5306 Choctaw Ridge Way is a 3,000 square foot house on a 10,019 square foot lot with 4 bedrooms and 2.5 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $320,867.
Single-familyProperty Type
2004Year Built
10,019 sq ftLot Size
$107Est. Price/Sq.Ft.
3 spacesParking
Source:Public Records
Redfin Estimate
$320,867
$5,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 0.4% higher than the average sale price ($319K) 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
$3,122 (−4.7%)
$34,900 + $296,200
$331,100
2024
$3,278 (+2.1%)
$34,900 + $282,000
$316,900
2023
$3,211 (+3.4%)
$34,900 + $282,000
$316,900
2022
$3,105 (+23.1%)
$34,900 + $275,300
$310,200
2021
$2,522 (+9.8%)
$34,900 + $206,800
$241,700
2020
$2,298 (+2.3%)
$34,900 + $206,800
$241,700
2019
$2,247 (+7.2%)
$34,900 + $184,600
$219,500
2018
$2,096 (+6.3%)
$25,100 + $185,500
$210,600
2017
$1,973 (+4.9%)
$25,100 + $159,200
$184,300
2016
$1,880 (+26.7%)
$25,100 + $159,200
$184,300
2015
$1,484 (+0.7%)
$25,100 + $150,400
$175,500
2014
$1,473 (+4.5%)
$25,100 + $119,700
$144,800
2013
$1,409
$25,100 + $118,600
$143,700
Tax history for 5306 Choctaw Ridge Way
Year
Property tax
Land + Additions
Assessment*
2025
$3,122 (−4.7%)
$34,900 + $296,200
$331,100
2024
$3,278 (+2.1%)
$34,900 + $282,000
$316,900
2023
$3,211 (+3.4%)
$34,900 + $282,000
$316,900
2022
$3,105 (+23.1%)
$34,900 + $275,300
$310,200
2021
$2,522 (+9.8%)
$34,900 + $206,800
$241,700
2020
$2,298 (+2.3%)
$34,900 + $206,800
$241,700
2019
$2,247 (+7.2%)
$34,900 + $184,600
$219,500
2018
$2,096 (+6.3%)
$25,100 + $185,500
$210,600
2017
$1,973 (+4.9%)
$25,100 + $159,200
$184,300
2016
$1,880 (+26.7%)
$25,100 + $159,200
$184,300
2015
$1,484 (+0.7%)
$25,100 + $150,400
$175,500
2014
$1,473 (+4.5%)
$25,100 + $119,700
$144,800
2013
$1,409
$25,100 + $118,600
$143,700
*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
Dec 6, 2021 • Final
Heating & cooling - 1-2 family
Replace the existing air conditioning system with a new air conditioning system.
HVAC
Dec 27, 2004 • Final
Master
Construct a third car garage and a sunroom with a brick wrap exterior.
Addition
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 1/2 Baths: 1
# of Bathroom Fixtures: 13
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: 2,772
Adjusted Gross Sq. Ft: 2,772
Ground Floor Sq. Ft: 1,256
Building Sq. Ft: 3,352
# of Stories: 2
Legal Description: WILDCAT RUN SEC 17 L 820
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 580
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,019
Legal Lot Number: 820
Municipality Name: FRANKLIN, OUTSIDE
Acres: 0.23
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 3,000
Stories: 2.0
Parking Spaces: 3
Basement: No
Accessible: No
Lot Size: 10,019 square feet
Style: Single Family Residential
Year Built: 2004
Year Renovated: 2024
County: Marion County
APN: 491501105002000300
HOA Dues: $32/month
Garage: Yes
Features: Views
Home facts updated by owner on Feb 17, 2024
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
$313,000 – $379,000
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