This freshly updated 2 Bedroom, 2 Bath ranch home is now available to be yours in the popular Benjamin Square neighborhood! When approaching the home, you'll first appreciate that it sits off on a more private section of the road enabling you to have a more tranquil living experience and extra privacy. Upon entering the home, you'll be greeted by the light, bright and airy feel compliments of the vaulted ceilings and open floor plan. With new flooring and fresh neutral paint throughout much of the home, your move-in experience will be a breeze! The Kitchen will come complete with all appliances and includes plenty of storage space with white cabinets and a pantry. The Dining Area provides easy access to your backyard through the sliding patio door which will be great this summer for outdoor grilling and/or dining. The Primary Bedroom, also with a vaulted ceiling, includes a walk-in closet and ensuite complete with double sinks, garden tub and separate shower. The Laundry Room is a great mud room space between the garage and the rest of the house and will include the washer and dryer. With easy access to interstates, Fort Harrison State Park, scenic trails, schools, shopping, dining and just a short drive to Downtown Indy, this property is a must see!
Sold
$232,000
5509 Pelham Way, Indianapolis, IN 46216
2beds
1,236sqft
Residential, Single Family Residence
Built in 2002
4,356 Square Feet Lot
$234,700 Zestimate®
$188/sqft
$1,655 Estimated rent
Home value
$234,700
$216,000 - $256,000
$1,655/mo
Zestimate® history
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$1,723/mo
Est. payment
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$1,723/mo
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List your homeWhat's special
Sliding patio doorVaulted ceilingsGarden tubPlenty of storage spaceNew flooringFresh neutral paintLaundry room
Zillow last checked:
Listing updated:
Listing Provided by:
Sarah Springman 765-561-4240,
Berkshire Hathaway Home
Bought with:
Pamela Craney
The Madsen Group, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22028295
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14x16
Bedroom 2
- Features: Vinyl Plank
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Dining room
- Features: Vinyl Plank
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Kitchen
- Features: Vinyl Plank
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12x8
Laundry
- Features: Vinyl Plank
- Level: Main
- Area: 66 Square Feet
- Dimensions: 6x11
Living room
- Features: Vinyl Plank
- Level: Main
- Area: 280 Square Feet
- Dimensions: 20x14
Heating
- Electric
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Washer
- Laundry: Connections All, Laundry Room, Main Level
Features
- Attic Access, Double Vanity, Vaulted Ceiling(s), High Speed Internet, Pantry, Walk-In Closet(s)
- Windows: Windows Vinyl, Wood Work Painted
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Non Functional
Interior area
- Total structure area: 1,236
- Total interior livable area: 1,236 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 4,356 sqft
Details
- Parcel number: 490807110032000407
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Municipal/City
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Benjamin Square
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $203 semi-annually
- Amenities included: Maintenance
- Services included: Maintenance
- Association phone: 317-570-4358
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2025 | Sold | $232,000-1.3%$188/sqft |
Source:  MIBOR as distributed by MLS GRID #22028295 Report a problem | ||
| 4/7/2025 | Pending sale | $234,999$190/sqft |
Source: MIBOR as distributed by MLS GRID #22028295 Report a problem | ||
| 3/28/2025 | Listed for sale | $234,999+30.6%$190/sqft |
Source: MIBOR as distributed by MLS GRID #22028295 Report a problem | ||
| 5/14/2021 | Sold | $180,000$146/sqft |
Source: MIBOR as distributed by MLS GRID #21778087 Report a problem | ||
| 4/19/2021 | Pending sale | $180,000$146/sqft |
Source: MIBOR as distributed by MLS GRID #21778087 Report a problem | ||
| 4/18/2021 | Price change | $180,000+20.1%$146/sqft |
Source: MIBOR as distributed by MLS GRID #21778087 Report a problem | ||
| 4/14/2021 | Listed for sale | $149,900+27.5%$121/sqft |
Source: MIBOR as distributed by MLS GRID #21778087 Report a problem | ||
| 8/17/2006 | Sold | $117,600+5.1%$95/sqft |
Source: MIBOR as distributed by MLS GRID #2644085 Report a problem | ||
| 1/27/2006 | Sold | $111,900$91/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,904 +0.4% | $211,300 +19.9% |
| 2024 | $1,896 +4.1% | $176,200 |
| 2023 | $1,821 +13.8% | $176,200 +5.4% |
| 2022 | $1,601 +7.7% | $167,200 +14.4% |
| 2021 | $1,486 +18.2% | $146,100 +8.2% |
| 2020 | $1,258 +11.2% | $135,000 +6.4% |
| 2019 | $1,131 +8.8% | $126,900 +7.9% |
| 2018 | $1,040 -3.7% | $117,600 +5.9% |
| 2017 | $1,080 +10.6% | $111,100 +0.7% |
| 2016 | $976 +11% | $110,300 +5.3% |
| 2014 | $879 -21.7% | $104,700 -11.5% |
| 2013 | $1,124 | $118,300 +1.1% |
| 2012 | $1,124 | $117,000 +8.9% |
| 2011 | -- | $107,400 |
| 2010 | $916 +7.7% | $107,400 -2.4% |
| 2009 | $850 | $110,000 -5.1% |
| 2007 | -- | $115,900 +0.8% |
| 2006 | -- | $115,000 +2.2% |
| 2005 | -- | $112,500 |
| 2004 | -- | $112,500 |
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
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Estimated market value
$234,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$234,700
- Indiana
- Marion County
- Lawrence
- 46216
- 5509 Pelham Way
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