestimate®
$194/sqft
$-- HOA
What's special
- 2 days |
- 2,949 |
- 260 |
Zillow last checked:
Listing updated:
Listed by:
Caroline Martin 317-691-5965,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22115300
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 2
- Features: Other
- Level: Basement
- Area: 275 Square Feet
- Dimensions: 25X11
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Kitchen
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10x13
Laundry
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8x10
Sitting room
- Level: Upper
- Area: 64 Square Feet
- Dimensions: 8x8
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Disposal, Gas Oven, Refrigerator, Washer, Water Heater, Water Purifier
- Laundry: Main Level
Features
- Breakfast Bar, Built-in Features, High Ceilings, Hardwood Floors, Storage, Supplemental Storage
- Flooring: Hardwood
- Basement: Daylight,Finished,Finished Ceiling,Finished Walls,Walk-Out Access
Interior area
- Total structure area: 1,806
- Total interior livable area: 1,806 sqft
- Finished area below ground: 640
Property
Parking
- Parking features: Carport, Gravel
- Has carport: Yes
Features
- Levels: Three Or More
- Patio & porch: Covered, Deck
- Has view: Yes
- View description: River, Water
- Has water view: Yes
- Water view: River,Water
- Waterfront features: River Front, Water View, Waterfront
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 490610113053000811
- Special conditions: Flood Insurance Required,Flood Plain
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Claypool-Ross
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $196,800
- Annual tax amount: $2,258
- Date on market: 8/13/2026
- Cumulative days on market: 3 days
Estimated market value
$337,000
$320,000 - $354,000
$2,004/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $350,000+100%$194/sqft |
Source:  MIBOR as distributed by MLS GRID #22115300 Report a problem | ||
| 10/17/2018 | Sold | $175,000$97/sqft |
Source: MIBOR as distributed by MLS GRID #21575791 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,425 +4.6% | $196,800 +1.8% |
| 2024 | $2,317 -3.7% | $193,400 |
| 2023 | $2,405 +3.8% | $193,400 +2.5% |
| 2022 | $2,316 +5.3% | $188,600 +6.7% |
| 2021 | $2,201 +6% | $176,800 |
| 2020 | $2,077 +17.1% | $176,800 |
| 2019 | $1,773 -50.9% | $176,800 +10.4% |
| 2018 | $3,607 +38.3% | $160,200 +1.1% |
| 2017 | $2,608 +5.1% | $158,400 +31.2% |
| 2016 | $2,481 +2.1% | $120,700 +3.3% |
| 2014 | $2,432 -13.2% | $116,900 |
| 2013 | $2,802 | $116,900 -13.2% |
| 2012 | $2,802 | $134,700 +28.4% |
| 2011 | -- | $104,900 +18.1% |
| 2010 | $1,823 +5.9% | $88,800 -2.5% |
| 2009 | $1,722 | $91,100 -3.4% |
| 2007 | -- | $94,300 +12.7% |
| 2006 | -- | $83,700 -16.6% |
| 2005 | -- | $100,300 |
| 2004 | -- | $100,300 |
| 2003 | -- | $100,300 +349.8% |
| 2002 | -- | $22,300 +199.7% |
| 2001 | -- | $7,440 |
| 2000 | -- | $7,440 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Rocky Ripple
Nearby schools
GreatSchools rating
- 3/10Fox Hill Elementary SchoolGrades: K-5Distance: 1.5 mi
- 3/10Westlane Middle SchoolGrades: 6-8Distance: 2.9 mi
- 7/10North Central High SchoolGrades: 9-12Distance: 5.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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