5502 Char Dr, Indianapolis, IN 46221
Property image
Property image
OFF MARKET

$251,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,335 sqft (on 0.35 acres)

5502 Char Dr, Indianapolis, IN 46221

Valley Mills
Est. Refi. Payment $1,576/mo*
Refinance Your Home
Currently Off Market - Sold Jul 19, 2024 for $241,000

Home Value

Trulia Estimate
$252K
Since last month
Decreased$1K (-0.4%)
Since last year
Increased$5K (+1.8%)
Since last sale
Increased$11K (+4.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +99% in the last 10 years
MonthEstimated value
2026
August 2026$252K
August 2026$252K
July 2026$253K
June 2026$254K
May 2026$254K
April 2026$253K
March 2026$250K
February 2026$251K
January 2026$246K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5537 Char Dr, Indianapolis, IN
0.09
Single-Family Home
$265,000
04/20/26
3
2
1,384
5427 Claybrooke Dr, Indianapolis, IN
0.19
Single-Family Home
$232,000
06/23/26
3
2
1,335
5468 Char Dr, Indianapolis, IN
0.02
Single-Family Home
$269,900
01/12/26
3
2.5
1,768
4838 Guthrie Dr, Indianapolis, IN
0.17
Single-Family Home
$219,000
05/07/26
3
2
1,261
5425 Gambel Rd, Indianapolis, IN
0.19
Single-Family Home
$215,000
06/23/26
3
1.5
1,278
5349 Gambel Rd, Indianapolis, IN
0.22
Single-Family Home
$248,508
07/14/26
3
2
2,288
4848 Guthrie Dr, Indianapolis, IN
0.17
Single-Family Home
$218,000
12/08/25
4
3
1,894
5301 Gambel Rd, Indianapolis, IN
0.32
Single-Family Home
$190,000
01/02/26
4
1.5
1,278
5410 Claybrooke Dr, Indianapolis, IN
0.19
Single-Family Home
$239,000
01/20/26
3
2.5
2,062

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5468 Char Dr, Indianapolis, IN 46221
0.02
$269,900
3
2.5
1,768
Recently Sold
5537 Char Dr, Indianapolis, IN 46221
0.09
$265,000
3
2
1,384
Recently Sold
4710 Tincher Rd, Indianapolis, IN 46221
0.05
$259,400
3
2
1,468
Off Market
4640 Tincher Rd, Indianapolis, IN 46221
0.08
$256,600
3
1.5
1,359
Off Market
4838 Guthrie Dr, Indianapolis, IN 46221
0.17
$219,000
3
2
1,261
Recently Sold
4848 Guthrie Dr, Indianapolis, IN 46221
0.17
$218,000
4
3
1,894
Recently Sold
4724 Guthrie Dr, Indianapolis, IN 46221
0.16
$243,800
3
1.5
1,382
Off Market
4630 N Tincher Rd, Indianapolis, IN 46221
0.11
$232,700
3
2
1,373
Off Market
5442 Claybrooke Dr, Indianapolis, IN 46221
0.15
$249,700
3
2
1,462
Off Market
4903 Guthrie Dr, Indianapolis, IN 46221
0.17
$316,300
5
3
-
Off Market
5435 Claybrooke Dr, Indianapolis, IN 46221
0.18
$287,900
3
2
2,014
Off Market

Local Information

  • Map ViewExplore the area around 5502 Char Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1989
0.35 acre lot
1,335 sqft
$188/sqft
2 Car Garage

About this House

Check out this charming, 3-bedroom 2 full bath ranch home with no HOA Fee. Step inside and experience the inviting open concept layout, perfect for everyday living. Recent updates include a new roof, guttering and downspouts, additional insulation blown in attic, new baffles, and exhaust fans vented to exterior. Crawl space has been professionally insulated and encapsulated with primary and backup sump pumps. Renewal by Andersen windows throughout. Main breaker panel professionally replaced and whole house surge protector installed. Furnace and Air Conditioner less than 10 years old. Roof, appliances, and water heater are less than 5 years old.
5502 Char Dr, Indianapolis, IN 46221 is a 3 bedroom, 2 bathroom, 1,335 sqft single-family home in Valley Mills, built in 1989. It last sold for $241,000 on Jul 19, 2024 (2% above the $236,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $251,600, with a rent estimate of $1,749/month.
Last check for updates: about 3 hours ago
Listed by Amber Lusk
Keller Williams Indy Metro NE
Bought with: Dawn Lowden, Community Real Estate Group
Source: MIBOR as distributed by MLS GRID, MLS#21984687

