Google street view image for 5223 Milhouse Rd, Indianapolis, IN 46221

Off market

$193,519

•

1 ba

•

1,200

sq ft

5223 Milhouse Rd, Indianapolis, IN 46221

About this home

5223 Milhouse Rd is a 1,200 square foot house on a 9,148 square foot lot with 3 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $193,519.

Single-familyProperty Type

1996Year Built

9,148 sq ftLot Size

$161Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$193,519

$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.3% lower than the average sale price ($218K) of 6 comparable homes.

SOLD OCT 1, 2026
$220,000
A
3 beds2 baths1,135 sq ft
5391 Milhouse Rd, Indianapolis, IN 46221
SOLD AUG 7, 2026
$240,000
B
3 beds2 baths1,410 sq ft
6210 Cradle River Dr, Indianapolis, IN 46221
SOLD JUL 10, 2026
$195,000
C
3 beds2 baths1,124 sq ft
5309 Scatterwood Ct, Indianapolis, IN 46221
SOLD JUL 22, 2026
$232,000
D
3 beds2 baths1,058 sq ft
5361 W Red River Ct, Indianapolis, IN 46221
SOLD OCT 2, 2026
$207,000
E
3 beds2 baths1,075 sq ft
6136 Rocky River Dr, Indianapolis, IN 46221
SOLD JUN 29, 2026
$215,000
F
3 beds2 baths1,204 sq ft
6414 Long River Ln, Indianapolis, IN 46221

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Earn from this home

Rent

$1,489/mo

Redfin rental estimate

List your home for rent

Market trends in 46221, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.8%

+0.1% MoM

Median sale price

$224K

$7K MoM

Avg. days on market

22d

1 days MoM

Recently sold homes

103

8 MoM

New listings for sale

NEW 5 HRS AGO
$250,000
4 beds2 baths1,188 sq ft
6655 Cordova Dr, Indianapolis, IN 46221
NEW 25 HRS AGO
$349,900
3 beds2.5 baths2,824 sq ft
652 Marion, Indianapolis, IN 46221
$194,900
3 beds1.5 baths1,064 sq ft
5505 Furnas Ct, Indianapolis, IN 46221
$134,900
2 beds1 bath900 sq ft
3317 S Lyons Ave, Indianapolis, IN 46221
$420,000
4 beds3.5 baths2,380 sq ft
5050 W Epler Rd, Indianapolis, IN 46221
$236,000
3 beds2 baths1,173 sq ft
6119 Rocky Riv, Indianapolis, IN 46221
$94,900
2 beds1 bath1,292 sq ft
824 Corrill St, Indianapolis, IN 46221
OPEN SAT, 1PM TO 3PM
$250,000
4 beds2.5 baths1,910 sq ft
6038 Gimbel Cir, Indianapolis, IN 46221
$215,000
3 beds2 baths1,126 sq ft
5916 Rolling Blf, Indianapolis, IN 46221
$130,000
2 beds1 bath836 sq ft
2206 Barrett Ave, Indianapolis, IN 46221
See all

Provided by Redfin

Sale history for 5223 Milhouse Rd

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

Year

Property tax

Land + Additions

Assessment*

2025

$2,132 (−21.3%)

$18,400 + $182,900

$201,300

2024

$2,711 (+1.1%)

$18,400 + $214,700

$233,100

2023

$2,682 (+8.4%)

$18,400 + $214,700

$233,100

2022

$2,474 (+14.1%)

$18,400 + $187,400

$205,800

2021

$2,169 (+16.4%)

$18,400 + $141,700

$160,100

2020

$1,863 (+3.2%)

$18,400 + $141,700

$160,100

2019

$1,806 (+8.9%)

$18,400 + $126,600

$145,000

2018

$1,658 (+9.5%)

$18,400 + $113,500

$131,900

2017

$1,514 (+5.2%)

$18,400 + $92,700

$111,100

2016

$1,440 (+8.8%)

$18,400 + $92,700

$111,100

2015

$1,324 (+5.8%)

$18,400 + $87,300

$105,700

2014

$1,252 (+14.2%)

$18,400 + $86,100

$104,500

2013

$1,096

$18,400 + $80,600

$99,000

Tax history for 5223 Milhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,132 (−21.3%)

$18,400 + $182,900

$201,300

2024

$2,711 (+1.1%)

$18,400 + $214,700

$233,100

2023

$2,682 (+8.4%)

$18,400 + $214,700

$233,100

2022

$2,474 (+14.1%)

$18,400 + $187,400

$205,800

2021

$2,169 (+16.4%)

