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Off market
  • $297,800

    5809 Grassy Bank Dr, Indianapolis, IN 46237

    4beds
    2,358sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $297,800 Zestimate®
    $126/sqft
    $2,143 Estimated rent

    Home value

    $297,800

    $283,000 - $313,000

    $2,143/mo

    Zestimate® history
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    What's special

    Peaceful pondAttached garageSpacious primary suiteExceptional closet spaceExpansive ensuite bathroomBright and functional kitchenCentral ac

    Your home awaits! 5809 Grassy Bank Dr Indianapolis IN 46237 4BR Pet-Friendly Home w/ Backyard and Garage! *ESTIMATED TOTAL MONTHLY LEASING PRICE: $1,904.95 - $130.00 Actual Base Rent: $1800.00 - (Monthly Rent Reduction) = $1,670.00 (Adjusted Base Rent) *ESTIMATED TOTAL MONTHLY LEASING PRICE: $1,904.95 Base Rent: $1,800.00 Filter Delivery: $5.00 Renters Insurance: $10.95 $1M Identify Protection, Credit Building, Resident Rewards, Move-In Concierge: $34.00 High-speed Internet up to 1 Gig: $55.00 *The estimated total monthly leasing price does not include utilities or optional/conditional fees, such as: pet, utility service, and security deposit waiver fees. Our Resident Benefits Package includes required Renters Insurance, Utility Service Set-Up, Identity Theft Protection, Resident Rewards, HVAC air filter delivery (where applicable), and Credit Building, all at the additional monthly cost shown above. MOVE IN SPECIAL TERMS & CONDITIONS MOVE IN SPECIAL TERMS: 1. $500 OFF First Full Month Rent 2. One-Month Free Rent Shall Be Prorated Over 14 Months As A Monthly Rent Reduction PROPERTY DESCRIPTION Welcome to 5809 Grassy Bank Drive, a beautiful 4 bedroom, 2 bath residence that perfectly balances comfort and tranquility. Boasting 2,358 sq ft, this home features a well-designed layout that enhances both everyday living and entertaining. The spacious primary suite serves as a private retreat with an expansive ensuite bathroom and exceptional closet space. The open living area flows seamlessly into a bright and functional kitchen, complete with a refrigerator and dishwasher, creating the ideal setting for gatherings. Each bedroom is generously sized, and abundant storage throughout the home adds to its convenience. Step outside to a serene backyard overlooking a peaceful pond, offering the perfect spot for evening relaxation, weekend barbecues, or simply enjoying the natural views. Additional amenities include washer and dryer hook ups, central AC, forced air heating, and an attached garage for added ease. Located in a welcoming neighborhood with quick access to shopping, dining, and schools, this property combines modern comfort with a tranquil backdrop. Lease terms beyond 12 months are available. Schedule your tour today and experience the lifestyle waiting at 5809 Grassy Bank Drive. $0 DEPOSIT TERMS & CONDITIONS: HomeRiver Group has partnered with Termwise to offer an affordable alternative to an upfront cash security deposit. Eligible residents can choose between paying an upfront security deposit or replacing it with an affordable Termwise monthly security deposit waiver fee. LEASE COMMENCEMENT REQUIREMENTS: Once approved, the lease commencement date must be within 14 days. If the property is unavailable for move-in, the lease commencement date must be set within 14 days of the expected availability date. BEWARE OF SCAMS: HomeRiver Group does not advertise properties on Craigslist, LetGo, or other classified ad websites. If you suspect one of our properties has been fraudulently listed on these platforms, please notify HomeRiver Group immediately. All payments related to leasing with HomeRiver Group are made exclusively through our website. We never accept wire transfers or payments via Zelle, PayPal, or Cash App. All leasing information contained herein is deemed accurate but not guaranteed. Please note that changes may have occurred since the photographs were taken. Square footage is estimated. This home is not set up for housing vouchers. $75.00 application fee per applicant 18 years of age and older. One-time non-refundable admin fee of $250.00. $300.00 non-refundable pet fee per pet and $25.00 monthly pet rent per pet. Tenant to pay for all utilities and lawn care.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    Interior area
    • Total interior livable area: 2,358 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Heating system: ForcedAir
    Details
    • Parcel number: 491502121013000300

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $1,670
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $126/sqft
    • Tax assessed value: $293,500
    • Annual tax amount: $5,690
    • Date on market: 9/10/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    11/1/2025Listing removed$1,670$1/sqft
    Source: Zillow Rentals Report a problem
    10/28/2025Price change$1,670-7.2%$1/sqft
    Source: Zillow Rentals Report a problem
    10/7/2025Price change$1,800-5.3%$1/sqft
    Source: Zillow Rentals Report a problem
    9/23/2025Price change$1,900-5%$1/sqft
    Source: Zillow Rentals Report a problem
    9/10/2025Listed for rent$2,000+45.5%$1/sqft
    Source: Zillow Rentals Report a problem
    9/1/2017Sold$163,000+0.7%$69/sqft
    Source: Public Record Report a problem
    5/13/2017Listing removed$1,375$1/sqft
    Source: Zillow Rental Network Report a problem
    3/30/2017Listed for rent$1,375$1/sqft
    Source: Zillow Rental Network Report a problem
    12/31/2016Listing removed$161,900$69/sqft
    Source: Keller Williams - Indy Metro West #21438773 Report a problem
    12/14/2016Listed for sale$161,900$69/sqft
    Source: Keller Williams - Indy Metro West #21438773 Report a problem
    11/11/2016Pending sale$161,900$69/sqft
    Source: Keller Williams - Indy Metro West #21438773 Report a problem
    9/6/2016Listed for sale$161,900+17.7%$69/sqft
    Source: Keller Williams Indy Metro W #21438773 Report a problem
    11/24/2015Sold$137,500+20.6%$58/sqft
    Source: MIBOR as distributed by MLS GRID #21368949 Report a problem
    10/5/2009Sold$114,000-8.7%$48/sqft
    Source: MIBOR as distributed by MLS GRID #2854462 Report a problem
    5/10/2009Listing removed$124,900$53/sqft
    Source: Carpenter Realtors #2854462 Report a problem
    4/10/2009Price change$124,900-3.2%$53/sqft
    Source: Carpenter Realtors #2854462 Report a problem
    3/11/2009Price change$129,000-4.4%$55/sqft
    Source: Carpenter Realtors #2854462 Report a problem
    11/21/2008Price change$134,900-3.6%$57/sqft
    Source: Carpenter Realtors #2854462 Report a problem
    10/28/2008Listed for sale$139,900$59/sqft
    Source: Carpenter Realtors #2854462 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,690 +13.8%$293,500 +3.2%
    2024$5,000 -1%$284,500 +13.8%
    2023$5,050 +22.9%$250,000 -1%
    2022$4,108 +5.8%$252,500 +22.9%
    2021$3,884 +6.4%$205,400 +5.8%
    2020$3,652 +14%$194,200 +6.4%
    2019$3,204 +8.2%$182,600 +14%
    2018$2,962 -30.7%$160,200 +9.4%
    2017$4,273 +225.5%$146,500 +6.4%
    2016$1,313 +5%$137,700 +10.1%
    2014$1,251 -0.2%$125,100 +1.1%
    2013$1,254 $123,800 -1.3%
    2012$1,254 $125,400 +2.1%
    2011-- $122,800 -5.8%
    2010$1,303 +6.1%$130,300 +6.1%
    2009$1,228 $122,800 -11.7%
    2007-- $139,000 -3.5%
    2006-- $144,000
    Find assessor info on the county website

    Neighborhood: Galludet

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $297,800
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    Estimated market value
    $297,800