5115 Chelsea Rd is a 1,328 square foot house on a 7,231 square foot lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $153,225.
Single-familyProperty Type
1972Year Built
7,231 sq ftLot Size
$115Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$153,225
$1,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 5.3% higher than the average sale price ($146K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,711 (+7.1%)
$8,700 + $129,100
$137,800
2024
$1,598
$8,700 + $107,100
$115,800
2023
$1,598 (−5.2%)
$8,700 + $107,100
$115,800
2022
$1,686 (+27.6%)
$8,700 + $107,100
$115,800
2021
$1,321 (+30.0%)
$8,700 + $84,400
$93,100
2020
$1,017 (−17.3%)
$8,700 + $84,400
$93,100
2019
$1,230 (+24.0%)
$8,700 + $69,900
$78,600
2018
$992 (+7.8%)
$8,700 + $75,600
$84,300
2017
$920 (−5.7%)
$8,700 + $60,200
$68,900
2016
$975 (+59.6%)
$8,700 + $60,200
$68,900
2015
$611 (+17.7%)
$8,700 + $63,500
$72,200
2014
$519 (−9.1%)
$8,700 + $60,200
$68,900
2013
$571
$8,700 + $59,300
$68,000
Tax history for 5115 Chelsea Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,711 (+7.1%)
$8,700 + $129,100
$137,800
2024
$1,598
$8,700 + $107,100
$115,800
2023
$1,598 (−5.2%)
$8,700 + $107,100
$115,800
2022
$1,686 (+27.6%)
$8,700 + $107,100
$115,800
2021
$1,321 (+30.0%)
$8,700 + $84,400
$93,100
2020
$1,017 (−17.3%)
$8,700 + $84,400
$93,100
2019
$1,230 (+24.0%)
$8,700 + $69,900
$78,600
2018
$992 (+7.8%)
$8,700 + $75,600
$84,300
2017
$920 (−5.7%)
$8,700 + $60,200
$68,900
2016
$975 (+59.6%)
$8,700 + $60,200
$68,900
2015
$611 (+17.7%)
$8,700 + $63,500
$72,200
2014
$519 (−9.1%)
$8,700 + $60,200
$68,900
2013
$571
$8,700 + $59,300
$68,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
D3
AIRSPACE SECONDARY ZONING DISTRICT
COMPACT
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
Compact 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
Jul 31, 2017 • Final
Right of way permit-excavation
Plumbing
Apr 28, 1998 • Active
Heating & cooling permit-1-2 family-replacement
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
Interior
Bathroom Information
# of Bathroom Fixtures: 7
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family
Property Information
Living Sq. Ft: 1,328
Adjusted Gross Sq. Ft: 1,328
Ground Floor Sq. Ft: 1,328
Building Sq. Ft: 1,328
# of Stories: 1
Legal Description: PT NW1/4 S18 T15 R3 BEG 581.30FT 1021.0FT SE OFNW COR SE 55FT S 81.34FT SW 57.61FT N 102.80FT TOBEG .166AC
Parking & Garage Information
# of Parking Spaces: 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,231
Municipality Name: WAYNE,BEN DAVIS CONSERVANCY
Acres: 0.166
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: —
Sq. Ft.: 1,328
Stories: 1.0
Lot Size: 7,231 square feet
Style: Single Family Residential
Year Built: 1972
Year Renovated: 1972
County: Marion County
APN: 491118114011000930
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Maplewood Elementary School
Public PreK-6 • Assigned • 0.3mi
4/10
Lynhurst 7th & 8th Grade Center
Public 7-8 • Assigned • 1.6mi
3/10
Ben Davis Ninth Grade Center
Public 9 • Assigned • 3.4mi
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, 18 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 • 46241
Average low and high temperatures (°F)
32
18
42
27
60
40
68
48
71
54
82
66
87
72
83
66
81
61
70
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$146,000 – $177,000
Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.