OFF MARKET

Off Market Nov 2023 for $103K

$112,655

•

816

sq ft

5306 Margate Rd, Indianapolis, IN 46221

About this home

Captivating price for this ranch style home on double lot in Decatur Township. Mature landscaping & trees, storage shed, detached 2-car garage, spacious wood deck on front of home, open patio. Exterior appears to have newer vinyl siding & replacement windows, dimensional shingles. Interior features newer LVP flooring, water heater, kitchen cabinets & counters & remodeled bathroom. Open floor plan with dining area, laundry room, great room & kitchen. Incredible value & a must see!

Single-familyProperty Type

1951Year Built

0.32 acresLot Size

$138Est. Price/Sq.Ft.

2 car garageParking

Listed by Chris Price • Keller Williams Indy Metro Partners

Contact: chrisprice@indypropertysource.com

Bought with Tamela Burton • Keller Williams Indy Metro Partners

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21926907

Redfin Estimate

$112,655

$9,055 since sold in November 2023$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 36.9% lower than the average sale price ($179K) of 6 comparable homes.

SOLD MAY 5, 2026
$205,000
A
3 beds1 bath1,200 sq ft
5412 Margate Rd, Indianapolis, IN 46221
SOLD FEB 19, 2026
$125,000
B
2 beds1 bath840 sq ft
5312 W Mooresville Rd, Indianapolis, IN 46221
SOLD JUN 1, 2026
$182,000
C
2 beds1 bath780 sq ft
5429 W Mooresville Rd, Indianapolis, IN 46221
SOLD JUL 27, 2026
$179,900
D
3 beds1 bath912 sq ft
5012 Gambel Rd, Indianapolis, IN 46221
SOLD OCT 6, 2025
$165,000
E
3 beds1 bath1,728 sq ft
5419 W Mooresville Rd, Indianapolis, IN 46221
SOLD JUL 27, 2026
$215,000
F
3 beds2 baths1,248 sq ft
4221 Solun Rd, Indianapolis, IN 46221

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Earn from this home

Rent

$1,298/mo

Redfin rental estimate

List your home for rent

Market trends in 46221, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.6%

0.4% MoM

Median sale price

$220K

$11K MoM

Avg. days on market

25d

6 days MoM

Recently sold homes

112

10 MoM

New listings for sale

NEW 3 HRS AGO
$170,000
3 beds2 baths1,201 sq ft
6613 Nodlehs Dr, Indianapolis, IN 46221
$105,000
3 beds1 bath2,496 sq ft
840 S Pershing Ave, Indianapolis, IN 46221
OPEN SAT, 1PM TO 3PM
$285,000
3 beds2 baths2,148 sq ft
5514 Winship Ct, Indianapolis, IN 46221
$279,500
4 beds3 baths2,300 sq ft
5415 W Mooresville Rd, Indianapolis, IN 46221
3D WALKTHROUGH
$210,000
4 beds2 baths1,192 sq ft
6864 Cordova Dr, Indianapolis, IN 46221
$235,000
3 beds2 baths1,216 sq ft
5742 Ashcroft Dr, Indianapolis, IN 46221
$160,000
3 beds1 bath936 sq ft
3557 Winings Ave, Indianapolis, IN 46221
$335,000
4 beds2.5 baths2,728 sq ft
6127 Maple Branch Pl, Indianapolis, IN 46221
$375,000
3 beds3 baths3,318 sq ft
5640 W Thompson Rd, Indianapolis, IN 46221
$202,000
4 beds1 bath1,386 sq ft
3465 Carr Ave, Indianapolis, IN 46221
See all

Provided by Redfin

Sale history for 5306 Margate Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21926907

Nov 10, 2023

Sold

$103,600

$127/sq ft

Aug 11, 2023

Pending

—

Aug 3, 2023

Relisted

—

Jul 31, 2023

Pending

—

Jun 13, 2023

Listed

$107,000

$131/sq ft

MIBOR as Distributed by MLS Grid #21593852

Oct 25, 2018

Sold

$94,000

$115/sq ft

Sep 19, 2018

Pending

—

Sep 14, 2018

Price Changed

$94,900

$116/sq ft

Sep 5, 2018

Listed

$99,900

$122/sq ft

Step Inside and be Surprised at what this 2 bedroom, ranch on large .32 acre lot has to offer! Beautiful open kitchen with tons of oak cabinetry, lazy Susan, all appliances, updated counters, sink & faucet, formal dining room with wide plank laminate flooring, thick white trim & chandelier, sunny living room with ceiling fan, huge laundry room, totally updated bath and 6-panel doors. Plus, big backyard perfect for cookouts, large front deck and 2-car detached garage. Home warranty attached.

