Google street view image for 5551 Powell Rd, Indianapolis, IN 46221

OFF MARKET

$212,899

•

1 ba

•

964

sq ft

5551 Powell Rd, Indianapolis, IN 46221

About this home

5551 Powell Rd is a 964 square foot house on a 2.04 acre lot with 2 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $212,899.

Single-familyProperty Type

1930Year Built

2.04 acresLot Size

$221Est. Price/Sq.Ft.

3 car garageParking

Source:Public Records

Redfin Estimate

$212,899

$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.1% lower than the average sale price ($234K) of 5 comparable homes.

SOLD JUL 20, 2026
$221,500
A
3 beds2 baths1,449 sq ft
6352 Decatur Cmns, Indianapolis, IN 46221
SOLD AUG 14, 2026
$228,000
B
3 beds2 baths1,462 sq ft
5436 Milhouse Rd, Indianapolis, IN 46221
SOLD MAR 27, 2026
$258,000
C
3 beds2 baths1,665 sq ft
5730 Wheelhorse Dr, Indianapolis, IN 46221
SOLD JUN 23, 2026
$215,000
D
3 beds1.5 baths1,278 sq ft
5425 Gambel Rd, Indianapolis, IN 46221
SOLD AUG 7, 2026
$249,000
E
2 beds2 baths1,394 sq ft
5331 Honey Manor Dr, Indianapolis, IN 46221

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Earn from this home

Sell

$198,594

Est. take-home

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Rent

$1,331/mo

Redfin rental estimate

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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 2 HRS AGO
$210,000
4 beds2 baths1,192 sq ft
6864 Cordova Dr, Indianapolis, IN 46221
NEW 2 HRS AGO
$235,000
3 beds2 baths1,216 sq ft
5742 Ashcroft Dr, Indianapolis, IN 46221
NEW 8 HRS AGO
$160,000
3 beds1 bath936 sq ft
3557 Winings Ave, Indianapolis, IN 46221
NEW 26 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
$155,000
2 beds1 bath822 sq ft
4235 S Biltmore Ave, 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
See all

Provided by Redfin

Sale history for 5551 Powell Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,744 (+23.6%)

$18,700 + $99,300

$118,000

2024

$2,219 (+8.1%)

$18,700 + $74,900

$93,600

2023

$2,052 (+13.5%)

$18,700 + $74,900

$93,600

2022

$1,809 (+147.6%)

$18,700 + $66,100

$84,800

2021

$730 (+27.5%)

$18,700 + $50,000

$68,700

2020

$573 (−20.0%)

$18,700 + $50,000

$68,700

2019

$716 (+0.8%)

$18,700 + $50,000

$68,700

2018

$710 (−1.1%)

$18,700 + $50,000

$68,700

2017

$718 (+2.7%)

$18,700 + $47,100

$65,800

2016

$699 (+10.1%)

$18,700 + $47,100

$65,800

2015

$635 (+2.1%)

$18,700 + $46,100

$64,800

2014

$622 (−51.8%)

$18,700 + $44,500

$63,200

2013

$1,291

$18,700 + $43,600

$62,300

Tax history for 5551 Powell Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,744 (+23.6%)

$18,700 + $99,300

$118,000

2024

$2,219 (+8.1%)

$18,700 + $74,900

$93,600

2023

$2,052 (+13.5%)

$18,700 + $74,900

$93,600

2022

$1,809 (+147.6%)

$18,700 + $66,100

$84,800

2021

$730 (+27.5%)

$18,700 + $50,000

$68,700

2020

$573 (−20.0%)

$18,700 + $50,000

$68,700

2019

$716 (+0.8%)

$18,700 + $50,000

$68,700

2018

$710 (−1.1%)

$18,700 + $50,000

$68,700

2017

$718 (+2.7%)

$18,700 + $47,100

$65,800

2016

$699 (+10.1%)

$18,700 + $47,100

$65,800

2015

$635 (+2.1%)

$18,700 + $46,100

$64,800

2014

$622 (−51.8%)

$18,700 + $44,500

$63,200

2013

$1,291

$18,700 + $43,600

$62,300

*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

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

May 30, 2001 • Active

Project

Restore a building due to fire damage. Clean and repair the structure using like-for-like materials.

Remodel

May 30, 2001 • Active

Electrical permit-1-2 family-alteration-remodel

Repair electrical systems damaged by fire.

Electrical

Remodel

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

Interior

Basement Information
Basement Sq. Ft: 704
Basement Type: Partial

Bathroom Information
# of Full Baths: 1

Heating & Cooling
Heating Type: Warm Air

Room Information
# of Rooms: 6

Exterior

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

Property Information
Subdivision Name: EVERGREEN ACRES
Living Sq. Ft: 964
Adjusted Gross Sq. Ft: 1,668
Ground Floor Sq. Ft: 964
Building Sq. Ft: 1,668
# of Stories: 1
Legal Description: EVERGREEN ACRES L14

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 667
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 88,862
Legal Lot Number: 14
Municipality Name: DECATUR, OUTSIDE
Acres: 2.04
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 964
Stories: 1.0
Lot Size: 2.04 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1930
County: Marion County
APN: 491301113018000200

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Valley Mills Elementary School

Public K-6 • Assigned • 0.5mi

6/10

Decatur Middle School

Public 7-8 • Assigned • 1.0mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 0.9mi

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

$203,000 – $245,000

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New listings for sale in 46221

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3557 Winings Ave, Indianapolis, IN 46221

NEW 26 HRS AGO

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4 beds2.5 baths2,728 sq ft

6127 Maple Branch Pl, Indianapolis, IN 46221

OPEN SAT, 12PM TO 2PM

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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

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3 beds1.5 baths1,159 sq ft

5821 Furnas Rd, Indianapolis, IN 46221

$155,000

2 beds1 bath822 sq ft

4235 S Biltmore Ave, Indianapolis, IN 46221

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Home values near 5551 Powell Rd

Data from public records.

Address	Redfin Estimate
5505 Powell Rd, Indianapolis, IN 3 Beds \| - Baths \| 1058 Sq. Ft.	$158,116
5625 Powell Rd, Indianapolis, IN 3 Beds \| 1 Baths \| 2176 Sq. Ft.	$323,069

Address	Redfin Estimate
5531 Powell Rd, Indianapolis, IN 2 Beds \| - Baths \| 898 Sq. Ft.	$189,084
5615 Powell Rd, Indianapolis, IN 3 Beds \| - Baths \| 960 Sq. Ft.	$195,638

Address	Redfin Estimate
5526 Powell Rd, Indianapolis, IN 3 Beds \| - Baths \| 1433 Sq. Ft.	$264,095
5535 Powell Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1906 Sq. Ft.	$266,521

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