Sold
Last Sold Price
2 beds816 sqft$127/sqft
5306 Margate Rd, Indianapolis, IN 46221
Single FamilyProperty Type
0.32 acresLot Size
1951Year Built
$127/sq ftPrice per sq ft
2 carsParking Spaces

Description

Captivating price for this ranch style home on double lot in Decatur Township. Mature landscaping & trees, storage shed, detached 2-car garage, spacious wood deck on front of home, open patio. Exterior appears to have newer vinyl siding & replacement windows, dimensional shingles. Interior features newer LVP flooring, water heater, kitchen cabinets & counters & remodeled bathroom. Open floor plan with dining area, laundry room, great room & kitchen. Incredible value & a must see!Captivating price for this ranch style home on double lot in Decatur Township. Mature landscaping & trees, storage shed, detached 2-car garage, spacious wood deck on front of home, open patio. Exterior appears to have newer vinyl siding & replacement windows, dimensional shingles. Interior features newer LVP flooring, water heater, kitchen cabinets & counters & remodeled bathroom. Open floor plan with dining area, laundry room, great room & kitchen. Incredible value & a must see!
  • Listed by: Chris Price 317.271.5959 chrisprice@indypropertysource.com • Keller Williams Indy Metro S
Listing closed: 11/10/2023 12:00 AM • Source: MIBORMLS, MLS#: 21926907

Recent comparable sales

Median sold price

$105,900

Avg days on market

54

Sale-to-list ratio

91.4%

Indianapolis, IN

9 comparable properties found

$105,900 | 3222 Mars Hill Street, Indianapolis, IN 46221
1/28
1

$105,900

Sold 11/24/25

2
Bedrooms
890
Square Feet
0.12
Acres
$114,900 | 3233 Mars Hill Street, Indianapolis, IN 46221
1/6
2

$114,900

Sold 05/15/26

2
Bedrooms
736
Square Feet
0.12
Acres
$117,000 | 3211 South Lockburn Street, Indianapolis, IN 46221
1/19
3

$117,000

Sold 08/28/26

2
Bedrooms
900
Square Feet
0.18
Acres
$87,500 | 3049 Foltz Street, Indianapolis, IN 46241
1/31
4

$87,500

Sold 05/12/25

2
Bedrooms
816
Square Feet
0.28
Acres
$105,000 | 2849 Mars Hill Street, Indianapolis, IN 46241
1/11
5

$105,000

Sold 02/10/25

2
Bedrooms
780
Square Feet
0.12
Acres
$125,000 | 2916 South Roena Street, Indianapolis, IN 46241
1/32
6

$125,000

Sold 07/14/26

2
Bedrooms
864
Square Feet
0.17
Acres
$118,000 | 3020 South Mooresville Road, Indianapolis, IN 46221
1/38
7

$118,000

Sold 07/23/26

2
Bedrooms
740
Square Feet
0.12
Acres
$80,000 | 2754 South Lyons Avenue, Indianapolis, IN 46241
1/18
8

$80,000

Sold 07/17/26

2
Bedrooms
900
Square Feet
0.12
Acres
$83,000 | 2622 Foltz Street, Indianapolis, IN 46241
1/18
9

$83,000

Sold 01/02/26

2
Bedrooms
900
Square Feet
0.12
Acres

Location

Listing Courtesy of Keller Williams Indy Metro S

Sold By Keller Williams Indy Metro S

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Property Information for 5306 Margate Road

