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5347 Milhouse Rd

Indianapolis, IN 46221

3 bd 2 ba 1,075 sqft Built 1997 Lot 6,534 sqft single_family
Most recent sale
$193,750
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $193,750 Public Record
May 24, 2022 Sold $179,080 Public Record
May 17, 2022 Listed $209,900 MLS #21855425
Jan 7, 2013 Sold $78,000 Public Record
Nov 27, 2012 Listing removed $78,000 MIBOR
Oct 17, 2012 Price changed $78,000 MLS #21174522
Sep 18, 2012 Price changed $80,000 MLS #21174522
May 1, 2012 Listed $88,000 MLS #21174522
Jul 8, 2009 Sold $60,000 Public Record
Mar 31, 2009 Listing removed $56,000 MIBOR
Mar 20, 2009 Listed $56,000 MLS #2913803
Feb 19, 2009 Sold $86,937 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $159,700 $14,800 $174,500 $1,834
2024 $184,600 $14,800 $199,400 $2,305
2023 $163,000 $14,800 $177,800 $2,047
2022 $112,800 $14,800 $127,600 $907
2021 $112,800 $14,800 $127,600 $889
2020 $100,200 $14,800 $115,000 $789
2019 $89,100 $14,800 $103,900 $854
2018 $80,400 $14,800 $95,200 $1,109
2017 $74,900 $14,800 $89,700 $2,122
2016 $70,300 $14,800 $85,100 $883
2015 $68,600 $14,800 $83,400 $867
2014 $64,600 $14,800 $79,400 $762
2013 $60,500 $14,800 $75,300 $667
2012 $60,700 $14,800 $75,500 $636
2011 $65,900 $12,400 $78,300 $780
2010 $70,200 $12,400 $82,600 $633
2008 $69,500 $12,400 $81,900 $1,073
2006 $72,500 $12,400 $84,900 $1,058

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,075 sqft
Lot size
6,534 sqft
ZIP code
46221
City
Indianapolis
Street
Milhouse Rd
Coordinates
39.67471, -86.25134

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,613
Gross rental yield
9.99%
Implied cap rate
6.49%
Trend-extrapolated value

Frequently asked questions

When did 5347 Milhouse Rd last sell?
5347 Milhouse Rd most recently sold on Jul 22, 2022 for $193,750.
What is the current tax assessment for 5347 Milhouse Rd?
The most recent total assessment for 5347 Milhouse Rd (year 2025) is $174,500 with $1,834 in property tax.
How does 5347 Milhouse Rd's assessment compare to its last sale price?
The current assessment is 9.9% below the last sale price of $193,750.
When was 5347 Milhouse Rd built?
5347 Milhouse Rd was built in 1997.
How does 5347 Milhouse Rd compare to others on Milhouse Rd?
We track 8 other properties on Milhouse Rd. Browse the list under "Other properties on Milhouse Rd" to compare beds, baths, and sale history.
What are the property facts for 5347 Milhouse Rd?
5347 Milhouse Rd is a 3 bed, 2 bath, 1,075 sqft, 6,534 sqft lot single_family.
Is 5347 Milhouse Rd a flip candidate?
No — 5347 Milhouse Rd does not appear in our flips dataset.
Is 5347 Milhouse Rd a tax-appeal candidate?
No — 5347 Milhouse Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$217.8K
2026 Q4
$221.5K
ZIP 46221 — Median Price History + Forecast

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