MIBOR as Distributed by MLS Grid #21060516

May 4, 2011

Listing Removed

—

Dec 13, 2010

Listed

$35,000

$43/sq ft

MIBOR as Distributed by MLS Grid #21025741

Aug 11, 2010

Listing Removed

—

May 11, 2010

Listed

$54,900

$67/sq ft

MIBOR as Distributed by MLS Grid #2907751

Feb 17, 2010

Listing Removed

—

Feb 16, 2009

Listed

$59,900

$73/sq ft

MIBOR as Distributed by MLS Grid #2812848

Aug 31, 2008

Listing Removed

—

Mar 3, 2008

Listed

$65,000

$80/sq ft

MIBOR as Distributed by MLS Grid #2724395

Oct 8, 2007

Listing Removed

—

Apr 18, 2007

Listed

$74,500

$91/sq ft

MIBOR as Distributed by MLS Grid #2662438

Apr 8, 2007

Listing Removed

—

Sep 27, 2006

Listed

$75,000

$92/sq ft

MIBOR as Distributed by MLS Grid #2617548

Sep 17, 2006

Listing Removed

—

Mar 17, 2006

Listed

$63,900

$78/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$931 (−15.9%)

$21,600 + $78,900

$100,500

2024

$1,107 (−47.8%)

$21,600 + $80,800

$102,400

2023

$2,120 (+177.7%)

$21,600 + $80,800

$102,400

2022

$764 (−4.5%)

$21,600 + $68,500

$90,100

2021

$800 (+39.1%)

$21,600 + $54,400

$76,000

2020

$575 (−18.9%)

$21,600 + $54,400

$76,000

2019

$709 (+2.9%)

$21,600 + $47,300

$68,900

2018

$689 (+189.1%)

$21,600 + $47,300

$68,900

2017

$238 (+3.7%)

$21,600 + $42,300

$63,900

2016

$230 (+66.7%)

$21,600 + $42,300

$63,900

2015

$138 (+2.2%)

$21,600 + $41,400

$63,000

2014

$135 (+2.3%)

$21,600 + $40,200

$61,800

2013

$132

$21,600 + $39,300

$60,900

Tax history for 5306 Margate Rd

Year

Property tax

Land + Additions

Assessment*

2025

$931 (−15.9%)

$21,600 + $78,900

$100,500

2024

$1,107 (−47.8%)

$21,600 + $80,800

$102,400

2023

$2,120 (+177.7%)

$21,600 + $80,800

$102,400

2022

$764 (−4.5%)

$21,600 + $68,500

$90,100

2021

$800 (+39.1%)

$21,600 + $54,400

$76,000

2020

$575 (−18.9%)

$21,600 + $54,400

$76,000

2019

$709 (+2.9%)

$21,600 + $47,300

$68,900

2018

$689 (+189.1%)

$21,600 + $47,300

$68,900

2017

$238 (+3.7%)

$21,600 + $42,300

$63,900

2016

$230 (+66.7%)

$21,600 + $42,300

$63,900

2015

$138 (+2.2%)

$21,600 + $41,400

$63,000

2014

$135 (+2.3%)

$21,600 + $40,200

$61,800

2013

$132

$21,600 + $39,300

$60,900

*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

140 ft.

Lot size

0.32 Acres

Year renovated

1951

Sq. Ft.

816

Year built

1951

Style

Single Family Residential

County

Marion County

APN

491236115045000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Dwelling District Five

The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.