Home Details for 5502 Char Dr

Active Status

MLS Status: Sold

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Great Room, Kitchen, Laundry
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1335 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop, Dishwasher, Disposal, Microwave, RefrigeratorDishwasherDisposalLaundry: Main LevelMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Great Room, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Window: Screens, Windows Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Patio / Porch: Covered, PatioOther Structures: StorageFoundation: Crawl Space
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 3

Property Information

Year Built
Year Built: 1989
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: BrickNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 491236102014000200

Price & Status

Price
List Price: $236,000
Status Change & Dates
Off Market Date: Sat Jun 15 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Valley Ville
School Information
Jr High / Middle School: Decatur Middle SchoolHigh School District: MSD Decatur Township

Building

Building Area
Building Area: 1335 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.35 acres

Miscellaneous

Mls Number: 21984687

Price and Tax history

DateEventPrice
Jul 19, 2024
Source: MIBOR as distributed by MLS GRID #21984687
Sold
$241,000
Jun 15, 2024
Source: MIBOR as distributed by MLS GRID #21984687
Pending
$236,000
Jun 13, 2024
Source: MIBOR as distributed by MLS GRID #21984687
Listed For Sale
$236,000
Jun 7, 2021
Source: MIBOR as distributed by MLS GRID #21787397
ListingRemoved
May 29, 2021
Source: MIBOR as distributed by MLS GRID #21787397
Pending
$179,500

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Valley Mills
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Valley Mills

At least 46 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 86 % Say yards are well-kept

  • 83 % Say there are sidewalks

  • 76 % Say it's dog friendly

  • 75 % Say parking is easy

  • 71 % Say kids play outside

  • 65 % Say there's holiday spirit

  • 60 % Say it's quiet

  • 53 % Say there's wildlife

  • 52 % Say people would walk alone at night

  • 37 % Say neighbors are friendly

  • 37 % Say streets are well-lit

  • 34 % Say they plan to stay for at least 5 years

  • 23 % Say there are community events

  • 20 % Say it's walkable to grocery stores

  • 10 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "lots of different things... friendly neighbors and nice parks for the kids. love the neighborhoods and closeness to stores"
    1
    Flag
  • Trulia User
    "this neighborhood is not any more special than the next High Crime and not enough policing. not enough parks and recreation facilities for the kids. High break ins and robberies "
    5
    Flag
  • Daniel R.
    "i love living here but unfortunately there are no sidewalks in my immediate area. it ends up effecting trick or treaters being dismal, nowhere to safely take a walk, and lazy owners not picking up dog droppings."
    0
    Flag
  • Penny B. M.
    "would like the streets and sidewalks to exercise but will not like the curfews for the pets. When a dogs gotta go its gotta go any time of the night or Morning "
    1
    Flag
  • Monica S. W.
    "River Run is a great development! Love it here. Occasional speeders but other than that; very large play ground, walking/running trails."
    0
    Flag
  • Heather S.
    "It’s a great neighborhood everyone who comes will see it’s quiet not to much going on and has decent restaurants and local grocery and pharmacies close by"
    1
    Flag
  • Resident
    "I’ve lived in the neighborhood since 2003. The neighbors are friendly and when I’m away, I have peace of mind knowing the neighbors are keeping an eye on my home."
    3
    Flag
  • Downhilljt
    "The walkways around the addition are safe. There are ponds for fishing and fountains. Friendly community and peaceful."
    20
    Flag
  • Dillan G.
    "The only traffic I run into is when the school buses are out and everybody is going to work around 7-9 am. "
    0
    Flag
  • dlmcgarvey
    "quiet- country like area.... yet close to airport, interstates, schools and shopping. Beautiful, well-kept, residential neighborhood! An added bonus if you work at fedX or one of the area's businesses. Or want quick interstate access without all the traffic hassles!"
    2
    Flag
  • jbjjbrowning
    "I live in the nieghborhood, long standing community. Very friendly mostly hard working, low middle class families."
    1
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-09 09:48:08 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 5502 Char Dr

  • What is 5502 Char Dr estimated to be worth?
    Trulia's estimated value for 5502 Char Dr in Indianapolis, IN is $251,600.
  • What is the price history for 5502 Char Dr?
    5502 Char Dr in Indianapolis, IN last sold for $241,000 in July 2024.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $251K. That is up $10K from the prior month.
  • Does 5502 Char Dr have air conditioning?
    Yes, 5502 Char Dr in Indianapolis, IN has air conditioning.
  • Does 5502 Char Dr have laundry facilities?
    Yes, 5502 Char Dr in Indianapolis, IN has laundry facilities.

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