OFF MARKET

Off Market May 2025 for $194K

$235,681

•

1,217

sq ft

5061 Sylvan Rd, Indianapolis, IN 46228

About this home

Welcome to 5061 Sylvan Road, a charming 3-bedroom, 2-bath ranch home offering a fantastic opportunity to add your personal touch. With approximately 1,200 square feet of living space, this home features a spacious layout that combines comfort and functionality. The inviting living room and family room both boast beautiful hardwood floors, creating a warm and cohesive flow throughout the home. The hardwood extends into all three bedrooms, giving the spaces a classic, timeless appeal. The kitchen has been thoughtfully updated with new cabinets, providing a great foundation for anyone who loves to cook or entertain. While the home is in need of some updates, its solid bones and inviting atmosphere present an excellent opportunity for the right buyer to make it their own. Additional highlights include a 2-car attached garage, and convenient city water and sewer. The property offers easy access to downtown Indianapolis, making it a prime location for commuters and city lovers alike. Whether you're looking to explore the local dining scene, attend events, or enjoy the vibrant city life, you'll appreciate the proximity to all the action. Located in a peaceful neighborhood, 5061 Sylvan Road provides the perfect balance of suburban tranquility and urban convenience. With a little creativity and vision, this home has the potential to be a true gem. Don't miss out on this fantastic opportunity to invest in a home with endless possibilities!

Single-familyProperty Type

1972Year Built

8,712 sq ftLot Size

$194Est. Price/Sq.Ft.

2 car garageParking

Listed by Lisa Phillips • Compass Indiana, LLC

Bought with Angelica Escobar • Compass Indiana, LLC

Redfin checked: a few seconds ago

•Source:MIBOR as Distributed by MLS Grid #22030269

Redfin Estimate

$235,681

$42K since sold in May 2025$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.5% lower than the average sale price ($270K) of 6 comparable homes.

SOLD MAR 2, 2026
$250,000
A
3 beds2 baths1,696 sq ft
3735 Zurich Ter, Indianapolis, IN 46228
SOLD AUG 14, 2026
$337,000
B
3 beds2 baths1,836 sq ft
4917 Manning Rd, Indianapolis, IN 46228
SOLD MAR 13, 2026
$265,000
C
3 beds2 baths1,460 sq ft
4880 Victoria Rd, Indianapolis, IN 46228
SOLD BY REDFIN APR 17, 2026
$255,000
D
3 beds2 baths1,593 sq ft
4920 Manning Rd, Indianapolis, IN 46228
SOLD AUG 17, 2026
$275,000
E
3 beds2 baths1,504 sq ft
3724 W 42nd Ter W, Indianapolis, IN 46228
SOLD MAY 28, 2026
$235,000
F
3 beds2 baths1,258 sq ft
3733 Rome Ter, Indianapolis, IN 46228

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Earn from this home

Sell

$68,068

Est. take-home

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Rent

$1,665/mo

Redfin rental estimate

List your home for rent

Market trends in 46228, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.1%

0.3% MoM

Median sale price

$275K

$3K MoM

Avg. days on market

13d

3 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW 3 HRS AGO
$335,000
3 beds2.5 baths2,352 sq ft
4208 Springwood Trl, Indianapolis, IN 46228
OPEN SAT, 1PM TO 3PM
$359,900
4 beds2.5 baths2,508 sq ft
5265 Mchenry Ln, Indianapolis, IN 46228
NEW 26 HRS AGO
$490,000
3 beds2.5 baths3,615 sq ft
4255 Cooper Rd, Indianapolis, IN 46228
$274,900
3 beds1.5 baths1,530 sq ft
4908 Bonnie Brae St, Indianapolis, IN 46228
OPEN SUN, 3PM TO 5PM
$350,000
3 beds2 baths2,058 sq ft
3414 Aylesford Ln, Indianapolis, IN 46228
$425,000
4 beds3.5 baths4,282 sq ft
5145 Michigan Rd, Indianapolis, IN 46228
$235,000
2 beds1 bath1,876 sq ft
1651 W 57th St, Indianapolis, IN 46228
$270,000
2 beds2.5 baths2,128 sq ft
1990 Oldfields Circle North Dr, Indianapolis, IN 46228
$340,000
4 beds2.5 baths3,939 sq ft
4752 Arabian Run, Indianapolis, IN 46228
See all

Provided by Redfin

Sale history for 5061 Sylvan Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #22030269

May 15, 2025

Sold

$194,000

$159/sq ft

Apr 12, 2025

Pending

—

Apr 1, 2025

Listed

$190,000

$156/sq ft

MIBOR as Distributed by MLS Grid #21292894

Jun 27, 2014

Listing Removed

—

May 21, 2014

Listed

$85,000

$70/sq ft

MIBOR as Distributed by MLS Grid #21018398

Jul 6, 2010

Listing Removed

—

Apr 5, 2010

Listed

$105,000

$86/sq ft

MIBOR as Distributed by MLS Grid #2732345

Nov 18, 2007

Listing Removed

—

May 18, 2007

Listed

$109,900

$90/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$1,795 (−1.9%)

$31,600 + $138,700

$170,300

2024

$1,830 (+4.3%)

