Google street view image for 5118 Michigan Rd, Indianapolis, IN 46228

OFF MARKET

$148,950

•

— ba

•

863

sq ft

5118 Michigan Rd, Indianapolis, IN 46228

About this home

5118 Michigan Rd is a 863 square foot house on a 0.37 acre lot with 1 bedroom. Based on Redfin's Indianapolis data, we estimate the home's value is $148,950.

Single-familyProperty Type

1935Year Built

0.37 acresLot Size

$173Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$148,950

$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 38.7% lower than the average sale price ($243K) of 6 comparable homes.

SOLD JUL 16, 2026
$205,000
A
3 beds2 baths2,146 sq ft
5108 Sunny Meade Ln, Indianapolis, IN 46208
SOLD JUN 4, 2026
$152,500
B
3 beds2 baths1,920 sq ft
5234 Riverview Dr, Indianapolis, IN 46208
SOLD JUN 29, 2026
$385,000
C
3 beds2 baths2,099 sq ft
4540 Buena Vista Dr, Indianapolis, IN 46228
SOLD AUG 7, 2026
$260,000
D
3 beds2 baths1,116 sq ft
5101 Clarendon Rd, Indianapolis, IN 46208
SOLD FEB 5, 2026
$222,000
E
2 beds2 baths774 sq ft
5325 Crown St, Indianapolis, IN 46208
SOLD JUL 10, 2026
$234,000
F
2 beds1 bath1,136 sq ft
5103 Riverview Dr, Indianapolis, IN 46208

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 46228, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.1% MoM

Median sale price

$278K

$7K MoM

Avg. days on market

10d

1 days MoM

Recently sold homes

5 MoM

New listings for sale

$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
$414,900
4 beds2 baths4,464 sq ft
2615 Orlando St, Indianapolis, IN 46228
OPEN THU, 6PM TO 8PM
$340,000
4 beds2.5 baths3,939 sq ft
4752 Arabian Run, Indianapolis, IN 46228
$300,000
4 beds2 baths1,725 sq ft
6130 Munsee Ln, Indianapolis, IN 46228
$175,000
2 beds2 baths1,362 sq ft
2240 Rome Dr Unit C, Indianapolis, IN 46228
$750,000
3 beds3 baths2,614 sq ft
39 Highland Manor Ct N, Indianapolis, IN 46228
$226,400
3 beds1 bath1,036 sq ft
3722 W 41st Ter, Indianapolis, IN 46228
$519,900
4 beds2.5 baths3,954 sq ft
4516 Sylvan Rd, Indianapolis, IN 46228
See all

Provided by Redfin

Sale history for 5118 Michigan Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$3,105 (−7.6%)

$32,700 + $93,700

$126,400

2024

$3,359 (+0.1%)

$32,700 + $93,800

$126,500

2023

$3,354 (−2.0%)

$32,700 + $93,800

$126,500

2022

$3,424 (+5.1%)

$32,700 + $93,800

$126,500

2021

$3,257 (+5.2%)

$32,700 + $85,600

$118,300

2020

$3,097 (+6.6%)

$32,700 + $85,600

$118,300

2019

$2,906 (+4.2%)

$32,700 + $85,600

$118,300

2018

$2,790 (+30.4%)

$32,700 + $85,200

$117,900

2017

$2,140 (+7.1%)

$32,700 + $56,700

$89,400

2016

$1,998 (+9.2%)

$32,700 + $56,700

$89,400

2015

$1,830 (−0.3%)

$32,700 + $56,400

$89,100

2014

$1,836 (−0.6%)

$32,700 + $55,700

$88,400

2013

$1,847

$32,700 + $56,400

$89,100

Tax history for 5118 Michigan Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,105 (−7.6%)

$32,700 + $93,700

$126,400

2024

$3,359 (+0.1%)

$32,700 + $93,800

$126,500

2023

$3,354 (−2.0%)

$32,700 + $93,800

$126,500

2022

$3,424 (+5.1%)

$32,700 + $93,800

$126,500

2021

$3,257 (+5.2%)

$32,700 + $85,600

$118,300

2020

$3,097 (+6.6%)

$32,700 + $85,600

$118,300

2019

$2,906 (+4.2%)

$32,700 + $85,600

$118,300

2018

$2,790 (+30.4%)

$32,700 + $85,200

$117,900

2017

$2,140 (+7.1%)

$32,700 + $56,700

$89,400

2016

$1,998 (+9.2%)

$32,700 + $56,700

$89,400

2015

$1,830 (−0.3%)

$32,700 + $56,400

$89,100

2014

$1,836 (−0.6%)

