OFF MARKET

Off Market Feb 2025 for $220K

$239,639

•

2,004

sq ft

5233 Chelsea Rd, Indianapolis, IN 46241

About this home

Welcome to your new home! This beautifully updated 3-bedroom, 2-bathroom bungalow, featuring durable concrete board siding and nestled on a spacious, wooded double lot, is move-in ready and perfect for its next owners. Start by pulling into the newly extended driveway and relaxing on the charming covered front porch. Inside, you'll be greeted by an inviting foyer with stunning picture windows and a cozy wood-burning fireplace, ideal for unwinding. The home boasts a fully renovated kitchen with new cabinets and stainless steel appliances, including a gas range and double oven. New hardwood floors flow throughout much of the home, beautifully complemented by remodeled bathrooms. The primary bedroom suite features a luxurious tiled shower, and the convenience of a laundry room connected to the primary bedroom adds extra practicality. The block basement, equipped with a sump pump, offers additional storage and space. Step outside to the fully fenced backyard, where mature trees and a 13' x 13' gazebo with electricity, ceiling fan, light, and included outdoor furniture create a perfect outdoor retreat. The fully finished 2-room garage/workshop is insulated, heated, and cooled, with electricity, flooring, and drywall, offering endless possibilities for use. Easy access to IND airport and just minutes from all the dining and entertainment options the Town of Speedway has to offer-including the iconic Indianapolis Motor Speedway, home of the Greatest Spectacle in Racing-this property provides both convenience and charm. Whether you're looking for a primary residence, an Airbnb, or an investment opportunity, this home is a must-see to truly appreciate all it has to offer!

Single-familyProperty Type

1936Year Built

0.63 acresLot Size

$120Est. Price/Sq.Ft.

3 car garageParking

Listed by Adam LaFlower • Keller Williams Indy Metro Partners

Contact: adamlaflower@kw.com

Bought with Jenny Lauck • Lauck Real Estate Sevices, LLC

Bought with Anthony Lauck • Lauck Real Estate Sevices, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22016943

Redfin Estimate

$239,639

$20K since sold in February 2025$5,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 26.6% higher than the average sale price ($189K) of 6 comparable homes.

SOLD JUN 18, 2026
$237,900
A
3 beds2 baths1,440 sq ft
702 S Fuller Dr, Indianapolis, IN 46241
SOLD SEP 23, 2025
$190,000
B
3 beds2 baths1,431 sq ft
5110 Chelsea Rd, Indianapolis, IN 46241
SOLD SEP 12, 2025
$199,900
C
3 beds1 bath2,006 sq ft
5516 W Minnesota St, Indianapolis, IN 46241
SOLD JUL 6, 2026
$170,000
D
3 beds1 bath1,968 sq ft
724 S Worth Ave, Indianapolis, IN 46241
SOLD JUL 1, 2026
$154,000
E
4 beds2 baths2,170 sq ft
1020 Denison St, Indianapolis, IN 46241
SOLD OCT 1, 2025
$184,000
F
3 beds2 baths1,398 sq ft
639 S Worth Ave, Indianapolis, IN 46241

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Earn from this home

Sell

$52,799

Est. take-home

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Rent

$1,606/mo

Redfin rental estimate

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Market trends in 46241, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.6%

+0.4% MoM

Median sale price

$185K

$20K MoM

Avg. days on market

15d

1 days MoM

Recently sold homes

11 MoM

New listings for sale

NEW 4 HRS AGO
$194,900
2 beds1.5 baths1,596 sq ft
5046 W Caven St, Indianapolis, IN 46241
$155,000
2 beds1 bath840 sq ft
2824 S Rybolt Ave, Indianapolis, IN 46241
$209,900
4 beds2 baths1,327 sq ft
3029 Seerley Creek Dr, Indianapolis, IN 46241
$235,000
3 beds2 baths1,116 sq ft
6524 W Ray St, Indianapolis, IN 46241
$250,000
3 beds2 baths1,112 sq ft
6714 Larkwood Ct, Indianapolis, IN 46241
$150,000
3 beds2 baths1,329 sq ft
3837 Oliver Ave, Indianapolis, IN 46241
$180,000
3 beds1 bath945 sq ft
1122 S Fleming St, Indianapolis, IN 46241
See all

Provided by Redfin

Sale history for 5233 Chelsea Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,230 (−2.6%)

$10,100 + $164,500

$174,600

2024

$2,290 (+2.6%)

$10,100 + $151,200

$161,300

2023

$2,232 (+0.4%)

$10,100 + $151,200

$161,300

2022

$2,223 (+906.4%)

$10,100 + $145,700

$155,800

2021

$221 (−7.9%)

$10,100 + $62,600

$72,700

2020

$240 (−8.2%)

$10,100 + $62,600

$72,700

2019

$261 (−24.4%)

$10,100 + $62,600

$72,700

2018

$345 (+3.6%)

$10,100 + $55,800

$65,900

2017

$333 (+1.6%)

$10,100 + $49,000

$59,100

2016

$328 (+238.1%)

$10,100 + $49,000

$59,100

2014

$97 (−42.3%)

$10,100 + $46,700

$56,800

2013

$168

$10,100 + $45,800

$55,900

Tax history for 5233 Chelsea Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,230 (−2.6%)

$10,100 + $164,500

$174,600

2024

$2,290 (+2.6%)

$10,100 + $151,200

$161,300

2023

$2,232 (+0.4%)

$10,100 + $151,200

$161,300

2022

$2,223 (+906.4%)

$10,100 + $145,700

$155,800

2021

$221 (−7.9%)

$10,100 + $62,600

$72,700

2020

$240 (−8.2%)

$10,100 + $62,600

$72,700

2019

$261 (−24.4%)

$10,100 + $62,600

$72,700

2018

$345 (+3.6%)

$10,100 + $55,800

$65,900

2017

$333 (+1.6%)

$10,100 + $49,000

$59,100

2016

$328 (+238.1%)

$10,100 + $49,000

$59,100

2014

$97 (−42.3%)

$10,100 + $46,700

$56,800

2013

$168

$10,100 + $45,800

$55,900

*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

100 ft.

