5308 Indiana Ave, Nashville, TN 37209
5308 Indiana Ave, Nashville, TN 37209, Active at $824,900 ($328/sq ft). 4 bd · 4 ba · 2,517 sqft · $328/sqft · 0.09 ac.
5308 Indiana Ave, Nashville, TN 37209, Active at $824,900 ($328/sq ft). 4 bd · 4 ba · 2,517 sqft · $328/sqft · 0.09 ac.
Active · $824,900
MLS #3282488 · listed July 9, 2026 · 53 days on market · updated July 16, 2026
4-bed, 4-bath home at 5308 Indiana Ave in The Nations, Nashville, 2,517 sqft, $824,900 ($328/sqft), by Onward Real Estate.
5308 Indiana Ave is a 4-bedroom, 4-bath home in Nashville, TN 37209, offered at $824,900, about $328/sq ft across 2,517 sq ft.
At $328/sq ft, this home is about 4% below The Nations median list price per square foot of $340.
Market read: the The Nations market is balanced, at about 4.5 months of inventory.
All-in, about $5,216/mo at 20% down (6.81% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $909/mo, roughly 17% of the all-in monthly payment.
At the current 6.81% 30-year rate, principal and interest on this home runs about $4,307/mo; at the 6.56% rate of about three months ago it would be roughly $4,197/mo, so monthly P&I is about $110 higher now.
School zone: assigned to Cockrill Elementary, Moses McKissack Middle, Pearl Cohn Magnet High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 5308 Indiana Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 16, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Priced below appraisal value! This beautifully designed 4 bedroom, 4 bathroom home in The Nations offers the perfect blend of style, comfort, and functionality. Featuring two spacious primary suites, the layout is ideal for both everyday living and hosting guests with ease. Inside, you'll find hardwood flooring throughout, a gas stove perfect for cooking enthusiasts, water filtration | Reverse osmosis and a cozy fireplace that creates a warm and inviting atmosphere. The home also includes a 2-car garage, providing ample parking and storage, an added bonus in this highly sought-after area. Located just steps from some of Nashville's best bars, restaurants, and local hotspots, you'll love the walkability and vibrant lifestyle The Nations has to offer. Whether you're entertaining, relaxing at home, or exploring the neighborhood, this home truly checks all the boxes. Buyer/Buyers agent to verify all pertinent information.
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 5308 Indiana Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $824,900 | — |
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 5308 Indiana Ave at $824,900: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $824,900 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 5308 Indiana Ave is about $5,216/mo, 20% down on a 30-year fixed at 6.81% (a conforming loan), including principal & interest $4,307, estimated property tax $484, homeowners insurance $425. Estimate only; not a loan offer.
| Principal & interest | $4,307/mo |
|---|---|
| Property tax (est.) | $484/mo |
| Homeowners insurance (est.) | $425/mo |
| Estimated total | $5,216/mo |
Assumes 20% down, 30-year fixed at 6.81% (Mortgage News Daily, as of August 28, 2026). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 5.81% | $3,876/mo | $4,785/mo | -$431/mo |
| 6.31% | $4,089/mo | $4,998/mo | -$218/mo |
| 6.81% | $4,307/mo | $5,216/mo | current |
| 7.31% | $4,529/mo | $5,438/mo | +$222/mo |
| 7.81% | $4,755/mo | $5,664/mo | +$448/mo |
Principal & interest on a 30-year fixed at 20% down ($659,920 loan), with property tax, insurance held constant at $909/mo. Current 30-year fixed 6.81% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.
Owning 5308 Indiana Ave runs about $5,216/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| Metric | This home | The Nations active | Recently sold |
|---|---|---|---|
| Price / sq ft | $328 | $340 median | - |
| Price position | 33rd pctile | -4% vs median | - |
This listing beside the active The Nations market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.
Among the 26 active homes in The Nations, this home at $328/sq ft falls in the 33rd percentile on price per square foot.
Computed by Grant Hammond from 26 The Nations comparables (RealTracs via IDX), as of August 30, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (RealTracs via IDX).
| Active listings | 21 in The Nations |
|---|---|
| Recent absorption | about 4.7 sales / mo |
| Months of inventory | 4.5 months, a balanced market |
Supply-side and recent-sale context for The Nations. Sale figures are trailing 6/12/24-month medians of recorded The Nations closings. Source RealTracs via IDX, as of August 30, 2026.
5308 Indiana Ave sits in The Nations, Nashville, Davidson County.
In The Nations, homes there are priced around $340 per square foot; inventory is running at about 4.5 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.
Approximately 4.0 miles from downtown Nashville (straight-line distance).
5308 Indiana Ave is zoned for Cockrill Elementary, Moses McKissack Middle, Pearl Cohn Magnet High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 5308 Indiana Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 5308 Indiana Ave, by price and size.
Listed with Onward Real Estate. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Nashville housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.
The 2023 Nashville real estate market saw rising inventory, rate-driven buyer pullback, and price stabilization across Davidson and Williamson Counties.
Nashville area luxury home sales analysis covering transaction volume, median prices, and absorption rates for properties above $1 million across Davidson and Williamson Counties.
Nashville real estate data and housing market analysis for October 2010. Track Nashville home prices, closings and inventory trends relative to the entire Nashville real estate market.
As of the latest update (July 16, 2026), 5308 Indiana Ave, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
5308 Indiana Ave, Nashville is listed at $824,900, about $328 per square foot across 2,517 square feet.
4 bedrooms and 4 bathrooms.
About $328 per square foot ($824,900 across 2,517 sqft).
5308 Indiana Ave, Nashville was built in 2016.
Yes, 2 garage spaces, per the listing.
No HOA dues are reported for this home.
5308 Indiana Ave, Nashville is in The Nations subdivision of Nashville.
About $5,216 a month with 20% down on a 30-year fixed at 6.81%, principal and interest $4,307, estimated property tax $484, insurance $425. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
5308 Indiana Ave, Nashville is zoned for Cockrill Elementary, Moses McKissack Middle, Pearl Cohn Magnet High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 5308 Indiana Ave, Nashville is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $328 per square foot, 5308 Indiana Ave, Nashville ranks in the 33rd percentile of active The Nations listings by price per square foot, roughly 4% below The Nations median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The The Nations market is currently balanced, at about 4.5 months of inventory, per RealTracs as of 2026-08-30.
Thinking of selling in The Nations?
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