Welcome to this 3-bedroom, 1.5-bath ranch home offering 1,284 square feet of comfortable living space, ideally situated on a generous 0.56-acre lot in Indianapolis. This move-in-ready property combines classic character with making it a fantastic opportunity for a variety of buyers. Step inside to a warm and inviting living room featuring a cozy fireplace, creating the perfect focal point for relaxing evenings or gathering with family and friends. The home offers three well-proportioned bedrooms, providing flexibility for family, guests, or a home office setup. A full bathroom and an additional half bath help accommodate daily routines with ease. A dedicated laundry room adds convenience and practicality to the home's layout. The fully fenced backyard provides privacy and plenty of room for recreation, pets, or gardening. Enjoy entertaining or unwinding on the spacious deck or the charming patio, perfect for taking in the peaceful surroundings. Additional updates and features include newer windows installed approximately 5-6 years ago, improving energy efficiency and natural light, as well as a professionally encapsulated crawlspace completed within the last 2-3 years for added peace of mind. The septic system will be pumped prior to closing. Built in 1961, this single-story home offers timeless appeal. With its combination of indoor comfort, and outdoor space, this property is ready to welcome its next owner.
Sold
$190,000
5565 Varna Dr, Indianapolis, IN 46221
3beds
1,284sqft
Residential, Single Family Residence
Built in 1961
0.56 Acres Lot
$190,600 Zestimate®
$148/sqft
$1,790 Estimated rent
Home value
$190,600
$181,000 - $200,000
$1,790/mo
Zestimate® history
Owner options
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$1,262/mo
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List your homeWhat's special
Additional half bathCozy fireplaceCharming patioSpacious deckThree well-proportioned bedroomsFully fenced backyardDedicated laundry room
Zillow last checked:
Listing updated:
Listed by:
Zachery Archer 317-292-1933,
CrestPoint Real Estate
Bought with:
Mariangel Labrador Hernandez
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22095097
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Laundry
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9x8
Living room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer, Water Heater
- Laundry: Laundry Room
Features
- Eat-in Kitchen
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,284
- Total interior livable area: 1,284 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 0.56 Acres
Details
- Additional structures: Storage
- Parcel number: 491236112020000200
- Special conditions: As Is,Other
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Stone
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Mars Hill
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $174,400
- Annual tax amount: $1,444
- Date on market: 4/17/2026
- Cumulative days on market: 3 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Sold | $190,000$148/sqft |
Source:  MIBOR as distributed by MLS GRID #22095097 Report a problem | ||
| 4/20/2026 | Pending sale | $190,000$148/sqft |
Source: MIBOR as distributed by MLS GRID #22095097 Report a problem | ||
| 4/17/2026 | Listed for sale | $190,000$148/sqft |
Source: MIBOR as distributed by MLS GRID #22095097 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,334 -1.1% | $174,400 +42.4% |
| 2024 | $1,350 +20.8% | $122,500 |
| 2023 | $1,117 +0.6% | $122,500 +16.2% |
| 2022 | $1,110 +6.3% | $105,400 +5.9% |
| 2021 | $1,044 -5.9% | $99,500 |
| 2020 | $1,110 +12.2% | $99,500 |
| 2019 | $989 -2.3% | $99,500 +8.3% |
| 2018 | $1,013 -3.3% | $91,900 +4.1% |
| 2017 | $1,047 +13% | $88,300 +1.8% |
| 2016 | $927 +1.8% | $86,700 +4.7% |
| 2014 | $911 +10.1% | $82,800 |
| 2013 | $827 | $82,800 +2.3% |
| 2012 | $827 | $80,900 -7.3% |
| 2011 | -- | $87,300 -0.9% |
| 2010 | $905 -3.1% | $88,100 -4.2% |
| 2009 | $934 | $92,000 -10.9% |
| 2007 | -- | $103,200 +2.3% |
| 2006 | -- | $100,900 -4.5% |
| 2005 | -- | $105,700 |
| 2004 | -- | $105,700 |
| 2003 | -- | $105,700 +100.6% |
| 2002 | -- | $52,700 +199.9% |
| 2001 | -- | $17,570 |
| 2000 | -- | $17,570 |
Find assessor info on the county website
Neighborhood: Mars Hill
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Nearby schools
GreatSchools rating
- 2/10Liberty Early Elementary SchoolGrades: PK-6Distance: 1 mi
- 3/10Decatur Middle SchoolGrades: 7-8Distance: 1.4 mi
- 3/10Decatur Central High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$190,600
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Estimated market value
$190,600
- Indiana
- Marion County
- Indianapolis
- 46221
- Mars Hill
- 5565 Varna Dr
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