5207 Palisade Way

1,064 Sq. Ft.
$197 / Sq. Ft.
1,064
Sq. Ft.
$197
per Sq. Ft.

Description

Nestled at 5207 Palisade WAY, INDIANAPOLIS, IN, this single-family residence in Marion County presents an inviting home, ready for you to move in and start creating memories. The heart of this home is undoubtedly the living room, where the eye is drawn to the architectural details of a beamed and vaulted ceiling that creates an expansive and airy atmosphere, perfect for both relaxing evenings and lively gatherings. Culinary adventures await in the thoughtfully designed kitchen, featuring shaker cabinets...Nestled at 5207 Palisade WAY, INDIANAPOLIS, IN, this single-family residence in Marion County presents an inviting home, ready for you to move in and start creating memories. The heart of this home is undoubtedly the living room, where the eye is drawn to the architectural details of a beamed and vaulted ceiling that creates an expansive and airy atmosphere, perfect for both relaxing evenings and lively gatherings. Culinary adventures await in the thoughtfully designed kitchen, featuring shaker cabinets that provide ample storage and stylish stone countertops that offer a beautiful and durable workspace for meal preparation. The outdoor living space extends the enjoyment of this property, with a fenced backyard that provides privacy and security, complemented by a practical shed for storage, and a patio that invites you to unwind and enjoy the fresh air. This ranch-style home, offering 1064 square feet of living area on a generous lot, comfortable living in a desirable setting.

Property Details for 5207 Palisade Way

Architectural Style
Ranch
Subdivision Name
Arlington Acres
Township
Franklin
LISTING UPDATED: 02/17/2026 07:06 PM

Property Details for 5207 Palisade Way

StatusPending
MLS #22077474
Days on Market45
Taxes$762 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1981
Lot Size0.17 AC / 7,405 SF
CountyMarion County

Location

Listing Courtesy of Keller Williams Indy Metro S
Add your commute

Building Information for 5207 Palisade Way

Stories-Year Built1981Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$1,151 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,024

Property Taxes

$127

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5207 Palisade Way

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46237
  • Postal Code Plus4: 2003
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491503127015000300
  • Semi Annual Property Tax Amt: 762
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 228
School Information
  • High School: Franklin Central High School
  • Middle Or Junior School: Franklin Central Junior High
  • School District: Franklin Township Com Sch Corp
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 240
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 7560.0
  • Lot Size Acres: 0.17
  • Main Level SqFt: 1064
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1064.0
  • Sq Ft Total: 1064.0
  • Year Built Numeric: 1981
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Arlington Acres North Phase 4 Sec 2 L 228
  • Photos Count: 21
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Foundation Details: Slab
  • Horse Amenities: None
  • Fencing: Privacy
Interior Features
  • Accessibility Features: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, MicroHood, Refrigerator
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Heating: Forced Air
  • Interior Features: Attic Access, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Wood Work Painted
  • Levels: One
  • Kitchen Features: Kitchen Galley,Kitchen Updated
  • Room List: Living Room, Kitchen, Primary Bedroom, Bedroom 2, Bedroom 3
  • Room and Features: Living Room-Main, Kitchen-Main, Primary Bedroom-Main, Bedroom 2-Main, Bedroom 3-Main
  • Main Level Bedrooms: 3
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 17x16
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 16x9
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 13x10
  • Room Type: Primary Bedroom
Room 4
  • Room Level: Main
  • Room Dimensions: 12x9
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 10x9
  • Room Type: Bedroom 3
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 5207 Palisade Way

DateEvent & SourcePriceAppreciation
Feb 17, 2026

Pending

MIBORMLS #22077474

—
Dec 20, 2025

Listed (Active)

MIBORMLS #22077474

$210,000—
Apr 27, 2020

Sold (Public Record)

Public Record #666707395

$133,000

+8.4% / yr

Apr 27, 2020

Sold

MIBORMLS #21690091

$133,000—
Mar 27, 2020

Pending

MIBORMLS #21690091

—
Jan 22, 2020

Listed (Active)

MIBORMLS #21690091

$129,900—
Apr 5, 2016

Sold

MIBORMLS #21396380

$95,000—
Feb 22, 2016

Sold (Public Record)

Public Record #569236261

$95,000—
Feb 11, 2016

Pending

MIBORMLS #21396380

—
Jan 28, 2016

Listed (Active)

MIBORMLS #21396380

$99,900—
Aug 19, 2004

Sold

MIBORMLS #2437364

$84,400—
Jul 30, 2004

Pending

MIBORMLS #2437364

—
Jul 1, 2004

Listed (Active)

MIBORMLS #2437364

$84,900—
Feb 12, 2004

Expired

MIBORMLS #2324838

—
May 12, 2003

Listed (Active)

MIBORMLS #2324838

$88,500—
DateEvent & SourcePrice
02/17/2026

Pending

MIBORMLS #22077474

—
12/20/2025

Listed (Active)

MIBORMLS #22077474

$210,000
04/27/2020

Sold (Public Record)

Public Record #666707395

$133,000

+8.4% / yr

04/27/2020

Sold

MIBORMLS #21690091

$133,000
03/27/2020

Pending

MIBORMLS #21690091

—
01/22/2020

Listed (Active)

MIBORMLS #21690091

$129,900
04/05/2016

Sold

MIBORMLS #21396380

$95,000
02/22/2016

Sold (Public Record)

Public Record #569236261

$95,000
02/11/2016

Pending

MIBORMLS #21396380

—
01/28/2016

Listed (Active)

MIBORMLS #21396380

$99,900
08/19/2004

Sold

MIBORMLS #2437364

$84,400
07/30/2004

Pending

MIBORMLS #2437364

—
07/01/2004

Listed (Active)

MIBORMLS #2437364

$84,900
02/12/2004

Expired

MIBORMLS #2324838

—
05/12/2003

Listed (Active)

MIBORMLS #2324838

$88,500

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

Public Records for 5207 Palisade Way

Taxable ValueLand$20,400Additions$131,900Total$152,300
Tax Record2024$1,523 ($127 / month)
Home Facts
Beds3Total Finished SqFt1,064 SqFtAbove Grade Finished SqFt1,064 SqFtStories1Lot Size7,560 SqFtStyleSingle Family ResidenceYear Built1982CountyMARIONAPN49-15-03-127-015.000-300Fireplace TypeMasonry

Schools near 5207 Palisade Way

This home is within Franklin Township Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 7 to 8
Public - 9 to 12
Public - K to 3
Rating
School
Distance
Arlington Elementary School
PublicK to 3

Franklin Central Junior High
Public7 to 8

Franklin Central High School
Public9 to 12

Bunker Hill Elementary School
PublicK to 3

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Indy Metro S

Based on information submitted to the MLS GRID as of 02/17/2026 07:06 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.