546 W Indian School, Banning, California 92220, Banning, 92220 - 4 bed, 2 bath
546 W Indian School
Banning, California 92220
Property Price
SUMMARY
Analysis of 546 W Indian School, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $499,900 aligned with the estimated $505,837 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Banning Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 546 W Indian School Subject | $499,900* List Price | 4 | 2 | 1,512 | $335 | - |
A 432 Pendleton Sold | $520,000 | 2 | 2 | 1,512 | $344 | 0.1 mi |
B 740 Bennett Sold | $440,000 | 3 | 2 | 1,455 | $302 | 0.5 mi |
C 1276 N Alessandro Sold | $450,000 | 3 | 2 | 1,486 | $303 | 0.5 mi |
D 911 W George Street Sold | $435,000 | 3 | 2 | 1,101 | $395 | 0.6 mi |
E 672 N 17th Sold | $449,000 | 3 | 2 | 1,293 | $347 | 0.9 mi |
F 1036 W Gilman Street Sold | $475,000 | 3 | 2 | 1,451 | $327 | 0.4 mi |
G 711 N 16th Active Under Contract | $399,900 List Price | 3 | 2 | 1,495 | $267 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1960, the property has undergone a comprehensive and high-quality renovation within the last year. It features a new roof, a fully remodeled HVAC system, and new windows. The interior is completely updated with modern finishes, including a new kitchen with stainless steel appliances and quartz countertops, fully remodeled bathrooms, new vinyl plank flooring, and updated electrical fixtures, meeting the criteria for an extensively renovated turnkey home.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1512.
- Comprehensive Turnkey Upgrades
The property has undergone extensive renovations including a new roof, HVAC system, windows, and fully remodeled kitchen and bathrooms, ensuring modern comfort and reduced immediate maintenance costs.
- Exceptional Financial Value
With no HOA fees, no Mello Roos, and a low tax rate, this home offers significantly lower monthly carrying costs compared to many other properties in the Inland Empire.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-06-30. The sold price is $360,000.00. The property was recently sold within the past year on 2025-06-27. The sold price is $345,000.00.
- 1960s Structural Limitations
Despite the modern interior finishes, the 1960 build date may mean the home lacks some of the architectural efficiencies and room proportions found in more contemporary residential designs.
- Market Pricing Adjustments
A recent price reduction from the original list price and a significant markup from its previous sale price suggest the property is navigating a sensitive price point for the Banning submarket.
About 546 W Indian School
This beautifully remodeled 4 bedroom, 2 bath single story home offers 1,512 sq. ft. of thoughtfully designed living space with a highly desirable open floor plan. The interior features new dark vinyl plank flooring, light white paint, updated baseboards, and tasteful modern finishes throughout. Major upgrades include a new roof, fully remodeled HVAC system, new kitchen, new bathrooms, and new windows, providing peace of mind and modern comfort. Additional highlights huge driveway for Potential RV, boat parking and a 2 car attached garage. Situated on a generous 7,405 sq. ft. lot, the expansive backyard offers plenty of space for entertaining, relaxing, or future possibilities. Low taxes, no Mello Roos, and no HOA! Ideally located near shopping, dining, parks, schools, and everyday amenities, this truly turnkey home delivers comfort, style, and quality throughout. A must-see property!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,512 | 1,683 | 40% |
| Lot Size | 7,405 | 6,098 | 68% |
| Price | $499.9K | $450.0K | 72% |
| Price per sq ft | $331 | $261 | 84% |
| Built year | 1960 | 1997 | 13% |
| HOA | $0 | $202 | 31% |
| Days on market | 27 | 199 | 0% |
Pricing History
Listed for Sale
Mar 5, 2026
$499,900
$520,000
-4% Price Drop
Initial Listing
Price Change
Feb 8, 2026
$520,000
Initial Listing
Sold
Jun 30, 2025
$360,000
Public Record
Sold
Jun 27, 2025
$345,000
Public Record
Sold
Oct 31, 2013
$161,000
Public Record
Sold
Dec 18, 2009
$112,500
Public Record
Sold
May 6, 1998
$86,000
Public Record