Welcome to this beautiful detached home in the desirable Benjamin Square neighborhood! This 2-bedroom, 2-bath gem offers comfort, convenience, and flexibility with a full, walkout basement just waiting for your personal touch. Was previously used as a separate apartment-complete with its own kitchen and bathroom, perfect for guests, in-laws, or rental income. Step inside to find newer luxury vinyl plank (LVP) flooring throughout the main level, adding style and durability. The home has some updates, featuring a new A/C system (2022), a new roof (2018), some updated lighting, and newer appliances in the main kitchen. Enjoy outdoor living in the fully fenced backyard with a spacious deck-ideal for entertaining or relaxing. Located just minutes from parks, dining, and shopping, with easy access to I-465 and downtown Indianapolis, this home blends suburban comfort with urban convenience. Don't miss your chance to own this versatile home in a great location! Home has had some work done and is back on the market and priced to sell!
Sold
$225,000
5348 Pelham Way, Indianapolis, IN 46216
2beds
2,286sqft
Residential, Single Family Residence
Built in 2001
4,356 Square Feet Lot
$225,700 Zestimate®
$98/sqft
$1,940 Estimated rent
Home value
$225,700
$208,000 - $244,000
$1,940/mo
Zestimate® history
Owner options
List your home for rent
$1,940/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,940/mo
Rent Zestimate®
Refinance and save
$1,686/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,686/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
Spacious deckFull walkout basementDetached homeNewer appliancesUpdated lightingFully fenced backyardNew roof
Zillow last checked:
Listing updated:
Listing Provided by:
Heather Hemphill 317-491-2582,
Key Realty Indiana
Bought with:
Mayra Cortez
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22037022
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14X14
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Breakfast room
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12X08
Great room
- Level: Main
- Area: 360 Square Feet
- Dimensions: 24X15
Kitchen
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12X08
Living room
- Level: Main
- Area: 320 Square Feet
- Dimensions: 20x16
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Microwave, Refrigerator, Washer
- Laundry: Laundry Closet
Features
- Double Vanity, High Speed Internet, Vaulted Ceiling(s), Walk-In Closet(s), Cathedral Ceiling(s)
- Basement: Exterior Entry,Partially Finished,Storage Space
- Number of fireplaces: 1
- Fireplace features: Gas Log, Great Room, Living Room
Interior area
- Total structure area: 2,286
- Total interior livable area: 2,286 sqft
- Finished area below ground: 136
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
- Has spa: Yes
- Spa features: Bath
- Fencing: Fenced,Full,Privacy
- Has view: Yes
- View description: Forest
Lot
- Size: 4,356 sqft
- Features: On Trail, Sidewalks, Storm Sewer, Street Lights
Details
- Parcel number: 490807104102000407
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Brick, Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2001
Details
- Builder name: Ryland
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: Park, Playground
Location
- Region: Indianapolis
- Subdivision: Benjamin Square
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $228 semi-annually
- Amenities included: Playground, Park
- Services included: Nature Area, Snow Removal, Trash
- Association phone: 317-570-4358
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $225,000$98/sqft |
Source:  MIBOR as distributed by MLS GRID #22037022 Report a problem | ||
| 7/19/2025 | Pending sale | $225,000$98/sqft |
Source: MIBOR as distributed by MLS GRID #22037022 Report a problem | ||
| 7/16/2025 | Listed for sale | $225,000-8.2%$98/sqft |
Source: MIBOR as distributed by MLS GRID #22037022 Report a problem | ||
| 6/9/2025 | Listing removed | $245,000$107/sqft |
Source: MIBOR as distributed by MLS GRID #22037022 Report a problem | ||
| 5/14/2025 | Pending sale | $245,000$107/sqft |
Source: MIBOR as distributed by MLS GRID #22037022 Report a problem | ||
| 5/7/2025 | Listed for sale | $245,000+104.2%$107/sqft |
Source: MIBOR as distributed by MLS GRID #22037022 Report a problem | ||
| 5/13/2022 | Sold | $120,000-14.3%$52/sqft |
Source: Public Record Report a problem | ||
| 11/9/2006 | Sold | $140,000$61/sqft |
Source: MIBOR as distributed by MLS GRID #2649472 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,403 +0.5% | $245,800 +11.2% |
| 2024 | $2,392 +6.5% | $221,100 |
| 2023 | $2,246 +14.2% | $221,100 +7.9% |
| 2022 | $1,966 +5.6% | $204,900 +15.1% |
| 2021 | $1,862 +18.5% | $178,000 +6.3% |
| 2020 | $1,571 +8.2% | $167,400 +6.6% |
| 2019 | $1,452 -47% | $157,100 +8.2% |
| 2018 | $2,740 -0.8% | $145,200 +6% |
| 2017 | $2,761 +110.8% | $137,000 +0.8% |
| 2016 | $1,310 +3.4% | $135,900 +5.3% |
| 2014 | $1,267 -12.9% | $129,000 -12% |
| 2013 | $1,455 | $146,600 +0.8% |
| 2012 | $1,455 | $145,500 +10.1% |
| 2011 | -- | $132,100 |
| 2010 | $1,308 +8.4% | $132,100 -2.4% |
| 2009 | $1,207 | $135,300 -5.4% |
| 2007 | -- | $143,000 +0.8% |
| 2006 | -- | $141,900 +2.4% |
| 2005 | -- | $138,600 |
| 2004 | -- | $138,600 |
Find assessor info on the county website
Neighborhood: 46216
Nearby schools
GreatSchools rating
- 3/10Harrison Hill Elementary SchoolGrades: 1-6Distance: 0.6 mi
- 3/10Belzer Middle SchoolGrades: 7-8Distance: 0.6 mi
- 3/10Lawrence Central High SchoolGrades: 9-12Distance: 0.8 mi
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
$225,700
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
$225,700
- Indiana
- Marion County
- Lawrence
- 46216
- 5348 Pelham Way
Nearby cities
Nearby zip codes
Other Lawrence Topics
