For Sale103d on market
5412 Margate Rd
Indianapolis, IN, 46221 • Mars Hill • Marion County
$215,000
$179/sqft
-$5,000 since Mar 26, 2026
Down payment assistance available
3Beds
1Baths
1,200Sqft
0.32 acLot
1963Built
Property DNA
Ranch Style
Built 1963 · 63 years of history
Newlynn
Mars Hill
Outdoor Living
Deck
1 Fireplace
Living Room
2-Car Garage
Detached
This home is getting attention
Listed 103 days ago · 1,337 views · 78 saves
Market activity
Demand and pricing signals for this listing
1,337 views
People checking out this listing
78 saves
Buyers have saved this home
103 days on market
Established listing
$179/sqft
Price per square foot
About this home
Single Family · Built 1963
Desirable brick ranch home on a big, double lot. Large 2-car detached garage with covered patio and a storage shed too. Hardwood floors, woodburning fireplace, and a new wood deck in front & side. New roof & gutters, only 3-years on the furnace and A/C, recent window replacement, new heavy storm doors front & rear. Nice quiet neighborhood.
Standout features identified
Our analysis highlights woodburning fireplace, big double lot, and storage shed as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,417/month
Principal & Interest$1,130
Property Tax$215
Insurance$72
Down payment20% ($43,000)
3%50%
Est. 6.88% rate · 30yr fixed · $172,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1963
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking2 Garage spaces
Lot0.32 Acres
Days on Zillow103 Days
Price/sqft$179
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1963
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionBrick
Water / SewerPublic
Parking & Outdoor
ParkingDetached
Garage2 spaces
Fireplaces1
Lot0.32 Acres
Location & Tax
NeighborhoodMars Hill
Annual tax$1,808
Parcel491236115050000200
Bathrooms & Fees
Full baths1
Features & details
11 categories of property features
Interior Features
Interior
Eat-in Kitchen
Appliances
Electric Cooktop
Dishwasher
Dryer
Gas Water Heater
Oven
Range Hood
Refrigerator
Washer
Heating
Forced Air
Natural Gas
Cooling
Central Air
Laundry
Laundry Closet
Fireplace
Living Room
Windows
Wood Work Stained
Exterior Features
Parking
Detached
Construction
Brick
Patio & Porch
Deck
Lot Features
Mature Trees
Room details
5 rooms detailed
Master Bedroom
Main11×10 ft110 sqft
Bedroom2
Main10×11 ft110 sqft
Bedroom3
Main21×11 ft231 sqft
Kitchen
Main12×13 ft156 sqft
Living Room
Main16×14 ft224 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market103
Est. value$213,900
Est. rent$1,384/mo
Tax rate0.96%
Price/sqft$179
On marketDec 26, 2025
PostedDec 26, 2025
Last sold$69,000
MLS statusActive
MLS updatedApr 5, 2026
Tour days9
Views1,337
Favorites78
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46221
Price history
7 events
DateEventPrice$/sqftSource
Mar 26, 2026Price Change$215,000$179MIBOR as distributed by MLS GRID
Feb 24, 2026Listed For Sale$220,000$183MIBOR as distributed by MLS GRID
Feb 5, 2026Pending Sale$220,000$183MIBOR as distributed by MLS GRID
Jan 13, 2026Price Change$220,000$183MIBOR as distributed by MLS GRID
Dec 26, 2025Listed For Sale$225,000$188MIBOR as distributed by MLS GRID
Jul 7, 2006Sold$69,000$58MIBOR as distributed by MLS GRID
May 1, 2006Sold$74,224$62Public Record
Price Change$215,000
Mar 26, 2026•$179/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$220,000
Feb 24, 2026•$183/sqft•MIBOR as distributed by MLS GRID
Pending Sale$220,000
Feb 5, 2026•$183/sqft•MIBOR as distributed by MLS GRID
Price Change$220,000
Jan 13, 2026•$183/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$225,000
Dec 26, 2025•$188/sqft•MIBOR as distributed by MLS GRID
Sold$69,000
Jul 7, 2006•$58/sqft•MIBOR as distributed by MLS GRID
Sold$74,224
May 1, 2006•$62/sqft•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 8, 2024$1,628$161,200
Apr 8, 2023$1,422$144,500
Apr 8, 2022$1,015$125,700
Apr 8, 2021$1,816$89,200
Apr 8, 2020$1,828$79,000
Apr 8, 2019$1,647$79,000
Apr 8, 2018$2,911$72,000
Apr 8, 2017$1,956$82,300
Apr 8, 2016$1,814$81,000
Apr 8, 2014$1,910$83,300
Apr 8, 2013$794$83,300
Apr 8, 2012$794$81,500
Apr 8, 2011—$88,300
Apr 8, 2010$935$88,900
Apr 8, 2009$822$90,300
Apr 8, 2007—$100,700
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 08:12:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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