5327 Milhouse Rd, Indianapolis, IN 46221

Off Market Jul 2025 for $205K

$188,433

•

960

sq ft

5327 Milhouse Rd, Indianapolis, IN 46221

About this home

Charming 2-Bedroom Ranch in a Beautiful Suburban Setting! Welcome to this move-in ready, one-story ranch tucked in a peaceful and well-maintained neighborhood just outside Indianapolis. Offering 2 bedrooms and 1 full bath, this home is the perfect fit for first-time buyers, downsizers, or anyone seeking low-maintenance living in a convenient location. Step inside to find a spacious, open-concept living room and kitchen-ideal for entertaining or simply enjoying everyday life. The layout feels bright and airy, with plenty of room to gather or relax. The washer and dryer are included, adding extra convenience for the new owner. This home has been lovingly maintained and thoughtfully updated. The owner has recently replaced the water heater, water softener, outdoor spigot, and shower head, and has kept the furnace regularly serviced for peace of mind. Out back, you'll find a fully privacy-fenced backyard, perfect for pets, gardening, or relaxing in the fresh air. Whether you're hosting a summer cookout or enjoying your morning coffee, this outdoor space is ready for it all. The attached garage is clean and freshly painted, making it ideal as a workshop, hobby space, extra hangout area, or just a handsome place to store cars and tools, is a true luxury. The neighborhood features sidewalks, street lights, and a nearby community park, and is known for its pride of ownership and welcoming feel. With easy access to shops, dining, and commuter routes, this home offers suburban peace with city convenience. Don't miss your chance to make this charming home your own-schedule your showing today!

Single-familyProperty Type

1997Year Built

6,316 sq ftLot Size

$196Est. Price/Sq.Ft.

2 car garageParking

Listed by Anne DeWeese • CENTURY 21 Scheetz

Bought with Amber Vermeulen • Ever Real Estate, LLC

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22018034

Redfin Estimate

$188,433

$17K since sold in July 2025$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.7% lower than the average sale price ($218K) of 6 comparable homes.

SOLD JUL 22, 2026
$232,000
A
3 beds2 baths1,058 sq ft
5361 W Red River Ct, Indianapolis, IN 46221
SOLD JUN 29, 2026
$215,000
B
3 beds2 baths1,204 sq ft
6414 Long River Ln, Indianapolis, IN 46221
SOLD JUL 10, 2026
$195,000
C
3 beds2 baths1,124 sq ft
5309 Scatterwood Ct, Indianapolis, IN 46221
SOLD MAY 29, 2026
$195,000
D
3 beds2 baths1,058 sq ft
6154 Long River Ln, Indianapolis, IN 46221
SOLD AUG 4, 2026
$233,000
E
3 beds2 baths1,238 sq ft
5127 Sandy Forge Dr, Indianapolis, IN 46221
SOLD AUG 7, 2026
$240,000
F
3 beds2 baths1,410 sq ft
6210 Cradle River Dr, Indianapolis, IN 46221

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Earn from this home

Rent

$1,355/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 5 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 5327 Milhouse Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #22018034

Jul 25, 2025

Sold

$205,000

$214/sq ft

Jun 23, 2025

Pending

—

Jun 6, 2025

Listed

$204,900

$213/sq ft

MIBOR as Distributed by MLS Grid #21781035

Jun 17, 2021

Sold

$150,000

$156/sq ft

May 17, 2021

Pending

—

May 16, 2021

Relisted

—

Apr 26, 2021

Pending

—

Apr 23, 2021

Listed

$139,900

$146/sq ft

+18

Whether you’re a first-time homebuyer or someone looking to downsize, this home has much to offer. From the large bedrooms to the open concept floor plan perfect for entertaining, this home doesn’t disappoint. Boasting one of the largest backyards in the neighborhood and the park with walking trails conveniently located across the street, this house is great for outdoor entertainment as well. Schedule your showing today to see for yourself whether this house is perfect for your next home!

MIBOR as Distributed by MLS Grid #21547704

Apr 13, 2018

Sold

$105,250

$110/sq ft

Apr 6, 2018

Pending

—

Feb 23, 2018

Contingent

—

Feb 22, 2018

Listed

$102,500

$107/sq ft

+24

Beautiful ranch home in popular River Run! Check out the huge bedrooms that this house has to offer. Freshly painted throughout the home! The living room is right next to the kitchen making it perfect for entertaining! The new floor in the living room and kitchen seamlessly connects the two rooms together. Perfect for anyone who likes to spend their time outside, as the backyard is one of the largest in the neighborhood and has a park with walking trails on the other side of the street. This would be a great home for anyone, whether you are looking for your first home, or looking to downsize, this house would be perfect for you! Set up a showing today - this won't last long!!

