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5625 Gateway Dr, Indianapolis, IN 46254

$165,000

Charming home with black shutters, white siding, and a well-maintained lawn and front door at 5625 Gateway Dr, Indianapolis, IN 46254

  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    1960

  • Year Built

    1962

  • Days on Market

    2

  • $/SqFt

    $84

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19 Photos

  • Charming home with black shutters, white siding, and a well-maintained lawn and front door at 5625 Gateway Dr, Indianapolis, IN 46254
  • Large backyard featuring a mature trees and an expansive grassy area, offering outdoor space at 5625 Gateway Dr, Indianapolis, IN 46254
  • Backyard view showcasing the deck, detached garage, and outdoor space perfect for relaxation at 5625 Gateway Dr, Indianapolis, IN 46254
  • Detached garage with white siding and a black accent trim; ideal for secure parking and storage at 5625 Gateway Dr, Indianapolis, IN 46254
  • View of garage wall displaying window and white-painted brick foundation and metal siding at 5625 Gateway Dr, Indianapolis, IN 46254
  • Interior view featuring staircase in unfinished home, showing potential and character at 5625 Gateway Dr, Indianapolis, IN 46254
  • Interior view showcasing exposed framing, highlighting potential and layout of the unfinished space at 5625 Gateway Dr, Indianapolis, IN 46254
  • Interior view of an unfinished home and exposed framing, ready for customization and remodeling at 5625 Gateway Dr, Indianapolis, IN 46254
  • Basement awaiting personalization, highlighting potential and design possibilities at 5625 Gateway Dr, Indianapolis, IN 46254
  • View of an unfinished space with exposed framing, perfect for custom design and remodeling at 5625 Gateway Dr, Indianapolis, IN 46254
  • A partially renovated living room features a new window and doorway providing ample natural light at 5625 Gateway Dr, Indianapolis, IN 46254
  • A partially renovated living room shows exposed beams and a doorway providing ample natural light at 5625 Gateway Dr, Indianapolis, IN 46254
  • A partially renovated living room shows exposed beams and wood framing for dividing walls at 5625 Gateway Dr, Indianapolis, IN 46254
  • A partially renovated living room shows exposed beams and wood framing for dividing walls at 5625 Gateway Dr, Indianapolis, IN 46254
  • Finished basement area with sealed walls, concrete floor, and glass block window at 5625 Gateway Dr, Indianapolis, IN 46254
  • Unfinished basement area with furnace, water heater, and exposed pipes at 5625 Gateway Dr, Indianapolis, IN 46254
  • Unfinished basement area with sealed walls, concrete floor, and exposed pipes at 5625 Gateway Dr, Indianapolis, IN 46254
  • Electrical panel with breakers and fuse box on a white plaster wall in need of repair at 5625 Gateway Dr, Indianapolis, IN 46254
  • HVAC system and water heater in an unfinished basement with exposed beams and framing at 5625 Gateway Dr, Indianapolis, IN 46254
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Home Description

Property sold as-is, in need of complete rehab. No repairs will be made and utilities will not be activated. Cash or cash equivalent only, financing with any contingencies will not be considered. Proof of funds or immediately available, non contingent financing to be supplied with all offers. Offers will be presented as they are received.

  • Property Type: Single Family
  • Style: Multi-Level,TraditonalAmerican
  • Basement: Unfinished
  • Garage Spaces: 2
  • Acres: <1/4 Acre
  • Siding: Aluminum Siding

Available now at $165,000

Approximate Room Sizes / Descriptions

Kitchen8x11Main
Primary Bedroom12x11Main
Bedroom 28x13Main
Bedroom 38x11Main
  • Interior Description: Attic Access
  • Full Baths: 2
  • Num Fireplaces: 0
  • Appliances: None
  • Eating Area: Dining Combo/Kitchen
  • Heating: Forced Air,Natural Gas
  • : broker@Everystate.com

Neighborhood

The average asking price of a 3 bedroom Indianapolis home in this zip code is $279,543 (69.4% more than this home).

This home is priced at $84/sqft, which is 91.3% less than similar homes in the 46254 zip code.

Potential Great Value

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School Information

  • School District:Indianapolis Public Schools

Financial

  • Approx Payment:$820*
  • Semi Annual Taxes:$2,211

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 809-6871 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Broad Ripple
$473,292
$382,500
24
0.0%
33.3%
41

Butler Tarkington
$336,194
$329,450
18
0.0%
50.0%
143

Downtown Indianapolis
$344,950
$239,950
26
0.0%
65.4%
316

Fountain Square
$369,785
$347,450
42
0.0%
57.1%
66

Irvington
$263,992
$212,000
93
0.0%
48.4%
76

Meridian Kessler
$567,462
$477,400
48
0.0%
47.9%
46

Listing Courtesy of EveryState, Inc.. For information or to schedule a viewing of this property (MLS# 22010722), call: 317-809-6871

5625 Gateway Dr, Indianapolis IN is a single family home of 1960 sqft and is currently priced at $165,000 . This single family home has 3 bedrooms. A comparable home for sale at 6047 W 56Th St in Indianapolis is listed at $285,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Lafayette Villas, Villas Of Oakbrook and Whitehall Commons are nearby neighborhoods. MLS 22010722 has been posted on this site since 6/25/2025 (today).

2025

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