5430 Milhouse Rd, Indianapolis, IN 46221

Off market may 2025 for $175K

$187,097

•

960

sq ft

5430 Milhouse Rd, Indianapolis, IN 46221

About this home

Welcome to your serene oasis in Indianapolis! This charming 2-bedroom, 1-bath home, offers a perfect blend of comfort and outdoor tranquility. Nestled on a beautifully wooded, tree-lined setting that provides both privacy and a peaceful atmosphere. Step inside to discover a well-designed 960 square feet of inviting living space, ideal for relaxation or entertaining. The bright and airy layout flows seamlessly, boasting generously sized rooms that provide flexibility to suit your lifestyle. The cozy living area is perfect for unwinding after a long day, while the thoughtfully designed kitchen ensures meal prep is a delight. The outdoor space is an absolute gem! Enjoy family gatherings or peaceful evenings in the fenced yard, where you can fully appreciate the picturesque surroundings. The included mini barn offers additional storage options for gardening tools, outdoor equipment, or hobbies, while the two-car finished garage provides convenience year-round. With its location and charming features, this home is a wonderful opportunity to enjoy the best of suburban living. Whether you're an outdoor enthusiast or simply seeking a peaceful retreat, this property has something for everyone. Don't miss your chance to make it your own! Schedule your private showing today and experience the warmth and charm of this home.

Single-familyProperty Type

1998Year Built

7,187 sq ftLot Size

$195Est. Price/Sq.Ft.

2 car garageParking

Listed by Nancy Warfield • F.C. Tucker Company

Contact: nancy@nancysrealestateteam.com

Bought with Lindsey Smalling • F.C. Tucker Company

Bought with Skylar Peace • F.C. Tucker Company

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22021491

Redfin Estimate

$187,097

$12K since sold in May 2025$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.1% lower than the average sale price ($213K) of 6 comparable homes.

SOLD OCT 2, 2026
$207,000
A
3 beds2 baths1,075 sq ft
6136 Rocky River Dr, Indianapolis, IN 46221
SOLD OCT 1, 2026
$220,000
B
3 beds2 baths1,135 sq ft
5391 Milhouse Rd, Indianapolis, IN 46221
SOLD JUL 22, 2026
$232,000
C
3 beds2 baths1,058 sq ft
5361 W Red River 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 14, 2026
$228,000
E
3 beds2 baths1,462 sq ft
5436 Milhouse Rd, Indianapolis, IN 46221
SOLD JUL 10, 2026
$195,000
F
3 beds2 baths1,124 sq ft
5309 Scatterwood Ct, 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 September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.8%

+0.1% MoM

Median sale price

$224K

$7K MoM

Avg. days on market

22d

1 days MoM

Recently sold homes

103

8 MoM

New listings for sale

NEW 6 HRS AGO
$250,000
4 beds2 baths1,188 sq ft
6655 Cordova Dr, Indianapolis, IN 46221
NEW 27 HRS AGO
$349,900
3 beds2.5 baths2,824 sq ft
652 Marion, Indianapolis, IN 46221
$194,900
3 beds1.5 baths1,064 sq ft
5505 Furnas Ct, Indianapolis, IN 46221
$134,900
2 beds1 bath900 sq ft
3317 S Lyons Ave, Indianapolis, IN 46221
$420,000
4 beds3.5 baths2,380 sq ft
5050 W Epler Rd, Indianapolis, IN 46221
$236,000
3 beds2 baths1,173 sq ft
6119 Rocky Riv, Indianapolis, IN 46221
$94,900
2 beds1 bath1,292 sq ft
824 Corrill St, Indianapolis, IN 46221
OPEN SAT, 1PM TO 3PM
$250,000
4 beds2.5 baths1,910 sq ft
6038 Gimbel Cir, Indianapolis, IN 46221
$215,000
3 beds2 baths1,126 sq ft
5916 Rolling Blf, Indianapolis, IN 46221
$130,000
2 beds1 bath836 sq ft
2206 Barrett Ave, Indianapolis, IN 46221
See all

Provided by Redfin

Sale history for 5430 Milhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,659 (−18.0%)

$17,200 + $140,300

$157,500

2024

$2,023 (+10.9%)

$17,200 + $157,600

$174,800

2023

$1,825 (+9.7%)

$17,200 + $157,600

$174,800

2022

$1,664 (+16.4%)

$17,200 + $141,100

$158,300

2021

$1,429 (+19.0%)

$17,200 + $103,900

$121,100

2020

$1,201 (+3.0%)

$17,200 + $103,900

$121,100

2019

$1,167 (+7.5%)

