Google street view image for 5311 Milhouse Rd, Indianapolis, IN 46221

OFF MARKET

$244,087

•

2,162

sq ft

5311 Milhouse Rd, Indianapolis, IN 46221

About this home

5311 Milhouse Rd is a 2,162 square foot house on a 7,405 square foot lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $244,087.

Single-familyProperty Type

1996Year Built

7,405 sq ftLot Size

$113Est. Price/Sq.Ft.

2 garage spacesParking

Source:Public Records

Redfin Estimate

$244,087

$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.7% higher than the average sale price ($238K) of 6 comparable homes.

SOLD AUG 14, 2026
$228,000
A
3 beds2 baths1,462 sq ft
5436 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 AUG 4, 2026
$233,000
C
3 beds2 baths1,238 sq ft
5127 Sandy Forge Dr, Indianapolis, IN 46221
SOLD JUN 29, 2026
$215,000
D
3 beds2 baths1,204 sq ft
6414 Long River Ln, Indianapolis, IN 46221
SOLD JUN 8, 2026
$235,000
E
3 beds2 baths1,406 sq ft
6564 Devinney Dr, Indianapolis, IN 46221
SOLD AUG 3, 2026
$275,000
F
3 beds2 baths1,780 sq ft
5943 Copeland Mills Dr, Indianapolis, IN 46221

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Earn from this home

Sell

$227,992

Est. take-home

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Rent

$1,656/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%

+0.1% MoM

Median sale price

$232K

$12K MoM

Avg. days on market

21d

4 days MoM

Recently sold homes

113

4 MoM

New listings for sale

NEW 3 HRS AGO
$99,900
4 beds2 baths2,064 sq ft
1134 Blaine Ave, Indianapolis, IN 46221
$170,000
1 bed2 baths1,200 sq ft
1221 Lee St, Indianapolis, IN 46221
$59,900
3 beds1 bath900 sq ft
921 Marion Ave, Indianapolis, IN 46221
$199,000
3 beds1 bath1,414 sq ft
3333 S Mooresville Rd, Indianapolis, IN 46221
$599,900
3 beds2 baths1,856 sq ft
5336 W Epler Rd, Indianapolis, IN 46221
$89,900
2 beds1 bath966 sq ft
2229 Martha St, Indianapolis, IN 46221
3D WALKTHROUGH
$269,900
3 beds2 baths1,338 sq ft
6336 Emerald Springs Dr, Indianapolis, IN 46221
$95,000
2 beds1 bath1,344 sq ft
3333 S Rybolt Ave, Indianapolis, IN 46221
$239,000
4 beds3 baths4,194 sq ft
4407 Mann Rd, Indianapolis, IN 46221
$210,000
3 beds2 baths970 sq ft
5113 Emmert Dr, Indianapolis, IN 46221
See all

Provided by Redfin

Sale history for 5311 Milhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,495 (−18.2%)

$16,700 + $217,700

$234,400

2024

$3,051 (+13.9%)

$16,700 + $244,400

$261,100

2023

$2,679 (+9.9%)

$16,700 + $244,400

$261,100

2022

$2,437 (−40.9%)

$16,700 + $213,200

$229,900

2021

$4,123 (+15.4%)

$16,700 + $158,600

$175,300

2020

$3,572 (+6.5%)

$16,700 + $158,600

$175,300

2019

$3,354 (+10.4%)

$16,700 + $140,800

$157,500

2018

$3,039 (+8.1%)

$16,700 + $125,300

$142,000

2017

$2,812 (+5.7%)

$16,700 + $102,300

$119,000

2016

$2,661 (+5.3%)

$16,700 + $102,300

$119,000

2015

$2,527 (+4.7%)

$16,700 + $96,000

$112,700

2014

$2,413 (+20.0%)

$16,700 + $95,000

$111,700

2013

$2,010

$16,700 + $89,600

$106,300

Tax history for 5311 Milhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,495 (−18.2%)

$16,700 + $217,700

$234,400

2024

$3,051 (+13.9%)

