Escape and relax every day at your very own "Lake House" on over half an acre, conveniently close to all the modern amenities and conveniences of city life! This 3-bedroom ranch, located in sought-after Franklin Township, features a Brand NEW ROOF, Fresh paint, New light fixtures and ceiling fans, and a newer HVAC system(5 years). Nestled at the back of the neighborhood by two dead-end cul-de-sacs, the home offers a serene, secluded atmosphere. The bathrooms and kitchen have been updated and include stainless steel appliances. A separate dining area provides additional area for a table or flex space. Finished garage with newer insulated door for storage or man-cave. Step out to your deck(newer door) and enjoy peace and quiet while watching the wildlife. Take a stroll down to the dock at the water for fishing or to simply admire your pond. Ideally situated near schools, parks, golf courses, entertainment, shopping, and highways!
Sold
$215,000
5226 Palisade Way, Indianapolis, IN 46237
3beds
1,064sqft
Residential, Single Family Residence
Built in 1982
0.57 Acres Lot
$231,100 Zestimate®
$202/sqft
$1,543 Estimated rent
Home value
$231,100
$220,000 - $243,000
$1,543/mo
Zestimate® history
Owner options
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$1,543/mo
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$1,543/mo
Rent Zestimate®
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$1,393/mo
Est. payment
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$1,393/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Andy Ludlow 317-372-6147,
eXp Realty, LLC
Bought with:
Martine Locke
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 21987818
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
- Features: Laminate
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Features: Laminate
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Bedroom 3
- Features: Laminate
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Dining room
- Features: Tile-Ceramic
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Family room
- Features: Laminate
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Laundry
- Features: Tile-Ceramic
- Level: Main
- Area: 55 Square Feet
- Dimensions: 11x5
Heating
- Electric, Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener Owned
- Laundry: Laundry Room, Main Level
Features
- Attic Access, Attic Pull Down Stairs, Ceiling Fan(s), High Speed Internet
- Windows: Screens Some, Wood Work Painted
- Has basement: No
- Attic: Access Only,Pull Down Stairs
Interior area
- Total structure area: 1,064
- Total interior livable area: 1,064 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
- Details: Garage Parking Other(Finished Garage, Garage Door Opener, Guest Street Parking)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Fencing: Fenced,Chain Link,Fence Full Rear,Privacy
- Has view: Yes
- Waterfront features: Dock, Lake Front, Pond, Water Access, Water View, Waterfront
Lot
- Size: 0.57 Acres
- Features: Cul-De-Sac, Curbs, Sidewalks, Storm Sewer, Mature Trees
Details
- Parcel number: 491503133006000300
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1982
Utilities & green energy
- Water: Municipal/City
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Arlington Acres
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2024 | Sold | $215,000+0%$202/sqft |
Source:  MIBOR as distributed by MLS GRID #21987818 Report a problem | ||
| 7/9/2024 | Pending sale | $214,900$202/sqft |
Source: MIBOR as distributed by MLS GRID #21987818 Report a problem | ||
| 6/28/2024 | Listed for sale | $214,900+32.7%$202/sqft |
Source: MIBOR as distributed by MLS GRID #21987818 Report a problem | ||
| 5/13/2024 | Sold | $162,000-9.2%$152/sqft |
Source: Public Record Report a problem | ||
| 10/6/2021 | Sold | $178,500-0.8%$168/sqft |
Source: MIBOR as distributed by MLS GRID #21811414 Report a problem | ||
| 9/20/2021 | Pending sale | $179,900$169/sqft |
Source: MIBOR as distributed by MLS GRID #21811414 Report a problem | ||
| 9/16/2021 | Listed for sale | $179,900$169/sqft |
Source: MIBOR as distributed by MLS GRID #21811414 Report a problem | ||
| 9/12/2021 | Pending sale | $179,900$169/sqft |
Source: MIBOR as distributed by MLS GRID #21811414 Report a problem | ||
| 9/4/2021 | Listed for sale | $179,900+89.4%$169/sqft |
Source: MIBOR as distributed by MLS GRID #21811414 Report a problem | ||
| 11/25/2015 | Sold | $95,000+75.9%$89/sqft |
Source: Public Record Report a problem | ||
| 4/7/2011 | Sold | $54,000-7.7%$51/sqft |
Source: MIBOR as distributed by MLS GRID #21110458 Report a problem | ||
| 1/10/2011 | Sold | $58,517$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,980 -36.5% | $226,300 +14.5% |
| 2024 | $3,118 +5.9% | $197,700 +28.1% |
| 2023 | $2,945 +7% | $154,300 +6.5% |
| 2022 | $2,751 +12.4% | $144,900 +7.4% |
| 2021 | $2,447 +5.8% | $134,900 +12.5% |
| 2020 | $2,312 +11.2% | $119,900 +6.1% |
| 2019 | $2,080 -31.4% | $113,000 +11.1% |
| 2018 | $3,032 +53.5% | $101,700 +3.9% |
| 2017 | $1,975 +10.9% | $97,900 +5.4% |
| 2016 | $1,781 +10% | $92,900 +17.3% |
| 2014 | $1,619 -12.8% | $79,200 |
| 2013 | $1,856 | $79,200 -12.6% |
| 2012 | $1,856 | $90,600 +4.9% |
| 2011 | -- | $86,400 |
| 2010 | $952 +6.8% | $86,400 -4.7% |
| 2009 | $891 | $90,700 -3.2% |
| 2007 | -- | $93,700 +0.8% |
| 2006 | -- | $93,000 +11% |
| 2005 | -- | $83,800 |
| 2004 | -- | $83,800 -30.4% |
| 2003 | -- | $120,400 +175.5% |
| 2002 | -- | $43,700 +200.1% |
| 2001 | -- | $14,560 |
| 2000 | -- | $14,560 |
Find assessor info on the county website
Neighborhood: South Emerson
Nearby schools
GreatSchools rating
- 5/10Arlington Elementary SchoolGrades: K-3Distance: 0.9 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 5.3 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Middle: Franklin Central Junior High
- High: Franklin 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.
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Estimated market value
$231,100
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Estimated market value
$231,100
- Indiana
- Marion County
- Indianapolis
- 46237
- South Emerson
- 5226 Palisade Way
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