Google street view image for 5515 Powell Rd, Indianapolis, IN 46221

OFF MARKET

$204,748

•

— ba

•

1,285

sq ft

5515 Powell Rd, Indianapolis, IN 46221

About this home

5515 Powell Rd is a 1,285 square foot house on a 0.47 acre lot with 4 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $204,748.

Single-familyProperty Type

1959Year Built

0.47 acresLot Size

$159Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$204,748

$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.8% higher than the average sale price ($203K) of 6 comparable homes.

SOLD JUL 27, 2026
$215,000
A
3 beds2 baths1,248 sq ft
4221 Solun Rd, Indianapolis, IN 46221
SOLD MAY 20, 2026
$190,000
B
3 beds1.5 baths1,284 sq ft
5565 Varna Dr, Indianapolis, IN 46221
SOLD MAY 7, 2026
$219,000
C
3 beds2 baths1,261 sq ft
4838 Guthrie Dr, Indianapolis, IN 46221
SOLD JAN 2, 2026
$190,000
D
4 beds1.5 baths1,278 sq ft
5301 Gambel Rd, Indianapolis, IN 46221
SOLD APR 22, 2026
$190,000
E
3 beds1 bath1,025 sq ft
4828 Oaknoll Dr, Indianapolis, IN 46221
SOLD JUN 23, 2026
$215,000
F
3 beds1.5 baths1,278 sq ft
5425 Gambel Rd, Indianapolis, IN 46221

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Earn from this home

Sell

$190,911

Est. take-home

List your home with Redfin and save $2,047

Market trends in 46221, IN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.0%

+0.1% MoM

Median sale price

$231K

$1K MoM

Avg. days on market

31d

10 days MoM

Recently sold homes

105

19 MoM

New listings for sale

NEW 4 HRS AGO
$160,000
3 beds1 bath936 sq ft
3557 Winings Ave, Indianapolis, IN 46221
NEW 22 HRS AGO
$335,000
4 beds2.5 baths2,728 sq ft
6127 Maple Branch Pl, Indianapolis, IN 46221
OPEN SAT, 12PM TO 2PM
$375,000
3 beds3 baths3,318 sq ft
5640 W Thompson Rd, Indianapolis, IN 46221
$202,000
4 beds1 bath1,386 sq ft
3465 Carr Ave, Indianapolis, IN 46221
OPEN SUN, 2PM TO 4PM
$200,000
3 beds1.5 baths1,159 sq ft
5821 Furnas Rd, Indianapolis, IN 46221
$258,900
3 beds1.5 baths2,464 sq ft
4029 Ridgeway Dr, Indianapolis, IN 46221
$177,000
4 beds1.5 baths936 sq ft
4010 Moline Dr, Indianapolis, IN 46221
$239,000
3 beds2.5 baths1,788 sq ft
5726 Sweet River Dr, Indianapolis, IN 46221
$119,500
2 beds1 bath834 sq ft
2208 W Minnesota St, Indianapolis, IN 46221
OPEN SEP 20, 2PM TO 4PM
$1
3 beds1 bath2,089 sq ft
3540 Foltz St, Indianapolis, IN 46221
See all

Provided by Redfin

Sale history for 5515 Powell Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$3,696 (+26.7%)

$16,500 + $145,400

$161,900

2024

$2,917 (+10.9%)

$16,500 + $109,200

$125,700

2023

$2,632 (+15.8%)

$16,500 + $109,200

$125,700

2022

$2,272 (+4.9%)

$16,500 + $96,500

$113,000

2021

$2,166 (+5.6%)

$16,500 + $73,600

$90,100

2020

$2,050 (−7.6%)

$16,500 + $73,600

$90,100

2019

$2,218 (+5.6%)

$16,500 + $73,600

$90,100

2018

$2,101 (+230.3%)

$16,500 + $76,100

$92,600

2017

$636 (+7.8%)

$16,500 + $71,100

$87,600

2016

$590 (+17.1%)

$16,500 + $71,100

$87,600

2015

$504 (+7.7%)

$16,500 + $69,500

$86,000

2014

$468 (−1.3%)

$16,500 + $67,200

$83,700

2013

$474

$16,500 + $65,900

$82,400

Tax history for 5515 Powell Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,696 (+26.7%)