$17,200 + $92,300

$109,500

2018

$1,085 (+12.9%)

$17,200 + $82,100

$99,300

2017

$962 (+15.9%)

$17,200 + $70,800

$88,000

2016

$830 (+2.1%)

$17,200 + $70,800

$88,000

2015

$813 (+14.2%)

$17,200 + $65,600

$82,800

2014

$712 (+10.6%)

$17,200 + $64,100

$81,300

2013

$644

$17,200 + $60,300

$77,500

Tax history for 5430 Milhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,659 (−18.0%)

$17,200 + $140,300

$157,500

2024

$2,023 (+10.9%)

$17,200 + $157,600

$174,800

2023

$1,825 (+9.7%)

$17,200 + $157,600

$174,800

2022

$1,664 (+16.4%)

$17,200 + $141,100

$158,300

2021

$1,429 (+19.0%)

$17,200 + $103,900

$121,100

2020

$1,201 (+3.0%)

$17,200 + $103,900

$121,100

2019

$1,167 (+7.5%)

$17,200 + $92,300

$109,500

2018

$1,085 (+12.9%)

$17,200 + $82,100

$99,300

2017

$962 (+15.9%)

$17,200 + $70,800

$88,000

2016

$830 (+2.1%)

$17,200 + $70,800

$88,000

2015

$813 (+14.2%)

$17,200 + $65,600

$82,800

2014

$712 (+10.6%)

$17,200 + $64,100

$81,300

2013

$644

$17,200 + $60,300

$77,500

*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

60 ft.

Lot depth

120 ft.

Lot size

7,405 Sq. Ft.

Year renovated

1998

Sq. Ft.

960

Year built

1998

Style

Single Family Residential

County

Marion County

APN

491301118007000200

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

Room 1 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 14x12
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 11x9
Room Level: Main

Room 3 Information
Room Features: Carpet
Room Dimensions: 14x12
Room Level: Main

Room 4 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x11
Room Level: Main

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

Laundry Room Information
Laundry Features: Laundry Closet

Heating & Cooling
Heating Information: Forced Air

Interior Features
Interior Features: Attic Access
Appliances: Microwave, Electric Oven, Range Hood, Refrigerator

Exterior

Exterior Features
Exterior Features: Barn Mini
Fence YN: Yes
Fencing: Privacy

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.17

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Available, Electricity Connected
Solid Waste Information: Yes

Location

School Information
Elementary School: Stephen Decatur Elementary School
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 3 L224

Public facts

Beds: 2
Baths: —
Sq. Ft.: 960
Stories: 1.0
Lot Size: 7,405 square feet
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Marion County
APN: 491301118007000200

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: nancy@nancysrealestateteam.com

Green Information
Green Certification YN: No

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

Around this home

Schools

Liberty Early Elementary School

Public PreK-6 • Assigned • 2.6mi

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

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

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

$178,000 – $216,000

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

Nearby similar homes

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New listings for sale in 46221

NEW 6 HRS AGO

$250,000

4 beds2 baths1,188 sq ft

6655 Cordova Dr, Indianapolis, IN 46221

NEW 27 HRS AGO

$349,900

3 beds2.5 baths2,824 sq ft

652 Marion, Indianapolis, IN 46221

$194,900

3 beds1.5 baths1,064 sq ft

5505 Furnas Ct, Indianapolis, IN 46221

$134,900

2 beds1 bath900 sq ft

3317 S Lyons Ave, Indianapolis, IN 46221

$420,000

4 beds3.5 baths2,380 sq ft

5050 W Epler Rd, Indianapolis, IN 46221

$236,000

3 beds2 baths1,173 sq ft

6119 Rocky Riv, Indianapolis, IN 46221

$94,900

2 beds1 bath1,292 sq ft

824 Corrill St, Indianapolis, IN 46221

OPEN SAT, 1PM TO 3PM

$250,000

4 beds2.5 baths1,910 sq ft

6038 Gimbel Cir, Indianapolis, IN 46221

$215,000

3 beds2 baths1,126 sq ft

5916 Rolling Blf, Indianapolis, IN 46221

Home values near 5430 Milhouse Rd

Data from public records.

Address	Redfin Estimate
5415 Milhouse Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1168 Sq. Ft.	$213,194
5446 Milhouse Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1828 Sq. Ft.	$245,839

Address	Redfin Estimate
5420 Milhouse Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1374 Sq. Ft.	$232,889
5426 Milhouse Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$214,590

Address	Redfin Estimate
5437 Milhouse Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1038 Sq. Ft.	$208,817
5424 Milhouse Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1848 Sq. Ft.	$259,322

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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