OFF MARKET
Google street view image for 5601 Fair Ridge Pl, Indianapolis, IN 46221
OFF MARKET
$58,194
Land
•
17
sq ft (lot)

5601 Fair Ridge Pl, Indianapolis, IN 46221

map-entry

About this home

5601 Fair Ridge Pl is a vacant land on a 17 square foot lot. Based on Redfin's Indianapolis data, we estimate the home's value is $58,194.
Vacant landProperty Type
17 sq ftLot Size
$3,423Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$58,194
$10K since August

This home's estimate is 78.8% lower than the average sale price ($275K) of 6 comparable homes.

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%

0.4% MoM

Median sale price
$220K

$11K MoM

Avg. days on market
25d

6 days MoM

Recently sold homes
112

10 MoM

New listings for sale

Provided by Redfin

Sale history for 5601 Fair Ridge Pl

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

Zoning

D3

AIRSPACE SECONDARY ZONING DISTRICT

METRO

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
  • 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

Around this home

Schools

Valley Mills Elementary School

Public K-6 • Assigned • 0.7mi

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)
33
18
43
26
62
40
69
49
72
54
83
66
87
72
83
65
81
60
71
49
54
39
42
28
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
$56,000 – $67,000

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Nearby similar homes

$11,000
Land— sq ft
3300 Arbor Ave, Indianapolis, IN 46217
$2,140,000
Land— sq ft
000 Mann North Rd, Mooresville, IN 46158
$125,000
Land— sq ft
0 Martin North Ln, Camby, IN 46113
NEW CONSTRUCTION
$399,990
4 beds2.5 baths2,285 sq ft
540 Wayside Ct, Plainfield, IN 46168
3D WALKTHROUGH
$725,000
3 beds2.5 baths2,436 sq ft
11601 N Michael, Camby, IN 46113
$170,000
Land— sq ft
7030 Marsh Cir, Camby, IN 46113

New listings for sale in 46221

NEW 11 HRS AGO
$210,000
3 beds2 baths970 sq ft
5113 Emmert Dr, Indianapolis, IN 46221
$115,000
3 beds1 bath1,272 sq ft
1226 S Richland St, Indianapolis, IN 46221
$285,000
3 beds2 baths2,816 sq ft
6302 W Loretta Dr, Indianapolis, IN 46221
3D WALKTHROUGH
$217,000
3 beds2 baths1,075 sq ft
6136 Rocky River Dr, Indianapolis, IN 46221
$230,000
3 beds1.5 baths1,620 sq ft
6034 W Loretta Dr, Indianapolis, IN 46221
$227,750
3 beds2 baths1,829 sq ft
1007 S Tremont St, Indianapolis, IN 46221
3D WALKTHROUGH
$339,900
3 beds2.5 baths1,998 sq ft
6741 Camby Rd, Indianapolis, IN 46221
$105,000
3 beds1 bath2,496 sq ft
840 S Pershing Ave, Indianapolis, IN 46221
3D WALKTHROUGH
$285,000
3 beds2 baths2,148 sq ft
5514 Winship Ct, Indianapolis, IN 46221

Home values near 5601 Fair Ridge Pl

Data from public records.

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