Pending63d on market
5617 Milhouse Rd
Indianapolis, IN, 46221 • Valley Mills • Marion County
$249,900
$122/sqft
+$7,400 since Mar 21, 2026
Down payment assistance available
4Beds
2Baths
2,044Sqft
0.33 acLot
1979Built
Property DNA
Traditional Style
Built 1979 · 47 years of history
Old Mill Park
Valley Mills
1 Fireplace
Basement · Wood Burning
1-Car Garage
Attached
Premium Finishes
Walk-In Closet(s)
This home is getting attention
Listed 63 days ago · 1,167 views · 84 saves
Market activity
Demand and pricing signals for this listing
1,167 views
People checking out this listing
84 saves
Buyers have saved this home
63 days on market
Established listing
$122/sqft
Price per square foot
About this home
Single Family · Built 1979
Beautifully updated 4-bedroom, 2-bathroom home at 5617 Milhouse Road with fully fenced yard! This well-maintained residence features brand new updates throughout, including cabinets, LVP flooring, carpet, paint, countertops and more! Enjoy easy access to major highways with I-465 just 5 minutes away and I-69 only 10 minutes from your door, making commutes a breeze. Perfect for families seeking move-in ready condition with excellent location and connectivity. Don't miss this opportunity to own in a prime Indianapolis location with quick access to shopping, dining, and entertainment!
Standout features identified
Our analysis highlights fully fenced yard, brand new updates throughout, and lvp flooring as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,647/month
Principal & Interest$1,313
Property Tax$250
Insurance$83
Down payment20% ($49,980)
3%50%
Est. 6.88% rate · 30yr fixed · $199,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1979
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking1 Attached Garage space
Lot0.33 Acres
Days on Zillow63 Days
Price/sqft$122
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1979
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionBrick, Vinyl Siding
Water / SewerPublic
Parking & Outdoor
ParkingAttached
Garage1 spaces
Fireplaces1
Lot0.33 Acres
Location & Tax
NeighborhoodValley Mills
Annual tax$4,554
Parcel491312125006000200
Bathrooms & Fees
Full baths2
Features & details
7 categories of property features
Interior Features
Interior
Entrance Foyer
Eat-in Kitchen
Walk-In Closet(s)
Appliances
Dishwasher
Microwave
Heating
Forced Air
Natural Gas
Cooling
Central Air
Fireplace
Basement
Wood Burning
Exterior Features
Parking
Attached
Construction
Brick
Vinyl Siding
Room details
8 rooms detailed
Master Bedroom
Upper14×12 ft168 sqft
Bedroom2
Upper12×10 ft120 sqft
Bedroom3
Upper11×10 ft110 sqft
Bedroom4
Basement12×14 ft168 sqft
Family Room
Basement10×9 ft90 sqft
Kitchen
Main13×12 ft156 sqft
Listing insights
Market data and value estimates
StatusPending
Days on market63
Est. value$246,800
Est. rent$1,819/mo
Tax rate0.96%
Price/sqft$122
On marketFeb 3, 2026
PostedFeb 3, 2026
MLS statusPending
MLS updatedMar 27, 2026
Tour days6
Views1,167
Favorites84
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46221
Price history
4 events
DateEventPrice$/sqftSource
Mar 27, 2026Pending Sale$249,900$122MIBOR as distributed by MLS GRID
Mar 21, 2026Price Change$249,900$122MIBOR as distributed by MLS GRID
Feb 8, 2026Pending Sale$242,500$119MIBOR as distributed by MLS GRID
Feb 3, 2026Listed For Sale$242,500$119MIBOR as distributed by MLS GRID
Pending Sale$249,900
Mar 27, 2026•$122/sqft•MIBOR as distributed by MLS GRID
Price Change$249,900
Mar 21, 2026•$122/sqft•MIBOR as distributed by MLS GRID
Pending Sale$242,500
Feb 8, 2026•$119/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$242,500
Feb 3, 2026•$119/sqft•MIBOR as distributed by MLS GRID
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$3,986$203,800
Apr 8, 2023$3,698$178,400
Apr 8, 2022$3,056$165,200
Apr 8, 2021$2,871$133,400
Apr 8, 2020$2,701$126,200
Apr 8, 2019$2,484$117,900
Apr 8, 2018$2,034$109,700
Apr 8, 2017$2,131$86,500
Apr 8, 2016$1,891$88,300
Apr 8, 2014$1,678$72,500
Apr 8, 2013$1,523$67,500
Apr 8, 2012$1,523$74,800
Apr 8, 2011—$73,100
Apr 8, 2010$1,656$82,200
Apr 8, 2009$1,694$84,100
Apr 8, 2007—$86,900
Apr 8, 2004—$87,500
Apr 8, 2003—$87,500
Apr 8, 2002—$56,500
Apr 8, 2001—$18,830
Apr 8, 2000—$18,830
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 12:08:17 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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