CALLING FOR HIGHEST AND BEST OFFER BY 9:00PM ON 3/20, OFFERS REVIEWED ON 3/21 WITH SELLER RESPONSE TIME OF 3:00PM ON 3/21. LAST SHOWING AVAILABLE ON 3/20 BY 8:00PM. Welcome to a true hidden gem, a rare opportunity to own a mid-century inspired ranch nestled on a private, wooded 1.3-acre lot in sought-after Franklin Township. Set back off the road and surrounded by mature trees, this property offers the perfect blend of privacy, nature, and convenience. Built in 1955, this home showcases timeless character with original hardwood floors throughout the main level and stunning floor-to-ceiling windows that flood the space with natural light and bring the outdoors in. The open, airy feel combined with clean lines gives a subtle nod to mid-century modern design, making this home both stylish and unique. Step outside and take in the expansive wrap-around deck, ideal for entertaining, relaxing, or simply enjoying the peaceful wooded views. Whether it's morning coffee or evening gatherings, this outdoor space is a true highlight. Inside, you'll find 4 spacious bedrooms and 2 full bathrooms, offering flexibility for families, guests, or home office needs. The walkout basement adds even more potential with space that could easily function as in-law quarters, guest suite, or additional living area. And don't miss the unexpected hidden surprise, disguised a built in bookshelf, a charming cedar closet, adding both character and practical storage. Despite being located on a city lot, this property lives like a private retreat, perfect for those looking for space, serenity, and something truly special. Homes like this don't come around often.
Pending
$225,000
5519 Shelbyville Rd, Indianapolis, IN 46237
4beds
2,856sqft
Est.:
Residential, Single Family Residence
Built in 1955
1.38 Acres Lot
$-- Zestimate®
$79/sqft
$-- HOA
What's special
Charming cedar closetWalkout basementClean linesExpansive wrap-around deckStunning floor-to-ceiling windowsOpen airy feelPeaceful wooded views
- 5 days |
- 9,451 |
- 706 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 21, 2026 at 12:29pm
Listing Provided by:
Michelle Chandler 317-413-8352,
Keller Williams Indy Metro S,
Chris Cook,
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22089813
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Tile-Ceramic
- Level: Basement
- Area: 270 Square Feet
- Dimensions: 18x15
Bedroom 2
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11x14
Bedroom 3
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 4
- Features: Other
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 15x11
Bonus room
- Features: Other
- Level: Basement
- Area: 330 Square Feet
- Dimensions: 15x22
Breakfast room
- Features: Tile-Ceramic
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Dining room
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Great room
- Level: Main
- Area: 304 Square Feet
- Dimensions: 19x16
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Laundry
- Features: Other
- Level: Basement
- Area: 330 Square Feet
- Dimensions: 22x15
Utility room
- Features: Other
- Level: Basement
- Area: 180 Square Feet
- Dimensions: 18x10
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Refrigerator, Water Heater, Water Softener Owned
- Laundry: In Basement, Other
Features
- Built-in Features, Entrance Foyer, Ceiling Fan(s), Hardwood Floors, High Speed Internet, In-Law Floorplan, Eat-in Kitchen, Pantry, Walk-In Closet(s)
- Flooring: Hardwood
- Basement: Egress Window(s),Finished,Finished Ceiling,Finished Walls,Full,Storage Space,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Great Room, Wood Burning
Interior area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
- Finished area below ground: 1,328
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Garage spaces: 2
- Has carport: Yes
Features
- Levels: One Leveland + Loft
- Stories: 1
- Patio & porch: Covered, Deck, Porch, Wrap Around
- Exterior features: Fire Pit
- Has view: Yes
- View description: Creek/Stream, Trees/Woods
- Has water view: Yes
- Water view: Creek/Stream
Lot
- Size: 1.38 Acres
- Features: City Lot, Not In Subdivision, Street Lights, Mature Trees, Trees-Small (Under 20 Ft)
Details
- Additional structures: Storage
- Parcel number: 491503157008000300
- Special conditions: As Is,Estate,Other
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $235,500
- Annual tax amount: $2,384
- Date on market: 3/18/2026
- Cumulative days on market: 7 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2026 | Pending sale | $225,000$79/sqft |
Source:  MIBOR as distributed by MLS GRID #22089813 Report a problem | ||
| 3/18/2026 | Listed for sale | $225,000$79/sqft |
Source: MIBOR as distributed by MLS GRID #22089813 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,297 -0.3% | $235,500 +4.5% |
| 2023 | $2,304 +30.6% | $225,400 |
| 2022 | $1,765 +20.1% | $225,400 +30.7% |
| 2021 | $1,470 -0.1% | $172,500 +20.7% |
| 2020 | $1,471 +3.4% | $142,900 |
| 2019 | $1,422 -34.7% | $142,900 +3.6% |
| 2018 | $2,178 +40.1% | $138,000 +1.1% |
| 2017 | $1,554 +6.8% | $136,500 |
| 2016 | $1,455 +1.3% | $136,500 -2.1% |
| 2014 | $1,436 +0.8% | $139,400 |
| 2013 | $1,425 | $139,400 +0.8% |
| 2012 | $1,425 | $138,300 -3.7% |
| 2011 | -- | $143,600 |
| 2010 | $1,478 0% | $143,600 |
| 2009 | $1,478 | $143,600 -4.3% |
| 2007 | -- | $150,000 -4.1% |
| 2006 | -- | $156,400 +35.4% |
| 2005 | -- | $115,500 |
| 2004 | -- | $115,500 |
| 2003 | -- | $115,500 +121.3% |
| 2002 | -- | $52,200 +200% |
| 2001 | -- | $17,400 |
| 2000 | -- | $17,400 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,340/mo
Principal & interest
$1160
Property taxes
$180
More affordability tools
Climate risks
Neighborhood: South Emerson
Nearby schools
GreatSchools rating
- 5/10Arlington Elementary SchoolGrades: K-3Distance: 0.4 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 4.9 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: South Creek Elementary
- Middle: Franklin Central Junior High
- High: Franklin Central High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 46237
- Indiana
- Marion County
- Indianapolis
- 46237
- South Emerson
- 5519 Shelbyville Rd
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