Why rent when you can own? This 3 bedroom, 2.5 bath home sits on one of the largest lots in the neighborhood and backs up to wooded landscape with plenty of nature trails. Huge side yard with this home, plenty of green space. Open layoutu on main level with great room, dining area, kitchen, and laundry room. Neutral decor / colors throughout make this the perfect turn-key opportunity for you. Stable and established neighborhood with playground. Close to interstate and located in Decatur Township School District. Hurry...this will not last!
Sold
$223,000
5420 Milhouse Rd, Indianapolis, IN 46221
3beds
1,374sqft
Residential, Single Family Residence
Built in 1998
7,405 Square Feet Lot
$223,100 Zestimate®
$162/sqft
$1,856 Estimated rent
Home value
$223,100
$212,000 - $234,000
$1,856/mo
Zestimate® history
Owner options
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$1,856/mo
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$1,856/mo
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$1,241/mo
Est. payment
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$1,241/mo
Est. payment
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List your homeWhat's special
Dining areaGreat roomPlenty of nature trailsHuge side yardPlenty of green spaceLaundry room
Zillow last checked:
Listing updated:
Listed by:
Scott Armstrong 317-432-1544,
Armstrong Real Estate Brokerag
Bought with:
Non-BLC Member
MIBOR REALTOR® Association
Source: MIBOR as distributed by MLS GRID,MLS#: 22100548
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Upper
- Area: 117 Square Feet
- Dimensions: 13x09
Dining room
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x09
Great room
- Level: Main
- Area: 266 Square Feet
- Dimensions: 14x19
Kitchen
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Heating
- Heat Pump, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Oven, Exhaust Fan, Electric Water Heater
Features
- Attic Access, Walk-In Closet(s), Breakfast Bar, Ceiling Fan(s), Entrance Foyer
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,374
- Total interior livable area: 1,374 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Playground
Lot
- Size: 7,405 Square Feet
- Features: Street Lights, Wooded
Details
- Parcel number: 491312126011000200
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Water: Private
Community & HOA
Community
- Subdivision: River Run
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance, Snow Removal
- HOA fee: $120 annually
- HOA phone: 800-366-3300
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $195,100
- Annual tax amount: $2,474
- Date on market: 5/7/2026
- Cumulative days on market: 4 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $223,000+6.2%$162/sqft |
Source:  MIBOR as distributed by MLS GRID #22100548 Report a problem | ||
| 5/10/2026 | Pending sale | $209,900$153/sqft |
Source: MIBOR as distributed by MLS GRID #22100548 Report a problem | ||
| 5/7/2026 | Listed for sale | $209,900-6.7%$153/sqft |
Source: MIBOR as distributed by MLS GRID #22100548 Report a problem | ||
| 9/1/2022 | Sold | $225,000-2.2%$164/sqft |
Source: MIBOR as distributed by MLS GRID #21868809 Report a problem | ||
| 7/13/2022 | Pending sale | $230,000$167/sqft |
Source: MIBOR as distributed by MLS GRID #21868809 Report a problem | ||
| 7/8/2022 | Listed for sale | $230,000+177.1%$167/sqft |
Source: MIBOR as distributed by MLS GRID #21868809 Report a problem | ||
| 11/14/2011 | Sold | $83,000+33%$60/sqft |
Source: MIBOR as distributed by MLS GRID #21143759 Report a problem | ||
| 7/19/2011 | Sold | --0 |
Source: Agent Provided Report a problem | ||
| 6/10/2011 | Listed for sale | $62,400-26.6%$45/sqft |
Source: isNowListed.com Report a problem | ||
| 12/25/2010 | Listing removed | $85,000$62/sqft |
Source: American Wholesale Properties #21035395 Report a problem | ||
| 7/4/2010 | Listed for sale | $85,000-20.2%$62/sqft |
Source: foreclosure.com Report a problem | ||
| 4/21/2010 | Sold | $106,559$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,474 +11.5% | $195,100 -12.1% |
| 2024 | $2,218 +10.3% | $221,900 +10.7% |
| 2023 | $2,012 +17.9% | $200,500 +10.8% |
| 2022 | $1,707 +12.3% | $180,900 +20% |
| 2021 | $1,520 +10.7% | $150,800 +11% |
| 2020 | $1,374 +8.2% | $135,900 +10.7% |
| 2019 | $1,269 +3% | $122,800 +6.8% |
| 2018 | $1,233 +3.2% | $115,000 +6% |
| 2017 | $1,194 +9.5% | $108,500 +6.7% |
| 2016 | $1,091 +4.5% | $101,700 +6.4% |
| 2014 | $1,044 +15.1% | $95,600 +5.5% |
| 2013 | $907 | $90,600 -0.1% |
| 2012 | $907 | $90,700 -3.9% |
| 2011 | -- | $94,400 -5.4% |
| 2010 | $998 +3.3% | $99,800 +0.9% |
| 2009 | $966 | $98,900 -5.1% |
| 2007 | -- | $104,200 +1.8% |
| 2006 | -- | $102,400 +4.5% |
| 2005 | -- | $98,000 |
| 2004 | -- | $98,000 |
| 2003 | -- | $98,000 +53.6% |
| 2002 | -- | $63,800 +200% |
| 2001 | -- | $21,270 |
| 2000 | -- | $21,270 |
Find assessor info on the county website
Neighborhood: Valley Mills
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Nearby schools
GreatSchools rating
- 2/10Liberty Early Elementary SchoolGrades: PK-6Distance: 2.6 mi
- 3/10Decatur Middle SchoolGrades: 7-8Distance: 1.4 mi
- 3/10Decatur Central High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$223,100
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Estimated market value
$223,100
- Indiana
- Marion County
- Indianapolis
- 46221
- Valley Mills
- 5420 Milhouse Rd
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