Lot depth

273 ft.

Lot size

0.63 Acres

Year renovated

1936

Sq. Ft.

1,444

Year built

1936

Style

Single Family Residential

County

Marion County

APN

491118110010000930

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

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

Property details

Parking

Parking Information
Garage SqFt: 960
Parking Features: Detached
Garage Spaces: 3
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2004
Living Area: 1444
Main Level Sq. Ft.: 1444
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
Primary Bedroom Description: Closet Walk in
# 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

Room 1 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 26x12
Room Level: Main

Room 2 Information
Room Type: Foyer
Room Features: Hardwood
Room Dimensions: 13x10
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Hardwood
Room Dimensions: 18x17
Room Level: Main

Room 4 Information
Room Type: Laundry
Room Features: Laminate
Room Dimensions: 7x7
Room Level: Main

Room 5 Information
Room Features: Hardwood
Room Dimensions: 13x12
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 13x11
Room Level: Main

Room 7 Information
Room Type: Bedroom 3
Room Features: Hardwood
Room Dimensions: 10x9
Room Level: Main

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

Laundry Room Information
Laundry Features: Main Level

Basement Information
Has Basement
Basement Features: Daylight/Lookout Windows, Interior Entry, Partial

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Living Room, Woodburning Fireplce

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

Interior Features
Interior Features: Attic Access, Hardwood Floors, Eat-in Kitchen, Walk-in Closet(s), Window Bay Bow, Windows Vinyl
Appliances: Dishwasher, Disposal, Gas Water Heater, Laundry Connection in Unit, MicroHood, Double Oven, Gas Oven, Refrigerator

Exterior

Building Information
Percent Optional Level Finished: 0

Exterior Features
Patio And Porch Features: Covered Patio, Covered Porch, Gazebo
Fence YN: Yes
Fencing: Privacy

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/2-1 Acre

Lot Information
Lot Size Acres: 0.63
Lot Features: Mature Trees, Wooded

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Electric: 200+ Amp Service
Utilities: Cable Available, Electricity Connected, Gas, Water Connected
Solid Waste Information: Yes

Location

School Information
High School District: MSD Wayne Township

Location Information
Directions: GPS Friendly
Tax Legal Description: H. H. Hacker's Lynhurst Drive Addition Lot 7 &Lot 8

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,444
Stories: 1.0
Lot Size: 0.63 acres
Style: Single Family Residential
Year Built: 1936
Year Renovated: 1936
County: Marion County
APN: 491118110010000930

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: adamlaflower@kw.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Brick, Cement Siding
Levels: One

Around this home

Schools

Maplewood Elementary School

Public PreK-6 • Assigned • 0.4mi

4/10

Lynhurst 7th & 8th Grade Center

Public 7-8 • Assigned • 1.7mi

3/10

Ben Davis Ninth Grade Center

Public 9 • Assigned • 3.3mi

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

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)

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

$228,000 – $276,000

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Nearby similar homes

$24,900

Land— sq ft

4613 W Caven St, Indianapolis, IN 46241

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3 beds1.5 baths1,040 sq ft

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3 beds1 bath2,350 sq ft

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2 beds1 bath1,488 sq ft

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4 beds2.5 baths1,904 sq ft

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New listings for sale in 46241

NEW 4 HRS AGO

$194,900

2 beds1.5 baths1,596 sq ft

5046 W Caven St, Indianapolis, IN 46241

$155,000

2 beds1 bath840 sq ft

2824 S Rybolt Ave, Indianapolis, IN 46241

$209,900

4 beds2 baths1,327 sq ft

3029 Seerley Creek Dr, Indianapolis, IN 46241

$235,000

3 beds2 baths1,116 sq ft

6524 W Ray St, Indianapolis, IN 46241

$250,000

3 beds2 baths1,112 sq ft

6714 Larkwood Ct, Indianapolis, IN 46241

$150,000

3 beds2 baths1,329 sq ft

3837 Oliver Ave, Indianapolis, IN 46241

$180,000

3 beds1 bath945 sq ft

1122 S Fleming St, Indianapolis, IN 46241

Home values near 5233 Chelsea Rd

Data from public records.

Address	Redfin Estimate
5132 Chelsea Rd, Indianapolis, IN 2 Beds \| 1 Baths \| 768 Sq. Ft.	$135,868
5235 Chelsea Rd, Indianapolis, IN 3 Beds \| - Baths \| 912 Sq. Ft.	$109,474

Address	Redfin Estimate
5201 Chelsea Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1560 Sq. Ft.	$108,623
5220 Chelsea Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 1252 Sq. Ft.	$166,055

Address	Redfin Estimate
5142 Chelsea Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 2080 Sq. Ft.	$192,812
5215 Chelsea Rd, Indianapolis, IN 2 Beds \| - Baths \| 1092 Sq. Ft.	$136,175

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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