Property Details
  • Taxes: $350 semi-annually
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Ranch
  • Subdivision Name: Newlynn
  • Township: Decatur
  • Waterfront: No
Building Information
  • Year Built: 1951
  • Lot Size: 0.32 AC / 13,939 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: South on Lynurst Drive from Kentucky Avenue. Turn right (west) onto Margate Road to home.
  • Postal Code: 46221
  • Postal Code Plus4: 3119
  • State Or Province: IN
  • View: Neighborhood, Trees/Woods
  • View: Yes
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491236115045000200
  • Semi Annual Property Tax Amt: 350
  • Tax Year: 2021
  • Additional Parcels Description: Newlynn L033 & L034
  • TaxLot: 33, 34
School Information
  • Elementary School: Blue Academy
  • High School: Decatur Central High School
  • Middle Or Junior School: Decatur Middle School
  • School District: MSD Decatur Township
Parking
  • Garage YN: Yes
  • Garage Parking Other: Service Door,Other
  • Garage Spaces: 2.0
  • Garage SqFt: 480
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Lot Description: Not In Subdivision, Suburb, Mature Trees, Trees-Small (Under 20 Ft), Wooded, See Remarks, Other
  • Lot Size Square Feet: 13983.0
  • Lot Size Acres: 0.32
  • Main Level SqFt: 816
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 816.0
  • Sq Ft Total: 816.0
  • Year Built Numeric: 1951
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: Yes
  • Inspection Warranties: Not Applicable,Other
  • Legal Subdivision: Newlynn L033 & L034
  • Photos Count: 50
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Web Link: www.TheIndyPropertySource.com
  • Web Link Num 2: www.HUDHomeStore.com
  • Buyer Financing: FHA
  • Community Features: Street Lights, Suburban
Green Features
  • Green Certification: No
Utilities
  • Electric: Circuit Breakers
  • Solid Waste: No
  • Utilities: Cable Available, Electricity Connected, Gas, Septic System, Water Connected
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Barn Mini, Tennis Community
  • Foundation Details: Block
  • Fencing: Partial
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Kitchen Exhaust, Laundry Connection in Unit, Refrigerator, Water Heater
  • Areas Interior: Bedroom Other on Main,Laundry in Unit,Utility Room,Other
  • Basement YN: No
  • Cooling: Central Electric
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air, Gas
  • Interior Features: Attic Access, Paddle Fan, Programmable Thermostat, Supplemental Storage, Windows Vinyl, Wood Work Painted
  • Levels: One
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Smoke Alarm
  • Smart Home Features: Thermostat - Programmable
  • Room List: Great Room, Dining Room, Kitchen, Primary Bedroom, Bedroom 2
  • Room and Features: Great Room-Main-Luxury Vinyl Plank, Dining Room-Main-Luxury Vinyl Plank, Kitchen-Main-Luxury Vinyl Plank, Primary Bedroom-Main-Carpet, Bedroom 2-Main-Other, Main-Vinyl
  • Main Level Bedrooms: 2
  • Laundry Features: Laundry Room, Main Level, Other
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 6
  • Rooms Total MU: 6
  • Total Rooms: 6
Room 1
  • Room Level: Main
  • Room Dimensions: 17x10
  • Room Features: Luxury Vinyl Plank
  • Room Type: Great Room
Room 2
  • Room Level: Main
  • Room Dimensions: 14x10
  • Room Features: Luxury Vinyl Plank
  • Room Type: Dining Room
Room 3
  • Room Level: Main
  • Room Dimensions: 14x10
  • Room Features: Luxury Vinyl Plank
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Features: Carpet
  • Room Type: Primary Bedroom
Room 5
  • Room Level: Main
  • Room Dimensions: 12x10
  • Room Features: Other
  • Room Type: Bedroom 2
Room 6
  • Room Level: Main
  • Room Dimensions: 17x7
  • Room Features: Vinyl
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 5306 Margate Road

DateEvent & SourcePriceAppreciation
Nov 10, 2023

Sold (Public Record)

Public Record #1523004491

$103,600

+1.9% / yr

Nov 10, 2023

Sold

MIBORMLS #21926907

$103,600
Nov 7, 2023

Pending

MIBORMLS #21926907

DateEvent & SourcePrice
11/10/2023

Sold (Public Record)

Public Record #1523004491

$103,600

+1.9% / yr

11/10/2023

Sold

MIBORMLS #21926907

$103,600
11/07/2023

Pending

MIBORMLS #21926907

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

Public Records for 5306 Margate Road

Taxable ValueLand$21,600Additions$80,800Total$102,400
Tax Record2024$998 ($83 / month)
Home Facts
Beds2Total Finished SqFt816 SqFtAbove Grade Finished SqFt816 SqFtStories1Lot Size13,983 SqFtStyleSingle Family ResidenceYear Built1951CountyMARIONAPN49-12-36-115-045.000-200

Schools near 5306 Margate Road

This home is within M S D Decatur Township.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Blue Academy
PublicK to 6

Decatur Middle School
Public7 to 8

Decatur Central High School
Public9 to 12

Liberty Early Elementary School
PublicPK to 6

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 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.

Listing Courtesy of Keller Williams Indy Metro S

Based on information submitted to the MLS GRID as of 11/10/2023 03:11 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.