Welcome to this well-maintained 3-bedroom, 2.5-bath bi-level home offering plenty of space inside and out. Enjoy peace of mind with key updates already done for you, including a new water heater and newer HVAC system. The main level features a bright living area, comfortable bedrooms, and a large sunroom overlooking the LARGE backyard. The lower level adds a versatile family room or home office space plus a convenient half bath. Step outside to a fully fenced backyard, perfect for pets, play, and outdoor entertaining. A nice mini barn provides handy storage for tools, lawn equipment, or hobbies. RV owners will love the dedicated parking pad with electrical hookup, ideal for keeping your rig ready for your next adventure. Located with easy access to I-465, you'll have a quick commute to downtown and be close to everything Indianapolis has to offer-shopping, dining, and entertainment all within minutes. With modern mechanical updates and room to spread out, this home is move-in ready and waiting for its next chapter. Don't miss it!
Sold
$250,000
5538 Milhouse Rd, Indianapolis, IN 46221
3beds
1,762sqft
Residential, Single Family Residence
Built in 1979
0.44 Acres Lot
$252,100 Zestimate®
$142/sqft
$1,877 Estimated rent
Home value
$252,100
$234,000 - $272,000
$1,877/mo
Zestimate® history
Owner options
List your home for rent
$1,877/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,877/mo
Rent Zestimate®
Refinance and save
$1,257/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,257/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
Convenient half bathLarge sunroomHome office spaceComfortable bedroomsVersatile family roomLarge backyardFully fenced backyard
Zillow last checked:
Listing updated:
Listed by:
Carrie Vavul 317-294-9421,
Carpenter, REALTORS®
Bought with:
Kevin Burgess
Values Driven Realty, Inc.
Source: MIBOR as distributed by MLS GRID,MLS#: 22063123
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Bedroom 2
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Bedroom 3
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Kitchen
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9x11
Living room
- Level: Main
- Area: 210 Square Feet
- Dimensions: 14x15
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Washer
Features
- Attic Access, Kitchen Island, Ceiling Fan(s), Pantry
- Basement: Daylight,Egress Window(s),Finished Ceiling,Finished Walls
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Basement
Interior area
- Total structure area: 1,762
- Total interior livable area: 1,762 sqft
- Finished area below ground: 484
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Storage
Lot
- Size: 0.44 Acres
- Features: Sidewalks, Storm Sewer, Street Lights, Mature Trees, Trees-Small (Under 20 Ft)
Details
- Parcel number: 491301117026000200
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Old Mill Park
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $142/sqft
- Tax assessed value: $238,000
- Annual tax amount: $2,820
- Date on market: 9/17/2025
- Cumulative days on market: 26 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $250,000-5.7%$142/sqft |
Source:  MIBOR as distributed by MLS GRID #22063123 Report a problem | ||
| 10/13/2025 | Pending sale | $265,000$150/sqft |
Source: MIBOR as distributed by MLS GRID #22063123 Report a problem | ||
| 9/17/2025 | Listed for sale | $265,000+76.7%$150/sqft |
Source: MIBOR as distributed by MLS GRID #22063123 Report a problem | ||
| 5/24/2018 | Sold | $150,000-3.2%$85/sqft |
Source: MIBOR as distributed by MLS GRID #21557952 Report a problem | ||
| 4/15/2018 | Pending sale | $155,000$88/sqft |
Source: CENTURY 21 Scheetz #21557952 Report a problem | ||
| 4/10/2018 | Listed for sale | $155,000$88/sqft |
Source: RE/MAX Advanced Realty #21539428 Report a problem | ||
| 3/20/2018 | Pending sale | $155,000$88/sqft |
Source: RE/MAX Advanced Realty #21539428 Report a problem | ||
| 1/4/2018 | Listed for sale | $155,000+29.3%$88/sqft |
Source: RE/MAX Advanced Realty #21539428 Report a problem | ||
| 4/22/2004 | Sold | $119,900$68/sqft |
Source: MIBOR as distributed by MLS GRID #2409147 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,693 +15.1% | $238,000 -1.2% |
| 2024 | $2,340 +7.4% | $241,000 +14.3% |
| 2023 | $2,179 +22.1% | $210,800 +8% |
| 2022 | $1,785 +6.7% | $195,100 +24.3% |
| 2021 | $1,673 +6.8% | $157,000 +5.7% |
| 2020 | $1,566 +9.6% | $148,500 +7.1% |
| 2019 | $1,429 +3.8% | $138,600 +7.5% |
| 2018 | $1,376 -7.1% | $128,900 +6.3% |
| 2017 | $1,480 +15.8% | $121,300 -2.3% |
| 2016 | $1,278 +10.4% | $124,200 +17.2% |
| 2014 | $1,158 +6.6% | $106,000 +5.8% |
| 2013 | $1,086 | $100,200 -7.7% |
| 2012 | $1,086 | $108,600 -7.1% |
| 2011 | -- | $116,900 -4.4% |
| 2010 | $1,237 -2.1% | $122,300 -2.2% |
| 2009 | $1,264 | $125,000 -2.9% |
| 2007 | -- | $128,700 +3.8% |
| 2006 | -- | $124,000 +7% |
| 2005 | -- | $115,900 |
| 2004 | -- | $115,900 |
| 2003 | -- | $115,900 +64.4% |
| 2002 | -- | $70,500 +200% |
| 2001 | -- | $23,500 |
| 2000 | -- | $23,500 |
Find assessor info on the county website
Neighborhood: Valley Mills
Nearby homes
- $276,0003 bd2 ba1.7k sqft5534 Milhouse Rd, Indianapolis, IN 46221Sold
- $223,9003 bd1 ba2.3k sqft5542 Milhouse Rd, Indianapolis, IN 46221Off Market
- $281,6003 bd2 ba2.2k sqft5604 Milhouse Rd, Indianapolis, IN 46221Off Market
- $232,9004 bd2 ba1.3k sqft5530 Milhouse Rd, Indianapolis, IN 46221Off Market
- $234,2003 bd-- ba1.4k sqft5537 Milhouse Rd, Indianapolis, IN 46221Off Market
- $207,1003 bd2 ba1.2k sqft5541 Milhouse Rd, Indianapolis, IN 46221Off Market
- $127,0004 bd2 ba1k sqft5601 Milhouse Rd, Indianapolis, IN 46221Sold
- $177,4003 bd0 ba960 sqft5533 Milhouse Rd, Indianapolis, IN 46221Off Market
Nearby schools
GreatSchools rating
- 4/10Gold AcademyGrades: K-6Distance: 0.6 mi
- 3/10Decatur Middle SchoolGrades: 7-8Distance: 1.2 mi
- 3/10Decatur Central High SchoolGrades: 9-12Distance: 1.1 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
$252,100
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
$252,100
- Indiana
- Marion County
- Indianapolis
- 46221
- Valley Mills
- 5538 Milhouse Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
