SOLD NOV 14, 2025

Off market nov 2025 for $240K

$246,353

•

1,422

sq ft

5640 Fair Ridge Pl, Indianapolis, IN 46221

About this home

This is the home you have been waiting for! Pride of ownership is evident in this 3BR, 2BA ranch. This home offers a spacious great rm with vaulted ceiling. Eat-In kitchen with white cabinets, tile backsplash, stainless steel appliances and large pantry closet. Brand new microhood and garbage disposal in 2025, new dishwasher in 2024. Split-bedroom floorplan with primary bedroom suite at the rear of the home, offering private bath and walk-in closet. The two additional bedrooms share the hall full bath with tub/shower combo. Large laundry/mechanicals rm with brand new water heater in 2025, new heat pump in 2022, new water softener & R/O system in 2020. Two car attached garage is fully finished and offers brand new garage door opener. You are going to love the view from the deck of the wooded backyard with no neighbors behind, it will be your own little slice of paradise! Nothing to do here except move in!!

Single-familyProperty Type

2002Year Built

6,316 sq ftLot Size

$173Est. Price/Sq.Ft.

2 car garageParking

Listed by Todd Cook • Keller Williams Indy Metro Partners

Listed by Michelle Wedge

Bought with Michelle Chandler • Keller Williams Indy Metro Partners

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22066196

Redfin Estimate

$246,353

$6,353 since sold in November 2025$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.2% higher than the average sale price ($239K) of 6 comparable homes.

SOLD JUN 24, 2026
$240,000
A
3 beds2 baths1,448 sq ft
6624 Colleens Way, Indianapolis, IN 46221
SOLD JUL 20, 2026
$221,500
B
3 beds2 baths1,449 sq ft
6352 Decatur Cmns, Indianapolis, IN 46221
SOLD APR 30, 2026
$238,000
C
3 beds2 baths1,364 sq ft
6946 Fair Ridge Dr, Indianapolis, IN 46221
SOLD JUL 17, 2026
$269,900
D
3 beds2 baths1,418 sq ft
6524 Emerald Crossing Way, Indianapolis, IN 46221
SOLD NOV 3, 2025
$235,000
E
3 beds2 baths1,390 sq ft
5723 Decatur Ridge Dr, Indianapolis, IN 46221
SOLD DEC 29, 2025
$227,500
F
3 beds2 baths1,333 sq ft
6935 Fair Ridge Dr, Indianapolis, IN 46221

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Earn from this home

Sell

$41,128

Est. take-home

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Rent

$1,685/mo

Redfin rental estimate

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Market trends in 46221, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

97.8%

+0.1% MoM

Median sale price

$224K

$7K MoM

Avg. days on market

22d

1 days MoM

Recently sold homes

103

8 MoM

New listings for sale

NEW 6 HRS AGO
$250,000
3 beds2 baths1,466 sq ft
5546 Foxtail Ct, Indianapolis, IN 46221
NEW 22 HRS AGO
$299,000
4 beds2.5 baths2,548 sq ft
5807 Furnas Rd, Indianapolis, IN 46221
NEW 24 HRS AGO
$125,000
2 beds2 baths1,632 sq ft
1049 S Pershing Ave, Indianapolis, IN 46221
NEW 25 HRS AGO
$277,900
4 beds2 baths1,900 sq ft
5524 Dollar Hide South Dr, Indianapolis, IN 46221
NEW 31 HRS AGO
$230,000
3 beds2 baths1,152 sq ft
6148 Long River Ln, Indianapolis, IN 46221
$175,000
3 beds2 baths1,296 sq ft
4742 Norcroft Dr, Indianapolis, IN 46221
$249,900
3 beds2 baths1,336 sq ft
5914 Woodcote Dr, Indianapolis, IN 46221
$250,000
3 beds2 baths1,439 sq ft
5922 Mosaic Pl, Indianapolis, IN 46221
OPEN SUN, 3PM TO 5PM
$239,900
4 beds2.5 baths2,382 sq ft
4045 Harmony, Indianapolis, IN 46221
$245,000
3 beds2 baths1,478 sq ft
6612 Greenspire Pl, Indianapolis, IN 46221
See all

Provided by Redfin

Sale history for 5640 Fair Ridge Pl

Date

Event

Price

MIBOR as Distributed by MLS Grid #22066196

Nov 14, 2025

Sold

$240,000

$169/sq ft

Oct 6, 2025

Pending

—

Oct 3, 2025

Listed

$240,000

$169/sq ft

MIBOR as Distributed by MLS Grid #21276592

Jun 14, 2014

Listing Removed

—

May 29, 2014

Sold

$115,500

$81/sq ft

Feb 26, 2014

Listed

$117,000

$82/sq ft

+11

MIBOR as Distributed by MLS Grid #2951650

Dec 24, 2009

Listing Removed

—

Oct 14, 2009

Listed

$117,000

$82/sq ft

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Year

Property tax

Land + Additions

Assessment*

2025

$2,511 (−5.7%)

$19,000 + $217,700

$236,700

2024

$2,662 (+5.3%)

$19,000 + $208,700

$227,700

2023

$2,528 (+7.3%)

$19,000 + $208,700

$227,700

2022

$2,357 (+19.4%)

$19,000 + $197,300

$216,300

2021

$1,974 (+9.7%)

