Google street view image for 5520 Mills Rd, Indianapolis, IN 46221

OFF MARKET

$183,075

•

— ba

•

1,044

sq ft

5520 Mills Rd, Indianapolis, IN 46221

About this home

5520 Mills Rd is a 1,044 square foot house on a 0.32 acre lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $183,075.

Single-familyProperty Type

1980Year Built

0.32 acresLot Size

$175Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$183,075

$4,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8% lower than the average sale price ($199K) of 6 comparable homes.

SOLD APR 30, 2026
$159,650
A
3 beds2 baths1,080 sq ft
5615 Northport Dr, Indianapolis, IN 46221
SOLD JUN 2, 2026
$239,900
B
3 beds2 baths1,221 sq ft
5617 Simmul Ln, Indianapolis, IN 46221
SOLD FEB 13, 2026
$205,000
C
3 beds2 baths1,050 sq ft
6415 Kellum Dr, Indianapolis, IN 46221
SOLD DEC 12, 2025
$162,000
D
3 beds1 bath996 sq ft
6202 Epperson Dr, Indianapolis, IN 46221
SOLD JUL 2, 2026
$255,000
E
3 beds2 baths1,495 sq ft
5543 Alcott Ln, Indianapolis, IN 46221
SOLD AUG 28, 2026
$172,000
F
4 beds1 bath1,156 sq ft
5531 Northport Dr, Indianapolis, IN 46221

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 46221, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.6%

+0.1% MoM

Median sale price

$232K

$12K MoM

Avg. days on market

21d

4 days MoM

Recently sold homes

113

4 MoM

New listings for sale

NEW 33 HRS AGO
$265,000
3 beds2 baths1,361 sq ft
6547 Emerald Ridge Ct, Indianapolis, IN 46221
$99,900
4 beds2 baths2,280 sq ft
1134 Blaine Ave, Indianapolis, IN 46221
$170,000
1 bed2 baths1,200 sq ft
1221 Lee St, Indianapolis, IN 46221
$199,000
3 beds1 bath1,414 sq ft
3333 S Mooresville Rd, Indianapolis, IN 46221
$599,900
3 beds2 baths1,856 sq ft
5336 W Epler Rd, Indianapolis, IN 46221
$89,900
2 beds1 bath966 sq ft
2229 Martha St, Indianapolis, IN 46221
3D WALKTHROUGH
$269,900
3 beds2 baths1,338 sq ft
6336 Emerald Springs Dr, Indianapolis, IN 46221
$95,000
2 beds1 bath1,344 sq ft
3333 S Rybolt Ave, Indianapolis, IN 46221
$239,000
4 beds3 baths4,194 sq ft
4407 Mann Rd, Indianapolis, IN 46221
$210,000
3 beds2 baths970 sq ft
5113 Emmert Dr, Indianapolis, IN 46221
See all

Provided by Redfin

Sale history for 5520 Mills Rd

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

Year

Property tax

Land + Additions

Assessment*

2025

$1,923 (−3.4%)

$16,300 + $164,800

$181,100

2024

$1,991 (+13.9%)

$16,300 + $154,000

$170,300

2023

$1,747 (+6.6%)

$16,300 + $154,000

$170,300

2022

$1,640 (+19.8%)

$16,300 + $133,200

$149,500

2021

$1,368 (+12.1%)

$16,300 + $97,100

$113,400

2020

$1,221 (+0.8%)

$16,300 + $97,100

$113,400

2019

$1,211 (+8.2%)

$16,300 + $93,800

$110,100

2018

$1,120 (+3.9%)

$16,300 + $84,300

$100,600

2017

$1,078 (−1.8%)

$16,300 + $72,800

$89,100

2016

$1,098 (+14.0%)

$16,300 + $72,800

$89,100

2015

$963 (+16.6%)

$16,300 + $74,800

$91,100

2014

$826 (+11.6%)

$16,300 + $71,400

$87,700

2013

$740

$16,300 + $60,900

$77,200

Tax history for 5520 Mills Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,923 (−3.4%)

$16,300 + $164,800

$181,100

2024

$1,991 (+13.9%)

$16,300 + $154,000

$170,300

2023

$1,747 (+6.6%)

$16,300 + $154,000

$170,300

2022

$1,640 (+19.8%)

$16,300 + $133,200

$149,500

2021

$1,368 (+12.1%)

$16,300 + $97,100

$113,400

2020

$1,221 (+0.8%)

$16,300 + $97,100

$113,400

2019

$1,211 (+8.2%)

$16,300 + $93,800

$110,100

2018

$1,120 (+3.9%)

$16,300 + $84,300

$100,600

2017

$1,078 (−1.8%)

$16,300 + $72,800

$89,100

2016

$1,098 (+14.0%)

$16,300 + $72,800

$89,100

2015

$963 (+16.6%)

$16,300 + $74,800

$91,100

2014

$826 (+11.6%)

$16,300 + $71,400

$87,700

2013

$740

$16,300 + $60,900

$77,200

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

Zoning and permits

Zoning
Permits

METRO

AIRSPACE SECONDARY ZONING DISTRICT

Dwelling District Three

The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 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 considerations, 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

Property details

Interior

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family

Property Information
Subdivision Name: OLD MILL PARK 9TH SEC
Living Sq. Ft: 1,044
Adjusted Gross Sq. Ft: 1,044
Ground Floor Sq. Ft: 1,044
Building Sq. Ft: 1,524
# of Stories: 1
Legal Description: OLD MILL PARK 9TH SEC L355

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 480
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 13,939
Legal Lot Number: 355
Municipality Name: DECATUR, OUTSIDE
Acres: 0.32
Depth Footage: 148
Front Footage: 95
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Location Information
Parcel Location Influence: Extra Front

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,044
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1980
Year Renovated: 1980
County: Marion County
APN: 491312108062000200

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Gold Academy

Public K-6 • Assigned • 0.9mi

4/10

Decatur Middle School

Public 7-8 • Assigned • 1.6mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 1.5mi

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

$174,000 – $211,000

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

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New listings for sale in 46221

NEW 33 HRS AGO

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3333 S Mooresville Rd, Indianapolis, IN 46221

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5336 W Epler Rd, Indianapolis, IN 46221

$89,900

2 beds1 bath966 sq ft

2229 Martha St, Indianapolis, IN 46221

3D WALKTHROUGH

$269,900

3 beds2 baths1,338 sq ft

6336 Emerald Springs Dr, Indianapolis, IN 46221

$95,000

2 beds1 bath1,344 sq ft

3333 S Rybolt Ave, Indianapolis, IN 46221

$239,000

4 beds3 baths4,194 sq ft

4407 Mann Rd, Indianapolis, IN 46221

Home values near 5520 Mills Rd

Data from public records.

Address	Redfin Estimate
5502 Mills Rd, Indianapolis, IN 3 Beds \| - Baths \| 1116 Sq. Ft.	$213,974
5514 Mills Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 1382 Sq. Ft.	$211,178

Address	Redfin Estimate
5508 Mills Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 1484 Sq. Ft.	$242,030
5527 Old Mill Ct, Indianapolis, IN 3 Beds \| 2 Baths \| 1232 Sq. Ft.	$221,777

Address	Redfin Estimate
5526 Mills Rd, Indianapolis, IN 3 Beds \| - Baths \| 1448 Sq. Ft.	$205,181
5523 Old Mill Ct, Indianapolis, IN 3 Beds \| 2 Baths \| 1498 Sq. Ft.	$241,666

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