Be in a neighborhood with some million-dollar homes for the buy-in price of $450,000. The home will need some extensive remodeling, and likely all of the major components will need addressed, but the potential is instantly obvious. Located on a .97 acre lot, just the yard space, alone, is impressive. Five bedrooms upstairs as well as three full baths on that level. Two staircases, with the grand staircase and a secondary staircase. Two large attics with tremendous storage space; one above the garage and then the main one that is big enough to house a ballroom. On the main level you enter into a marble-tiled entry with the sweeping grand staircase. To your right is a huge sunken living room with a majestic fireplace just waiting to be restored. To the left, a large formal dining room. Straight ahead, is a fantastic family room with it's own fireplace, and then a sitting area on the opposite side of the family room and fireplace. A hallway takes you to the kitchen, breakfast room, and laundry room, as well as to the secondary staircase to the upper level, and the staircase to the huge basement. The basement isn't quite a full one, as there is a crawl space under what would be the sunken living room, but it's still large enough to be a roller-skating rink. The large finished three-car garage is a great space as well, with additional storage options. Tons of square footage and tons of potential just waiting for the right person to make it shine like new.
Active
$450,000
8851 Alderly Ct, Indianapolis, IN 46260
5beds
7,057sqft
Est.:
Residential, Single Family Residence
Built in 1974
0.97 Acres Lot
$717,100 Zestimate®
$64/sqft
$42/mo HOA
What's special
Majestic fireplaceLarge formal dining roomFive bedrooms upstairsBreakfast roomTwo staircasesGrand staircaseMarble-tiled entry
- 22 hours |
- 1,325 |
- 118 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 12:15pm
Listing Provided by:
James Anthony 317-488-1673,
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22076126
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 272 Square Feet
- Dimensions: 17x16
Bedroom 2
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 3
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 4
- Level: Upper
- Area: 255 Square Feet
- Dimensions: 17x15
Bedroom 5
- Level: Upper
- Area: 304 Square Feet
- Dimensions: 19x16
Breakfast room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Dining room
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Family room
- Level: Main
- Area: 368 Square Feet
- Dimensions: 23x16
Kitchen
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Laundry
- Level: Main
- Area: 190 Square Feet
- Dimensions: 10x19
Living room
- Level: Main
- Area: 476 Square Feet
- Dimensions: 28x17
Sitting room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Dryer, Disposal, Exhaust Fan, Oven, Double Oven, Refrigerator, Washer
- Laundry: Laundry Room, Main Level
Features
- Attic Pull Down Stairs, Built-in Features, Kitchen Island, Hardwood Floors, Eat-in Kitchen, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: Daylight,Partial
- Attic: Pull Down Stairs
- Number of fireplaces: 3
- Fireplace features: Bedroom, Family Room, Gas Log, Living Room
Interior area
- Total structure area: 7,057
- Total interior livable area: 7,057 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Parking Other(Finished Garage, Garage Door Opener)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.97 Acres
Details
- Parcel number: 490315104009000800
- Special conditions: Defects/See Remarks,Estate
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Block
Condition
- Fixer
- New construction: No
- Year built: 1974
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Security System Owned
- Subdivision: Pickwick Commons
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $64/sqft
- Tax assessed value: $712,600
- Annual tax amount: $10,022
- Date on market: 12/10/2025
- Cumulative days on market: 2 days
Estimated market value
$717,100
$617,000 - $825,000
$3,734/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Listed for sale | $450,000$64/sqft |
Source:  MIBOR as distributed by MLS GRID #22076126 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,547 +6.1% | $712,600 -6.8% |
| 2023 | $9,937 +42.4% | $764,200 +8.5% |
| 2022 | $6,977 +9% | $704,200 +38.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,683/mo
Principal & interest
$2153
Property taxes
$330
Other costs
$200
Climate risks
Neighborhood: St Vincent-Greenbriar
Nearby schools
GreatSchools rating
- 5/10Spring Mill Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Northview Middle SchoolGrades: 6-8Distance: 2.5 mi
- 7/10North Central High SchoolGrades: 9-12Distance: 2.7 mi
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