Pending16d on market
5537 Char Dr
Indianapolis, IN, 46221 • Valley Mills • Marion County
$270,000
$195/sqft
Down payment assistance available
3Beds
2Baths
1,384Sqft
0.32 acLot
1987Built
Property DNA
Neighborhood Views
Neighborhood
Ranch Style
Built 1987 · 39 years of history
No Subdivision
Valley Mills
1 Fireplace
Living Room · Masonry
Storage
Storage
2-Car Garage
Attached
Premium Finishes
Walk-In Closet(s)
This home is in high demand
Listed 16 days ago · 1,402 views · 125 saves · Top 2% likely to sell soon
Market activity
Demand and pricing signals for this listing
1,402 views
People checking out this listing
125 saves
Buyers have saved this home
16 days on market
Recently listed
$195/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 1987
Completely reimagined and finished to perfection, this stunning Decatur Township home is the definition of turn-key living. Every inch has been thoughtfully renovated-featuring a brand new roof, HVAC, appliances, fixtures, cabinets, garage door, flooring, trim, fresh paint and more-delivering the look and feel of new construction without the wait. Step inside to a bright, modern interior where clean lines and high-end finishes shine throughout. The show-stopping primary suite offers a true retreat, with a spacious bedroom and a luxurious en-suite bath featuring a double vanity, a fully tiled walk-in shower, and a separate soaking tub-designed for both comfort and style. From top to bottom, no detail has been overlooked. This is more than just an update-it's a complete transformation, offering peace of mind, elevated design, and effortless living in one of Decatur Township's most convenient locations.
Standout features identified
Our analysis highlights bright modern interior, spacious bedroom, and show-stopping primary suite as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,691/month
Principal & Interest$1,331
Property Tax$270
Insurance$90
Down payment20% ($54,000)
3%50%
Est. 6.26% rate · 30yr fixed · $216,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1987
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking2 Attached Garage spaces
Lot0.32 Acres
Days on Zillow16 Days
Price/sqft$195
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
ConditionUpdated/Remodeled
Year built1987
Stories1
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
ConstructionBrick, Stone
Water / SewerPublic
Parking & Outdoor
ParkingAttached
Garage2 spaces
Fireplaces1
FencingFenced,Full
Lot0.32 Acres
Location & Tax
NeighborhoodValley Mills
Annual tax$2,534
Parcel491236102004000200
Bathrooms & Fees
Full baths2
Features & details
10 categories of property features
Interior Features
Interior
Double Vanity
Pantry
Walk-In Closet(s)
Breakfast Bar
Appliances
Dishwasher
Electric Water Heater
MicroHood
Microwave
Electric Oven
Refrigerator
Water Heater
Heating
Natural Gas
Forced Air
Cooling
Central Air
Laundry
Connections All
Fireplace
Living Room
Masonry
Exterior Features
Parking
Attached
Construction
Brick
Stone
Views
Neighborhood
Other Structures
Storage
Room details
7 rooms detailed
Master Bedroom
Main19×11 ft209 sqft
Bedroom2
Main12×10 ft120 sqft
Bedroom3
Main11×10 ft110 sqft
Dining Room
Main12×11 ft132 sqft
Kitchen
Main11×8 ft88 sqft
Laundry
Main6×4 ft24 sqft
Listing insights
Market data and value estimates
StatusPending
Days on market16
Tax rate0.96%
Price/sqft$195
On marketMar 23, 2026
PostedMar 23, 2026
Last sold$52,000
MLS statusPending
MLS updatedMar 26, 2026
Tour days6
Views1,402
Favorites125
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46221
Price history
8 events
DateEventPrice$/sqftSource
Mar 26, 2026Pending Sale$270,000$195MIBOR as distributed by MLS GRID
Mar 23, 2026Listed For Sale$270,000$195MIBOR as distributed by MLS GRID
Jan 4, 2023Listing Removed——Owner
Nov 18, 2022Listed For Sale$225,000$163Owner
Jun 24, 2016Sold$52,000$38Public Record
Mar 25, 2009Sold$65,210$47MIBOR as distributed by MLS GRID
Feb 16, 2009Listed For Sale$69,000$50foreclosure.com
Oct 6, 2008Sold$111,601$81Public Record
Pending Sale$270,000
Mar 26, 2026•$195/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$270,000
Mar 23, 2026•$195/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Jan 4, 2023•Owner
Listed For Sale$225,000
Nov 18, 2022•$163/sqft•Owner
Sold$52,000
Jun 24, 2016•$38/sqft•Public Record
Sold$65,210
Mar 25, 2009•$47/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$69,000
Feb 16, 2009•$50/sqft•foreclosure.com
Sold$111,601
Oct 6, 2008•$81/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$2,240$227,100
Apr 9, 2023$2,025$202,200
Apr 9, 2022$1,833$181,900
Apr 9, 2021$1,641$161,800
Apr 9, 2020$1,469$146,500
Apr 9, 2019$1,372$131,200
Apr 9, 2018$1,380$124,100
Apr 9, 2017$929$121,700
Apr 9, 2016$867$86,500
Apr 9, 2014$828$82,000
Apr 9, 2013$837$82,000
Apr 9, 2012$837$83,700
Apr 9, 2011—$97,800
Apr 9, 2010$998$99,800
Apr 9, 2009$1,027$102,700
Apr 9, 2007—$116,400
Apr 9, 2006—$112,500
Apr 9, 2005—$104,700
Apr 9, 2004—$104,700
Apr 9, 2003—$104,700
Apr 9, 2002—$72,100
Apr 9, 2001—$24,040
Apr 9, 2000—$24,040
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 17:08:09 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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