5534 Hill Rise Dr

Indianapolis, IN 46237

$223,000
Price
4
Beds
2,713 Sq. Ft.
$82 / Sq. Ft.
2,713
Sq. Ft.
$82
per Sq. Ft.
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Description

Spacious two-story home featuring 4 bedrooms, 2 bathrooms, and a 2-car garage with a functional layout and plenty of room to spread out. The main living areas offer great space for both everyday living and entertaining, while the kitchen provides ample cabinet and counter space and opens to the dining and living areas. The primary suite includes an en-suite bathroom and generous closet space. Additional bedrooms offer flexibility for guests, home office, or hobbies. Full basement provides additional...Spacious two-story home featuring 4 bedrooms, 2 bathrooms, and a 2-car garage with a functional layout and plenty of room to spread out. The main living areas offer great space for both everyday living and entertaining, while the kitchen provides ample cabinet and counter space and opens to the dining and living areas. The primary suite includes an en-suite bathroom and generous closet space. Additional bedrooms offer flexibility for guests, home office, or hobbies. Full basement provides additional storage or potential for future finishing. Large backyard offers space to relax or entertain. Great opportunity with tons of potential! One or more photos has been virtually staged.
  1. Listed by Teresa Homan • Mainstay Brokerage LLC
    P: (800)-583-2914 C: (678)-916-9358 teresa.homan@mainstay.io

Property Details for 5534 Hill Rise Drive

Architectural Style
Traditional
Subdivision Name
Farhill Downs
Township
Franklin
LISTING UPDATED: 04/21/2026 06:44 PM

Property Details for 5534 Hill Rise Drive

StatusActive
MLS #22090968
Days on Market52
Taxes$2,268 semi-annually
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1976
Lot Size0.25 AC / 10,890 SF
CountyMarion County
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Location

Listing Courtesy of Mainstay Brokerage LLC
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Building Information for 5534 Hill Rise Drive

Stories-Year Built1976Building Size-Lot Size0.25 AC / 10,890 SF

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$1,489 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,111

Property Taxes

$378

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5534 Hill Rise Drive

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46237
  • Postal Code Plus4: 2147
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491034114046000300
  • Semi Annual Property Tax Amt: 2268
  • Tax Year: 2024
  • TaxLot: 317
School Information
  • Elementary School: Arlington Elementary School
  • High School: Franklin Central High School
  • Middle Or Junior School: Franklin Central Junior High
  • School District: Franklin Township Com Sch Corp
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 440
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Lot Size Square Feet: 10990.0
  • Lot Size Acres: 0.25
  • Main Level SqFt: 915
  • New Construction: False
  • Living SqFt: 979.0
  • Sqft Total: 1894.0
  • Sq Ft Total: 2713.0
  • Year Built Numeric: 1976
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Farhill Downs Sec 6 L 317
  • Photos Count: 43
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
  • Water Source: Other
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Vinyl With Brick
  • Foundation Details: Concrete Perimeter
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Heating: Forced Air
  • Interior Features: Entrance Foyer
  • Levels: Two
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4
  • Room and Features: Living Room-Main, Dining Room-Main, Kitchen-Main, Family Room-Main, Primary Bedroom-Upper, Bedroom 2-Upper, Bedroom 3-Upper, Bedroom 4-Upper
  • Main Level Bedrooms: 0
  • Num Bedrooms Upper: 4
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 3
  • Rooms Total MU: 3
  • Total Rooms: 3
Room 1
  • Room Level: Main
  • Room Dimensions: 16X11
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 9X11
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 12zx11
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 24X11
  • Room Type: Family Room
Room 5
  • Room Level: Upper
  • Room Dimensions: 10X20
  • Room Type: Primary Bedroom
Room 6
  • Room Level: Upper
  • Room Dimensions: 16X9
  • Room Type: Bedroom 2
Room 7
  • Room Level: Upper
  • Room Dimensions: 9X11
  • Room Type: Bedroom 3
Room 8
  • Room Level: Upper
  • Room Dimensions: 13X11
  • Room Type: Bedroom 4
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 4
  • Bedrooms MU: 4
  • Bedrooms Total: 4

Property History for 5534 Hill Rise Drive

DateEvent & SourcePriceAppreciation
Mar 26, 2026

Price Change

MIBORMLS #22090968

$223,000—
Mar 26, 2026

Listed (Active)

MIBORMLS #22090968

$2,230,000—
Jan 8, 2014

Sold

MIBORMLS #21256579

$75,400—
DateEvent & SourcePrice
03/26/2026

Price Change

MIBORMLS #22090968

$223,000
03/26/2026

Listed (Active)

MIBORMLS #22090968

$2,230,000
01/08/2014

Sold

MIBORMLS #21256579

$75,400

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5534 Hill Rise Drive

Taxable ValueLand$25,800Additions$201,000Total$226,800
Tax Record2024$4,536 ($378 / month)
Home Facts
Beds4Total Finished SqFt1,890 SqFtAbove Grade Finished SqFt1,890 SqFtStories2Lot Size10,990 SqFtStyleSingle Family ResidenceYear Built1976CountyMARIONAPN49-10-34-114-046.000-300Fireplace TypeMasonry

Schools near 5534 Hill Rise Drive

This home is within Franklin Township Com Sch Corp.
Rating
School
Type
Grades
Distance
Arlington Elementary School
Public - K to 3
Franklin Central Junior High
Public - 7 to 8
Franklin Central High School
Public - 9 to 12
Thompson Crossing Elementary School
Public - K to 3
Rating
School
Distance
Arlington Elementary School
PublicK to 3

Franklin Central Junior High
Public7 to 8

Franklin Central High School
Public9 to 12

Thompson Crossing Elementary School
PublicK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5534 Hill Rise Drive, Indianapolis, IN 46237

5534 Hill Rise Drive is a single family home for sale in Indianapolis, IN 46237. This property was listed for sale on March 26, 2026 by Mainstay Brokerage LLC, it's currently listed at $223,000. It has been on the market for a total of 52 days and was last sold on January 8, 2014. This listing's school district is Franklin Township Com Sch Corp. Nearby schools include Arlington Elementary School, Franklin Central Junior High and Franklin Central High School. 5534 Hill Rise Drive is a 4-bed, 1-bath, 2,713 sqft single family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mainstay Brokerage LLC

Based on information submitted to the MLS GRID as of 04/21/2026 06:44 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.