5541 Lippan Way, Indianapolis, IN 46221
Home value
$259,200
$238,000 - $283,000
$1,869/mo
Owner options
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Zillow last checked:
Listing updated:
Gregory Mayo 317-370-2847,
Highgarden Real Estate
Amy Evans
Carpenter, REALTORS®
Reba Evans
Carpenter, REALTORS®
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: 240 Square Feet
- Dimensions: 16x15
Bedroom 2
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Upper
- Area: 108 Square Feet
- Dimensions: 12x9
Dining room
- Features: Tile-Ceramic
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8x10
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Laundry
- Level: Main
- Area: 42 Square Feet
- Dimensions: 7x6
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16x15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Water Softener Owned
- Laundry: Main Level
Features
- Vaulted Ceiling(s), Walk-In Closet(s)
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,840 Square Feet
Details
- Additional structures: Storage
- Parcel number: 491312110023000200
- Special conditions: None,As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Valley Mills
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $262,800
- Annual tax amount: $2,804
- Date on market: 7/1/2025
- Cumulative days on market: 15 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $258,000-0.7%$152/sqft |
Source: | ||
| 7/22/2025 | Pending sale | $259,900$153/sqft |
Source: | ||
| 7/18/2025 | Listed for sale | $259,900$153/sqft |
Source: | ||
| 7/11/2025 | Pending sale | $259,900$153/sqft |
Source: | ||
| 7/1/2025 | Listed for sale | $259,900+79.4%$153/sqft |
Source: | ||
| 10/10/2017 | Sold | $144,900$85/sqft |
Source: | ||
| 9/6/2017 | Pending sale | $144,900$85/sqft |
Source: Carpenter Realtors, Inc. #21509433 Report a problem | ||
| 8/28/2017 | Listed for sale | $144,900$85/sqft |
Source: Carpenter, REALTORS� #21509433 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,804 +13.9% | $262,800 +4.8% |
| 2024 | $2,461 +9.9% | $250,700 +13.3% |
| 2023 | $2,239 +6.8% | $221,300 +10.6% |
| 2022 | $2,096 +10.7% | $200,100 +8.9% |
| 2021 | $1,893 +11.7% | $183,800 +9.6% |
| 2020 | $1,695 +9.6% | $167,700 +11.8% |
| 2019 | $1,547 +96.4% | $150,000 +8.1% |
| 2018 | $788 +13.2% | $138,800 +14.9% |
| 2017 | $696 +22.2% | $120,800 +4.8% |
| 2016 | $570 +47.7% | $115,300 +11.8% |
| 2014 | $386 +22.9% | $103,100 +5.4% |
| 2013 | $314 | $97,800 -3% |
| 2012 | $314 | $100,800 -2.6% |
| 2011 | -- | $103,500 -5.6% |
| 2010 | $1,096 -2.8% | $109,600 -2.8% |
| 2009 | $1,127 | $112,700 -6% |
| 2007 | -- | $119,900 -0.8% |
| 2006 | -- | $120,900 +8.2% |
| 2005 | -- | $111,700 |
| 2004 | -- | $111,700 |
| 2003 | -- | $111,700 +56.4% |
| 2002 | -- | $71,400 +200% |
| 2001 | -- | $23,800 |
| 2000 | -- | $23,800 |
Neighborhood: Valley Mills
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Nearby schools
GreatSchools rating
- 4/10Gold AcademyGrades: K-6Distance: 1.3 mi
- 3/10Decatur Middle SchoolGrades: 7-8Distance: 2 mi
- 2/10Decatur Central High SchoolGrades: 9-12Distance: 1.8 mi
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- Indiana
- Marion County
- Indianapolis
- 46221
- Valley Mills
- 5541 Lippan Way