SOLD JUL 10, 2026

Sold on jul 2026

$139,000

•

2,448

sq ft

5026 Rixon Ave, Indianapolis, IN 46221

Track this home’s value and nearby sales activity

About this home

Calling all investors and buyers looking to build equity! This 3-bedroom, 1.5-bath home sits atop a hill on nearly half an acre and offers incredible potential for the right owner. Inside, you'll find a spacious living room perfect for entertaining and three generously sized bedrooms that provide plenty of room to grow. The home's standout feature is the full basement, offering unlimited potential for additional living space, a recreation area, workshop, or extra storage. Enjoy the outdoors from the large front deck or the spacious back patio, both ideal for relaxing and entertaining. With almost half an acre of land, there's plenty of room to make this property your own. Whether you're looking for your next investment project or a home where you can add value through updates and improvements, this property is a fantastic opportunity. Bring your vision and transform this diamond in the rough into something truly special!

Single-familyProperty Type

1963Year Built

0.47 acresLot Size

$57Price/Sq.Ft.

2 car garageParking

Listed by Charles Sheppard • AMR Real Estate LLC

Bought with Kyle Holler • Tyler Knows Real Estate LLC

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #22105727

Redfin Estimate

$257,290

$118K since sold in July 2026$9,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 21.3% higher than the average sale price ($212K) of 6 comparable homes.

SOLD OCT 5, 2026
$220,000
A
3 beds1.5 baths1,568 sq ft
5231 W Edwards Ave, Indianapolis, IN 46221
SOLD NOV 6, 2026
$240,000
B
3 beds1.5 baths2,574 sq ft
4040 Susy, Indianapolis, IN 46221
SOLD SEP 30, 2026
$215,000
C
3 beds1.5 baths1,604 sq ft
4161 Moline Dr, Indianapolis, IN 46221
SOLD AUG 5, 2026
$191,000
D
3 beds1.5 baths1,872 sq ft
4001 Alden Ave, Indianapolis, IN 46221
SOLD SEP 18, 2026
$182,000
E
3 beds1 bath1,456 sq ft
4231 Standish Dr, Indianapolis, IN 46221
SOLD SEP 4, 2026
$224,500
F
3 beds2 baths1,074 sq ft
4156 Tincher Rd, Indianapolis, IN 46221

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Market trends in 46221, IN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.1%

+0.3% MoM

Median sale price

$223K

$365 MoM

Avg. days on market

25d

3 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 13 HRS AGO
$239,900
3 beds2.5 baths1,368 sq ft
6821 Littleton Dr, Indianapolis, IN 46221
VIDEO TOUR
$959,900
4 beds2.5 baths2,062 sq ft
5814-1 Furnas Rds, Indianapolis, IN 46221
OPEN SUN, 2PM TO 4PM
$259,952
3 beds2 baths1,554 sq ft
6018 Milhouse Rd, Indianapolis, IN 46221
OPEN TODAY, 3PM TO 5PM
$230,000
2 beds2 baths1,313 sq ft
6415 Emerald Springs Dr, Indianapolis, IN 46221
$255,000
3 beds2 baths1,635 sq ft
6720 Furnas, Indianapolis, IN 46221
$350,000
2 beds2 baths1,376 sq ft
5444 W Southport Rd, Indianapolis, IN 46221
$199,000
3 beds1.5 baths1,620 sq ft
619 Arbor Ave, Indianapolis, IN 46221
OPEN TODAY, 12PM TO 2PM
$249,000
3 beds2 baths1,350 sq ft
5705 Long Ridge Pl, Indianapolis, IN 46221
$135,000
1 bed1 bath1,000 sq ft
829 S Tremont St, Indianapolis, IN 46221
$224,500
3 beds2 baths1,192 sq ft
6226 Long River Ln, Indianapolis, IN 46221
See all

Provided by Redfin

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Rental estimate

Est. $1,570 per month, based on comparable rentals

Sale and tax history for 5026 Rixon Ave

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$2,485 (+8.7%)

$15,400 + $218,000

$233,400

2024

$2,285 (+13.1%)

$15,400 + $178,900

$194,300

2023

$2,021 (+7.8%)

$15,400 + $178,900

$194,300

2022

$1,874 (+16.3%)

$15,400 + $156,600

$172,000

2021

$1,610 (+8.6%)

$15,400 + $118,000

$133,400

2020

$1,483 (+12.5%)

$15,400 + $118,000

$133,400

2019

$1,318 (+8.9%)

$15,400 + $118,000

$133,400

2018

$1,210 (+6.0%)

$15,400 + $93,900

$109,300

2017

$1,142 (+0.4%)

$15,400 + $79,800

$95,200

2016

$1,138 (+14.0%)

$15,400 + $79,800

$95,200

2015

$998 (−5.6%)

$15,400 + $79,800

$95,200

2014

$1,057 (−45.7%)

$15,400 + $77,200

$92,600

2013

$1,948

$15,400 + $82,000

$97,400

Public record

Public record
Zoning
Permits

Beds

Baths

1.5

Stories

Lot width

116 ft.

