OFF MARKET

Off market apr 2018 for $133K

$241,886

•

1,834

sq ft

5432 Milhouse Rd, Indianapolis, IN 46221

About this home

Fabulous 3 bedroom plus loft 2-story that backs to a woods in highly desirable River Run! New gas water heater 2017! New Roof with architectural shingles 2017! New owner's suite over size walk-in shower 2017! All new toilets 2016! Fantastic private home site that backs to woods! Dramatic 2-story vaulted great room! Large breakfast nook and kitchen with plenty of cabinet space! Wonderful wood railing loft that overlooks the great room! Three large bedrooms! Owner's suite has a new oversize walk-in shower! A great value in River Run!

Single-familyProperty Type

1998Year Built

7,841 sq ftLot Size

$132Est. Price/Sq.Ft.

2 car garageParking

Listed by Richard Gillette • Highgarden Real Estate

Contact: kgillette@highgarden.com

Bought with Mitch Rolsky • Keller Williams Indy

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21549064

Redfin Estimate

$241,886

$109K since sold in April 2018$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2% higher than the average sale price ($237K) 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 OCT 1, 2026
$220,000
C
3 beds2 baths1,135 sq ft
5391 Milhouse Rd, Indianapolis, IN 46221
SOLD FEB 27, 2026
$223,000
D
3 beds2.5 baths1,848 sq ft
6412 Cradle River Dr, Indianapolis, IN 46221
SOLD AUG 3, 2026
$275,000
E
3 beds2 baths1,780 sq ft
5943 Copeland Mills Dr, Indianapolis, IN 46221
SOLD MAY 26, 2026
$237,500
F
3 beds2.5 baths1,540 sq ft
5340 W Red River Ct, Indianapolis, IN 46221

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Earn from this home

Sell

$137,917

Est. take-home

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Rent

$1,714/mo

Redfin rental estimate

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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

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Provided by Redfin

Sale history for 5432 Milhouse Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21549064

Apr 30, 2018

Sold

$133,000

$73/sq ft

Mar 22, 2018

Pending

—

Mar 16, 2018

Listed

$139,900

$76/sq ft

MIBOR as Distributed by MLS Grid #21380126

Mar 31, 2016

Sold

$115,000

$63/sq ft

Feb 19, 2016

Pending

—

Dec 8, 2015

Price Changed

$119,500

$65/sq ft

Oct 22, 2015

Price Changed

$123,500

$67/sq ft

Oct 5, 2015

Listed

$125,000

$68/sq ft

+19

This Home is move in ready with new carpeting and fresh paint. Home has vaulted ceiling in great room, breakfast bar with oak cabinets in kitchen. All appliances stay! Open loft above living room easily changed if 4th bedroom needed. Fully fenced back yard. Property has wooded private area behind the fence where neighborhood walking trails are located, but not seen from your patio. Storage barn in yard too. Neighborhood has playground, walking trails and Basketball Cts.

Year

Property tax

Land + Additions

Assessment*

2025

$2,261 (−19.2%)

$17,700 + $197,900

$215,600

2024

$2,798 (+11.2%)

$17,700 + $224,700

$242,400

2023

$2,516 (+10.0%)

$17,700 + $224,700

$242,400

2022

$2,288 (+16.6%)

$17,700 + $201,200

$218,900

2021

$1,962 (+17.5%)

$17,700 + $148,200

$165,900

2020

$1,670 (+5.1%)

$17,700 + $148,200

$165,900

2019

$1,589 (+8.0%)

$17,700 + $131,600

$149,300

2018

$1,470 (+4.9%)

$17,700 + $117,100

$134,800

2017

$1,402 (+7.2%)

$17,700 + $102,000

$119,700

2016

$1,308 (+9.0%)

$17,700 + $102,000

$119,700

2015

$1,200 (+4.4%)

$17,700 + $94,400

$112,100

2014

$1,149 (+15.4%)