$32,700 + $55,700

$88,400

2013

$1,847

$32,700 + $56,400

$89,100

*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

METRO

Neighborhood Commercial District

The C-3 District is for the development of an extensive range of retail sales and personal, professional and business services required to meet the demands of a fully developed residential neighborhood, regardless of its size. Examples of such types of uses include neighborhood shopping centers, sales of retail convenience or durable goods, shopping establishments, retail and personal and professional service establishments. At this neighborhood scale of retail, a fine-grain of accessibility requisite for all modes of travel must be provided and maintained. It does not make provision, however, for those businesses that draw customers in significant numbers from well beyond a neighborhood boundary and are, therefore, unusually heavy traffic generators, such as theaters. It does not allow those businesses that require the outdoor display, sale or storage of merchandise; or require outdoor operations. In general, to achieve maximum flexibility of permitted land use, the C-3 District makes possible a highly varied grouping of indoor retail and business functions.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

General retail
Retail-Grocery
Restaurant
Hospital / medical center
Rehabilitation center
Housing-Other
Bed & breakfast
Office
Medical office
Ground transport

Property details

Interior

Heating & Cooling
Heating Type: Warm Air

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 4

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Concrete Block
Building Type: Single Family

Property Information
Living Sq. Ft: 863
Adjusted Gross Sq. Ft: 863
Ground Floor Sq. Ft: 863
Building Sq. Ft: 1,238
# of Stories: 1
Legal Description: PT E1/2 SW1/4 S10 T16 R3 BEG 387.3FT E & 442.3FT SOF NW COR 217.58FT NL 70FT WL 242.81FT SL C/LMICH RD NEL 0.37AC

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 951
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 16,117
Municipality Name: WASHINGTON,OUTSIDE
Acres: 0.37
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 1
Baths: —
Sq. Ft.: 863
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1935
Year Renovated: 1954
County: Marion County
APN: 490610111013000800

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Crooked Creek Elementary School

Public K-5 • Assigned • 0.9mi

4/10

Westlane Middle School

Public 6-8 • Assigned • 2.8mi

6/10

North Central High School

Public 9-12 • Assigned • 5.6mi

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

$142,000 – $172,000

Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.

Nearby similar homes

3D WALKTHROUGH

$173,000

2 beds1.5 baths1,939 sq ft

314 Bernard Ave, Indianapolis, IN 46208

$595,000

4 beds2.5 baths2,610 sq ft

5350 N Kenwood Ave, Indianapolis, IN 46208

$495,000

5 beds3 baths3,446 sq ft

3754 W 46th St, Indianapolis, IN 46228

$189,900

2 beds1 bath1,050 sq ft

6461 Michigan Rd, Indianapolis, IN 46268

$309,900

5 beds4 baths1,988 sq ft

4002 Byram Ave, Indianapolis, IN 46208

$375,000

2 beds1.5 baths1,779 sq ft

4840 N Capitol Ave, Indianapolis, IN 46208

New listings for sale 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

$414,900

4 beds2 baths4,464 sq ft

2615 Orlando St, Indianapolis, IN 46228

OPEN THU, 6PM TO 8PM

$340,000

4 beds2.5 baths3,939 sq ft

4752 Arabian Run, Indianapolis, IN 46228

$300,000

4 beds2 baths1,725 sq ft

6130 Munsee Ln, Indianapolis, IN 46228

$175,000

2 beds2 baths1,362 sq ft

2240 Rome Dr Unit C, Indianapolis, IN 46228

$750,000

3 beds3 baths2,614 sq ft

39 Highland Manor Ct N, Indianapolis, IN 46228

$226,400

3 beds1 bath1,036 sq ft

3722 W 41st Ter, Indianapolis, IN 46228

$519,900

4 beds2.5 baths3,954 sq ft

4516 Sylvan Rd, Indianapolis, IN 46228

Home values near 5118 Michigan Rd

Data from public records.

Address	Redfin Estimate
5125 Michigan Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1317 Sq. Ft.	$261,010
5145 Michigan Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 3114 Sq. Ft.	$275,199

Address	Redfin Estimate
5120 Michigan Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 3415 Sq. Ft.	$242,822
4840 Michigan Rd, Indianapolis, IN 5 Beds \| 3.5 Baths \| 4548 Sq. Ft.	$312,608

Address	Redfin Estimate
5146 Michigan Rd, Indianapolis, IN 3 Beds \| - Baths \| 2340 Sq. Ft.	$243,249
5201 Michigan Rd, Indianapolis, IN 3 Beds \| - Baths \| 1543 Sq. Ft.	$218,403

More real estate resources

Zip Codes
Cities
Neighborhoods
Minor Civil Divisions
Popular Searches

46250 homes for sale
46256 homes for sale
46217 homes for sale
46237 homes for sale
46220 homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Franklin Township homes for sale
Pike Township homes for sale
Washington Township homes for sale
Center Township homes for sale
Perry Township homes for sale

Houses for rent in Indianapolis	Agents near me	Munster, IN homes for sale	Indianapolis Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Zionsville, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Westfield, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Indianapolis Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings

Fishers homes for sale
Zionsville homes for sale
Carmel homes for sale

Wynnedale-Spring Hill homes for sale
Knollton Heights homes for sale
Far Northwest homes for sale