$18,400 + $141,700

$160,100

2020

$1,863 (+3.2%)

$18,400 + $141,700

$160,100

2019

$1,806 (+8.9%)

$18,400 + $126,600

$145,000

2018

$1,658 (+9.5%)

$18,400 + $113,500

$131,900

2017

$1,514 (+5.2%)

$18,400 + $92,700

$111,100

2016

$1,440 (+8.8%)

$18,400 + $92,700

$111,100

2015

$1,324 (+5.8%)

$18,400 + $87,300

$105,700

2014

$1,252 (+14.2%)

$18,400 + $86,100

$104,500

2013

$1,096

$18,400 + $80,600

$99,000

*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

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Dwelling District Four

The D-4 District is intended for low or medium intensity single-family and two-family residential development. Land in this District needs good thoroughfare access, relatively flat topography, and nearby community and neighborhood services and facilities with pedestrian linkages. Provisions for recreational facilities serving the neighborhood within walking distance are vitally important. Trees fulfill an important cooling and drainage role for the individual lots in this District. The D-4 District has a typical density of 4.2 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 conditions, 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

Sep 9, 2010 • Final

Structural permit-1-2 family-pool-above ground

Install a new in-ground pool with concrete decking and a fence.

Grading

Pool and hot tub

Jul 26, 2010 • Final

Right of way permit-excavation

Gas

Grading

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 Full Baths: 1
# of Bathroom Fixtures: 8

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Heat Pump

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

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family

Pool Information
Has Pool

Property Information
Subdivision Name: RIVER RUN SEC 1
Living Sq. Ft: 1,200
Adjusted Gross Sq. Ft: 1,200
Ground Floor Sq. Ft: 1,200
Building Sq. Ft: 1,600
# of Stories: 1
Legal Description: RIVER RUN SEC 1 L085

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 400
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 9,148
Legal Lot Number: 85
Municipality Name: DECATUR, OUTSIDE
Acres: 0.21
Depth Footage: 117
Front Footage: 75
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Location Information
Parcel Location Influence: Extra Front

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,200
Stories: 1.0
Lot Size: 9,148 square feet
Style: Single Family Residential
Year Built: 1996
Year Renovated: 1996
County: Marion County
APN: 491407103032000200

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Liberty Early Elementary School

Public PreK-6 • Assigned • 2.8mi

5/10

Decatur Middle School

Public 7-8 • Assigned • 1.8mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 1.6mi

2/10

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

4/10 Heat Factor

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

2/10 Wind Factor

0% 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)

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

$184,000 – $223,000

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

Nearby similar homes

$420,000

4 beds3.5 baths2,380 sq ft

5050 W Epler Rd, Indianapolis, IN 46221

NEW CONSTRUCTION

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4029 Ridgeway Dr, Indianapolis, IN 46221

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4 beds2.5 baths1,988 sq ft

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3D WALKTHROUGH

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New listings for sale in 46221

NEW 5 HRS AGO

$250,000

4 beds2 baths1,188 sq ft

6655 Cordova Dr, Indianapolis, IN 46221

NEW 25 HRS AGO

$349,900

3 beds2.5 baths2,824 sq ft

652 Marion, Indianapolis, IN 46221

$194,900

3 beds1.5 baths1,064 sq ft

5505 Furnas Ct, Indianapolis, IN 46221

$134,900

2 beds1 bath900 sq ft

3317 S Lyons Ave, Indianapolis, IN 46221

$420,000

4 beds3.5 baths2,380 sq ft

5050 W Epler Rd, Indianapolis, IN 46221

$236,000

3 beds2 baths1,173 sq ft

6119 Rocky Riv, Indianapolis, IN 46221

$94,900

2 beds1 bath1,292 sq ft

824 Corrill St, Indianapolis, IN 46221

OPEN SAT, 1PM TO 3PM

$250,000

4 beds2.5 baths1,910 sq ft

6038 Gimbel Cir, Indianapolis, IN 46221

$215,000

3 beds2 baths1,126 sq ft

5916 Rolling Blf, Indianapolis, IN 46221

Home values near 5223 Milhouse Rd

Data from public records.

Address	Redfin Estimate
5226 Milhouse Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1135 Sq. Ft.	$204,545
5208 Milhouse Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1562 Sq. Ft.	$223,301

Address	Redfin Estimate
5207 Milhouse Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$221,910
5147 Milhouse Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1472 Sq. Ft.	$238,779

Address	Redfin Estimate
5159 Milhouse Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$209,949
5213 Milhouse Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1187 Sq. Ft.	$224,489

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