5534 Char Dr, Indianapolis, IN 46221
OFF MARKET

$216,600

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,351 sqft (on 0.40 acres)

5534 Char Dr, Indianapolis, IN 46221

Valley Mills
Est. Refi. Payment $1,368/mo*
Refinance Your Home

Home Value

Trulia Estimate
$217K
Since last month
Decreased$3K (-1.2%)
Since last year
Decreased$9K (-4.1%)
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 +87% in the last 10 years
MonthEstimated value
2026
August 2026$217K
August 2026$216K
July 2026$219K
June 2026$221K
May 2026$220K
April 2026$218K
March 2026$221K
February 2026$218K
January 2026$210K
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
0.04
Single-Family Home
$265,000
04/20/26
3
2
1,384
4828 Oaknoll Dr, Indianapolis, IN
0.19
Single-Family Home
$190,000
04/22/26
3
1
1,025
5741 W Mooresville Rd, Indianapolis, IN
0.15
Single-Family Home
$175,000
11/07/25
3
1
960
5468 Char Dr, Indianapolis, IN
0.10
Single-Family Home
$269,900
01/12/26
3
2.5
1,768
4838 Guthrie Dr, Indianapolis, IN
0.18
Single-Family Home
$219,000
05/07/26
3
2
1,261
5427 Claybrooke Dr, Indianapolis, IN
0.27
Single-Family Home
$232,000
06/23/26
3
2
1,335
5425 Gambel Rd, Indianapolis, IN
0.23
Single-Family Home
$215,000
06/23/26
3
1.5
1,278
5412 Margate Rd, Indianapolis, IN
0.56
Single-Family Home
$205,000
05/05/26
3
1
1,200
4221 Solun Rd, Indianapolis, IN
0.49
Single-Family Home
$215,000
07/27/26
3
2
1,248
4848 Guthrie Dr, Indianapolis, IN
0.19
Single-Family Home
$218,000
12/08/25
4
3
1,894

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
5537 Char Dr, Indianapolis, IN 46221
0.04
$265,000
3
2
1,384
Recently Sold
5502 Char Dr, Indianapolis, IN 46221
0.09
$251,600
3
2
1,335
Off Market
4630 N Tincher Rd, Indianapolis, IN 46221
0.09
$232,700
3
2
1,373
Off Market
4640 Tincher Rd, Indianapolis, IN 46221
0.09
$256,600
3
1.5
1,359
Off Market
5468 Char Dr, Indianapolis, IN 46221
0.10
$269,900
3
2.5
1,768
Recently Sold
4724 Guthrie Dr, Indianapolis, IN 46221
0.10
$243,800
3
1.5
1,382
Off Market
5550 W Mooresville Road Byp, Indianapolis, IN 46221
0.12
$307,700
3
2.5
1,752
Off Market
4710 Tincher Rd, Indianapolis, IN 46221
0.13
$259,400
3
2
1,468
Off Market
5741 W Mooresville Rd, Indianapolis, IN 46221
0.15
$175,000
3
1
960
Recently Sold
4818 Oaknoll Dr, Indianapolis, IN 46221
0.16
$210,300
2
1
1,044
Off Market
5670 W Mooresville Rd, Indianapolis, IN 46221
0.18
$255,000
4
3
2,486
For Sale
4838 Guthrie Dr, Indianapolis, IN 46221
0.18
$219,000
3
2
1,261
Recently Sold

Local Information

  • Map ViewExplore the area around 5534 Char Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1986
0.4 acre lot
1,351 sqft
$160/sqft
Garage

About this House

This single-family home is located at 5534 Char Dr, Indianapolis, IN. 5534 Char Dr is in the Valley Mills neighborhood in Indianapolis, IN and in ZIP code 46221. This property has 3 bedrooms, 1 bathroom and approximately 1,351 sqft of floor space. This property has a lot size of 0.40 acres and was built in 1986.
5534 Char Dr, Indianapolis, IN 46221 is a 3 bedroom, 1 bathroom, 1,351 sqft single-family home in Valley Mills, built in 1986. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $216,600, with a rent estimate of $1,639/month.

Home Details for 5534 Char Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 8
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1986Year Updated: 1986
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.40 acres

Price and Tax history

YearProperty taxTax assessment
2025
$2,548
$247,800
Home facts updated by county records

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

Frequently asked questions about 5534 Char Dr

  • What is 5534 Char Dr estimated to be worth?
    Trulia's estimated value for 5534 Char Dr in Indianapolis, IN is $216,600.
  • 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.
  • What do residents say about the Valley Mills neighborhood?
    Residents describe the Valley Mills neighborhood in Indianapolis, IN as well-kept, pedestrian-friendly, and dog-friendly. See recently sold homes in Valley Mills, Indianapolis.
  • Does 5534 Char Dr have air conditioning?
    Yes, 5534 Char Dr in Indianapolis, IN has air conditioning.
  • How big is the lot at 5534 Char Dr?
    The lot at 5534 Char Dr in Indianapolis, IN is about 0.40 acres (17,424 sq ft).

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Off Market Homes Near 5534 Char Dr

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