Sold
Last Sold Price
3 beds1,265 sqft$190/sqft
5541 Fair Ridge Pl, Indianapolis, IN 46221
Single FamilyProperty Type
6,969 sq ftLot Size
2001Year Built
$190/sq ftPrice per sq ft
$280/yrHOA Fees
2 carsParking Spaces

Description

Charming 3-bedroom, 2-bath ranch located in Decatur Ridge. This well-maintained home features a covered front porch that's perfect for morning coffee or relaxing evenings. Step inside to a spacious great room with cathedral ceilings and a cozy woodburning fireplace. Large windows throughout the home let in plenty of natural light, creating a bright and welcoming atmosphere. The kitchen flows nicely into the living space, making entertaining a breeze, and the primary bedroom includes a full bath and...Charming 3-bedroom, 2-bath ranch located in Decatur Ridge. This well-maintained home features a covered front porch that's perfect for morning coffee or relaxing evenings. Step inside to a spacious great room with cathedral ceilings and a cozy woodburning fireplace. Large windows throughout the home let in plenty of natural light, creating a bright and welcoming atmosphere. The kitchen flows nicely into the living space, making entertaining a breeze, and the primary bedroom includes a full bath and walk-in closet for added comfort and convenience. Outside, the backyard is ready for cozy evenings around the fire pit. The neighborhood playground is just a short walk away. This all-electric home is move-in ready and filled with thoughtful touches that make daily living easy and enjoyable. Conveniently located near grocery shopping, dining, and offering quick access to the interstate. Updates include a new roof (2020), new vinyl flooring (2025), freshly painted kitchen (2025), new baseboards installed (2025), and a new AC unit and furnace added in (2022). This ranch is ready to offer you a comfortable and welcoming place to call home!
  • Listed by: Jenny Laughner 317.881.2100 jenny@c21scheetz.com • CENTURY 21 Scheetz
  • Listed by: Tyler Casse 317.439.3041 Tcasse@c21scheetz.com
Listing closed: 06/02/2025 12:00 AM • Source: MIBORMLS, MLS#: 22030929

Recent comparable sales

Median sold price

$238,000

Avg days on market

25

Sale-to-list ratio

97.0%

Indianapolis, IN

9 comparable properties found

$230,000 | 6726 Colleens Way, Indianapolis, IN 46221
1/37
1

$230,000

Sold 04/06/26

3
Bedrooms
1,196
Square Feet
0.13
Acres
$239,000 | 6722 Thistleridge Court, Indianapolis, IN 46221
1/24
2

$239,000

Sold 10/24/25

3
Bedrooms
1,376
Square Feet
0.18
Acres
$240,000 | 5616 Decatur Ridge Drive, Indianapolis, IN 46221
1/28
3

$240,000

Sold 01/07/25

3
Bedrooms
1,316
Square Feet
0.14
Acres
$245,000 | 6678 Colleens Way, Indianapolis, IN 46221
1/31
4

$245,000

Sold 04/29/25

3
Bedrooms
1,390
Square Feet
0.35
Acres
$242,000 | 6677 Colleens Way, Indianapolis, IN 46221
1/15
5

$242,000

Sold 09/19/25

3
Bedrooms
1,246
Square Feet
0.17
Acres
$235,000 | 5723 Decatur Ridge Drive, Indianapolis, IN 46221
1/32
6

$235,000

Sold 11/03/25

3
Bedrooms
1,390
Square Feet
0.14
Acres
$215,000 | 6654 Colleens Way, Indianapolis, IN 46221
1/26
7

$215,000

Sold 11/01/24

3
Bedrooms
1,292
Square Feet
0.5
Acres
$238,000 | 6946 Fair Ridge Drive, Indianapolis, IN 46221
1/31
8

$238,000

Sold 04/30/26

3
Bedrooms
1,364
Square Feet
0.17
Acres
$227,500 | 6935 Fair Ridge Drive, Indianapolis, IN 46221
1/34
9

$227,500

Sold 12/29/25

3
Bedrooms
1,333
Square Feet
0.14
Acres

Location

Listing Courtesy of CENTURY 21 Scheetz

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Property Information for 5541 Fair Ridge Place