$17,700 + $92,200

$109,900

2013

$996

$17,700 + $87,600

$105,300

Tax history for 5432 Milhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,261 (−19.2%)

$17,700 + $197,900

$215,600

2024

$2,798 (+11.2%)

$17,700 + $224,700

$242,400

2023

$2,516 (+10.0%)

$17,700 + $224,700

$242,400

2022

$2,288 (+16.6%)

$17,700 + $201,200

$218,900

2021

$1,962 (+17.5%)

$17,700 + $148,200

$165,900

2020

$1,670 (+5.1%)

$17,700 + $148,200

$165,900

2019

$1,589 (+8.0%)

$17,700 + $131,600

$149,300

2018

$1,470 (+4.9%)

$17,700 + $117,100

$134,800

2017

$1,402 (+7.2%)

$17,700 + $102,000

$119,700

2016

$1,308 (+9.0%)

$17,700 + $102,000

$119,700

2015

$1,200 (+4.4%)

$17,700 + $94,400

$112,100

2014

$1,149 (+15.4%)

$17,700 + $92,200

$109,900

2013

$996

$17,700 + $87,600

$105,300

*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

1.5

Stories

Lot width

61 ft.

Lot depth

122 ft.

Lot size

7,841 Sq. Ft.

Year renovated

1998

Sq. Ft.

1,834

Year built

1998

Style

Single Family Residential

County

Marion County

APN

491301118006000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 4, 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
Parking Total: 2
Parking Features: Attached, Concrete, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 1834
Living Area: 1834
Main Level Sq. Ft.: 799
Upper Level Sq. Ft.: 1035

Bedroom Information
Primary Bedroom Description: Closet Walk in,Suite,Tub Full
# 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: 3
Full Bathrooms MU: 2

Room 1 Information
Room Features: Carpet
Room Dimensions: 13x13
Room Level: Upper

Room 2 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 13x10
Room Level: Main

Room 3 Information
Room Type: Great Room
Room Features: Laminate Hardwood
Room Dimensions: 21x13
Room Level: Main

Room 4 Information
Room Type: Dining Room
Room Features: Laminate Hardwood
Room Dimensions: 10x14
Room Level: Main

Room 5 Information
Room Type: Loft
Room Features: Carpet
Room Dimensions: 13x10
Room Level: Upper

Room 6 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 13x10
Room Level: Upper

Room 7 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 13x10
Room Level: Upper

Other Rooms Information
Rooms Upper: 4
Rooms Main: 3
Rooms Basement: 0
# of Rooms: 7

Laundry Room Information
Laundry Features: Laundry Closet

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Access, Vaulted Ceiling(s), Walk-in Closet(s), Windows Thermal, Windows Vinyl, Wood Work Painted, Breakfast Bar
Appliances: Dishwasher, Disposal, Gas Oven, Gas Water Heater

Exterior

Exterior Features
Patio And Porch Features: Open Patio, Covered Porch
Exterior Features: Storage Shed
Fencing: Fence Full Rear

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: 0.18
Lot Features: Sidewalks, Storm Sewer, Mature Trees, Wooded

Utilities

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

Location

HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions
Association Fee: $219
Association Fee Frequency: Annually
Association Fee Includes: Entrance Common, Maintenance, Nature Area, ParkPlayground, Management, Snow Removal

School Information
High School District: MSD Decatur Township

Location Information
Directions: I 465 S to Mann Rd S 2 miles to R on Milhouse Rd (Entrance of River Run).
Tax Legal Description: River Run Section 3 Lot 225

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,834
Stories: 2.0
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Marion County
APN: 491301118006000200

Home facts updated by county records on Aug 4, 2026

Other

Listing Information
Attribution Contact: kgillette@highgarden.com

Green Information
Green Certification YN: No

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

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

$230,000 – $279,000

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Home values near 5432 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 2018. This data may not match . Learn more.

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