Last Sold Price
3 beds1,217 sqft$159/sqft
5061 Sylvan Rd, Indianapolis, IN 46228

Description

Welcome to 5061 Sylvan Road, a charming 3-bedroom, 2-bath ranch home offering a fantastic opportunity to add your personal touch. With approximately 1,200 square feet of living space, this home features a spacious layout that combines comfort and functionality. The inviting living room and family room both boast beautiful hardwood floors, creating a warm and cohesive flow throughout the home. The hardwood extends into all three bedrooms, giving the spaces a classic, timeless appeal. The kitchen has...Welcome to 5061 Sylvan Road, a charming 3-bedroom, 2-bath ranch home offering a fantastic opportunity to add your personal touch. With approximately 1,200 square feet of living space, this home features a spacious layout that combines comfort and functionality. The inviting living room and family room both boast beautiful hardwood floors, creating a warm and cohesive flow throughout the home. The hardwood extends into all three bedrooms, giving the spaces a classic, timeless appeal. The kitchen has been thoughtfully updated with new cabinets, providing a great foundation for anyone who loves to cook or entertain. While the home is in need of some updates, its solid bones and inviting atmosphere present an excellent opportunity for the right buyer to make it their own. Additional highlights include a 2-car attached garage, and convenient city water and sewer. The property offers easy access to downtown Indianapolis, making it a prime location for commuters and city lovers alike. Whether you're looking to explore the local dining scene, attend events, or enjoy the vibrant city life, you'll appreciate the proximity to all the action. Located in a peaceful neighborhood, 5061 Sylvan Road provides the perfect balance of suburban tranquility and urban convenience. With a little creativity and vision, this home has the potential to be a true gem. Don't miss out on this fantastic opportunity to invest in a home with endless possibilities!
LISTING CLOSED: 05/15/2025 12:00 AM

Listing Agent

  1. Lisa Phillips

    Lisa Phillips

    Listing Agent

    Compass Indiana, LLC

    P: (317) 219-9277

    M: (317) 219-9277

Property Details for 5061 Sylvan Road

Status
MLS #
22030269
Days on Market
6
Taxes
$925 semi-annually
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1972
Lot Size
0.20 AC / 8,712 SF
Architectural Style
Ranch
Subdivision Name
Morningside
Township
Washington
Waterfront
No

