OFF MARKET

Off Market Apr 2022 for $180K

$242,822

Est. refi paymentEst. refi $887/mo

•

3,415

sq ft

5120 Michigan Rd, Indianapolis, IN 46228

About this home

FANTASTIC OPPORTUNITY UNDER $200,000 ON OVER A HALF ACRE! This 3 bedroom, 1 bathroom home is located in ideal location on Indy's west side, less than 5 minute drive to interstate and no HOA. Large great room upon entry, wood fireplace, and neutral décor throughout. Main level master bedroom. Huge back yard with so much potential! The home does need some polishing and some unfinished projects that need attention, but what an opportunity at $180,000! Hurry!

Single-familyProperty Type

1938Year Built

0.57 acresLot Size

$71Est. Price/Sq.Ft.

2 car garageParking

Listed by Scott Armstrong • Armstrong Real Estate Brokerag

Contact: armstrongrebrokerage@gmail.com

Bought with Theresa Bartels • The Indy Realty Shop

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21838786

Redfin Estimate

$242,822

$63K since sold in April 2022$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.4% lower than the average sale price ($297K) of 6 comparable homes.

SOLD AUG 18, 2026
$180,000
A
3 beds2 baths3,220 sq ft
2215 W 60th St, Indianapolis, IN 46228
SOLD JUL 7, 2026
$271,500
B
3 beds1.5 baths2,958 sq ft
2705 W 44th St, Indianapolis, IN 46228
SOLD JUN 12, 2026
$350,000
C
3 beds2 baths2,694 sq ft
1752 Kessler Boulevard West Dr, Indianapolis, IN 46228
SOLD MAR 6, 2026
$338,000
D
3 beds2 baths2,984 sq ft
1818 Kessler Blvd Dr W, Indianapolis, IN 46228
SOLD AUG 21, 2026
$440,000
E
3 beds2 baths2,898 sq ft
960 W 58th St, Indianapolis, IN 46228
SOLD JUL 16, 2026
$205,000
F
3 beds2 baths2,146 sq ft
5108 Sunny Meade Ln, Indianapolis, IN 46208

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$94,799

Est. take-home

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Est. cash available

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Rent

$1,811/mo

Redfin rental estimate

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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
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4 beds2.5 baths3,954 sq ft
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See all

Provided by Redfin

Sale history for 5120 Michigan Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21838786

Apr 8, 2022

Sold

$180,000

$53/sq ft

Feb 21, 2022

Pending

—

Feb 18, 2022

Listed

$180,000

$53/sq ft

MIBOR as Distributed by MLS Grid #2657110

Sep 1, 2006

Listed

$100,000

$29/sq ft

MIBOR as Distributed by MLS Grid #2507352

Aug 5, 2005

Listing Removed

—

Feb 7, 2005

Listed

$144,900

$42/sq ft

Public Records

Sep 5, 2000

Sold

$112,425

$33/sq ft

MIBOR as Distributed by MLS Grid #2023168

Jun 14, 2000

Listed

$114,900

$34/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$2,504 (−12.1%)

$43,700 + $176,700

$220,400

2024

$2,850 (+4.4%)

$43,700 + $178,400

$222,100

2023

$2,731 (−9.1%)

$43,700 + $178,400

$222,100

2022

$3,003 (+6.0%)

$43,700 + $178,400

$222,100

2021

$2,832 (+5.4%)

$43,700 + $163,700

$207,400

2020

$2,686 (+6.5%)

$43,700 + $163,700

$207,400

2019

$2,522 (+4.4%)

$43,700 + $163,700

$207,400

2018

$2,415 (+8.6%)

$43,700 + $162,900

$206,600

2017

$2,222 (+6.2%)

$43,700 + $147,600

$191,300

2016

$2,092 (+15.8%)

$43,700 + $147,600

$191,300

2015

$1,806 (−0.4%)

$43,700 + $146,700

$190,400

2014

$1,813 (−5.3%)

$43,700 + $145,100

$188,800

2013

$1,914

$43,700 + $146,600

$190,300

Tax history for 5120 Michigan Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,504 (−12.1%)

$43,700 + $176,700

$220,400

2024

$2,850 (+4.4%)

$43,700 + $178,400

$222,100

2023

$2,731 (−9.1%)

$43,700 + $178,400

$222,100

2022

$3,003 (+6.0%)

$43,700 + $178,400

$222,100

2021

$2,832 (+5.4%)

