Sold238d on market
7118 Milhouse Rd
Indianapolis, IN, 46221 • Valley Mills • Marion County
$260,000
$106/sqft
3Beds
2Baths
2,450Sqft
0.52 acLot
1962Built
Property DNA
Ranch Style
Built 1962 · 64 years of history
Valley Mills
Valley Mills
Outdoor Living
Covered · Deck
1 Fireplace
Masonry · Basement
Storage
Storage
2-Car Garage
Detached
This home is in high demand
Listed 238 days ago · 6 views · Top 2% likely to sell soon
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
238 days on market
Established listing
$106/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 2% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1962
Welcome to this well-maintained 3-bedroom, 2-bath ranch-style home offering 1,225 square feet of comfortable living space, plus a full basement with a cozy fireplace-perfect for relaxing or entertaining. Originally built in 1962, this single-story home combines classic charm with functional updates, including hardwood flooring. The spacious kitchen and living areas offer great natural light, while all three bedrooms provide ample space for rest and relaxation. Enjoy the convenience of a 2-car garage and a generous 0.52-acre lot-ideal for outdoor activities, gardening, or future additions. Located in the sought-after Decatur Township school district, this home is just minutes from Valley Mills Elementary, Decatur Middle School, and Decatur Central High School. New Roof 2018; New Windows 2021; New Basement Floor 2022; New Hot water heater, Furnace and Air Conditioner 2022; Updated Bathroom
Standout features identified
Our analysis highlights cozy fireplace, great natural light, and updated bathroom as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,628/month
Principal & Interest$1,282
Property Tax$260
Insurance$87
Down payment20% ($52,000)
3%50%
Est. 6.26% rate · 30yr fixed · $208,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1962
HeatingForced Air
CoolingCentral Air
Parking2 Garage spaces
Lot0.52 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1962
Stories1
Systems
HeatingForced Air
CoolingCentral Air
ConstructionStone
Water / SewerPublic
Parking & Outdoor
ParkingDetached
Garage2 spaces
BasementExterior Entry,Interior Entry,Partially Finished
Fireplaces1
Lot0.52 Acres
Location & Tax
NeighborhoodValley Mills
Annual tax$1,980
Parcel491302117007000200
Bathrooms & Fees
Full baths2
Features & details
9 categories of property features
Interior Features
Interior
Central Vacuum
Vaulted Ceiling(s)
Sauna
Appliances
Microwave
Water Heater
Refrigerator
Dishwasher
Heating
Forced Air
Cooling
Central Air
Fireplace
Masonry
Basement
Exterior Features
Parking
Detached
Construction
Stone
Patio & Porch
Covered
Deck
Other Structures
Storage
Room details
9 rooms detailed
Master Bedroom
Main13×11 ft143 sqft
Bedroom2
Main13×12 ft156 sqft
Bedroom3
Main12×10 ft120 sqft
Dining Room
Main12×11 ft132 sqft
Tile-Ceramic
Kitchen
Main11×11 ft121 sqft
Tile-Ceramic
Living Room
Main20×12 ft240 sqft
Tile-Ceramic
Listing insights
Market data and value estimates
StatusSold
Days on market238
Est. value$265,100
Est. rent$1,873/mo
Tax rate0.96%
Price/sqft$106
On marketJul 11, 2025
PostedJul 11, 2025
Last sold$260,000
MLS statusSold
MLS updatedAug 14, 2025
Tour days6
Views6
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46221
Price history
3 events
DateEventPrice$/sqftSource
Aug 13, 2025Sold$260,000$106MIBOR as distributed by MLS GRID
Jul 14, 2025Pending Sale$260,000$106MIBOR as distributed by MLS GRID
Jul 11, 2025Listed For Sale$260,000$106MIBOR as distributed by MLS GRID
Sold$260,000
Aug 13, 2025•$106/sqft•MIBOR as distributed by MLS GRID
Pending Sale$260,000
Jul 14, 2025•$106/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$260,000
Jul 11, 2025•$106/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$2,149$218,200
Apr 9, 2023$2,037$194,400
Apr 9, 2022$1,716$183,100
Apr 9, 2021$1,430$152,300
Apr 9, 2020$1,438$128,900
Apr 9, 2019$1,320$128,900
Apr 9, 2018$1,247$120,000
Apr 9, 2017$1,412$110,400
Apr 9, 2016$1,311$118,400
Apr 9, 2014$1,228$112,000
Apr 9, 2013$1,174$112,000
Apr 9, 2012$1,174$117,400
Apr 9, 2011—$106,900
Apr 9, 2010$1,086$108,600
Apr 9, 2009$1,107$110,700
Apr 9, 2007—$121,500
Apr 9, 2006—$122,200
Apr 9, 2005—$102,000
Apr 9, 2004—$102,000
Apr 9, 2003—$102,000
Apr 9, 2002—$52,900
Apr 9, 2001—$17,630
Apr 9, 2000—$17,630
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 2026-04-09 01:03:11 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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