Charming 3-bedroom, 2-bath ranch located in Decatur Ridge. This well-maintained home features a covered front porch that's perfect for morning coffee or relaxing evenings. Step inside to a spacious great room with cathedral ceilings and a cozy woodburning fireplace. Large windows throughout the home let in plenty of natural light, creating a bright and welcoming atmosphere. The kitchen flows nicely into the living space, making entertaining a breeze, and the primary bedroom includes a full bath and walk-in closet for added comfort and convenience. Outside, the backyard is ready for cozy evenings around the fire pit. The neighborhood playground is just a short walk away. This all-electric home is move-in ready and filled with thoughtful touches that make daily living easy and enjoyable. Conveniently located near grocery shopping, dining, and offering quick access to the interstate. Updates include a new roof (2020), new vinyl flooring (2025), freshly painted kitchen (2025), new baseboards installed (2025), and a new AC unit and furnace added in (2022). This ranch is ready to offer you a comfortable and welcoming place to call home!
Sold
$240,000
5541 Fair Ridge Pl, Indianapolis, IN 46221
3beds
1,265sqft
Residential, Single Family Residence
Built in 2001
6,969.6 Square Feet Lot
$246,900 Zestimate®
$190/sqft
$1,525 Estimated rent
Home value
$246,900
$227,000 - $269,000
$1,525/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 08:38am
Listing Provided by:
Jenny Laughner 317-339-6972,
CENTURY 21 Scheetz,
Tyler Casse 317-439-3041
Bought with:
Nicole Lloyd
Homes Unlimited
Source: MIBOR as distributed by MLS GRID,MLS#: 22030929
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Features: Vinyl
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Bedroom 3
- Features: Carpet
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Great room
- Features: Vinyl
- Level: Main
- Area: 312 Square Feet
- Dimensions: 24x13
Kitchen
- Features: Vinyl
- Level: Main
- Area: 98 Square Feet
- Dimensions: 14x7
Laundry
- Features: Laminate
- Level: Main
- Area: 30 Square Feet
- Dimensions: 5x6
Heating
- Forced Air, Electric
Appliances
- Included: Dishwasher, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener Owned
- Laundry: Main Level
Features
- Cathedral Ceiling(s), Vaulted Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Pantry
- Windows: Windows Thermal, Wood Work Painted
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Great Room, Wood Burning
Interior area
- Total structure area: 1,265
- Total interior livable area: 1,265 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Parking Other(Keyless Entry)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 6,969 sqft
- Features: Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
Details
- Parcel number: 491302106026000200
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Water: Municipal/City
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Decatur Ridge
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $280 annually
- Services included: Association Home Owners, Entrance Common, Maintenance, ParkPlayground, Snow Removal
- Association phone: 317-713-0739
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2025 | Sold | $240,000+0%$190/sqft |
Source:  MIBOR as distributed by MLS GRID #22030929 Report a problem | ||
| 5/3/2025 | Pending sale | $239,900$190/sqft |
Source: MIBOR as distributed by MLS GRID #22030929 Report a problem | ||
| 5/2/2025 | Listed for sale | $239,900+77.7%$190/sqft |
Source: MIBOR as distributed by MLS GRID #22030929 Report a problem | ||
| 4/30/2018 | Sold | $135,000+36.5%$107/sqft |
Source: MIBOR as distributed by MLS GRID #21552266 Report a problem | ||
| 9/29/2014 | Sold | $98,900$78/sqft |
Source: MIBOR as distributed by MLS GRID #21310422 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,346 +7.4% | $217,800 +2.9% |
| 2023 | $2,185 +28.4% | $211,700 +8.1% |
| 2022 | $1,702 +2.7% | $195,900 +29.6% |
Find assessor info on the county website
Neighborhood: Valley Mills
Nearby schools
GreatSchools rating
- 5/10Valley Mills Elementary SchoolGrades: K-6Distance: 0.7 mi
- 4/10Decatur Middle SchoolGrades: 7-8Distance: 0.6 mi
- 3/10Decatur Central High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Valley Mills Elementary School
- Middle: Decatur Middle School
- High: Decatur 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.
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Estimated market value
$246,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$246,900
- Indiana
- Marion County
- Indianapolis
- 46221
- Valley Mills
- 5541 Fair Ridge Pl