Calling all investors and buyers looking to build equity! This 3-bedroom, 1.5-bath home sits atop a hill on nearly half an acre and offers incredible potential for the right owner. Inside, you'll find a spacious living room perfect for entertaining and three generously sized bedrooms that provide plenty of room to grow. The home's standout feature is the full basement, offering unlimited potential for additional living space, a recreation area, workshop, or extra storage. Enjoy the outdoors from the large front deck or the spacious back patio, both ideal for relaxing and entertaining. With almost half an acre of land, there's plenty of room to make this property your own. Whether you're looking for your next investment project or a home where you can add value through updates and improvements, this property is a fantastic opportunity. Bring your vision and transform this diamond in the rough into something truly special!
Pending
$135,000
5026 Rixon Ave, Indianapolis, IN 46221
3beds
2,448sqft
Residential, Single Family Residence
Built in 1963
0.47 Acres Lot
$-- Zestimate®
$55/sqft
$-- HOA
What's special
Full basementSpacious back patioThree generously sized bedroomsLarge front deck
- 23 days |
- 1,457 |
- 129 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Charles Sheppard 317-654-1204,
AMR Real Estate LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22105727
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Main
- Area: 126 Square Feet
- Dimensions: 14x9
Bedroom 3
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Dining room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Kitchen
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Living room
- Level: Main
- Area: 288 Square Feet
- Dimensions: 24x12
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, MicroHood
Features
- Attic Access, Breakfast Bar
- Has basement: Yes
- Attic: Access Only
Interior area
- Total structure area: 2,448
- Total interior livable area: 2,448 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.47 Acres
Details
- Parcel number: 491131105041000200
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Stone
- Foundation: Block
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $55/sqft
- Tax assessed value: $233,400
- Annual tax amount: $2,158
- Date on market: 6/2/2026
- Cumulative days on market: 25 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Pending sale | $135,000$55/sqft |
Source:  MIBOR as distributed by MLS GRID #22105727 Report a problem | ||
| 6/2/2026 | Listed for sale | $135,000$55/sqft |
Source: MIBOR as distributed by MLS GRID #22105727 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,157 +13.8% | $233,400 +20.1% |
| 2024 | $1,896 +8.2% | $194,300 +13% |
| 2023 | $1,752 +17.4% | $172,000 +8.7% |
| 2022 | $1,491 +0.6% | $158,200 +18.6% |
| 2021 | $1,483 +23.1% | $133,400 |
| 2020 | $1,205 +9.5% | $133,400 +22% |
| 2019 | $1,100 +3.1% | $109,300 +8% |
| 2018 | $1,067 -6.2% | $101,200 +6.3% |
| 2017 | $1,138 +13.9% | $95,200 |
| 2016 | $999 -5.5% | $95,200 -2.3% |
| 2014 | $1,057 +10.6% | $97,400 |
| 2013 | $956 | $97,400 +1.9% |
| 2012 | $956 | $95,600 +4.6% |
| 2011 | -- | $91,400 -1% |
| 2010 | $923 +0.8% | $92,300 -4.2% |
| 2009 | $915 | $96,300 -9.2% |
| 2007 | -- | $106,000 |
| 2006 | -- | $106,000 +11% |
| 2005 | -- | $95,500 |
| 2004 | -- | $95,500 |
| 2003 | -- | $95,500 +78.2% |
| 2002 | -- | $53,600 +200.1% |
| 2001 | -- | $17,860 |
| 2000 | -- | $17,860 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Mars Hill
Nearby schools
GreatSchools rating
- 2/10Liberty Early Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 3/10Decatur Middle SchoolGrades: 7-8Distance: 1.9 mi
- 3/10Decatur Central High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Middle: Decatur Middle School
- High: Decatur Central High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46221
- Mars Hill
- 5026 Rixon Ave
Nearby cities
Nearby neighborhoods
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