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Sold
    • $230,000

    5501 Pelham Way, Indianapolis, IN 46216

    2beds
    1,173sqft
    Residential, Single Family Residence
    Built in 2001
    4,356 Square Feet Lot
    $230,100 Zestimate®
    $196/sqft
    $1,751 Estimated rent

    Home value

    $230,100

    $216,000 - $244,000

    $1,751/mo

    Zestimate® history
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    What's special

    Gas fireplaceLots of natural sunlightBeautiful dark green cabinetryCozy banquette style seatingStainless steel appliancesButcher block countertopsLots of extra shelving
    This 2bed / 2bath Ranch style brick home in Benjamin Square is waiting for you!! This home offers many updates including Beautiful dark green cabinetry, butcher block counter tops, stainless steel appliances (new dishwasher) and cozy banquette style seating with lots of natural sunlight! New Ceramic Tile flooring too. The open Family room/ Dining room offers a great space for entertaining or just cozying up in front of the gas fireplace! The Primary bedroom is very spacious with walk in closet and in suite bath! The second bedroom and full bath are situated privately on the other side of the house! You will have plenty of storage space in Laundry room, lots of extra shelving has been added! Outside you'll find your perfect deck with a pergola and a fully fenced yard for entertaining, cookouts, and just relaxing! This beautiful home will not last long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Leslie Ramsey 317-407-9301,

    CENTURY 21 Scheetz

    Bought with:

    Jared Ruth

    @properties

    Angelica Brewer

    @properties

    Source: MIBOR as distributed by MLS GRID,MLS#: 22094349MLS Logo

    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: 225 Square Feet
    • Dimensions: 15 X 15
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11 X 10
    Breakfast room
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10 X 08
    Dining room
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13 X 10
    Kitchen
    • Features: Tile-Ceramic
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10 X 10
    Living room
    • Level: Main
    • Area: 225 Square Feet
    • Dimensions: 15 X 15
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
    • Laundry: In Unit, Laundry Room, Main Level
    Features
    • Ceiling Fan(s), Eat-in Kitchen, Pantry, Smart Thermostat, Walk-In Closet(s)
    • Windows: Wood Work Painted
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Living Room
    Interior area
    • Total structure area: 1,173
    • Total interior livable area: 1,173 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    • Fencing: Fenced,Full,Gate
    Lot
    • Size: 4,356 Square Feet
    • Features: Sidewalks, Storm Sewer
    Details
    • Parcel number: 490807110034000407
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl With Brick
    • Foundation: Slab
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: Benjamin Square
    HOA
    • Has HOA: Yes
    • HOA fee: $203 semi-annually
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $196/sqft
    • Tax assessed value: $190,300
    • Annual tax amount: $1,828
    • Date on market: 4/15/2026
    • Cumulative days on market: 3 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/15/2026Sold$230,000+2.2%$196/sqft
    Source: MIBOR as distributed by MLS GRID #22094349 Report a problem
    4/16/2026Pending sale$225,000$192/sqft
    Source: MIBOR as distributed by MLS GRID #22094349 Report a problem
    4/15/2026Listed for sale$225,000+83.7%$192/sqft
    Source: MIBOR as distributed by MLS GRID #22094349 Report a problem
    9/6/2019Sold$122,500+2.2%$104/sqft
    Source: MIBOR as distributed by MLS GRID #21660062 Report a problem
    8/7/2019Pending sale$119,900$102/sqft
    Source: Century 21 Scheetz #21660062 Report a problem
    8/5/2019Listed for sale$119,900+17.4%$102/sqft
    Source: MIBOR REALTOR Association #21660062 Report a problem
    4/25/2016Sold$102,150-2.6%$87/sqft
    Source: Public Record Report a problem
    2/19/2016Pending sale$104,900$89/sqft
    Source: RE/MAX Legends Group #21375453 Report a problem
    1/11/2016Price change$104,900-4.5%$89/sqft
    Source: RE/MAX Legends Group #21375453 Report a problem
    10/21/2015Price change$109,900-4.4%$94/sqft
    Source: RE/MAX Legends Group #21375453 Report a problem
    9/10/2015Listed for sale$114,900-11.9%$98/sqft
    Source: RE/MAX Legends Group #21375453 Report a problem
    9/10/2007Sold$130,485$111/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,829 +0.4%$190,300 +12.3%
    2024$1,821 +6.4%$169,400
    2023$1,712 +13.6%$169,400 +7.6%
    2022$1,507 +6.8%$157,500 +14.2%
    2021$1,411 +22.2%$137,900 +7.3%
    2020$1,155 +11.4%$128,500 +6.6%
    2019$1,037 +8.5%$120,600 +7.8%
    2018$956 -2.6%$111,900 +5.5%
    2017$981 +9.6%$106,100 +0.8%
    2016$895 +11.3%$105,300 +5.3%
    2014$804 -22.4%$100,000 -11.4%
    2013$1,037 $112,900 +1%
    2012$1,037 $111,800 +8.3%
    2011-- $103,200
    2010$849 +7.7%$103,200 -2.3%
    2009$788 $105,600 -5.1%
    2007-- $111,300 +0.8%
    2006-- $110,400 +2.2%
    2005-- $108,000
    2004-- $108,000
    2003-- $108,000
    Find assessor info on the county website

    Neighborhood: 46216

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    Estimated market value
    $230,100
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    Estimated market value
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