Est. $1,973 per month, based on comparable rentals
Sale and tax history for 5551 N Raceway Rd
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22102121
May 7, 2026
Sold
$385,000
$185/sq ft
Mar 28, 2026
Listed
$385,000
$185/sq ft
MIBOR as Distributed by MLS Grid #22058534
Nov 13, 2025
Listing Removed
—
Oct 6, 2025
Price Changed
$454,999
$218/sq ft
Sep 10, 2025
Price Changed
$455,000
$218/sq ft
Aug 22, 2025
Listed
$475,000
$228/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,039 (−6.5%)
$70,700 + $185,300
$256,000
2024
$3,249 (+1.1%)
$70,700 + $188,800
$259,500
2023
$3,215 (−4.6%)
$70,700 + $188,800
$259,500
2022
$3,370 (−7.0%)
$70,700 + $205,000
$275,700
2021
$3,622 (+5.6%)
$70,700 + $242,300
$313,000
2020
$3,431 (+4.7%)
$70,700 + $242,300
$313,000
2019
$3,277 (+5.3%)
$70,700 + $223,600
$294,300
2018
$3,111 (+6.4%)
$70,700 + $209,000
$279,700
2017
$2,924 (+5.3%)
$70,700 + $172,600
$243,300
2016
$2,777 (+5.6%)
$70,700 + $172,600
$243,300
2015
$2,629 (+1.9%)
$70,700 + $158,300
$229,000
2014
$2,579 (−0.9%)
$70,700 + $158,300
$229,000
2013
$2,603
$70,700 + $153,000
$223,700
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
3.19 Acres
Year renovated
1972
Sq. Ft.
2,084
Year built
1972
Style
Single Family Residential
County
Marion County
APN
490509100003000600
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
DS
AIRSPACE SECONDARY ZONING DISTRICT
METRO
Dwelling Suburban District
The D-S District is intended for suburban areas of extreme topography, areas conducive to estate development, or areas where it is desirable to permit only low density development (such as adjacent to floodplains, aquifers, urban conservation areas, within the extended alignment of airport runways, etc.). Generous front yards with trees along roadways that follow the natural terrain of the land are envisioned for the D-S District. Estate development in a natural setting is the typical realization of the District. The D-S District provides for single-family residential lots consisting of at least one acre. A typical density for the D-S District is 0.4 units per gross acre. This District fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. Development plans would likely use the cluster option when subdividing and 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
Airspace Secondary Zoning District
Metro Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Communications tower
Park & open space
Apr 24, 2026 • Active
Right of way permit-excavation
Electrical
Sep 15, 2003 • Final
Sign permit-conversion
Electrical
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: 600
Parking Features: Attached
Garage Spaces: 2
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 2084
Living Area: 2084
Main Level Sq. Ft.: 2084
Upper Level Sq. Ft.: 0
Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
# of Full Baths (Main): 2
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 2
Full Bathrooms MU: 2
Room 1 Information
Room Type: Living Room
Room Dimensions: 10x10
Room Level: Main
Room 2 Information
Room Type: Dining Room
Room Dimensions: 10x10
Room Level: Main
Room 3 Information
Room Type: Kitchen
Room Dimensions: 10x10
Room Level: Main
Room 4 Information
Room Type: Laundry
Room Dimensions: 10x10
Room Level: Main
Room 5 Information
Room Dimensions: 10x10
Room Level: Main
Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 10x10
Room Level: Main
Room 7 Information
Room Type: Bedroom 3
Room Dimensions: 10x10
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 7
Rooms Basement: 0
# of Rooms: 7
Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room
Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air
Interior Features
Interior Features: Built-in Features
Appliances: None
Exterior
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: 3-5 Acres
Lot Information
Lot Size Acres: 3.07
Utilities
Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Private
Solid Waste Information: No
Location
School Information
Middle Or Junior High School: Pike Central Middle School
High School: Pike Central High School
High School District: Pike County School Corp
Location Information
Directions: GPS Friendly
Tax Legal Description: Pt W1/2 Nw1/4 S9 T16 R2 Beg 159.62' E Of Nw Cor P.O.B. E335.38' S455' W74.35' N2.42' W116' N195' W259.09' N195.01' Ne116.54'N15' To Beg
Community Information
Low Maintenance Lifestyle YN: No
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 2,084
Stories: 1.0
Lot Size: 3.19 acres
Style: Single Family Residential
Year Built: 1972
Year Renovated: 1972
County: Marion County
APN: 490509100003000600
Home facts updated by county records on Jul 29, 2026
Other
Home Information
Foundation Details: Slab
Construction Materials: Stone
Levels: One
Around this home
Schools
Deer Run Elementary School
Public K-5 • Assigned • 3.0mi
4/10
Guion Creek Middle School
Public 6-8 • Assigned • 4.8mi
3/10
Pike High School
Public 9-12 • Assigned • 4.2mi
3/10
Provided by GreatSchools
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 100° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46234
Average low and high temperatures (°F)
32
16
42
25
60
39
68
47
72
53
82
65
86
71
81
63
81
58
70
47
53
38
42
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$382,000 – $463,000
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