$16,700 + $244,400

$261,100

2023

$2,679 (+9.9%)

$16,700 + $244,400

$261,100

2022

$2,437 (−40.9%)

$16,700 + $213,200

$229,900

2021

$4,123 (+15.4%)

$16,700 + $158,600

$175,300

2020

$3,572 (+6.5%)

$16,700 + $158,600

$175,300

2019

$3,354 (+10.4%)

$16,700 + $140,800

$157,500

2018

$3,039 (+8.1%)

$16,700 + $125,300

$142,000

2017

$2,812 (+5.7%)

$16,700 + $102,300

$119,000

2016

$2,661 (+5.3%)

$16,700 + $102,300

$119,000

2015

$2,527 (+4.7%)

$16,700 + $96,000

$112,700

2014

$2,413 (+20.0%)

$16,700 + $95,000

$111,700

2013

$2,010

$16,700 + $89,600

$106,300

*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

Apr 29, 2024 • Active

Structural - one or two family

Remove and replace windows with new ones of the same size and type. No structural changes are included.

Remodel

Nov 30, 1998 • Active

Electrical permit-1-2 family-alteration-remodel

Electrical

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

Property Information
Subdivision Name: RIVER RUN SEC 1
Living Sq. Ft: 1,762
Adjusted Gross Sq. Ft: 1,762
Ground Floor Sq. Ft: 1,762
Building Sq. Ft: 2,246
# of Stories: 1
Legal Description: RIVER RUN SEC 1 L016

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 484
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 7,405
Legal Lot Number: 16
Municipality Name: DECATUR, OUTSIDE
Acres: 0.17
Depth Footage: 113
Front Footage: 62
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 2,162
Stories: 1.0
Parking Spaces: 4
Basement: No
Accessible: No
Lot Size: 7,405 square feet
Style: Single Family Residential
Year Built: 1996
Year Renovated: 2000
County: Marion County
APN: 491312113005000200
HOA Dues: —
Garage: Yes
Features: Green

Home facts updated by owner on Sep 3, 2018

Around this home

Schools

Liberty Early Elementary School

Public PreK-6 • Assigned • 2.8mi

5/10

Decatur Middle School

Public 7-8 • Assigned • 1.7mi

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

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

$239,000 – $289,000

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Nearby similar homes

$285,000

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3D WALKTHROUGH

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New listings for sale in 46221

NEW 3 HRS AGO

$99,900

4 beds2 baths2,064 sq ft

1134 Blaine Ave, Indianapolis, IN 46221

$170,000

1 bed2 baths1,200 sq ft

1221 Lee St, Indianapolis, IN 46221

$59,900

3 beds1 bath900 sq ft

921 Marion Ave, Indianapolis, IN 46221

$199,000

3 beds1 bath1,414 sq ft

3333 S Mooresville Rd, Indianapolis, IN 46221

$599,900

3 beds2 baths1,856 sq ft

5336 W Epler Rd, Indianapolis, IN 46221

$89,900

2 beds1 bath966 sq ft

2229 Martha St, Indianapolis, IN 46221

3D WALKTHROUGH

$269,900

3 beds2 baths1,338 sq ft

6336 Emerald Springs Dr, Indianapolis, IN 46221

$95,000

2 beds1 bath1,344 sq ft

3333 S Rybolt Ave, Indianapolis, IN 46221

$239,000

4 beds3 baths4,194 sq ft

4407 Mann Rd, Indianapolis, IN 46221

Home values near 5311 Milhouse Rd

Data from public records.

Address	Redfin Estimate
5327 Milhouse Rd, Indianapolis, IN 2 Beds \| 1 Baths \| 960 Sq. Ft.	$188,433
5310 Milhouse Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$247,691

Address	Redfin Estimate
5213 Milhouse Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1187 Sq. Ft.	$228,348
5234 Milhouse Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1187 Sq. Ft.	$214,815

Address	Redfin Estimate
5323 Milhouse Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1184 Sq. Ft.	$205,253
5331 Milhouse Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1075 Sq. Ft.	$205,656

This data may not show owner updates. Learn more.

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