Sold169d on market
5514 W 16th St
Indianapolis, IN, 46224 • 46224 • Marion County
$279,900
$116/sqft
3Beds
3Baths
2,416Sqft
0.16 acLot
1943Built
Property DNA
Bungalow Style
Built 1943 · 83 years of history
Schloss Home Place
46224
Outdoor Living
Covered
This home is in high demand
Listed 169 days ago · 12 views · Top 5% likely to sell soon
Market activity
Demand and pricing signals for this listing
12 views
People checking out this listing
169 days on market
Established listing
$116/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 5% 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 1943
If you are looking for that home in Speedway this, is it. Welcome home to this amazing Bungalow, presents an attractive single-family residence. This home is in great condition, ready to welcome its owner. Arched doorways. The kitchen offers a beautiful space to explore your culinary interests with cabinets paired with countertops and a backsplash that adds a touch of elegance. Three full bathrooms provide convenience. The master bedroom has his/her closets with unbelievable master bath. Roof, windows and siding replaced 3- years ago. Water heater less than 2 years old. Walking distance to a park and a bakery (to have that coffee and pastry). Outside, a porch provides a spot to enjoy fresh air, while the fenced backyard offers an area for outdoor activities. Basement provides endless possibilities for recreation and storage. Basement is mostly all drywalled (except one room) and there is an egress window. Schedule your showing today
Standout features identified
Our analysis highlights fenced backyard, egress window, and master bedroom as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,753/month
Principal & Interest$1,380
Property Tax$280
Insurance$93
Down payment20% ($55,980)
3%50%
Est. 6.26% rate · 30yr fixed · $223,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1943
HeatingNatural Gas
CoolingCentral Air
ParkingNo Data
Lot6,969 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleBungalow
Year built1943
Stories1
Systems
HeatingNatural Gas
CoolingCentral Air
ConstructionVinyl Siding
Water / SewerPublic
Parking & Outdoor
BasementPartially Finished
Lot6,969 sqft
Location & Tax
Neighborhood46224
Annual tax$3,126
Parcel490536118013000914
Bathrooms & Fees
Full baths3
Features & details
8 categories of property features
Interior Features
Interior
Attic Access
Ceiling Fan(s)
High Speed Internet
Eat-in Kitchen
Appliances
Dishwasher
Gas Water Heater
MicroHood
Heating
Natural Gas
Cooling
Central Air
Exterior Features
Construction
Vinyl Siding
Patio & Porch
Covered
Lot Features
Sidewalks
Utilities
Electricity Connected
Room details
9 rooms detailed
Master Bedroom
Main14×9 ft126 sqft
Luxury Vinyl Plank
Bedroom2
Main12×10 ft120 sqft
Luxury Vinyl Plank
Bedroom3
Basement14×10 ft140 sqft
Bonus Room
Basement14×10 ft140 sqft
Bonus Room
Basement8×8 ft64 sqft
Dining Room
Main18×7 ft126 sqft
Luxury Vinyl Plank
Listing insights
Market data and value estimates
StatusSold
Days on market169
Est. value$283,500
Est. rent$2,055/mo
Tax rate0.96%
Price/sqft$116
On marketAug 28, 2025
PostedAug 28, 2025
Last sold$279,900
MLS statusSold
MLS updatedOct 22, 2025
Tour days6
Views12
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46224
Price history
9 events
DateEventPrice$/sqftSource
Oct 22, 2025Sold$279,900$116MIBOR as distributed by MLS GRID
Sep 13, 2025Pending Sale$283,900$118MIBOR as distributed by MLS GRID
Sep 7, 2025Price Change$283,900$118MIBOR as distributed by MLS GRID
Aug 28, 2025Listed For Sale$294,900$122MIBOR as distributed by MLS GRID
Mar 27, 2023Sold$238,000$99MIBOR as distributed by MLS GRID
Mar 1, 2023Pending Sale$259,000$107MIBOR as distributed by MLS GRID
Jan 12, 2023Price Change$259,000$107MIBOR as distributed by MLS GRID
Nov 9, 2022Listed For Sale$262,000$108MIBOR as distributed by MLS GRID
Jul 11, 2019Sold$40,000$17Public Record
Sold$279,900
Oct 22, 2025•$116/sqft•MIBOR as distributed by MLS GRID
Pending Sale$283,900
Sep 13, 2025•$118/sqft•MIBOR as distributed by MLS GRID
Price Change$283,900
Sep 7, 2025•$118/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$294,900
Aug 28, 2025•$122/sqft•MIBOR as distributed by MLS GRID
Sold$238,000
Mar 27, 2023•$99/sqft•MIBOR as distributed by MLS GRID
Pending Sale$259,000
Mar 1, 2023•$107/sqft•MIBOR as distributed by MLS GRID
Price Change$259,000
Jan 12, 2023•$107/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$262,000
Nov 9, 2022•$108/sqft•MIBOR as distributed by MLS GRID
Sold$40,000
Jul 11, 2019•$17/sqft•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 10, 2024$2,314$246,900
Apr 10, 2023$2,275$187,800
Apr 10, 2022$1,741$180,800
Apr 10, 2021$1,604$141,000
Apr 10, 2020$1,296$132,000
Apr 10, 2019$1,305$119,700
Apr 10, 2018$1,331$118,500
Apr 10, 2017$1,231$122,900
Apr 10, 2016$1,149$116,000
Apr 10, 2014$1,195$114,400
Apr 10, 2013$1,105$109,500
Apr 10, 2012$1,105$109,800
Apr 10, 2011—$116,900
Apr 10, 2010$1,116$119,700
Apr 10, 2009$864$119,700
Apr 10, 2007—$128,200
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
4622246224
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-10 02:28:09 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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