Welcome to this beautifully updated home. The neutral color paint scheme provides a calming and inviting atmosphere. The primary bedroom boasts a spacious walk-in closet, perfect for all your storage needs. Enjoy the privacy of a fenced-in backyard, ideal for outdoor relaxation and entertainment. The home features new flooring throughout, adding a touch of modern elegance. Fresh interior paint gives the home a clean and refreshed look. This property is a must-see for anyone seeking a move-in ready home with tasteful updates. Don't miss out on this gem!. Included 100-Day Home Warranty with buyer activation
Sold
$217,000
5561 Lippan Way, Indianapolis, IN 46221
3beds
1,031sqft
Residential, Single Family Residence
Built in 1998
7,840.8 Square Feet Lot
$218,800 Zestimate®
$210/sqft
$1,634 Estimated rent
Home value
$218,800
$206,000 - $234,000
$1,634/mo
Zestimate® history
Owner options
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$1,634/mo
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$1,634/mo
Rent Zestimate®
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$1,586/mo
Est. payment
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$1,586/mo
Est. payment
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List your homeWhat's special
Fenced-in backyardFresh interior paintNeutral color paint scheme
Zillow last checked:
Listing updated:
Listing Provided by:
Shelby Farrar 463-218-9259,
Opendoor Brokerage LLC
Bought with:
LaKisha Lately
Compass Indiana, LLC
Brittany Perry
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22071510
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Features: Other
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 2
- Features: Other
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 x 10
Bedroom 3
- Features: Other
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10 x 9
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Heating
- Forced Air
Cooling
- Other
Appliances
- Included: Dishwasher, Electric Oven
Features
- Walk-In Closet(s)
- Has basement: No
Interior area
- Total structure area: 1,031
- Total interior livable area: 1,031 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,840 sqft
Details
- Parcel number: 491312110011000200
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Pheasant Run
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $180 annually
- Association phone: 317-541-0000
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2026 | Sold | $217,000$210/sqft |
Source:  MIBOR as distributed by MLS GRID #22071510 Report a problem | ||
| 2/4/2026 | Pending sale | $217,000$210/sqft |
Source: MIBOR as distributed by MLS GRID #22071510 Report a problem | ||
| 1/29/2026 | Price change | $217,000-1.4%$210/sqft |
Source: MIBOR as distributed by MLS GRID #22071510 Report a problem | ||
| 12/26/2025 | Listed for sale | $220,000$213/sqft |
Source: MIBOR as distributed by MLS GRID #22071510 Report a problem | ||
| 11/7/2025 | Pending sale | $220,000$213/sqft |
Source: MIBOR as distributed by MLS GRID #22071510 Report a problem | ||
| 11/3/2025 | Listed for sale | $220,000+10.4%$213/sqft |
Source: MIBOR as distributed by MLS GRID #22071510 Report a problem | ||
| 10/9/2025 | Sold | $199,300$193/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,701 +2% | $196,200 +6.3% |
| 2024 | $1,668 +2% | $184,600 +10.3% |
| 2023 | $1,635 +8.4% | $167,400 +12.9% |
| 2022 | $1,508 +11.8% | $148,300 +10% |
| 2021 | $1,349 +12.8% | $134,800 +10.5% |
| 2020 | $1,196 +7.8% | $122,000 +12.4% |
| 2019 | $1,109 -3.3% | $108,500 +6.4% |
| 2018 | $1,147 +2.1% | $102,000 |
| 2017 | $1,123 +12.9% | $102,000 +5.8% |
| 2016 | $995 +8.2% | $96,400 +12.5% |
| 2014 | $920 +9.4% | $85,700 +5.2% |
| 2013 | $841 | $81,500 -3.1% |
| 2012 | $841 | $84,100 +5.7% |
| 2011 | -- | $79,600 -5.2% |
| 2010 | $813 +13.3% | $84,000 -2.6% |
| 2009 | $717 | $86,200 -5.7% |
| 2007 | -- | $91,400 -0.8% |
| 2006 | -- | $92,100 +7.7% |
| 2005 | -- | $85,500 |
| 2004 | -- | $85,500 |
| 2003 | -- | $85,500 +56.3% |
| 2002 | -- | $54,700 +200.1% |
| 2001 | -- | $18,230 |
| 2000 | -- | $18,230 |
Find assessor info on the county website
Neighborhood: Valley Mills
Nearby schools
GreatSchools rating
- 4/10Gold AcademyGrades: K-6Distance: 1.4 mi
- 3/10Decatur Middle SchoolGrades: 7-8Distance: 1.9 mi
- 3/10Decatur Central High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Gold Academy
- Middle: Decatur Middle School
- High: Decatur Central High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$218,800
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
$218,800
- Indiana
- Marion County
- Indianapolis
- 46221
- Valley Mills
- 5561 Lippan Way
Nearby cities
Nearby neighborhoods
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