Sold628d on market
5502 Char Dr
Indianapolis, IN, 46221 • Valley Mills • Marion County
$241,000
$181/sqft
3Beds
2Baths
1,335Sqft
0.35 acLot
1989Built
Property DNA
Ranch Style
Built 1989 · 37 years of history
Valley Ville
Valley Mills
Outdoor Living
Covered · Patio
1 Fireplace
Great Room · Wood Burning
Storage
Storage
2-Car Garage
Attached
This home is in high demand
Listed 628 days ago · 3 views · Top 0% likely to sell soon
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
628 days on market
Established listing
$181/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 0% 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 1989
Check out this charming, 3-bedroom 2 full bath ranch home with no HOA Fee. Step inside and experience the inviting open concept layout, perfect for everyday living. Recent updates include a new roof, guttering and downspouts, additional insulation blown in attic, new baffles, and exhaust fans vented to exterior. Crawl space has been professionally insulated and encapsulated with primary and backup sump pumps. Renewal by Andersen windows throughout. Main breaker panel professionally replaced and whole house surge protector installed. Furnace and Air Conditioner less than 10 years old. Roof, appliances, and water heater are less than 5 years old.
Standout features identified
Our analysis highlights renewal by andersen windows, inviting open concept layout, and new roof as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,582/month
Principal & Interest$1,261
Property Tax$241
Insurance$80
Down payment20% ($48,200)
3%50%
Est. 6.83% rate · 30yr fixed · $192,800 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1989
HeatingForced Air
Parking2 Attached Garage spaces
Lot0.35 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1989
Stories1
Systems
HeatingForced Air
ConstructionBrick
Water / SewerMunicipal/City
Parking & Outdoor
ParkingAttached
Garage2 spaces
Fireplaces1
Lot0.35 Acres
Location & Tax
NeighborhoodValley Mills
Annual tax$2,010
Parcel491236102014000200
Bathrooms & Fees
Full baths2
Features & details
11 categories of property features
Interior Features
Interior
Cathedral Ceiling(s)
Entrance Foyer
Ceiling Fan(s)
High Speed Internet
Eat-in Kitchen
Pantry
Appliances
Electric Cooktop
Dishwasher
Disposal
Microwave
Refrigerator
Heating
Forced Air
Laundry
Main Level
Fireplace
Great Room
Wood Burning
Windows
Screens
Windows Vinyl
Exterior Features
Parking
Attached
Construction
Brick
Patio & Porch
Covered
Patio
Lot Features
Sidewalks
Street Lights
Other Structures
Storage
Room details
6 rooms detailed
Master Bedroom
Main18×10 ft180 sqft
Hardwood
Bedroom2
Main11×10 ft110 sqft
Carpet
Bedroom3
Main12×12 ft144 sqft
Carpet
Great Room
Main17×15 ft255 sqft
Hardwood
Kitchen
Main15×12 ft180 sqft
Vinyl
Laundry
Main6×5 ft30 sqft
Vinyl
Listing insights
Market data and value estimates
StatusSold
Days on market628
Est. value$251,200
Est. rent$1,603/mo
Tax rate0.96%
Price/sqft$181
On marketJun 13, 2024
PostedJun 13, 2024
Last sold$241,000
MLS statusSold
MLS updatedJul 19, 2024
Tour days6
Views3
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46221
Price history
12 events
DateEventPrice$/sqftSource
Jul 19, 2024Sold$241,000$181MIBOR as distributed by MLS GRID
Jun 15, 2024Pending Sale$236,000$177MIBOR as distributed by MLS GRID
Jun 13, 2024Listed For Sale$236,000$177MIBOR as distributed by MLS GRID
Jun 7, 2021Listing Removed——MIBOR as distributed by MLS GRID
May 29, 2021Pending Sale$179,500$134MIBOR as distributed by MLS GRID
May 27, 2021Listed For Sale$179,500$134MIBOR as distributed by MLS GRID
Nov 30, 2016Sold$135,000$101Agent Provided
Sep 14, 2016Sold$126,000$94MIBOR as distributed by MLS GRID
Jun 27, 2016Listed For Sale$129,900$97RE/MAX Centerstone
May 3, 2016Pending Sale$129,900$97RE/MAX Centerstone
Apr 28, 2016Price Change$129,900$97RE/MAX Centerstone
Apr 3, 2016Listed For Sale$124,900$94RE/MAX Centerstone
Sold$241,000
Jul 19, 2024•$181/sqft•MIBOR as distributed by MLS GRID
Pending Sale$236,000
Jun 15, 2024•$177/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$236,000
Jun 13, 2024•$177/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Jun 7, 2021•MIBOR as distributed by MLS GRID
Pending Sale$179,500
May 29, 2021•$134/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$179,500
May 27, 2021•$134/sqft•MIBOR as distributed by MLS GRID
Sold$135,000
Nov 30, 2016•$101/sqft•Agent Provided
Sold$126,000
Sep 14, 2016•$94/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$129,900
Jun 27, 2016•$97/sqft•RE/MAX Centerstone
Pending Sale$129,900
May 3, 2016•$97/sqft•RE/MAX Centerstone
Price Change$129,900
Apr 28, 2016•$97/sqft•RE/MAX Centerstone
Listed For Sale$124,900
Apr 3, 2016•$94/sqft•RE/MAX Centerstone
Tax history
18 years of records
YearTax paidAssessed value
Apr 9, 2024$2,282$231,100
Apr 9, 2023$2,010$205,900
Apr 9, 2022$1,829$180,600
Apr 9, 2021$1,640$161,500
Apr 9, 2020$1,507$146,400
Apr 9, 2019$1,409$134,400
Apr 9, 2018$1,378$127,200
Apr 9, 2017$933$121,500
Apr 9, 2016$873$86,700
Apr 9, 2014$882$84,100
Apr 9, 2013$840$84,100
Apr 9, 2012$840$84,000
Apr 9, 2011—$98,300
Apr 9, 2010$1,002$100,200
Apr 9, 2009$1,031$103,100
Apr 9, 2007—$116,700
Apr 9, 2006—$112,800
Apr 9, 2005—$105,100
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 20:43:05 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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