$43,700 + $163,700

$207,400

2020

$2,686 (+6.5%)

$43,700 + $163,700

$207,400

2019

$2,522 (+4.4%)

$43,700 + $163,700

$207,400

2018

$2,415 (+8.6%)

$43,700 + $162,900

$206,600

2017

$2,222 (+6.2%)

$43,700 + $147,600

$191,300

2016

$2,092 (+15.8%)

$43,700 + $147,600

$191,300

2015

$1,806 (−0.4%)

$43,700 + $146,700

$190,400

2014

$1,813 (−5.3%)

$43,700 + $145,100

$188,800

2013

$1,914

$43,700 + $146,600

$190,300

*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

Beds

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.57 Acres

Year renovated

1954

Sq. Ft.

1,658

Year built

1938

Style

Single Family Residential

County

Marion County

APN

490610111011000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling Suburban District

The D-S District is intended for suburban areas of extreme topography, areas conducive to estate development, or areas where it is desirable to permit only low density development (such as adjacent to floodplains, aquifers, urban conservation areas, within the extended alignment of airport runways, etc.). Generous front yards with trees along roadways that follow the natural terrain of the land are envisioned for the D-S District. Estate development in a natural setting is the typical realization of the District. The D-S District provides for single-family residential lots consisting of at least one acre. A typical density for the D-S District is 0.4 units per gross acre. This District fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. Development plans would likely use the cluster option when subdividing and 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

Metro Context Area

Permitted uses

Include but are not limited to:

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

Property details

Parking

Parking Information
Parking Features: Detached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 3415
Living Area: 2397
Main Level Sq. Ft.: 1347
Upper Level Sq. Ft.: 1050
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
# of Upper Bedrooms: 2
# of Bedrooms Main: 1
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 3
Full Bathrooms MU: 1

Room 1 Information
Room Type: Bedroom 2
Room Features: Laminate Hardwood
Room Dimensions: 13x12
Room Level: Upper

Room 2 Information
Room Type: Bedroom 3
Room Features: Laminate Hardwood
Room Dimensions: 12x12
Room Level: Upper

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

Room 4 Information
Room Type: Living Room
Room Features: Engineered Hardwood
Room Dimensions: 18x13
Room Level: Main

Room 5 Information
Room Dimensions: 13x13
Room Level: Main

Room 6 Information
Room Type: Breakfast Room
Room Features: Engineered Hardwood
Room Dimensions: 9x8
Room Level: Main

Other Rooms Information
Rooms Upper: 2
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 7

Basement Information
Has Basement
Basement Features: Unfinished

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Living Room

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

Interior Features
Interior Features: Attic Access, Eat-in Kitchen
Appliances: None, Electric Water Heater

Exterior

Building Information
Percent Optional Level Finished: 0-25%

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Not Applicable
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/2-1 Acre

Lot Information
Lot Size Acres: 0.57

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Municipal/City
Solid Waste Information: No

Location

School Information
High School District: MSD Washington Township

Location Information
Directions: MICHIGAN RD NORTH OF GRANDVIEW IS 51ST ST. HOME ON WEST SIDE OF STREET.
Tax Legal Description: 288.72FT NL 84.83FT ON RD

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,658
Stories: 1.0
Lot Size: 0.57 acres
Style: Single Family Residential
Year Built: 1938
Year Renovated: 1954
County: Marion County
APN: 490610111011000800

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: armstrongrebrokerage@gmail.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Aluminum Siding, Brick
Levels: One and One Half

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

$231,000 – $280,000

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Home values near 5120 Michigan Rd

Data from public records.

Address	Redfin Estimate
5205 Michigan Road, Indianapolis, IN 2 Beds \| 1 Baths \| 1919 Sq. Ft.	$192,344
5146 Michigan Road, Indianapolis, IN 3 Beds \| - Baths \| 2340 Sq. Ft.	$243,249

Address	Redfin Estimate
5202 Michigan Road, Indianapolis, IN 2 Beds \| - Baths \| 2508 Sq. Ft.	$285,430
5145 Michigan Road, Indianapolis, IN 4 Beds \| 1.5 Baths \| 3114 Sq. Ft.	$275,199

Address	Redfin Estimate
5125 Michigan Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1317 Sq. Ft.	$261,010
5118 Michigan Road, Indianapolis, IN 1 Beds \| - Baths \| 863 Sq. Ft.	$148,950

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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