$31,600 + $126,500

$158,100

2023

$1,754

$31,600 + $126,500

$158,100

2022

$1,754 (+27.2%)

$31,600 + $126,500

$158,100

2021

$1,378 (+11.1%)

$20,900 + $102,700

$123,600

2020

$1,241 (+19.5%)

$20,900 + $102,700

$123,600

2019

$1,039 (+20.9%)

$20,900 + $97,800

$118,700

2018

$859 (+0.3%)

$20,900 + $89,600

$110,500

2017

$856 (+23.0%)

$20,900 + $79,900

$100,800

2016

$696 (+41.5%)

$20,900 + $79,900

$100,800

2015

$492 (−21.8%)

$20,900 + $71,700

$92,600

2014

$629 (+4.3%)

$20,900 + $66,700

$87,600

2013

$603

$20,900 + $77,600

$98,500

Tax history for 5061 Sylvan Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,795 (−1.9%)

$31,600 + $138,700

$170,300

2024

$1,830 (+4.3%)

$31,600 + $126,500

$158,100

2023

$1,754

$31,600 + $126,500

$158,100

2022

$1,754 (+27.2%)

$31,600 + $126,500

$158,100

2021

$1,378 (+11.1%)

$20,900 + $102,700

$123,600

2020

$1,241 (+19.5%)

$20,900 + $102,700

$123,600

2019

$1,039 (+20.9%)

$20,900 + $97,800

$118,700

2018

$859 (+0.3%)

$20,900 + $89,600

$110,500

2017

$856 (+23.0%)

$20,900 + $79,900

$100,800

2016

$696 (+41.5%)

$20,900 + $79,900

$100,800

2015

$492 (−21.8%)

$20,900 + $71,700

$92,600

2014

$629 (+4.3%)

$20,900 + $66,700

$87,600

2013

$603

$20,900 + $77,600

$98,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

58 ft.

Lot depth

150 ft.

Lot size

8,712 Sq. Ft.

Year renovated

1972

Sq. Ft.

1,217

Year built

1972

Style

Single Family Residential

County

Marion County

APN

490609115098000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling District Two

The D-2 District is intended for use in suburban areas. Ample yards, trees and passive open spaces easily serving each individual lot are envisioned for this District. The D-2 District has a typical density of 1.9 units per gross acre. Two-family dwellings are permitted on corner lots in this District. This District fulfills the lowest density recommendation of the Comprehensive General Land Use Plan. Public water and sewer 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 conditions, including vegetation, topography, drainage and wildlife.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

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

Jan 7, 2023 • Final

Heating & cooling - 1-2 family

Work on the heating and cooling systems.

HVAC

Nov 2, 2021 • Final

Heating & cooling - 1-2 family

Work on the heating and cooling systems.

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Garage SqFt: 483
Parking Features: Attached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1217
Living Area: 1217
Main Level Sq. Ft.: 1217
Upper Level Sq. Ft.: 0

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

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Shower Stall Full

Room 1 Information
Room Type: Kitchen
Room Dimensions: 11x8
Room Level: Main

Room 2 Information
Room Dimensions: 15x11
Room Level: Main

Room 3 Information
Room Type: Laundry
Room Dimensions: 6x5
Room Level: Main

Room 4 Information
Room Type: Bedroom 3
Room Dimensions: 10x10
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Dimensions: 12x10
Room Level: Main

Room 6 Information
Room Type: Family Room
Room Dimensions: 15x11
Room Level: Main

Room 7 Information
Room Type: Dining Room
Room Dimensions: 15x11
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 7
Rooms Basement: 0
# of Rooms: 7

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

Interior Features
Interior Features: Hardwood Floors
Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator

Exterior

Exterior Features
Patio And Porch Features: Patio
Fence YN: No

Farm Information
Horse Amenities: None

Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.2
Lot Features: Corner Lot, Mature Trees, Trees-Small (Under 20 Ft)

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Utilities: Cable Connected, Natural Gas Connected
Solid Waste Information: Yes

Location

School Information
High School District: MSD Washington Township

Location Information
Directions: GPS Friendly
Tax Legal Description: Morningside L14 B2

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,217
Stories: 1.0
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1972
Year Renovated: 1972
County: Marion County
APN: 490609115098000800

Home facts updated by county records on Jul 29, 2026

Other

Home Information
Foundation Details: Crawl Space
Construction Materials: Brick
Levels: One

Around this home

Schools

Crooked Creek Elementary School

Public K-5 • Assigned • 1.2mi

4/10

Westlane Middle School

Public 6-8 • Assigned • 3.2mi

6/10

North Central High School

Public 9-12 • Assigned • 6.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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 101° expected this year, 19 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46228

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$224,000 – $272,000

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Home values near 5061 Sylvan Rd

Data from public records.

Address	Redfin Estimate
5120 Sylvan Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1152 Sq. Ft.	$229,573
5009 Sylvan Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1915 Sq. Ft.	$284,293

Address	Redfin Estimate
5028 Sylvan Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1852 Sq. Ft.	$296,374
5034 Sylvan Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1697 Sq. Ft.	$268,804

Address	Redfin Estimate
5015 Sylvan Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1802 Sq. Ft.	$303,322
5011 Sylvan Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1887 Sq. Ft.	$287,111

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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