OFF MARKET

Off market jul 2016 for $99K

$217,973

Est. refi paymentEst. refi $787/mo

•

1,168

sq ft

5440 Milhouse Rd, Indianapolis, IN 46221

About this home

3 bedrm & 2 bath home with a private tree-lined backyard. The master bedrm has a Lg walkin closet and a master bath. The other 2 bedrms & bath are located towards the front of the house and are a nice size. The great room has a high ceiling, wood-burning fireplace, ceiling fan & is open to the dining space. The kitchen has plenty of cabinets & offers a view to the private backyard. Patio, fire-pit & mini-barn located in the backyard. Main living space has fresh paint. This is a must see!

Single-familyProperty Type

1998Year Built

7,841 sq ftLot Size

$187Est. Price/Sq.Ft.

2 car garageParking

Listed by René Hauck • Carpenter, REALTORS®

Listed by Stephen Vaughn • Carpenter, REALTORS®

Contact: rene@indyhomepros.com

Bought with Tracey Brown • Carpenter, REALTORS®

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21421192

Redfin Estimate

$217,973

$119K since sold in July 2016$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.2% lower than the average sale price ($223K) 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 JUL 22, 2026
$232,000
E
3 beds2 baths1,058 sq ft
5361 W Red River Ct, Indianapolis, IN 46221
SOLD AUG 7, 2026
$210,000
F
3 beds2 baths1,164 sq ft
5048 Emmert Dr, Indianapolis, IN 46221

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Sell

$141,377

Est. take-home

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Est. cash available

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Rent

$1,482/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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652 Marion, Indianapolis, IN 46221
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2 beds1 bath900 sq ft
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5050 W Epler Rd, Indianapolis, IN 46221
$236,000
3 beds2 baths1,173 sq ft
6119 Rocky Riv, Indianapolis, IN 46221
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See all

Provided by Redfin

Sale history for 5440 Milhouse Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21421192

Jul 25, 2016

Sold

$99,000

$85/sq ft

Jun 13, 2016

Contingent

—

Jun 2, 2016

Listed

$99,900

$86/sq ft

MIBOR as Distributed by MLS Grid #2502439

Jul 13, 2005

Listing Removed

—

Jan 13, 2005

Listed

$97,900

$84/sq ft

MIBOR as Distributed by MLS Grid #2333452

Jan 25, 2005

Listing Removed

—

Jun 26, 2003

Listed

$100,000

$86/sq ft

Public Records

Apr 4, 2002

Sold

$118,639

$102/sq ft

MIBOR as Distributed by MLS Grid #2151851

Nov 14, 2001

Listed

$92,000

$79/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,953 (−19.0%)

$17,800 + $168,100

$185,900

2024

$2,412 (+11.0%)

$17,800 + $190,900

$208,700

2023

$2,173 (+9.9%)

$17,800 + $190,900

$208,700

2022

$1,978 (+17.8%)

$17,800 + $171,000

$188,800

2021

$1,679 (+18.1%)

$17,800 + $124,300

$142,100

2020

$1,422 (+4.1%)

$17,800 + $124,300

$142,100

2019

$1,365 (+7.8%)

$17,800 + $110,400

$128,200

2018

$1,267 (+6.5%)

$17,800 + $98,200

$116,000

2017

$1,189 (+6.9%)

$17,800 + $83,900

$101,700

2016

$1,112 (+10.0%)

$17,800 + $83,900

$101,700

2015

$1,011 (+5.2%)

$17,800 + $77,700

$95,500

2014

$961 (+13.5%)

$17,800 + $75,900

$93,700

2013

$847

$17,800 + $71,500

$89,300

Tax history for 5440 Milhouse Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,953 (−19.0%)

$17,800 + $168,100

$185,900

2024

$2,412 (+11.0%)

$17,800 + $190,900

$208,700

2023

$2,173 (+9.9%)

$17,800 + $190,900

$208,700

2022

$1,978 (+17.8%)

$17,800 + $171,000

$188,800

2021

$1,679 (+18.1%)

$17,800 + $124,300

$142,100

2020

$1,422 (+4.1%)

$17,800 + $124,300

$142,100

2019

$1,365 (+7.8%)

$17,800 + $110,400

$128,200

2018

$1,267 (+6.5%)

$17,800 + $98,200

$116,000

2017

$1,189 (+6.9%)

$17,800 + $83,900

$101,700

2016

$1,112 (+10.0%)

$17,800 + $83,900

$101,700

2015

$1,011 (+5.2%)

$17,800 + $77,700

$95,500

2014

$961 (+13.5%)

$17,800 + $75,900

$93,700

2013

$847

$17,800 + $71,500

$89,300

*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

Stories

Lot width

62 ft.

Lot depth

121 ft.

Lot size

7,841 Sq. Ft.

Year renovated

1998

Sq. Ft.

1,168

Year built

1998

Style

Single Family Residential

County

Marion County

APN

491301118004000200

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
Parking Features: Attached, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 1168
Living Area: 1168
Main Level Sq. Ft.: 1168

Bedroom Information
Primary Bedroom Description: Tub Full
# 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 Features: Carpet
Room Dimensions: 15x10
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 10x8
Room Level: Main

Room 3 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 11x10
Room Level: Main

Room 4 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 11x10
Room Level: Main

Room 5 Information
Room Type: Great Room
Room Features: Carpet
Room Dimensions: 16x15
Room Level: Main

Room 6 Information
Room Type: Breakfast Room
Room Features: Vinyl
Room Dimensions: 10x8
Room Level: Main

Room 7 Information
Room Features: Vinyl
Room Dimensions: 8x4
Room Level: Main

Other Rooms Information
# of Rooms: 6

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Great Room

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

Interior Features
Interior Features: Attic Pull Down Stairs, Screens Complete, Windows Thermal, Windows Vinyl
Appliances: Electric Cooktop, Dishwasher, Range Hood, Refrigerator, Gas Water Heater

Exterior

Exterior Features
Patio And Porch Features: Breeze Way
Exterior Features: Barn Mini

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.18

Utilities

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

Location

HOA Information
Has HOA
Association Fee: $187
Association Fee Frequency: Annually
Association Fee Includes: ParkPlayground, Trash

School Information
High School District: MSD Decatur Township

Location Information
Directions: From Kentucky Ave – 67 turn right onto Milhouse Rd, then right onto S. High School Rd, left onto Copeland Mills Dr., left onto Timberland Way, right onto Milhouse Rd
Tax Legal Description: RIVER RUN SEC 3 L228

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,168
Stories: 1.0
Lot Size: 7,841 square feet
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Marion County
APN: 491301118004000200

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: rene@indyhomepros.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

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

$208,000 – $251,000

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Home values near 5440 Milhouse Rd

Data from public records.

Address	Redfin Estimate
5907 Milhouse Ct, Indianapolis, IN 3 Beds \| 2 Baths \| 1002 Sq. Ft.	$197,596
5426 Milhouse Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$214,590

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

Address	Redfin Estimate
5446 Milhouse Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1828 Sq. Ft.	$245,839
5450 Milhouse Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 1672 Sq. Ft.	$221,898

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2016. This data may not match . Learn more.

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