Sold for $290,000

Street View

$290,000

5116 E Michigan St, Indianapolis, IN 46219

6beds

3,000sqft

MultiFamily

Built in 1920

-- sqft lot

$301,300 Zestimate^®

$97/sqft

$1,718 Estimated rent

Home value

$301,300

$283,000 - $319,000

$1,718/mo

Zestimate^® history

Owner options

List your home for rent

$1,718/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,718/mo

Rent Zestimate^®

Refinance and save

$1,833/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,833/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 started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

5116 E Michigan St, Indianapolis, IN 46219 is a multi family home that contains 3,000 sq ft and was built in 1920. It contains 6 bedrooms and 2 bathrooms. This home last sold for $290,000 in March 2025. The Zestimate for this house is $301,300. The Rent Zestimate for this home is $1,718/mo.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Forced air, Other, Gas

Cooling

Central

Appliances

Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer

Features

Flooring: Carpet, Hardwood
Basement: Unfinished

Interior area

Total interior livable area: 3,000 sqft

Property

Parking

Total spaces: 3
Parking features: Off-street, On-street

Features

Exterior features: Brick

Lot

Size: 5,619 Square Feet

Details

Parcel number: 491003114098000701

Construction

Type & style

Home type: MultiFamily

Materials

Frame
Roof: Asphalt

Condition

Year built: 1920

Community & HOA

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $97/sqft
Tax assessed value: $246,500
Annual tax amount: $3,083

Price history

Date	Event	Price
3/24/2025	Sold	$290,000+70.6%$97/sqft
Source: Public Record Report a problem
3/3/2021	Sold	$170,000$57/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,083 +2.6%	$246,500 +25.7%
2024	$3,005 +51.5%	$196,100 +0.7%
2023	$1,983 +0.9%	$194,700 +36.6%
2022	$1,965 -31.5%	$142,500 +0.8%
2021	$2,869 -1.1%	$141,300 +13.7%
2020	$2,900 +12.1%	$124,300 +0.8%
2019	$2,588 +18.4%	$123,300 +13%
2018	$2,186 +3.9%	$109,100 +9%
2017	$2,104 +0.7%	$100,100 +4.1%
2016	$2,088 +9.3%	$96,200 +8.6%
2014	$1,911 -3.5%	$88,600 +1.4%
2013	$1,980	$87,400 -1.4%
2012	$1,980	$88,600 +2.7%
2011	--	$86,300
2010	$1,792 -6.2%	$86,300 -3.9%
2009	$1,910	$89,800 -9.6%
2007	--	$99,300