$19,000 + $144,000

$163,000

2020

$1,800 (+5.5%)

$19,000 + $144,000

$163,000

2019

$1,706 (+5.8%)

$19,000 + $139,000

$158,000

2018

$1,612 (+14.0%)

$19,000 + $122,400

$141,400

2017

$1,414 (+5.0%)

$19,000 + $100,500

$119,500

2016

$1,347 (+12.3%)

$19,000 + $100,500

$119,500

2015

$1,199 (+2.8%)

$19,000 + $95,200

$114,200

2014

$1,166 (+16.5%)

$19,000 + $90,800

$109,800

2013

$1,001

$19,000 + $87,700

$106,700

Tax history for 5640 Fair Ridge Pl

Year

Property tax

Land + Additions

Assessment*

2025

$2,511 (−5.7%)

$19,000 + $217,700

$236,700

2024

$2,662 (+5.3%)

$19,000 + $208,700

$227,700

2023

$2,528 (+7.3%)

$19,000 + $208,700

$227,700

2022

$2,357 (+19.4%)

$19,000 + $197,300

$216,300

2021

$1,974 (+9.7%)

$19,000 + $144,000

$163,000

2020

$1,800 (+5.5%)

$19,000 + $144,000

$163,000

2019

$1,706 (+5.8%)

$19,000 + $139,000

$158,000

2018

$1,612 (+14.0%)

$19,000 + $122,400

$141,400

2017

$1,414 (+5.0%)

$19,000 + $100,500

$119,500

2016

$1,347 (+12.3%)

$19,000 + $100,500

$119,500

2015

$1,199 (+2.8%)

$19,000 + $95,200

$114,200

2014

$1,166 (+16.5%)

$19,000 + $90,800

$109,800

2013

$1,001

$19,000 + $87,700

$106,700

*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

57 ft.

Lot depth

111 ft.

Lot size

6,098 Sq. Ft.

Year renovated

2002

Sq. Ft.

1,422

Year built

2002

Style

Single Family Residential

County

Marion County

APN

491302106002000200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 2026.

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

Parking

Parking Information
Garage SqFt: 420
Parking Features: Attached
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 1422
Living Area: 1422
Main Level Sq. Ft.: 1422
Upper Level Sq. Ft.: 0

Bedroom Information
Primary Bedroom Description: Closet Walk in
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Suite,Tub Full with Shower

Room 1 Information
Room Type: Great Room
Room Dimensions: 19X16
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 16X15
Room Level: Main

Room 3 Information
Room Type: Laundry
Room Dimensions: 12X06
Room Level: Main

Room 4 Information
Room Dimensions: 18X13
Room Level: Main

Room 5 Information
Room Type: Bedroom 2
Room Dimensions: 12X10
Room Level: Main

Room 6 Information
Room Type: Bedroom 3
Room Dimensions: 11X09
Room Level: Main

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

Laundry Room Information
Laundry Features: Connections All, Laundry Room, Main Level

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

Interior Features
Interior Features: Attic Access
Appliances: Dishwasher, MicroHood, Electric Oven, Refrigerator
Areas Interior: Bedroom Other on Main,Laundry in Unit

Exterior

Exterior Features
Patio And Porch Features: Covered, Deck
Fence YN: No

Farm Information
Horse Amenities: None

Property Information
Ownership Interest Types: Mandatory Fee
Property Type: Residential
Property Condition: Updated/Remodeled
Has View
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.15
Lot Features: Sidewalks, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Solid Waste Information: Yes

Location

HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions
Association Amenities: Playground, Pond Year Round
Association Fee: $275
Association Fee Frequency: Annually
Association Fee Includes: Association Home Owners, Entrance Common, Maintenance

School Information
Middle Or Junior High School: Decatur Middle School
High School: Decatur Central High School
High School District: MSD Decatur Township

Location Information
Directions: GPS Friendly
Tax Legal Description: Decatur Ridge Sec 2 L074

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,422
Stories: 1.0
Lot Size: 6,098 square feet
Style: Single Family Residential
Year Built: 2002
Year Renovated: 2002
County: Marion County
APN: 491302106002000200

Home facts updated by county records on Oct 19, 2026

Other

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

Around this home

Schools

Valley Mills Elementary School

Public K-6 • Assigned • 0.8mi

6/10

Decatur Middle School

Public 7-8 • Assigned • 0.5mi

3/10

Decatur Central High School

Public 9-12 • Assigned • 0.4mi

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 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

$235,000 – $284,000

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Home values near 5640 Fair Ridge Pl

Data from public records.

Address	Redfin Estimate
5613 Fair Ridge Place, Indianapolis, IN 3 Beds \| 2 Baths \| 2122 Sq. Ft.	$267,118
5632 Fair Ridge Place, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2462 Sq. Ft.	$294,947

Address	Redfin Estimate
5607 Fair Ridge Place, Indianapolis, IN 3 Beds \| 2 Baths \| 1576 Sq. Ft.	$258,878
6838 Fair Ridge Drive, Indianapolis, IN 4 Beds \| 2.5 Baths \| 1808 Sq. Ft.	$269,135

Address	Redfin Estimate
5654 Fair Ridge Place, Indianapolis, IN 3 Beds \| 2 Baths \| 1431 Sq. Ft.	$257,943
6833 Fair Ridge Drive, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1889 Sq. Ft.	$263,420

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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