Property Details
  • Taxes: $1,258 semi-annually
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Subdivision Name: Decatur Ridge
  • Township: Decatur
Building Information
  • Year Built: 2001
  • Lot Size: 0.16 AC / 6,969 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: From SR 67 & Milhouse Rd, head east on Milhouse Rd. Turn left onto Decatur Ridge Dr. Turn right on Fair Ridge Pl. House will be on the right.
  • Postal Code: 46221
  • Postal Code Plus4: 4072
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Annually
  • Association Fee Includes: Association Home Owners, Entrance Common, Maintenance, ParkPlayground, Snow Removal
  • Association Fee: $280
  • Parcel Number: 491302106026000200
  • Semi Annual Property Tax Amt: 1258
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 103
  • Association Phone: 317-713-0739
School Information
  • Elementary School: Valley Mills Elementary School
  • 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: Keyless Entry
  • Garage Spaces: 2.0
  • Garage SqFt: 400
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
  • Lot Size Square Feet: 6752.0
  • Lot Size Acres: 0.16
  • Main Level SqFt: 1265
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1265.0
  • Sq Ft Total: 1265.0
  • Year Built Numeric: 2001
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Decatur Ridge Sec 2 L103
  • Ownership Type: Mandatory Fee
  • Photos Count: 33
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Web Link: www.jennylaughner.com
  • Buyer Financing: FHA
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Utilities: Cable Connected
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl With Brick
  • Foundation Details: Slab
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Electric Water Heater, MicroHood, Electric Oven, Refrigerator, Water Softener Owned
  • Basement YN: No
  • Eating Area: Dining Combo/Great Room
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces Total: 1
  • Heating: Forced Air, Electric
  • Interior Features: Cathedral Ceiling(s), Vaulted Ceiling(s), Windows Thermal, Wood Work Painted, Paddle Fan, Eat-in Kitchen, Entrance Foyer, Pantry
  • Levels: One
  • Additional Equipment: Smoke Alarm
  • Room List: Primary Bedroom, Kitchen, Great Room, Bedroom 2, Bedroom 3, Laundry
  • Room and Features: Primary Bedroom-Main-Vinyl, Kitchen-Main-Vinyl, Great Room-Main-Vinyl, Bedroom 2-Main-Carpet, Bedroom 3-Main-Carpet, Laundry-Main-Laminate
  • Main Level Bedrooms: 3
  • Laundry Features: Main Level
  • 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: 14x12
  • Room Features: Vinyl
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 14x7
  • Room Features: Vinyl
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 24x13
  • Room Features: Vinyl
  • Room Type: Great Room
Room 4
  • Room Level: Main
  • Room Dimensions: 11x9
  • Room Features: Carpet
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 10x9
  • Room Features: Carpet
  • Room Type: Bedroom 3
Room 6
  • Room Level: Main
  • Room Dimensions: 5x6
  • Room Features: Laminate
  • Room Type: Laundry
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 5541 Fair Ridge Place

DateEvent & SourcePriceAppreciation
Jun 2, 2025

Sold (Public Record)

Public Record #1908138638

$240,000

+8.5% / yr

Jun 2, 2025

Sold

MIBORMLS #22030929

$240,000
May 4, 2025

Pending

MIBORMLS #22030929

DateEvent & SourcePrice
06/02/2025

Sold (Public Record)

Public Record #1908138638

$240,000

+8.5% / yr

06/02/2025

Sold

MIBORMLS #22030929

$240,000
05/04/2025

Pending

MIBORMLS #22030929

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

Public Records for 5541 Fair Ridge Place

Taxable ValueLand$19,900Additions$197,900Total$217,800
Tax Record2024$2,427 ($202 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,265 SqFtAbove Grade Finished SqFt1,265 SqFtStories1Lot Size6,752 SqFtStyleSingle Family ResidenceYear Built2001Year Renovated2003ZoningZO01CountyMARIONAPN49-13-02-106-026.000-200Fireplace TypeHas Fireplace

Schools near 5541 Fair Ridge Place

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
Valley Mills Elementary School
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 CENTURY 21 Scheetz

Based on information submitted to the MLS GRID as of 06/03/2025 11:38 AM. 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.