OFF MARKET

Off market mar 2020 for $152K

$228,367

•

1,200

sq ft

5438 Milhouse Rd, Indianapolis, IN 46221

About this home

Updated ranch in Decatur Township. 3 bed/2 full bath. This recently updated home has fresh paint and new flooring throughout! Open concept, cathedral ceilings with split floor plan. Large eat-in kitchen includes new high end stainless steel appliances! Large master suite with bay window. All 3 bedrooms include walk-in closets. New vanities in bathrooms. Updated light fixtures and hardware! Large fenced in backyard with plenty of space for entertaining, mini barn and fire-pit.

Single-familyProperty Type

1998Year Built

7,841 sq ftLot Size

$190Est. Price/Sq.Ft.

2 car garageParking

Listed by Ashley Wright • F.C. Tucker Company

Listed by Crystal O'Brien • F.C. Tucker Company

Contact: awright@talktotucker.com

Bought with Michael Price • RE/MAX Centerstone

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21694599

Redfin Estimate

$228,367

$76K since sold in March 2020$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.1% higher than the average sale price ($224K) of 6 comparable homes.

SOLD OCT 1, 2026
$220,000
A
3 beds2 baths1,135 sq ft
5391 Milhouse Rd, Indianapolis, IN 46221
SOLD OCT 2, 2026
$207,000
B
3 beds2 baths1,075 sq ft
6136 Rocky River Dr, Indianapolis, IN 46221
SOLD AUG 14, 2026
$228,000
C
3 beds2 baths1,462 sq ft
5436 Milhouse Rd, Indianapolis, IN 46221
SOLD AUG 7, 2026
$240,000
D
3 beds2 baths1,410 sq ft
6210 Cradle River Dr, Indianapolis, IN 46221
SOLD JUN 29, 2026
$215,000
E
3 beds2 baths1,204 sq ft
6414 Long River Ln, Indianapolis, IN 46221
SOLD JUL 22, 2026
$232,000
F
3 beds2 baths1,058 sq ft
5361 W Red River Ct, Indianapolis, IN 46221

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Earn from this home

Sell

$107,174

Est. take-home

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Rent

$1,518/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

New listings for sale

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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
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OPEN SAT, 1PM TO 3PM
$250,000
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See all

Provided by Redfin

Sale history for 5438 Milhouse Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21694599

Mar 15, 2020

Sold

$152,000

$127/sq ft

Feb 14, 2020

Pending

—

Feb 13, 2020

Listed

$159,000

$133/sq ft

MIBOR as Distributed by MLS Grid #21443426

Nov 28, 2016

Sold

$112,000

$93/sq ft

Oct 12, 2016

Pending

—

Sep 16, 2016

Listed

$114,900

$96/sq ft

+19

Beautifully maintained 3 bed 2 bath ranch in River Run. The wide open floor plan & vaulted ceilings make this home feel even larger. Home features new carpet & flooring, fresh paint & updated fixtures. Every bedroom has a walk-in closet! Enjoy the cook's kitchen that has plenty of prep space & cabinets. All kitchen appliances stay. Don't miss the wooded & private backyard with no backyard neighbors that backs up to acres of woods owned by the parks department. This one is truly move-in ready!

MIBOR as Distributed by MLS Grid #2666021

Oct 13, 2006

Listed

$82,000

$68/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$1,946 (−18.2%)

$17,800 + $165,500

$183,300

2024

$2,377 (+10.9%)

$17,800 + $186,200

$204,000

2023

$2,144 (+9.8%)

$17,800 + $186,200

$204,000

2022

$1,953 (+16.4%)

$17,800 + $166,800

$184,600

2021

$1,677 (+19.4%)

$17,800 + $122,700

$140,500

2020

$1,405 (+2.8%)

$17,800 + $122,700

$140,500

2019

$1,367 (+7.7%)

$17,800 + $109,000

$126,800

2018

$1,269 (+5.9%)

$17,800 + $97,000

$114,800

2017

$1,199 (+74.6%)

$17,800 + $83,500

$101,300

2016

$687 (+9.4%)

