OFF MARKET

Off Market Nov 2022 for $239K

$268,224

•

1,942

sq ft

5554 Fair Ridge Pl, Indianapolis, IN 46221

About this home

Come see this hidden gem in the back of Decatur Ridge. Pull into your fresh epoxy garage floors and walk into your open floorplan with cathedral ceilings. Take a seat on your back deck overlooking the woods behind the house controlled by your HOA and listen to the birds sing. Escape to your garden tub in the master suite. New luxury vinyl plank flooring throughout the living areas and undercabinet kitchen lighting. Upstairs bonus room/bedroom above garage has been spray foamed for added comfort. Other updates include water softener, HVAC germ killer, fence, landscaping, garage door opener and keypad, 2" blinds, light fixtures, and refrigerator. All appliances remain, including the washer and dryer.

Single-familyProperty Type

2003Year Built

5,663 sq ftLot Size

$138Est. Price/Sq.Ft.

2 car garageParking

Listed by Alan Hamson • Fathom Realty

Contact: alanis4me@gmail.com

Bought with Lana Parker • Carpenter, REALTORS®

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21886402

Redfin Estimate

$268,224

$28K since sold in November 2022$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0% lower than the average sale price ($268K) of 6 comparable homes.

SOLD AUG 14, 2026
$250,000
A
4 beds2.5 baths1,958 sq ft
5624 Fair Ridge Pl, Indianapolis, IN 46221
SOLD AUG 7, 2026
$255,000
B
4 beds2 baths1,635 sq ft
5812 Wooden Br, Indianapolis, IN 46221
SOLD APR 3, 2026
$265,000
C
3 beds2 baths2,002 sq ft
5732 Long Ridge Pl, Indianapolis, IN 46221
SOLD JUN 4, 2026
$285,000
D
4 beds2.5 baths2,286 sq ft
5729 Decatur Ridge Dr, Indianapolis, IN 46221
SOLD AUG 3, 2026
$275,000
E
3 beds2 baths1,780 sq ft
5943 Copeland Mills Dr, Indianapolis, IN 46221
SOLD AUG 28, 2026
$280,000
F
3 beds2 baths1,624 sq ft
6124 Emerald Commons Dr, Indianapolis, IN 46221

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Earn from this home

Sell

$72,743

Est. take-home

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Rent

$1,836/mo

Redfin rental estimate

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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 6 HRS AGO
$185,000
3 beds2.5 baths1,512 sq ft
1522 S Reisner St, Indianapolis, IN 46221
NEW 24 HRS AGO
$250,000
3 beds2 baths1,251 sq ft
4231 Solun Rd, Indianapolis, IN 46221
$130,000
2 beds1 bath1,768 sq ft
3221 S Mcclure St, Indianapolis, IN 46221
$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
See all

Provided by Redfin

Sale history for 5554 Fair Ridge Pl

Date

Event

Price

MIBOR as Distributed by MLS Grid #21886402

Nov 10, 2022

Sold

$239,900

$124/sq ft

Oct 22, 2022

Pending

—

Oct 10, 2022

Price Changed

$249,900

$129/sq ft

Oct 5, 2022

Listed

$253,000

$130/sq ft

MIBOR as Distributed by MLS Grid #21720751

Aug 3, 2020

Sold

$180,100

$93/sq ft

Jul 1, 2020

Pending

—

Jun 30, 2020

Listed

$172,000

$89/sq ft

+28

Adorable, spacious, & well-maintained ranch home w/ 168 sf bonus/4th BDRM above garage! In 2018 this original owner installed HWL flooring in GRT RM, hall, BDRMS 2 & 3, & new carpeting in MBDRM. Remodeled Full B2 in 2015 adding a jetted Whirlpool tub! New heat pump 2015! LRG eat-in KTCHN with lots of cabinets, storage & open concept to GRT RM that boasts a cathedral ceiling! Enjoy the W-I pantry & the large laundry room, both off KTCHN! Back yard is fenced-in with nothing but woods behind so you can enjoy your privacy on your 10x18 wooded deck! Oversized, finished 2-car garage w/ attic access from garage & laundry RM! All appliances+W/D stay! Home is a brief walk from community playground! This Gem is priced to sell & won’t last long!

MIBOR as Distributed by MLS Grid #2364768

Dec 31, 2003

Listed

$122,750

$63/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,633 (−6.8%)

$18,200 + $233,300

$251,500

2024

$2,826 (+4.7%)

$18,200 + $226,600

$244,800

2023

$2,698 (+8.3%)

$18,200 + $226,600

$244,800

2022

$2,492 (+31.1%)

$18,200 + $216,700

$234,900

2021

$1,900 (+7.4%)

$18,200 + $144,500

$162,700

2020

$1,769 (+6.3%)

$18,200 + $144,500

$162,700

2019

$1,665 (+6.0%)

$18,200 + $139,500

$157,700

2018

$1,570 (+7.9%)

$18,200 + $123,000

$141,200

2017

$1,455 (+5.0%)

$18,200 + $106,000

$124,200

2016

$1,385 (+11.0%)

$18,200 + $106,000

$124,200

2015

$1,248 (+2.6%)

$18,200 + $100,400

$118,600

2014

$1,216 (+16.9%)