Lot depth

175 ft.

Lot size

0.47 Acres

Year renovated

1963

Sq. Ft.

1,224

Year built

1963

Style

Single Family Residential

County

Marion County

APN

491131105041000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 2026.

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Dwelling District Three

The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife.

Zone overlays

Airspace Secondary Zoning District
Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
Garage SqFt: 504
Parking Features: Attached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2448
Living Area: 1224
Main Level Sq. Ft.: 1224
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
# of Full Baths (Main): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 1
Full Bathrooms MU: 1
Primary Bathroom Description: Bath Half

Room 1 Information
Room Type: Living Room
Room Dimensions: 24x12
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 11x10
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 13x10
Room Level: Main

Room 4 Information
Room Dimensions: 14x12
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Dimensions: 14x9
Room Level: Main

Room 6 Information
Room Type: Bedroom 3
Room Dimensions: 11x9
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 6

Basement Information
Has Basement

Heating & Cooling
Heating Information: Natural Gas
Cooling Information: Central Air

Interior Features
Interior Features: Attic Access, Breakfast Bar
Appliances: Gas Water Heater, MicroHood

Exterior

Building Information
Percent Optional Level Finished: 0

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.47

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Solid Waste Information: No

Location

School Information
Middle Or Junior High School: Decatur Middle School
High School: Decatur Central High School
High School District: MSD Decatur Township

Location Information
Directions: GPS Friendly
Tax Legal Description: Rolling Knolls Add L30

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,224
Stories: 1.0
Lot Size: 0.47 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: 1963
County: Marion County
APN: 491131105041000200

Home facts updated by county records on Oct 19, 2026

Other

Home Information
Foundation Details: Block
Construction Materials: Stone
Levels: One

Around this home

Schools

Liberty Early Elementary School

Public PreK-6 • Assigned • 0.7mi

5/10

Decatur Middle School

Public 7-8 • Assigned • 1.9mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 1.9mi

2/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46221

Average low and high temperatures (°F)

33°

18°

43°

26°

62°

40°

69°

49°

72°

54°

83°

66°

87°

71°

83°

65°

82°

60°

69°

50°

54°

39°

42°

28°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

97/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 8% for direct sun exposure in Indianapolis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.4 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$245,000 – $296,000

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Home values near 5026 Rixon Ave

Data from public records.

Address	Redfin Estimate
5115 Rixon Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1232 Sq. Ft.	$201,685
5105 Rixon Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1025 Sq. Ft.	$224,997
5002 Rixon Ave, Indianapolis, IN 2 Beds \| 1 Baths \| 784 Sq. Ft.	$155,495
4125 South Gerrard Dr, Indianapolis, IN 2 Beds \| 1 Baths \| 928 Sq. Ft.	$191,536
4040 Robin Dr, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1050 Sq. Ft.	$219,837
4030 Robin Dr, Indianapolis, IN 4 Beds \| 3 Baths \| 1634 Sq. Ft.	$258,595
5034 West Markwood Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2436 Sq. Ft.	$230,464

Address	Redfin Estimate
5125 Rixon Ave, Indianapolis, IN 2 Beds \| 1 Baths \| 1350 Sq. Ft.	$197,948
5009 Rixon Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1040 Sq. Ft.	$218,633
5019 Rixon Ave, Indianapolis, IN 3 Beds \| 2 Baths \| 1474 Sq. Ft.	$220,759
4020 Robin Dr, Indianapolis, IN 3 Beds \| 2 Baths \| 1843 Sq. Ft.	$233,151
4042 Judan Ct, Indianapolis, IN 3 Beds \| 2 Baths \| 1441 Sq. Ft.	$234,927
5193 West Hanna Ave, Indianapolis, IN 3 Beds \| - Baths \| 1218 Sq. Ft.	$193,297
4209 South Gerrard Dr, Indianapolis, IN 3 Beds \| - Baths \| 600 Sq. Ft.	$88,480

Address	Redfin Estimate
5029 Rixon Ave, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1421 Sq. Ft.	$207,878
5001 Rixon Ave, Indianapolis, IN 3 Beds \| 2 Baths \| 2368 Sq. Ft.	$170,733
5009 Rixon Ave Apartment 0, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$162,101
4047 Robin Dr, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1008 Sq. Ft.	$137,332
5197 West Hanna Ave, Indianapolis, IN 3 Beds \| - Baths \| 1344 Sq. Ft.	$160,507
5020 West Markwood Ave, Indianapolis, IN 3 Beds \| 2 Baths \| 1442 Sq. Ft.	$242,317
5201 West Hanna Ave, Indianapolis, IN 3 Beds \| - Baths \| 1218 Sq. Ft.	$183,465

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 46221, IN

Homeowner tools

Sale and tax history for 5026 Rixon Ave

Public record

Property details

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46221

Home values near 5026 Rixon Ave

More real estate resources