Newly remodeled 3 bedroom, 2 bath ranch home in Pheasant Run. New paint, new flooring, and new kitchen appliances. Foyer flows to the eat in kitchen on the left and has a pass through to the dining room/great room combination. Great room offers a patio door with a view of the nice size back yard with a privacy fence. Hall bath centrally located between 3 bedrooms and master bedroom has it's own private full bath with a walk in closet. Ready To Move In!!
Sold for $166,585
$166,585
5542 Lippan Way, Indianapolis, IN 46221
3beds
2baths
1,196sqft
SingleFamily
Built in 1998
7,840 Square Feet Lot
$229,600 Zestimate®
$139/sqft
$1,691 Estimated rent
Home value
$229,600
$218,000 - $241,000
$1,691/mo
Zestimate® history
Owner options
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$1,691/mo
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$1,691/mo
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$1,097/mo
Est. payment
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$1,097/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Refrigerator
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,196 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Vinyl
Lot
- Size: 7,840 sqft
Details
- Parcel number: 491312110014000200
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1998
Community & neighborhood
Location
- Region: Indianapolis
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $17 monthly
Other
Other facts
- Appliances \ MicroHood
- Appliances \ Oven\Range-Electric
- Architectural Style \ Ranch
- Contingency \ Act With No Contingency
- Cool \ Central Electric
- Disclosures \ Not Applicable
- Eating Area \ Dining Combo\Great Room
- Eating Area \ Eat In Kitchen
- Eating Area \ Kitchen Updated
- Eating Area \ Pantry
- Equipment \ Smoke Alarm
- Exterior Amenities \ Driveway Concrete
- Exterior Amenities \ Fence Full Rear
- Exterior Amenities \ Fence Privacy
- Foundation \ Slab
- Furnished \ UnFurnish
- Garage Parking Other \ Garage Door Opener
- Inspection Warranties \ Not Applicable
- Interior \ Attic Access
- Interior \ Windows Thermal
- Lease Terms \ 12 Months
- Lot Information \ Curbs
- Lot Information \ Sidewalks
- Master Bedroom Description \ Full Tub
- Master Bedroom Description \ Main Level
- Master Bedroom Description \ Walk in Closet
- Optional Level Below Grade \ No Basement
- Owner Pays \ Dues Mandatory
- Owner Pays \ HO Association Fee
- Owner Pays \ InsHazard
- Owner Pays \ Insurance Liablty
- Owner Pays \ Insurance Structure
- Owner Pays \ Property Taxes
- Owner Pays \ Trash Pick Up
- Ownership Interest Types \ None
- Pets \ W\Approval
- Sq Ft Source \ Assessor
- Tenant Pays \ All Utilities
- Tenant Pays \ Cable
- Tenant Pays \ Carpet Cleaning
- Tenant Pays \ Insurance Liability
- Tenant Pays \ Insurance Renters
- Tenant Pays \ Lawncare
- Tenant Pays \ Sewer
- Tenant Pays \ Water
- Utility Options \ Cable Available
- Utility Prim Sewage Disp \ Municipal Sewer Connected
- Utility Prim Water Source \ Municipal Water Connected
- Water Heater \ Electric
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $166,585+76.3%$139/sqft |
Source: Public Record Report a problem | ||
| 4/1/2017 | Listing removed | $1,050$1/sqft |
Source: Realty World-Harbert Company Report a problem | ||
| 2/17/2017 | Listed for rent | $1,050$1/sqft |
Source: REALTY WORLD-Harbert Company #21457246 Report a problem | ||
| 11/17/2016 | Sold | $94,500-5.5%$79/sqft |
Source: Public Record Report a problem | ||
| 11/5/2016 | Pending sale | $100,000$84/sqft |
Source: Mike Duncan Real Estate Group #21451972 Report a problem | ||
| 11/5/2016 | Listed for sale | $100,000$84/sqft |
Source: Mike Duncan Real Estate Group #21451972 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,352 +10.4% | $207,700 +6.6% |
| 2024 | $3,942 +12.9% | $194,800 +10.4% |
| 2023 | $3,493 +7.8% | $176,500 +13.1% |
| 2022 | $3,239 +11.3% | $156,100 +10.3% |
| 2021 | $2,910 +11.9% | $141,500 +10.5% |
| 2020 | $2,600 +7.8% | $128,000 +12.7% |
| 2019 | $2,412 -2.1% | $113,600 +6.6% |
| 2018 | $2,463 +4.1% | $106,600 |
| 2017 | $2,366 +8.2% | $106,600 +6% |
| 2016 | $2,186 +6556.5% | $100,600 +12.7% |
| 2014 | $33 -44.3% | $89,300 +5.3% |
| 2013 | $59 | $84,800 -3.3% |
| 2012 | -- | $87,700 +3.7% |
| 2011 | -- | $84,600 -5.4% |
| 2010 | $33 -55.9% | $89,400 -2.6% |
| 2009 | $74 | $91,800 -5.8% |
| 2007 | -- | $97,500 -0.8% |
| 2006 | -- | $98,300 +7.9% |
| 2005 | -- | $91,100 |
| 2004 | -- | $91,100 |
| 2003 | -- | $91,100 +59.5% |
| 2002 | -- | $57,100 +200.1% |
| 2001 | -- | $19,030 |
| 2000 | -- | $19,030 |
Find assessor info on the county website
Neighborhood: Valley Mills
Nearby schools
GreatSchools rating
- 4/10Gold AcademyGrades: K-6Distance: 1.3 mi
- 3/10Decatur Middle SchoolGrades: 7-8Distance: 1.9 mi
- 3/10Decatur Central High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$229,600
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
$229,600
- Indiana
- Marion County
- Indianapolis
- 46221
- Valley Mills
- 5542 Lippan Way
Nearby cities
Nearby neighborhoods
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