Sold628d on market
5534 Milhouse Rd
Indianapolis, IN, 46221 • Valley Mills • Marion County
$276,000
$158/sqft
3Beds
2Baths
1,744Sqft
0.46 acLot
1978Built
Property DNA
Traditional Style
Built 1978 · 48 years of history
Old Mill Park
Valley Mills
Outdoor Living
Deck · Covered
1 Fireplace
Double Sided · Family Room · Wood Burning
Storage
Storage
3-Car Garage
Attached · Carport · Workshop in Garage
Premium Finishes
Walk-In Closet(s)
This home is in high demand
Listed 628 days ago · 4 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
628 days on market
Established listing
$158/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% 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 1978
Recently updated 3-bedroom, 2-bath ranch home showcasing a contemporary kitchen adorned with soft-close cabinets, stainless steel appliances, and granite countertops. Nestled on an expansive lot shaded by mature trees, this residence offers a 2-car garage complemented by an extra carport, a rear deck, a charming tiki bar perfect for gatherings, and a fenced backyard for added privacy. Updated HVAC installed in 2019, along with a new water heater in 2023.
Standout features identified
Our analysis highlights back deck, additional carport, and granite countertops as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,729/month
Principal & Interest$1,361
Property Tax$276
Insurance$92
Down payment20% ($55,200)
3%50%
Est. 6.26% rate · 30yr fixed · $220,800 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1978
HeatingHeat Pump, Electric
Parking3 Attached Garage spaces
Lot0.46 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1978
Stories1
Systems
HeatingHeat Pump, Electric
ConstructionBrick, Cedar
Water / SewerMunicipal/City
Parking & Outdoor
ParkingAttached, Carport, Workshop in Garage
Garage3 spaces
Fireplaces1
FencingFenced,Fence Full Rear
Lot0.46 Acres
Location & Tax
NeighborhoodValley Mills
Annual tax$5,916
Parcel491301117027000200
Bathrooms & Fees
Full baths2
Features & details
11 categories of property features
Interior Features
Interior
Attic Access
Walk-In Closet(s)
Ceiling Fan(s)
Eat-in Kitchen
Entrance Foyer
High Speed Internet
Pantry
Smart Thermostat
Appliances
Dishwasher
Disposal
MicroHood
Microwave
Electric Oven
Refrigerator
Electric Water Heater
Heating
Heat Pump
Electric
Laundry
Main Level
Fireplace
Double Sided
Family Room
Wood Burning
Windows
Storm Window(s)
WoodWorkStain/Painted
Exterior Features
Parking
Attached
Carport
Workshop in Garage
Construction
Brick
Cedar
Patio & Porch
Deck
Covered
Lot Features
Sidewalks
Mature Trees
Wooded
Other Structures
Storage
Room details
7 rooms detailed
Master Bedroom
Main15×15 ft225 sqft
Carpet
Bedroom2
Main14×12 ft168 sqft
Carpet
Bedroom3
Main11×11 ft121 sqft
Carpet
Dining Room
Main12×11 ft132 sqft
Tile-Ceramic
Family Room
Main20×15 ft300 sqft
Tile-Ceramic
Kitchen
Main19×10 ft190 sqft
Tile-Ceramic
Listing insights
Market data and value estimates
StatusSold
Days on market628
Est. value$288,100
Est. rent$1,714/mo
Tax rate0.96%
Price/sqft$158
On marketJun 14, 2024
PostedJun 14, 2024
Last sold$276,000
MLS statusSold
MLS updatedJul 23, 2024
Tour days6
Views4
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46221
Price history
9 events
DateEventPrice$/sqftSource
Jul 19, 2024Sold$276,000$158MIBOR as distributed by MLS GRID
Jun 16, 2024Pending Sale$270,000$155MIBOR as distributed by MLS GRID
Jun 14, 2024Listed For Sale$270,000$155MIBOR as distributed by MLS GRID
Mar 25, 2021Sold$245,000$140MIBOR as distributed by MLS GRID
Feb 23, 2021Pending Sale$229,900$132MIBOR as distributed by MLS GRID
Feb 20, 2021Listed For Sale$229,900$132MIBOR as distributed by MLS GRID
Aug 30, 2013Sold$121,000$69MIBOR as distributed by MLS GRID
Jun 28, 2013Price Change$122,000$70Mooresville
Jun 13, 2013Listed For Sale$127,000$73Carpenter Realtors
Sold$276,000
Jul 19, 2024•$158/sqft•MIBOR as distributed by MLS GRID
Pending Sale$270,000
Jun 16, 2024•$155/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$270,000
Jun 14, 2024•$155/sqft•MIBOR as distributed by MLS GRID
Sold$245,000
Mar 25, 2021•$140/sqft•MIBOR as distributed by MLS GRID
Pending Sale$229,900
Feb 23, 2021•$132/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$229,900
Feb 20, 2021•$132/sqft•MIBOR as distributed by MLS GRID
Sold$121,000
Aug 30, 2013•$69/sqft•MIBOR as distributed by MLS GRID
Price Change$122,000
Jun 28, 2013•$70/sqft•Mooresville
Listed For Sale$127,000
Jun 13, 2013•$73/sqft•Carpenter Realtors
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$2,833$277,300
Apr 9, 2023$5,187$242,500
Apr 9, 2022$1,743$229,600
Apr 9, 2021$1,641$154,200
Apr 9, 2020$1,497$145,800
Apr 9, 2019$1,408$132,800
Apr 9, 2018$1,356$126,500
Apr 9, 2017$1,459$118,900
Apr 9, 2016$1,259$121,700
Apr 9, 2014$1,123$102,300
Apr 9, 2013$1,051$96,700
Apr 9, 2012$1,051$105,100
Apr 9, 2011—$106,900
Apr 9, 2010$1,118$111,800
Apr 9, 2009$1,143$114,300
Apr 9, 2007—$117,600
Apr 9, 2006—$113,600
Apr 9, 2005—$106,200
Apr 9, 2004—$106,200
Apr 9, 2003—$106,200
Apr 9, 2002—$65,500
Apr 9, 2001—$21,840
Apr 9, 2000—$21,840
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 17:33:00 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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