This spacious ranch has been fully updated and is ready for its next owner. Featuring three bedrooms, two full baths and a spacious fully-fenced backyard. Updates include new flooring throughout the whole home, new paint throughout, new outlets and switches, new lighting, all new stainless steel kitchen appliances, and a new washer and dryer. A wonderful screened-in patio as well as a large open patio allow for lots of room to entertain and enjoy the outdoors. Large shed with ramp provides additional lawn equipment storage.
Sold
$255,000
5543 Alcott Ln, Indianapolis, IN 46221
3beds
1,495sqft
Residential, Single Family Residence
Built in 1996
0.32 Acres Lot
$255,100 Zestimate®
$171/sqft
$1,860 Estimated rent
Home value
$255,100
$242,000 - $268,000
$1,860/mo
Zestimate® history
Owner options
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$1,860/mo
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$1,860/mo
Rent Zestimate®
Refinance and save
$1,770/mo
Est. payment
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$1,770/mo
Est. payment
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List your homeWhat's special
Large open patioThree bedroomsWonderful screened-in patioSpacious fully-fenced backyardNew paint throughoutNew lightingNew washer and dryer
Zillow last checked:
Listing updated:
Listing Provided by:
Lindsay Jones 317-945-3632,
The Stewart Home Group,
Christopher Jones 317-319-1093,
The Stewart Home Group
Bought with:
Elise Carmichael
eXp Realty LLC
Alex Montagano
eXp Realty LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22106860
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14X13
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Great room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18X14
Kitchen
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16X13
Laundry
- Level: Main
- Area: 70 Square Feet
- Dimensions: 10X7
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
- Laundry: Main Level
Features
- Attic Access, Cathedral Ceiling(s), Kitchen Island, Entrance Foyer, Ceiling Fan(s), High Speed Internet, Eat-in Kitchen, Walk-In Closet(s)
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,495
- Total interior livable area: 1,495 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 2
- Details: Garage Parking Other(Keyless Entry, Service Door)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Screened
- Fencing: Fenced,Full
Lot
- Size: 0.32 Acres
- Features: Sidewalks, Trees-Small (Under 20 Ft)
Details
- Parcel number: 491312117016000200
- Special conditions: Estate
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Pheasant Run
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $180 annually
- Services included: Entrance Common, Maintenance
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $255,000$171/sqft |
Source:  MIBOR as distributed by MLS GRID #22106860 Report a problem | ||
| 6/13/2026 | Pending sale | $255,000$171/sqft |
Source: MIBOR as distributed by MLS GRID #22106860 Report a problem | ||
| 6/13/2026 | Price change | $255,000+2%$171/sqft |
Source: MIBOR as distributed by MLS GRID #22106860 Report a problem | ||
| 6/9/2026 | Listed for sale | $249,900+113.8%$167/sqft |
Source: MIBOR as distributed by MLS GRID #22106860 Report a problem | ||
| 6/11/2003 | Sold | $116,900$78/sqft |
Source: MIBOR as distributed by MLS GRID #2317765 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,742 +13.7% | $263,300 +7.3% |
| 2024 | $2,412 +12.2% | $245,300 +12.9% |
| 2023 | $2,150 +5.8% | $217,300 +12.8% |
| 2022 | $2,032 +11.6% | $192,700 +7.8% |
| 2021 | $1,821 +11.9% | $178,700 +10.4% |
| 2020 | $1,627 +10.4% | $161,900 +13.1% |
| 2019 | $1,474 -0.7% | $143,200 +8.7% |
| 2018 | $1,485 +0.7% | $131,700 +2% |
| 2017 | $1,474 +10.8% | $129,100 +4.5% |
| 2016 | $1,331 +7.8% | $123,500 +11% |
| 2014 | $1,235 +11.5% | $111,300 +5.1% |
| 2013 | $1,108 | $105,900 -3.2% |
| 2012 | $1,108 | $109,400 -1.7% |
| 2011 | -- | $111,300 -5.4% |
| 2010 | $1,176 -2.6% | $117,600 -2.6% |
| 2009 | $1,207 | $120,700 -5.6% |
| 2007 | -- | $127,900 +10.7% |
| 2006 | -- | $115,500 |
| 2005 | -- | $115,500 |
| 2004 | -- | $115,500 |
| 2003 | -- | $115,500 +56.1% |
| 2002 | -- | $74,000 +200% |
| 2001 | -- | $24,670 |
| 2000 | -- | $24,670 |
Find assessor info on the county website
Neighborhood: Valley Mills
Nearby schools
GreatSchools rating
- 4/10Gold AcademyGrades: K-6Distance: 1.2 mi
- 3/10Decatur Middle SchoolGrades: 7-8Distance: 1.8 mi
- 3/10Decatur Central High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$255,100
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Estimated market value
$255,100
- Indiana
- Marion County
- Indianapolis
- 46221
- Valley Mills
- 5543 Alcott Ln
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