$16,500 + $145,400

$161,900

2024

$2,917 (+10.9%)

$16,500 + $109,200

$125,700

2023

$2,632 (+15.8%)

$16,500 + $109,200

$125,700

2022

$2,272 (+4.9%)

$16,500 + $96,500

$113,000

2021

$2,166 (+5.6%)

$16,500 + $73,600

$90,100

2020

$2,050 (−7.6%)

$16,500 + $73,600

$90,100

2019

$2,218 (+5.6%)

$16,500 + $73,600

$90,100

2018

$2,101 (+230.3%)

$16,500 + $76,100

$92,600

2017

$636 (+7.8%)

$16,500 + $71,100

$87,600

2016

$590 (+17.1%)

$16,500 + $71,100

$87,600

2015

$504 (+7.7%)

$16,500 + $69,500

$86,000

2014

$468 (−1.3%)

$16,500 + $67,200

$83,700

2013

$474

$16,500 + $65,900

$82,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

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

Interior

Basement Information
Basement Sq. Ft: 1,285
Basement Type: Full

Bathroom Information
# of Bathroom Fixtures: 7

Heating & Cooling
Heating Type: Warm Air

Fireplace Information
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Stone/Rock
Building Type: Single Family

Property Information
Subdivision Name: EVERGREEN ACRES
Living Sq. Ft: 1,285
Adjusted Gross Sq. Ft: 2,570
Ground Floor Sq. Ft: 1,285
Building Sq. Ft: 3,070
# of Stories: 1
Legal Description: EVERGREEN ACRES 90' NL X 230' WL NW COR OF L10

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 500
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 20,473
Legal Lot Number: 10
Municipality Name: DECATUR, OUTSIDE
Acres: 0.47
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: —
Sq. Ft.: 1,285
Stories: 1.0
Lot Size: 0.47 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: 1959
County: Marion County
APN: 491301113008000200

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Valley Mills Elementary School

Public K-6 • Assigned • 0.7mi

6/10

Decatur Middle School

Public 7-8 • Assigned • 1.1mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 1.0mi

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, 18 days in 30 years

2/10 Wind Factor

1% 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

$195,000 – $236,000

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Nearby similar homes

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New listings for sale in 46221

NEW 4 HRS AGO

$160,000

3 beds1 bath936 sq ft

3557 Winings Ave, Indianapolis, IN 46221

NEW 22 HRS AGO

$335,000

4 beds2.5 baths2,728 sq ft

6127 Maple Branch Pl, Indianapolis, IN 46221

OPEN SAT, 12PM TO 2PM

$375,000

3 beds3 baths3,318 sq ft

5640 W Thompson Rd, Indianapolis, IN 46221

$202,000

4 beds1 bath1,386 sq ft

3465 Carr Ave, Indianapolis, IN 46221

OPEN SUN, 2PM TO 4PM

$200,000

3 beds1.5 baths1,159 sq ft

5821 Furnas Rd, Indianapolis, IN 46221

$258,900

3 beds1.5 baths2,464 sq ft

4029 Ridgeway Dr, Indianapolis, IN 46221

$177,000

4 beds1.5 baths936 sq ft

4010 Moline Dr, Indianapolis, IN 46221

$239,000

3 beds2.5 baths1,788 sq ft

5726 Sweet River Dr, Indianapolis, IN 46221

$119,500

2 beds1 bath834 sq ft

2208 W Minnesota St, Indianapolis, IN 46221

Home values near 5515 Powell Rd

Data from public records.

Address	Redfin Estimate
5505 Powell Rd, Indianapolis, IN 3 Beds \| - Baths \| 1058 Sq. Ft.	$158,116
5526 Powell Rd, Indianapolis, IN 3 Beds \| - Baths \| 1433 Sq. Ft.	$264,095

Address	Redfin Estimate
5551 Powell Rd, Indianapolis, IN 2 Beds \| 1 Baths \| 964 Sq. Ft.	$212,899
5535 Powell Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1906 Sq. Ft.	$266,521

Address	Redfin Estimate
5531 Powell Rd, Indianapolis, IN 2 Beds \| - Baths \| 898 Sq. Ft.	$189,084
5536 Powell Rd, Indianapolis, IN 3 Beds \| - Baths \| 1812 Sq. Ft.	$244,994

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