Welcome Home to 5645 Rinehart Avenue —
Perfectly positioned near the heart of Speedway, this beautifully renovated 3-bedroom, 2-bath home delivers the kind of square footage and flexibility buyers are actively hunting for—without sacrificing character or comfort.
Step inside to an exceptionally large family room, ideal for hosting, relaxing, or creating distinct living zones. The primary suite is a true retreat, featuring a walk-in closet and a private en-suite bath, offering everyday convenience and privacy that’s hard to find at this price point.
The home shines with luxury vinyl plank flooring throughout the kitchen, dining area, and bathrooms, paired with fresh interior paint, new bathroom plumbing fixtures, and modern electronic door locks for peace of mind. Behind the walls, the upgrades go even further—the entire plumbing system was replaced during renovation, a major investment that sets this home apart.
A large laundry room provides washer and dryer hookups plus generous storage space—functional, practical, and refreshingly spacious. Out back, a sunroom invites morning coffee, evening unwinding, or year-round flex use, while a storage shed conveys with the property for added convenience.
The standout feature? A detached two-car garage with power—offering serious upside. Whether you envision a workshop, studio, home gym, or the potential to finish it into a separate living space, apartment, or short term rental hustle, the possibilities here are compelling.
Updated. Spacious. Versatile.
This is a home that works for today and leaves room to dream bigger tomorrow. Homes with this combination of renovation quality, layout, and bonus space don’t last long—schedule your showing and see the potential for yourself.
For sale by owner
Street View
$220,000
5645 Rinehart Ave, Indianapolis, IN 46241
3beds
1,372sqft
Est.:
SingleFamily
Built in 1963
8,494 Square Feet Lot
$180,100 Zestimate®
$160/sqft
$-- HOA
What's special
New bathroom plumbing fixturesPrivate en-suite bathModern electronic door locksFresh interior paintExceptionally large family roomWalk-in closet
- 78 days |
- 196 |
- 1 |
Listed by:
Property Owner (850) 691-8690
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat pump, Electric
Cooling
- Central
Appliances
- Included: Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Carpet, Laminate
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 1,372 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl
Lot
- Size: 8,494 Square Feet
Details
- Parcel number: 491212116030000930
Construction
Type & style
- Home type: SingleFamily
- Architectural style: TradAmer
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1963
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $146,700
- Annual tax amount: $1,594
- Date on market: 1/3/2026
- Contingency: Backup Pending Inspection
Estimated market value
$180,100
$171,000 - $189,000
$1,426/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Sold | $180,000+1.7%$131/sqft |
Source: | ||
| 2/18/2026 | Pending sale | $177,000$129/sqft |
Source: | ||
| 2/13/2026 | Price change | $177,000-6.8%$129/sqft |
Source: | ||
| 2/6/2026 | Price change | $189,990-5%$138/sqft |
Source: | ||
| 1/26/2026 | Pending sale | $199,990$146/sqft |
Source: | ||
| 1/15/2026 | Price change | $199,990-9.1%$146/sqft |
Source: | ||
| 1/3/2026 | Listed for sale | $220,000+79.7%$160/sqft |
Source: Owner Report a problem | ||
| 10/8/2025 | Sold | $122,450+22.4%$89/sqft |
Source: Public Record Report a problem | ||
| 6/30/2017 | Sold | $100,000+6.5%$73/sqft |
Source: | ||
| 4/23/2017 | Listed for sale | $93,900$68/sqft |
Source: Jeneene West Realty, LLC #21479655 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,594 +7.7% | $146,700 +2.2% |
| 2023 | $1,481 +23.5% | $143,500 +7.7% |
| 2022 | $1,199 +72.3% | $133,200 +19.9% |
| 2021 | $696 +34.2% | $111,100 +19.2% |
| 2020 | $518 -37.9% | $93,200 +7.2% |
| 2019 | $835 +9.2% | $86,900 +6.2% |
| 2018 | $764 -63.6% | $81,800 +5.4% |
| 2017 | $2,099 +20.6% | $77,600 +5.3% |
| 2016 | $1,742 +17.9% | $73,700 +0.1% |
| 2014 | $1,477 +156% | $73,600 +2.8% |
| 2013 | $577 | $71,600 +0.7% |
| 2012 | $577 | $71,100 -11.1% |
| 2011 | -- | $80,000 -5.9% |
| 2010 | $757 -0.1% | $85,000 -4.8% |
| 2009 | $758 | $89,300 -2% |
| 2007 | -- | $91,100 +4.8% |
| 2006 | -- | $86,900 +6.9% |
| 2005 | -- | $81,300 |
| 2004 | -- | $81,300 |
| 2003 | -- | $81,300 +99.8% |
| 2002 | -- | $40,700 +199.9% |
| 2001 | -- | $13,570 |
| 2000 | -- | $13,570 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,311/mo
Principal & interest
$1135
Property taxes
$176
More affordability tools
Climate risks
Neighborhood: Garden City
Getting around
33 / 100
Some TransitNearby schools
GreatSchools rating
- 4/10Rhoades Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 5/10Lynhurst 7th & 8th Grade CenterGrades: 7-8Distance: 2.4 mi
- NABen Davis Ninth Grade CenterGrades: 9Distance: 2.4 mi
Schools provided by the listing agent
- District: Wayne Township
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 46241
- Indiana
- Marion County
- Indianapolis
- 46241
- Garden City
- 5645 Rinehart Ave




