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!
Sold
Zestimate®
$139,000
5026 Rixon Ave, Indianapolis, IN 46221
3beds
2,448sqft
Residential, Single Family Residence
Built in 1963
0.47 Acres Lot
$139,000 Zestimate®
$57/sqft
$1,986 Estimated rent
Home value
$139,000
$132,000 - $146,000
$1,986/mo
Zestimate® history
Owner options
List your home for rent
$1,986/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,986/mo
Rent Zestimate®
Refinance and save
$911/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$911/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Full basementSpacious back patioThree generously sized bedroomsLarge front deck
Zillow last checked:
Listing updated:
Listed by:
Charles Sheppard 317-654-1204,
AMR Real Estate LLC
Bought with:
Kyle Holler
Tyler Knows 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: $57/sqft
- Tax assessed value: $233,400
- Annual tax amount: $2,158
- Date on market: 6/2/2026
- Cumulative days on market: 8 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $139,000+3%$57/sqft |
Source:  MIBOR as distributed by MLS GRID #22105727 Report a problem | ||
| 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
Neighborhood: Mars Hill
Nearby homes
- $283,0003 bd1 ba1.9k sqft4041 Judan Ct, Indianapolis, IN 46221Off Market
- $175,1002 bd1 ba784 sqft5002 Rixon Ave, Indianapolis, IN 46221Off Market
- $218,6003 bd2 ba1k sqft4040 Robin Dr, Indianapolis, IN 46221Off Market
- $221,6003 bd2 ba1.4k sqft5019 Rixon Ave, Indianapolis, IN 46221Off Market
- $213,4003 bd1 ba1.4k sqft5029 Rixon Ave, Indianapolis, IN 46221Off Market
- $184,4003 bd1 ba1k sqft4031 Judan Ct, Indianapolis, IN 46221Off Market
- $207,7003 bd1 ba1.3k sqft4052 Judan Ct, Indianapolis, IN 46221Off Market
- $212,7003 bd2 ba1k sqft5009 Rixon Ave, Indianapolis, IN 46221Off Market
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.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$139,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$139,000
- Indiana
- Marion County
- Indianapolis
- 46221
- Mars Hill
- 5026 Rixon Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