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

Property details

Parking

Parking Information
Garage SqFt: 480
Garage Parking Other: Service Door,Other
Parking Features: Detached, Asphalt, Storage, Workshop in Garage, Other
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 816
Living Area: 816
Main Level Sq. Ft.: 816
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
Primary Bedroom Description: Bedroom Split
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2

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

Room 1 Information
Room Type: Great Room
Room Features: Luxury Vinyl Plank
Room Dimensions: 17x10
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Features: Luxury Vinyl Plank
Room Dimensions: 14x10
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Luxury Vinyl Plank
Room Dimensions: 14x10
Room Level: Main

Room 4 Information
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Features: Other
Room Dimensions: 12x10
Room Level: Main

Room 6 Information
Room Features: Vinyl
Room Dimensions: 17x7
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 6

Laundry Room Information
Laundry Features: Laundry Room, Main Level, Other

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

Interior Features
Interior Features: Attic Access, Supplemental Storage, Windows Vinyl, Wood Work Painted
Appliances: Dishwasher, Dryer, Electric Water Heater, Kitchen Exhaust, Laundry Connection in Unit, Refrigerator, Water Heater
Areas Interior: Bedroom Other on Main,Laundry in Unit,Utility Room,Other

Exterior

Building Information
Percent Optional Level Finished: 0

Exterior Features
Patio And Porch Features: Deck Main Level, Open Patio, Porch Open
Exterior Features: Barn Mini, Tennis Community
Fencing: Partial

Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
Has View
Has Additional Parcels
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.32
Lot Features: Not In Subdivision, Suburb, Mature Trees, Trees-Small (Under 20 Ft), Wooded, See Remarks, Other

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Municipal/City
Electric: Circuit Breakers
Utilities: Cable Available, Electricity Connected, Gas, Septic System, Water Connected
Solid Waste Information: No

Location

School Information
Elementary School: Blue Academy
Middle Or Junior High School: Decatur Middle School
High School: Decatur Central High School
High School District: MSD Decatur Township

Location Information
Directions: South on Lynurst Drive from Kentucky Avenue. Turn right (west) onto Margate Road to home.
Tax Legal Description: Newlynn L033 & L034

Community Information
Community Features: Street Lights, Suburban

Public facts

Beds: 2
Baths: —
Sq. Ft.: 816
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1951
Year Renovated: 1951
County: Marion County
APN: 491236115045000200

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: chrisprice@indypropertysource.com

Green Information
Green Certification YN: No
Direction Faces: Southeast

Home Information
Foundation Details: Block
Construction Materials: Vinyl Siding
Levels: One

Around this home

Schools

Liberty Early Elementary School

Public PreK-6 • Assigned • 0.8mi

5/10

Decatur Middle School

Public 7-8 • Assigned • 1.8mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 1.8mi

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

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

3/10 Air Factor

3 unhealthy days expected this year, 4 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

$108,000 – $130,000

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

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New listings for sale in 46221

NEW 3 HRS AGO

$170,000

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6613 Nodlehs Dr, Indianapolis, IN 46221

$105,000

3 beds1 bath2,496 sq ft

840 S Pershing Ave, Indianapolis, IN 46221

OPEN SAT, 1PM TO 3PM3D WALKTHROUGH

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3 beds2 baths2,148 sq ft

5514 Winship Ct, Indianapolis, IN 46221

$279,500

4 beds3 baths2,300 sq ft

5415 W Mooresville Rd, Indianapolis, IN 46221

3D WALKTHROUGH

$210,000

4 beds2 baths1,192 sq ft

6864 Cordova Dr, Indianapolis, IN 46221

$235,000

3 beds2 baths1,216 sq ft

5742 Ashcroft Dr, Indianapolis, IN 46221

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3 beds1 bath936 sq ft

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Home values near 5306 Margate Rd

Data from public records.

Address	Redfin Estimate
5310 Margate Road, Indianapolis, IN 4 Beds \| 1 Baths \| 1154 Sq. Ft.	$175,052
5322 Margate Road, Indianapolis, IN 3 Beds \| 1 Baths \| 924 Sq. Ft.	$203,818

Address	Redfin Estimate
5314 Margate Road, Indianapolis, IN 3 Beds \| - Baths \| 720 Sq. Ft.	$136,116
5321 Margate Road, Indianapolis, IN 3 Beds \| - Baths \| 930 Sq. Ft.	$108,834

Address	Redfin Estimate
5324 Margate Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1323 Sq. Ft.	$216,289
5302 Margate Road, Indianapolis, IN 3 Beds \| 1 Baths \| 800 Sq. Ft.	$170,028

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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