Desirable brick ranch home on a big, double lot. Large 2-car detached garage with covered patio and a storage shed too. Hardwood floors, woodburning fireplace, and a new wood deck in front & side. New roof & gutters, only 3-years on the furnace and A/C, recent window replacement, new heavy storm doors front & rear. Nice quiet neighborhood.
Active
Price cut: $5K (3/26)
$215,000
5412 Margate Rd, Indianapolis, IN 46221
3beds
1,200sqft
Est.:
Residential, Single Family Residence
Built in 1963
0.32 Acres Lot
$214,100 Zestimate®
$179/sqft
$-- HOA
What's special
Woodburning fireplaceBig double lotStorage shedCovered patioRecent window replacementNew roof and guttersHardwood floors
- 104 days |
- 1,316 |
- 77 |
Zillow last checked: 7 hours ago
Listing updated: April 05, 2026 at 05:18pm
Listing Provided by:
Jeneene West 317-797-8117,
Jeneene West Realty, LLC,
Gregg West 317-374-1507,
Jeneene West Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22077701
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 3
- Level: Main
- Area: 231 Square Feet
- Dimensions: 21x11
Kitchen
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12x13
Living room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Dryer, Gas Water Heater, Oven, Range Hood, Refrigerator, Washer
- Laundry: Laundry Closet
Features
- Eat-in Kitchen
- Windows: Wood Work Stained
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Size: 0.32 Acres
- Features: Mature Trees
Details
- Parcel number: 491236115050000200
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
Community & HOA
Community
- Subdivision: Newlynn
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $161,200
- Annual tax amount: $1,808
- Date on market: 12/26/2025
- Cumulative days on market: 85 days
Estimated market value
$214,100
$203,000 - $225,000
$1,349/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Price change | $215,000-2.3%$179/sqft |
Source:  MIBOR as distributed by MLS GRID #22077701 Report a problem | ||
| 2/24/2026 | Listed for sale | $220,000$183/sqft |
Source: MIBOR as distributed by MLS GRID #22077701 Report a problem | ||
| 2/5/2026 | Pending sale | $220,000$183/sqft |
Source: MIBOR as distributed by MLS GRID #22077701 Report a problem | ||
| 1/13/2026 | Price change | $220,000-2.2%$183/sqft |
Source: MIBOR as distributed by MLS GRID #22077701 Report a problem | ||
| 12/26/2025 | Listed for sale | $225,000+226.1%$188/sqft |
Source: MIBOR as distributed by MLS GRID #22077701 Report a problem | ||
| 7/7/2006 | Sold | $69,000-7%$58/sqft |
Source: MIBOR as distributed by MLS GRID #2632129 Report a problem | ||
| 5/1/2006 | Sold | $74,224$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,628 +14.4% | $161,200 +11.6% |
| 2023 | $1,422 +40.1% | $144,500 +15% |
| 2022 | $1,015 -44.1% | $125,700 +40.9% |
| 2021 | $1,816 -0.7% | $89,200 +12.9% |
| 2020 | $1,828 +11% | $79,000 |
| 2019 | $1,647 -43.4% | $79,000 +9.7% |
| 2018 | $2,911 +48.9% | $72,000 -12.5% |
| 2017 | $1,956 +7.8% | $82,300 +1.6% |
| 2016 | $1,814 -5% | $81,000 -2.8% |
| 2014 | $1,910 +140.5% | $83,300 |
| 2013 | $794 | $83,300 +2.2% |
| 2012 | $794 | $81,500 -7.7% |
| 2011 | -- | $88,300 -0.7% |
| 2010 | $935 +13.8% | $88,900 -1.6% |
| 2009 | $822 | $90,300 -10.3% |
| 2007 | -- | $100,700 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,296/mo
Principal & interest
$1124
Property taxes
$172
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Climate risks
Neighborhood: Mars Hill
Nearby schools
GreatSchools rating
- 2/10Liberty Early Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 4/10Decatur Middle SchoolGrades: 7-8Distance: 1.4 mi
- 3/10Decatur Central High SchoolGrades: 9-12Distance: 1.5 mi
Local experts in 46221
- Indiana
- Marion County
- Indianapolis
- 46221
- Mars Hill
- 5412 Margate Rd
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