$18,200 + $95,800

$114,000

2013

$1,040

$18,200 + $92,800

$111,000

Tax history for 5554 Fair Ridge Pl

Year

Property tax

Land + Additions

Assessment*

2025

$2,633 (−6.8%)

$18,200 + $233,300

$251,500

2024

$2,826 (+4.7%)

$18,200 + $226,600

$244,800

2023

$2,698 (+8.3%)

$18,200 + $226,600

$244,800

2022

$2,492 (+31.1%)

$18,200 + $216,700

$234,900

2021

$1,900 (+7.4%)

$18,200 + $144,500

$162,700

2020

$1,769 (+6.3%)

$18,200 + $144,500

$162,700

2019

$1,665 (+6.0%)

$18,200 + $139,500

$157,700

2018

$1,570 (+7.9%)

$18,200 + $123,000

$141,200

2017

$1,455 (+5.0%)

$18,200 + $106,000

$124,200

2016

$1,385 (+11.0%)

$18,200 + $106,000

$124,200

2015

$1,248 (+2.6%)

$18,200 + $100,400

$118,600

2014

$1,216 (+16.9%)

$18,200 + $95,800

$114,000

2013

$1,040

$18,200 + $92,800

$111,000

*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

52 ft.

Lot depth

110 ft.

Lot size

5,663 Sq. Ft.

Year renovated

2008

Sq. Ft.

1,942

Year built

2003

Style

Single Family Residential

County

Marion County

APN

491302106007000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

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

Parking

Parking Information
Garage SqFt: 550
Garage Parking Other: Finished Garage,Keyless Entry
Parking Features: Attached, Concrete, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 1942
Living Area: 1942
Main Level Sq. Ft.: 1392
Upper Level Sq. Ft.: 550

Bedroom Information
Primary Bedroom Description: Bedroom Split,Closet Walk in,Suite,Tub Full with Shower,Tub Garden
# of Upper Bedrooms: 1
# of Bedrooms Main: 3
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 4
Full Bathrooms MU: 2

Room 1 Information
Room Features: Carpet
Room Dimensions: 15x13
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Features: Vinyl Plank
Room Dimensions: 16x14
Room Level: Main

Room 3 Information
Room Type: Living Room
Room Features: Vinyl Plank
Room Dimensions: 19x16
Room Level: Main

Room 4 Information
Room Type: Bedroom 2
Room Features: Vinyl Plank
Room Dimensions: 12x10
Room Level: Main

Room 5 Information
Room Type: Bedroom 3
Room Features: Vinyl Plank
Room Dimensions: 14x10
Room Level: Main

Room 6 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 15x12
Room Level: Upper

Other Rooms Information
Rooms Upper: 1
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 6

Laundry Room Information
Laundry Features: Main Level

Heating & Cooling
Heating Information: Forced Air, Heat Pump, Electric
Cooling Information: Central Electric, Heat Pump

Interior Features
Interior Features: Attic Access, Cathedral Ceiling(s), Walk-in Closet(s), Windows Vinyl, Eat-in Kitchen, Pantry
Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer, Electric Water Heater, Water Softener Owned

Exterior

Exterior Features
Patio And Porch Features: Deck Main Level, Covered Porch
Fencing: Fence Full Rear

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

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.13
Lot Features: Sidewalks, Suburb, Mature Trees

Utilities

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

Location

HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions
Association Fee: $250
Association Fee Frequency: Annually
Association Fee Includes: Entrance Common, Maintenance, Nature Area, ParkPlayground, Snow Removal

School Information
High School District: MSD Decatur Township

Location Information
Directions: GPS friendly
Tax Legal Description: DECATUR RIDGE SEC 2 L079

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,942
Stories: 1.0
Lot Size: 5,663 square feet
Style: Single Family Residential
Year Built: 2003
Year Renovated: 2008
County: Marion County
APN: 491302106007000200

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: alanis4me@gmail.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Slab
Construction Materials: Brick, Vinyl With Brick
Levels: One and One Half

Around this home

Schools

Valley Mills Elementary School

Public K-6 • Assigned • 0.8mi

6/10

Decatur Middle School

Public 7-8 • Assigned • 0.4mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 0.3mi

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

3/10 Heat Factor

7 days above 101° 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

$255,000 – $309,000

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Home values near 5554 Fair Ridge Pl

Data from public records.

Address	Redfin Estimate
5613 Fair Ridge Pl, Indianapolis, IN 3 Beds \| 2 Baths \| 2122 Sq. Ft.	$266,585
5541 Fair Ridge Pl, Indianapolis, IN 3 Beds \| 2 Baths \| 1265 Sq. Ft.	$238,381

Address	Redfin Estimate
5607 Fair Ridge Pl, Indianapolis, IN 3 Beds \| 2 Baths \| 1576 Sq. Ft.	$259,824
5608 Fair Ridge Pl, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2160 Sq. Ft.	$269,200

Address	Redfin Estimate
5632 Fair Ridge Pl, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2462 Sq. Ft.	$298,162
5535 Fair Ridge Pl, Indianapolis, IN 3 Beds \| 2 Baths \| 1433 Sq. Ft.	$244,329

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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