Why rent when you can own? This 3 bedroom, 2.5 bath home sits on one of the largest lots in the neighborhood and backs up to wooded landscape with plenty of nature trails. Huge side yard with this home, plenty of green space. Open layoutu on main level with great room, dining area, kitchen, and laundry room. Neutral decor / colors throughout make this the perfect turn-key opportunity for you. Stable and established neighborhood with playground. Close to interstate and located in Decatur Township School District. Hurry...this will not last!
Single-familyProperty Type
1998Year Built
7,187 sq ftLot Size
$162Price/Sq.Ft.
$10/moHOA Dues
2 car garageParking
Listed by Scott Armstrong• Armstrong Real Estate Brokerag
Bought with Non-BLC Member• MIBOR REALTOR® Association
Est. $1,588 per month, based on comparable rentals
Sale and tax history for 5420 Milhouse Rd
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22100548
Jul 1, 2026
Sold
$223,000
$162/sq ft
May 10, 2026
Pending
—
May 7, 2026
Listed
$209,900
$153/sq ft
MIBOR as Distributed by MLS Grid #21868809
Sep 1, 2022
Sold
$225,000
$164/sq ft
Jul 13, 2022
Pending
—
Jul 7, 2022
Listed
$230,000
$167/sq ft
+22
Welcome Home! This 3 Bed 2.5 Bath Home Has One Of the Largest Lots In The Neighborhood! Home Backs Up To A Scenic Wooded Landscape With Nature Trails, A Huge Side Yard, And A Secluded And Peaceful Back Deck That Will Make You Forget You Have Neighbors. Tasteful Interior Design With Open Concept Main Floor. You Will Appreciate This Easy To Maintain Home And Courteous Neighbors. Located In An Established, Calm And Well Maintained Neighborhood. Sought After Decatur Twp School System (Go Hawks) With Easy Access to The Interstate Just A Few Miles Down The Road.
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
Metro Context Area
Airspace 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
Nov 25, 2025 • Active
Right of way permit-excavation
Grading
Jun 10, 1998 • Final
Master
New construction
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
Parking
Parking Information
Garage SqFt: 400
Parking Features: Attached
Garage Spaces: 2
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 1374
Living Area: 1374
Main Level Sq. Ft.: 688
Upper Level Sq. Ft.: 686
Bedroom Information
# of Upper Bedrooms: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
# of Full Baths (Upper): 2
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Suite,Tub Full
Room 1 Information
Room Type: Dining Room
Room Dimensions: 12x09
Room Level: Main
Room 2 Information
Room Type: Bedroom 2
Room Dimensions: 12x10
Room Level: Upper
Room 3 Information
Room Type: Bedroom 3
Room Dimensions: 13x09
Room Level: Upper
Room 4 Information
Room Type: Kitchen
Room Dimensions: 12x10
Room Level: Main
Room 5 Information
Room Dimensions: 14x12
Room Level: Upper
Room 6 Information
Room Type: Great Room
Room Dimensions: 14x19
Room Level: Main
Other Rooms Information
Rooms Upper: 4
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 9
Fireplace Information
# of Fireplaces: 1
Fireplace Features: Wood Burning
Heating & Cooling
Heating Information: Heat Pump, Electric
Cooling Information: Central Air
Interior Features
Interior Features: Attic Access, Ceiling Vaulted, Walk-in Closet(s), Breakfast Bar
Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Exhaust Fan, Electric Water Heater
Exterior
Exterior Features
Patio And Porch Features: Covered
Exterior Features: Playset
Farm Information
Horse Amenities: None
Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.17
Lot Features: Street Lights, Wooded
Utilities
Utility Information
Utility Prim Sewage Disp: Community Sewer
Water Source: Private
Solid Waste Information: No
Location
HOA Information
Has HOA
Association Fee: $120
Association Fee Frequency: Annually
Association Fee Includes: Insurance, Maintenance, Snow Removal
School Information
High School District: MSD Decatur Township
Location Information
Directions: GPS Friendly
Tax Legal Description: River Run Sec 3 L221
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,378
Stories: 2.0
Lot Size: 7,405 square feet
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Marion County
APN: 491312126011000200
Home facts updated by county records on Jul 29, 2026
Other
Home Information
Foundation Details: Slab
Construction Materials: Brick, Vinyl Siding
Levels: Two
Around this home
Schools
Liberty Early Elementary School
Public PreK-6 • Assigned • 2.6mi
5/10
Decatur Middle School
Public 7-8 • Assigned • 1.4mi
3/10
Decatur Central High School
Public 9-12 • Assigned • 1.3mi
2/10
Provided by GreatSchools
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
Minor risk of severe winds over 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)
33
18
43
26
62
40
69
49
72
54
83
66
87
72
83
65
81
60
71
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$231,000 – $279,000
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