Recent comparable sales

Median sold price

$215,000

Avg days on market

34

Sale-to-list ratio

97.1%

Indianapolis, IN

9 comparable properties found

$225,000 | 3453 West 54th Street, Indianapolis, IN 46228
1/20
1

$225,000

Sold 05/29/26

3
Bedrooms
1,236
Square Feet
0.13
Acres
$215,000 | 3816 Cologne Court, Indianapolis, IN 46228
1/24
2

$215,000

Sold 06/30/25

3
Bedrooms
1,339
Square Feet
0.23
Acres
$206,000 | 3813 Cologne Court, Indianapolis, IN 46228
1/60
3

$206,000

Sold 12/16/25

3
Bedrooms
1,220
Square Feet
0.17
Acres
$220,000 | 3942 Village Trace Boulevard, Indianapolis, IN 46254
1/25
4

$220,000

Sold 12/19/25

3
Bedrooms
1,319
Square Feet
0.14
Acres
$215,000 | 4251 Village Trace Drive, Indianapolis, IN 46254
1/21
5

$215,000

Sold 09/24/24

3
Bedrooms
1,319
Square Feet
0.1
Acres
$175,000 | 3749 Bern Place, Indianapolis, IN 46228
1/17
6

$175,000

Sold 08/05/26

3
Bedrooms
1,302
Square Feet
0.19
Acres
$208,808 | 5335 Shefford Court, Indianapolis, IN 46254
1/31
7

$208,808

Sold 09/16/24

3
Bedrooms
1,190
Square Feet
0.17
Acres
$225,000 | 2350 West 58th Street, Indianapolis, IN 46228
1/21
8

$225,000

Sold 04/22/26

3
Bedrooms
1,344
Square Feet
0.84
Acres
$225,000 | 4233 Ansar Lane, Indianapolis, IN 46254
1/34
9

$225,000

Sold 09/30/25

3
Bedrooms
1,373
Square Feet
0.24
Acres

Location

Sold By Compass Indiana, LLC

Add your commute

Building Information for 5061 Sylvan Road

Stories-Year Built1972Building Size-Lot Size0.20 AC / 8,712 SF

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$1,140 per month

30 year fixed, 6.55% Interest

Principal and Interest

$986

Property Taxes

$154

HOA Dues

$0

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Property Information for 5061 Sylvan Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46228
  • Postal Code Plus4: 2120
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 490609115098000800
  • Semi Annual Property Tax Amt: 925
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 14
School Information
  • School District: MSD Washington Township
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 483
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Corner Lot, Mature Trees, Trees-Small (Under 20 Ft)
  • Lot Size Square Feet: 8712.0
  • Lot Size Acres: 0.2
  • Main Level SqFt: 1217
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1217.0
  • Sq Ft Total: 1217.0
  • Year Built Numeric: 1972
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Morningside L14 B2
  • Photos Count: 25
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Conventional
Utilities
  • Solid Waste: Yes
  • Utilities: Cable Connected, Natural Gas Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Foundation Details: Crawl Space
  • Pool Private: No
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air, Natural Gas
  • Interior Features: Hardwood Floors
  • Levels: One
  • Kitchen Features: Kitchen Some Updates
  • Additional Equipment: Smoke Alarm
  • Room List: Kitchen, Primary Bedroom, Laundry, Bedroom 3, Bedroom 2, Family Room, Dining Room
  • Room and Features: Kitchen-Main, Primary Bedroom-Main, Laundry-Main, Bedroom 3-Main, Bedroom 2-Main, Family Room-Main, Dining Room-Main
  • Spa: No
  • Main Level Bedrooms: 3
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 7
  • Rooms Total MU: 7
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 11x8
  • Room Type: Kitchen
Room 2
  • Room Level: Main
  • Room Dimensions: 15x11
  • Room Type: Primary Bedroom
Room 3
  • Room Level: Main
  • Room Dimensions: 6x5
  • Room Type: Laundry
Room 4
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Type: Bedroom 3
Room 5
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Type: Bedroom 2
Room 6
  • Room Level: Main
  • Room Dimensions: 15x11
  • Room Type: Family Room
Room 7
  • Room Level: Main
  • Room Dimensions: 15x11
  • Room Type: Dining Room
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 5061 Sylvan Road

DateEvent & SourcePriceAppreciation
May 15, 2025

Sold (Public Record)

Public Record #1907182068

$194,000

+7.9% / yr

May 15, 2025

Sold

MIBORMLS #22030269

$194,000
May 12, 2025

Pending

MIBORMLS #22030269

DateEvent & SourcePrice
05/15/2025

Sold (Public Record)

Public Record #1907182068

$194,000

+7.9% / yr

05/15/2025

Sold

MIBORMLS #22030269

$194,000
05/12/2025

Pending

MIBORMLS #22030269

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5061 Sylvan Road

Taxable ValueLand$31,600Additions$126,500Total$158,100
Tax Record2024$1,722 ($143 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,217 SqFtAbove Grade Finished SqFt1,217 SqFtStories1Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1972ZoningZO01CountyMARIONAPN49-06-09-115-098.000-800

Schools near 5061 Sylvan Road

This home is within M S D Washington Township.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Crooked Creek Elementary School
PublicK to 5

Westlane Middle School
Public6 to 8

North Central High School
Public9 to 12

Willow Lake Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5061 Sylvan Road, Indianapolis, IN 46228
$194,000
3
1,217
8,712
$255,420
4
3
2,230
8,712
$164,900
3
1,972
8,698
$268,000
3
1,463
16,247
$233,700
3
1,697
8,446
$107,000
3
1,488
8,712

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information submitted to the MLS GRID as of 08/12/2025 10:07 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.