Sold191d on market
5602 Rains Ln
Indianapolis, IN, 46254 • Snacks-Guion Creek • Marion County
$241,000
$190/sqft
3Beds
2Baths
1,268Sqft
0.25 acLot
1992Built
Property DNA
Ranch Style
Built 1992 · 34 years of history
Liberty Creek
Pool
Outdoor Living
Deck
1 Fireplace
Living Room · Wood Burning
2-Car Garage
Attached
$25/mo HOA
Pool
This home is in high demand
Listed 191 days ago · 9 views · Top 3% likely to sell soon
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
191 days on market
Established listing
$190/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 3% 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 1992
Cute, 3-bedroom 2 bath ranch home on a corner lot located in the heart of Pike Township. Home features vaulted ceilings, a lovely brick hearth and wood burning fireplace, a split floor plan with the master bedroom and bathroom separate from the two additional bedrooms and full bath, and several updates that make this home truly inviting! Interior of the home has been nicely painted. Updates include: energy efficient Bee windows, newer flooring, new water heater (2022), Master bath remodeled in 2025 (New LVP flooring, new vanity, new mirror, new medicine cabinet, new fixtures and lighting), Kitchen received new counters, backsplash, garbage disposal, fixtures/lighting, updated to double oven, new fridge (2024) much more! Neighborhood amenities include a community pool, playgrounds, and tennis courts. Conveniently located to lots of dining and shopping, Eagle Creek Park, I65, and I465.
Standout features identified
Our analysis highlights new mirror, vaulted ceilings, and corner lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,603/month
Principal & Interest$1,257
Property Tax$241
Insurance$80
HOA$25
Down payment20% ($48,200)
3%50%
Est. 6.80% rate · 30yr fixed · $192,800 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1992
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking2 Attached Garage spaces
HOA$300 annually
Lot0.25 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1992
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionVinyl With Brick
Water / SewerPublic
Parking & Outdoor
ParkingAttached
Garage2 spaces
Fireplaces1
Lot0.25 Acres
Location & Tax
NeighborhoodSnacks-Guion Creek
Annual tax$4,754
Parcel490501119001000600
Bathrooms & Fees
Full baths2
HOA$25/mo
Features & details
10 categories of property features
Interior Features
Interior
Attic Access
Vaulted Ceiling(s)
Eat-in Kitchen
Pantry
Appliances
Dishwasher
Disposal
MicroHood
Electric Oven
Refrigerator
Gas Water Heater
Heating
Forced Air
Natural Gas
Cooling
Central Air
Fireplace
Living Room
Wood Burning
Exterior Features
Exterior
Tennis Court(s)
Parking
Attached
Construction
Vinyl With Brick
Patio & Porch
Deck
Lot Features
Corner Lot
Sidewalks
Street Lights
Room details
6 rooms detailed
Master Bedroom
Main17×11 ft187 sqft
Bedroom2
Main12×9 ft108 sqft
Bedroom3
Main11×10 ft110 sqft
Kitchen
Main15×11 ft165 sqft
Laundry
Main5×6 ft30 sqft
Living Room
Main17×16 ft272 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market191
Est. value$244,600
Est. rent$1,675/mo
Tax rate0.96%
Price/sqft$190
On marketJul 18, 2025
PostedJul 18, 2025
Last sold$241,000
MLS statusSold
MLS updatedOct 1, 2025
Tour days6
Views9
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46254
Price history
10 events
DateEventPrice$/sqftSource
Oct 1, 2025Sold$241,000$190MIBOR as distributed by MLS GRID
Aug 20, 2025Pending Sale$241,000$190MIBOR as distributed by MLS GRID
Aug 15, 2025Price Change$241,000$190MIBOR as distributed by MLS GRID
Aug 6, 2025Listed For Sale$245,000$193MIBOR as distributed by MLS GRID
Jul 22, 2025Pending Sale$245,000$193MIBOR as distributed by MLS GRID
Jul 18, 2025Listed For Sale$245,000$193MIBOR as distributed by MLS GRID
Mar 28, 2018Sold$130,000$103MIBOR as distributed by MLS GRID
Mar 14, 2018Pending Sale$130,000$103Highgarden Real Estate
Feb 17, 2018Listed For Sale$130,000$103Highgarden Real Estate
Aug 26, 2003Sold$108,500$86MIBOR as distributed by MLS GRID
Sold$241,000
Oct 1, 2025•$190/sqft•MIBOR as distributed by MLS GRID
Pending Sale$241,000
Aug 20, 2025•$190/sqft•MIBOR as distributed by MLS GRID
Price Change$241,000
Aug 15, 2025•$190/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$245,000
Aug 6, 2025•$193/sqft•MIBOR as distributed by MLS GRID
Pending Sale$245,000
Jul 22, 2025•$193/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$245,000
Jul 18, 2025•$193/sqft•MIBOR as distributed by MLS GRID
Sold$130,000
Mar 28, 2018•$103/sqft•MIBOR as distributed by MLS GRID
Pending Sale$130,000
Mar 14, 2018•$103/sqft•Highgarden Real Estate
Listed For Sale$130,000
Feb 17, 2018•$103/sqft•Highgarden Real Estate
Sold$108,500
Aug 26, 2003•$86/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 11, 2024$3,427$212,200
Apr 11, 2023$3,487$171,300
Apr 11, 2022$3,027$174,300
Apr 11, 2021$2,727$151,300
Apr 11, 2020$2,603$136,300
Apr 11, 2019$2,391$130,100
Apr 11, 2018$2,370$119,500
Apr 11, 2017$2,326$116,500
Apr 11, 2016$2,232$112,100
Apr 11, 2014$2,060$102,600
Apr 11, 2013$783$99,900
Apr 11, 2012$783$100,900
Apr 11, 2011—$97,900
Apr 11, 2010$629$96,700
Apr 11, 2009$557$92,600
Apr 11, 2007—$106,500
Apr 11, 2006—$107,300
Apr 11, 2005—$99,100
Apr 11, 2004—$99,100
Apr 11, 2003—$99,100
Apr 11, 2002—$63,200
Apr 11, 2001—$21,070
Apr 11, 2000—$21,070
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 2026-04-10 18:13:03 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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