Off Market Feb 2012 for $50K

—

Studio

•

— ba

•

—

sq ft

5408 Chelsea Rd, Indianapolis, IN 46241

About this home

Multi-familyProperty Type

1968Year Built

75 sq ftLot Size

Listed by Richard Costello • Carpenter, REALTORS®

Contact: richandmaggie@callcarpenter.com

Bought with David DeFrantz • DeFrantz Insur. & Realty Agcy

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21135121

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 46241, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.6%

+0.4% MoM

Median sale price

$185K

$20K MoM

Avg. days on market

15d

1 days MoM

Recently sold homes

11 MoM

New listings for sale

NEW 4 HRS AGO
$194,900
2 beds1.5 baths1,596 sq ft
5046 W Caven St, Indianapolis, IN 46241
$155,000
2 beds1 bath840 sq ft
2824 S Rybolt Ave, Indianapolis, IN 46241
$209,900
4 beds2 baths1,327 sq ft
3029 Seerley Creek Dr, Indianapolis, IN 46241
$235,000
3 beds2 baths1,116 sq ft
6524 W Ray St, Indianapolis, IN 46241
$250,000
3 beds2 baths1,112 sq ft
6714 Larkwood Ct, Indianapolis, IN 46241
$150,000
3 beds2 baths1,329 sq ft
3837 Oliver Ave, Indianapolis, IN 46241
$180,000
3 beds1 bath945 sq ft
1122 S Fleming St, Indianapolis, IN 46241
See all

Provided by Redfin

Sale history for 5408 Chelsea Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,531 (−0.6%)

$7,500 + $129,800

$137,300

2024

$3,552 (+7.8%)

$7,500 + $127,600

$135,100

2023

$3,295 (+1.0%)

$7,500 + $127,600

$135,100

2022

$3,263 (+28.7%)

$7,500 + $117,200

$124,700

2021

$2,536 (+14.3%)

$7,500 + $77,800

$85,300

2020

$2,218 (+2.6%)

$7,500 + $77,800

$85,300

2019

$2,162 (+13.9%)

$7,500 + $65,800

$73,300

2018

$1,898 (−1.1%)

$7,500 + $62,600

$70,100

2017

$1,919 (+10.5%)

$7,500 + $58,800

$66,300

2016

$1,736 (+48.8%)

$7,500 + $58,800

$66,300

2015

$1,167 (+24.4%)

$7,500 + $52,000

$59,500

2014

$938 (−2.9%)

$7,500 + $42,200

$49,700

2013

$966

$7,500 + $39,400

$46,900

Tax history for 5408 Chelsea Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,531 (−0.6%)

$7,500 + $129,800

$137,300

2024

$3,552 (+7.8%)

$7,500 + $127,600

$135,100

2023

$3,295 (+1.0%)

$7,500 + $127,600

$135,100

2022

$3,263 (+28.7%)

$7,500 + $117,200

$124,700

2021

$2,536 (+14.3%)

$7,500 + $77,800

$85,300

2020

$2,218 (+2.6%)

$7,500 + $77,800

$85,300

2019

$2,162 (+13.9%)

$7,500 + $65,800

$73,300

2018

$1,898 (−1.1%)

$7,500 + $62,600

$70,100

2017

$1,919 (+10.5%)

$7,500 + $58,800

$66,300

2016

$1,736 (+48.8%)

$7,500 + $58,800

$66,300

2015

$1,167 (+24.4%)

$7,500 + $52,000

$59,500

2014

$938 (−2.9%)

$7,500 + $42,200

$49,700

2013

$966

$7,500 + $39,400

$46,900

*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

Beds

Baths

—

Stories

Lot width

75 ft.

Lot depth

140 ft.

Lot size

10,498 Sq. Ft.

Year renovated

1968

Sq. Ft.

810

Year built

1968

Style

Multi-Family (2-4 Unit)

County

Marion County

APN

491213112066000930

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

COMPACT

AIRSPACE SECONDARY ZONING DISTRICT

TOD

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

Compact Context Area
Airspace Secondary Zoning District
Transit Oriented Development Secondary Zoning District

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
Unit Parking: 2 Car Space

Interior

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

Laundry Room Information
Laundry Features: Connections All

Multi-Family Financial Information
Owner Pays: Taxes, Sewer, Trash Collection, Water
Gross Income: 0
Expenses: 0

Multi-Unit Information
# of Units: 2
Furnished: Unfurnished

Unit Type 1 Information
Kitchen: 0
Levels: 1
Miscellaneous: No Equip
Rent: 500
Rent Frequency: Monthly
Utilities: Fuel Elec, Fuel Elec, Heat Forced

Unit Type 2 Information
Kitchen: 0
Levels: 1
Miscellaneous: No Equip
Rent: 500
Rent Frequency: Monthly
Utilities: Fuel Elec,Heat Forced

Exterior

Property Features
Conversion: No

Property Information
Property Type: Residential Income
Property Sub Type: Duplex

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0
Lot Features: Access

Utilities

Utility Information
Utilities: Cable Available
Solid Waste Information: Yes

Location

School Information
High School District: MSD Wayne Township

Location Information
Directions: West Washington St., South on Lynhurst, approx. 3 blocks, right on Chelsea, home on right.
Tax Legal Description: LINHURST L59

Public facts

Beds: 2
Baths: —
Sq. Ft.: 810
Stories: 1.0
Lot Size: 10,498 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1968
Year Renovated: 1968
County: Marion County
APN: 491213112066000930

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: richandmaggie@callcarpenter.com

Home Information
Construction Materials: Brick
Structure Type: Duplex

Around this home

Schools

Maplewood Elementary School

Public PreK-6 • Assigned • 0.6mi

4/10

Lynhurst 7th & 8th Grade Center

Public 7-8 • Assigned • 1.7mi

3/10

Ben Davis Ninth Grade Center

Public 9 • Assigned • 3.1mi

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 101° 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 • 46241

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

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New listings for sale in 46241

NEW 4 HRS AGO

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5046 W Caven St, Indianapolis, IN 46241

$155,000

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2824 S Rybolt Ave, Indianapolis, IN 46241

$209,900

4 beds2 baths1,327 sq ft

3029 Seerley Creek Dr, Indianapolis, IN 46241

$235,000

3 beds2 baths1,116 sq ft

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$250,000

3 beds2 baths1,112 sq ft

6714 Larkwood Ct, Indianapolis, IN 46241

$150,000

3 beds2 baths1,329 sq ft

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Home values near 5408 Chelsea Rd

Data from public records.

Address	Redfin Estimate
5506 Chelsea Road, Indianapolis, IN 2 Beds \| - Baths \| 810 Sq. Ft.	—
5404 Chelsea Road, Indianapolis, IN 4 Beds \| 1 Baths \| 1560 Sq. Ft.	$175,816

Address	Redfin Estimate
5510 Chelsea Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1092 Sq. Ft.	$234,685
1232 S Biltmore Avenue, Indianapolis, IN 2 Beds \| 1 Baths \| 728 Sq. Ft.	$118,635

Address	Redfin Estimate
5358 Chelsea Road, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$155,668
1216 S Biltmore Avenue, Indianapolis, IN 4 Beds \| 2 Baths \| 3180 Sq. Ft.	$222,364

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2011. This data may not match . Learn more.

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