$17,800 + $83,500

$101,300

2015

$628 (+22.4%)

$17,800 + $77,300

$95,100

2014

$513 (+27.0%)

$17,800 + $75,500

$93,300

2013

$404

$17,800 + $71,100

$88,900

Tax history for 5438 Milhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,946 (−18.2%)

$17,800 + $165,500

$183,300

2024

$2,377 (+10.9%)

$17,800 + $186,200

$204,000

2023

$2,144 (+9.8%)

$17,800 + $186,200

$204,000

2022

$1,953 (+16.4%)

$17,800 + $166,800

$184,600

2021

$1,677 (+19.4%)

$17,800 + $122,700

$140,500

2020

$1,405 (+2.8%)

$17,800 + $122,700

$140,500

2019

$1,367 (+7.7%)

$17,800 + $109,000

$126,800

2018

$1,269 (+5.9%)

$17,800 + $97,000

$114,800

2017

$1,199 (+74.6%)

$17,800 + $83,500

$101,300

2016

$687 (+9.4%)

$17,800 + $83,500

$101,300

2015

$628 (+22.4%)

$17,800 + $77,300

$95,100

2014

$513 (+27.0%)

$17,800 + $75,500

$93,300

2013

$404

$17,800 + $71,100

$88,900

*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
Permits

Beds

Baths

Stories

Lot width

62 ft.

Lot depth

120 ft.

Lot size

7,841 Sq. Ft.

Year renovated

1998

Sq. Ft.

1,200

Year built

1998

Style

Single Family Residential

County

Marion County

APN

491301118002000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

AIRSPACE SECONDARY ZONING DISTRICT

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

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

Apr 14, 2015 • Final

Structural permit-1-2 family-renovation

Tear off the existing roofing material and install a new roof on the house. Replace the roof decking as needed.

Roofing

Sep 29, 1998 • Final

Master

Construct a new single-family home. Work includes a sewer lateral connection and excavation.

Grading

New construction

Plumbing

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
Garage Parking Other: Keyless Entry
Parking Features: Attached, Concrete, Garage Door Opener, Heated
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 1200
Living Area: 1200
Main Level Sq. Ft.: 1200

Bedroom Information
Primary Bedroom Description: Closet Walk in,Suite,Tub Full with Shower
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 3
Full Bathrooms MU: 2

Room 1 Information
Room Type: Great Room
Room Features: Laminate
Room Dimensions: 17x15
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Features: Laminate
Room Dimensions: 14x11
Room Level: Main

Room 3 Information
Room Features: Laminate
Room Dimensions: 17x10
Room Level: Main

Room 4 Information
Room Type: Bedroom 2
Room Features: Laminate
Room Dimensions: 11x10
Room Level: Main

Room 5 Information
Room Type: Bedroom 3
Room Features: Laminate
Room Dimensions: 10x9
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5

Laundry Room Information
Laundry Features: Main Level

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 Vinyl, Eat-in Kitchen, Pantry
Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator, Gas Water Heater

Exterior

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

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Multiple Phone Lines, Security Alarm Rented, 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, Street Lights, Mature Trees, Wooded

Utilities

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

Location

HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions
Association Fee: $200
Association Fee Frequency: Annually
Association Fee Includes: Association Home Owners, Maintenance, Snow Removal

School Information
High School District: MSD Decatur Township

Location Information
Directions: South on Mann Rd from 465. Right on Milhouse into the neighborhood. Home is on the right.
Tax Legal Description: RIVER RUN SEC 3 L227

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,200
Stories: 1.0
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Marion County
APN: 491301118002000200

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: awright@talktotucker.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Slab
Construction Materials: Brick, Vinyl Siding
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

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

$217,000 – $263,000

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Home values near 5438 Milhouse Rd

Data from public records.

Address	Redfin Estimate
5420 Milhouse Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1374 Sq. Ft.	$232,889
5446 Milhouse Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1828 Sq. Ft.	$245,839

Address	Redfin Estimate
5907 Milhouse Court, Indianapolis, IN 3 Beds \| 2 Baths \| 1002 Sq. Ft.	$197,596
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 2020. This data may not match . Learn more.

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