This isn't just a house; it's a feeling of warmth, freedom, and timeless character, all waiting for you on a sprawling 0.39-acre lot. This home offers a rare and coveted feature: two distinct living spaces. A light-filled living room with classic hardwood floors welcomes you in. But the true soul of this home is the separate, spacious family room. As the days get shorter, imagine yourself gathered with loved ones around the glowing warmth of the floor-to-ceiling brick fireplace, flanked by a matching brick accent wall. This is the room where holiday memories will be made, a cozy sanctuary from the outside world. This space opens directly to your covered back patio, where you can sip your morning coffee and overlook a private, tree-lined, and fenced backyard. With NO HOA, this is your personal oasis. You have the freedom to plant that garden, build a playset, and store all your tools and toys in the handy, oversized storage shed. Plus, you're just moments from the beautiful trails at Fall Creek Parkway Preserve. This thoughtful ranch layout offers effortless single-level living. Three bedrooms are tucked away quietly for privacy, sharing a central full bath. An expansive utility room off the garage provides the practical storage and drop-zone you've been looking for. A home that offers this much character, two living spaces, and the freedom of no HOA is a rare find that will be claimed instantly. Schedule your private showing today before this dream becomes someone else's reality!
Sold
$245,000
5566 N Drexel Ave, Indianapolis, IN 46220
3beds
1,160sqft
Residential, Single Family Residence
Built in 1955
0.39 Acres Lot
$231,600 Zestimate®
$211/sqft
$1,800 Estimated rent
Home value
$231,600
$220,000 - $243,000
$1,800/mo
Zestimate® history
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$1,619/mo
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List your homeWhat's special
Floor-to-ceiling brick fireplaceClassic hardwood floorsMatching brick accent wallExpansive utility roomTwo distinct living spacesCovered back patioSeparate spacious family room
Zillow last checked:
Listing updated:
Listed by:
Eric Forney 317-271-5959,
Keller Williams Indy Metro S,
Kirsten Brown,
Keller Williams Indy Metro S
Bought with:
Eric Forney
Keller Williams Indy Metro S
Kirsten Brown
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22056460
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: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10x13
Bedroom 3
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Breakfast room
- Level: Main
- Area: 88 Square Feet
- Dimensions: 8x11
Family room
- Level: Main
- Area: 273 Square Feet
- Dimensions: 21x13
Kitchen
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9x11
Living room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Utility room
- Level: Main
- Area: 138 Square Feet
- Dimensions: 6x23
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
- Laundry: Laundry Room, Main Level, Sink
Features
- Entrance Foyer, Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen, Pantry
- Flooring: Hardwood
- Windows: Wood Work Painted
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Masonry, Wood Burning
Interior area
- Total structure area: 1,160
- Total interior livable area: 1,160 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: Fenced,Full
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.39 Acres
- Features: Suburb
Details
- Additional structures: Barn Mini, Storage
- Parcel number: 490709118016000800
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Water: Private
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Fowlers Fall Creek
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $211/sqft
- Tax assessed value: $219,700
- Annual tax amount: $2,362
- Date on market: 10/30/2025
- Cumulative days on market: 33 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Sold | $245,000+4.3%$211/sqft |
Source:  MIBOR as distributed by MLS GRID #22056460 Report a problem | ||
| 12/2/2025 | Pending sale | $235,000$203/sqft |
Source: MIBOR as distributed by MLS GRID #22056460 Report a problem | ||
| 11/12/2025 | Price change | $235,000-6%$203/sqft |
Source: MIBOR as distributed by MLS GRID #22056460 Report a problem | ||
| 11/5/2025 | Price change | $250,000-3.8%$216/sqft |
Source: MIBOR as distributed by MLS GRID #22056460 Report a problem | ||
| 10/30/2025 | Listed for sale | $260,000$224/sqft |
Source: MIBOR as distributed by MLS GRID #22056460 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,361 +25.3% | $219,700 +10.4% |
| 2024 | $1,884 +3.8% | $199,000 +14.5% |
| 2023 | $1,815 +23.1% | $173,800 +8.6% |
| 2022 | $1,475 +4.4% | $160,000 +18.5% |
| 2021 | $1,412 +43% | $135,000 |
| 2020 | $988 +6.1% | $135,000 +19% |
| 2019 | $930 -10.2% | $113,400 +2.2% |
| 2018 | $1,036 +2.7% | $111,000 -5% |
| 2017 | $1,009 +24.3% | $116,800 +2.8% |
| 2016 | $812 +2.2% | $113,600 +2.8% |
| 2014 | $794 -0.3% | $110,500 |
| 2013 | $796 | $110,500 -1.4% |
| 2012 | $796 | $112,100 +1.5% |
| 2011 | -- | $110,400 |
| 2010 | $726 +9.4% | $110,400 -2.6% |
| 2009 | $664 | $113,400 +4.9% |
| 2007 | -- | $108,100 +8.1% |
| 2006 | -- | $100,000 +38.3% |
| 2005 | -- | $72,300 |
| 2004 | -- | $72,300 |
| 2003 | -- | $72,300 +36.2% |
| 2002 | -- | $53,100 +200% |
| 2001 | -- | $17,700 |
| 2000 | -- | $17,700 |
Find assessor info on the county website
Neighborhood: Millersville
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Nearby schools
GreatSchools rating
- 7/10Clearwater Elementary SchoolGrades: K-5Distance: 3 mi
- 6/10Eastwood Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10North Central High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Clearwater Elementary School
- Middle: Eastwood Middle School
- High: North 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
$231,600
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Estimated market value
$231,600
- Indiana
- Marion County
- Indianapolis
- 46220
- Millersville
- 5566 N Drexel Ave
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