5251 Choctaw Ridge Way is a 2,980 square foot house on a 8,451 square foot lot with 4 bedrooms and 1.5 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $338,418.
Single-familyProperty Type
2004Year Built
8,451 sq ftLot Size
$114Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$338,418
$9,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 3.1% higher than the average sale price ($328K) 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
$3,642 (−3.5%)
$29,400 + $353,700
$383,100
2024
$3,773 (+2.1%)
$29,400 + $337,000
$366,400
2023
$3,696 (+3.6%)
$29,400 + $337,000
$366,400
2022
$3,568 (+24.7%)
$29,400 + $329,000
$358,400
2021
$2,861 (+10.3%)
$29,400 + $246,000
$275,400
2020
$2,595 (+4.4%)
$29,400 + $246,000
$275,400
2019
$2,487 (+7.4%)
$29,400 + $219,600
$249,000
2018
$2,316 (+6.6%)
$21,100 + $217,300
$238,400
2017
$2,172 (+5.1%)
$21,100 + $186,300
$207,400
2016
$2,066 (+6.8%)
$21,100 + $186,300
$207,400
2015
$1,934 (+0.7%)
$21,100 + $176,000
$197,100
2014
$1,920 (+4.0%)
$21,100 + $172,300
$193,400
2013
$1,847
$21,100 + $171,000
$192,100
Tax history for 5251 Choctaw Ridge Way
Year
Property tax
Land + Additions
Assessment*
2025
$3,642 (−3.5%)
$29,400 + $353,700
$383,100
2024
$3,773 (+2.1%)
$29,400 + $337,000
$366,400
2023
$3,696 (+3.6%)
$29,400 + $337,000
$366,400
2022
$3,568 (+24.7%)
$29,400 + $329,000
$358,400
2021
$2,861 (+10.3%)
$29,400 + $246,000
$275,400
2020
$2,595 (+4.4%)
$29,400 + $246,000
$275,400
2019
$2,487 (+7.4%)
$29,400 + $219,600
$249,000
2018
$2,316 (+6.6%)
$21,100 + $217,300
$238,400
2017
$2,172 (+5.1%)
$21,100 + $186,300
$207,400
2016
$2,066 (+6.8%)
$21,100 + $186,300
$207,400
2015
$1,934 (+0.7%)
$21,100 + $176,000
$197,100
2014
$1,920 (+4.0%)
$21,100 + $172,300
$193,400
2013
$1,847
$21,100 + $171,000
$192,100
*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
D3
METRO
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
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
Jan 10, 2005 • Active
Electrical permit-1-2 family-new install
Electrical
Dec 15, 2004 • Final
Right of way permit-excavation
Install a water tap.
Plumbing
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
Basement Information
Basement Sq. Ft: 960
Basement Type: Partial
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 12
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Steel
Has Fireplace
Room Information
# of Rooms: 11
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family
Property Information
Subdivision Name: WILDCAT RUN SEC 17
Living Sq. Ft: 2,980
Adjusted Gross Sq. Ft: 3,940
Ground Floor Sq. Ft: 1,345
Building Sq. Ft: 4,580
# of Stories: 2
Legal Description: WILDCAT RUN SEC 17 L 770
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 640
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,451
Legal Lot Number: 770
Municipality Name: FRANKLIN, OUTSIDE
Acres: 0.194
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 1.5
Sq. Ft.: 2,980
Stories: 2.0
Lot Size: 8,451 square feet
Style: Single Family Residential
Year Built: 2004
Year Renovated: 2004
County: Marion County
APN: 491501105007000300
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Thompson Crossing Elementary School
Public K-3 • Assigned • 0.2mi
5/10
Franklin Central Junior High
Public 7-8 • Assigned • 3.0mi
5/10
Franklin Central High School
Public 9-12 • Assigned • 1.4mi
7/10
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 102° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46239
Average low and high temperatures (°F)
32
17
41
25
60
39
68
47
71
53
82
65
86
70
81
63
80
58
70
47
53
38
41
27
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
$322,000 – $390,000
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