MIBOR as Distributed by MLS Grid #21394859

Mar 29, 2016

Sold

$80,000

$83/sq ft

Feb 22, 2016

Pending

—

Jan 18, 2016

Listed

$82,000

$85/sq ft

MIBOR as Distributed by MLS Grid #21145222

Mar 23, 2012

Listing Removed

—

Oct 6, 2011

Listed

$46,900

$49/sq ft

MIBOR as Distributed by MLS Grid #2550153

Aug 12, 2005

Listed

$78,000

$81/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,749 (−19.1%)

$15,200 + $151,000

$166,200

2024

$2,162 (+12.4%)

$15,200 + $171,700

$186,900

2023

$1,924 (+8.7%)

$15,200 + $171,700

$186,900

2022

$1,769 (+24.5%)

$15,200 + $151,600

$166,800

2021

$1,421 (+19.3%)

$15,200 + $105,200

$120,400

2020

$1,191 (+3.2%)

$15,200 + $105,200

$120,400

2019

$1,154 (+13.3%)

$15,200 + $93,400

$108,600

2018

$1,019 (+13.9%)

$15,200 + $83,100

$98,300

2017

$895 (+14.4%)

$15,200 + $69,900

$85,100

2016

$782 (+3.0%)

$15,200 + $69,900

$85,100

2015

$759 (+14.8%)

$15,200 + $65,500

$80,700

2014

$661 (+5.9%)

$15,200 + $64,000

$79,200

2013

$624

$15,200 + $60,300

$75,500

Tax history for 5327 Milhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,749 (−19.1%)

$15,200 + $151,000

$166,200

2024

$2,162 (+12.4%)

$15,200 + $171,700

$186,900

2023

$1,924 (+8.7%)

$15,200 + $171,700

$186,900

2022

$1,769 (+24.5%)

$15,200 + $151,600

$166,800

2021

$1,421 (+19.3%)

$15,200 + $105,200

$120,400

2020

$1,191 (+3.2%)

$15,200 + $105,200

$120,400

2019

$1,154 (+13.3%)

$15,200 + $93,400

$108,600

2018

$1,019 (+13.9%)

$15,200 + $83,100

$98,300

2017

$895 (+14.4%)

$15,200 + $69,900

$85,100

2016

$782 (+3.0%)

$15,200 + $69,900

$85,100

2015

$759 (+14.8%)

$15,200 + $65,500

$80,700

2014

$661 (+5.9%)

$15,200 + $64,000

$79,200

2013

$624

$15,200 + $60,300

$75,500

*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

53 ft.

Lot depth

119 ft.

Lot size

6,534 Sq. Ft.

Year renovated

2007

Sq. Ft.

960

Year built

1997

Style

Single Family Residential

County

Marion County

APN

491312103060000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

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

Property details

Parking

Parking Information
Garage SqFt: 400
Parking Features: Attached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 960
Living Area: 960
Main Level Sq. Ft.: 960
Upper Level Sq. Ft.: 0

Bedroom Information
# 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
Primary Bathroom Description: Tub Full,Tub Full with Shower

Room 1 Information
Room Dimensions: 14x13
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Dimensions: 12x11
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 13x13
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Dimensions: 16x14
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 4
Rooms Basement: 0
# of Rooms: 4

Heating & Cooling
Heating Information: Electric, Forced Air, Heat Pump
Cooling Information: Central Air

Interior Features
Interior Features: Breakfast Bar, High Ceilings, Eat-in Kitchen
Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned

Exterior

Exterior Features
Fence YN: Yes
Fencing: Full, Privacy

Farm Information
Horse Amenities: None

Property Information
Ownership Interest Types: Mandatory Fee
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.15
Lot Features: Sidewalks, Street Lights, Suburb

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Solid Waste Information: No

Location

HOA Information
Has HOA
Association Amenities: Maintenance, Park, Playground, Snow Removal
Association Fee: $220
Association Fee Frequency: Annually
Association Fee Includes: Association Home Owners, Entrance Common, Maintenance, ParkPlayground, Snow Removal

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

Location Information
Directions: GPS Friendly
Tax Legal Description: River Run Sec 2 L131

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 960
Stories: 1.0
Lot Size: 6,534 square feet
Style: Single Family Residential
Year Built: 1997
Year Renovated: 2007
County: Marion County
APN: 491312103060000200

Home facts updated by county records on Jul 29, 2026

Other

Home Information
Foundation Details: Slab
Construction Materials: Vinyl With Brick
Levels: One

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

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

$180,000 – $217,000

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 5 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

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Home values near 5327 Milhouse Rd

Data from public records.

Address	Redfin Estimate
5347 Milhouse Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1075 Sq. Ft.	$221,178
5343 Milhouse Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1135 Sq. Ft.	$224,011

Address	Redfin Estimate
5339 Milhouse Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1104 Sq. Ft.	$221,809
5310 Milhouse Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1400 Sq. Ft.	$249,342

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

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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