5548 Fair Ridge Pl

Indianapolis, IN 46221

$285,000
Price
3
Beds
2,147 Sq. Ft.
$133 / Sq. Ft.
2,147
Sq. Ft.
$133
per Sq. Ft.

Description

This home has been refreshed throughout and is truly move-in ready. The main level offers an open layout with new LVP flooring, fresh paint, updated lighting, and a clean, updated kitchen with white cabinets and stainless steel appliances. It's a bright, flexible space that works well for everyday living or hosting. Upstairs features a large loft, convenient second-floor laundry, and a spacious primary suite with vaulted ceilings and two walk-in closets-a rare amount of storage at this price point....This home has been refreshed throughout and is truly move-in ready. The main level offers an open layout with new LVP flooring, fresh paint, updated lighting, and a clean, updated kitchen with white cabinets and stainless steel appliances. It's a bright, flexible space that works well for everyday living or hosting. Upstairs features a large loft, convenient second-floor laundry, and a spacious primary suite with vaulted ceilings and two walk-in closets-a rare amount of storage at this price point. Bedrooms are all generously sized and easy to furnish. Out back, the brand-new concrete patio gives you a solid start for an outdoor setup overlooking a tree-lined yard. Add seating, a grill, or a firepit and you're ready to enjoy the space right away. Located on a quiet street in Decatur Ridge with quick access to grocery stores, parks, schools, and major roads. With over 2,100 sq ft, practical updates, and a private backyard feel, this is one of the best values in Decatur Township. Come see how much home you get here.
  1. Listed by Chelsi Kitchen • Highgarden Real Estate

Property Details for 5548 Fair Ridge Place

Architectural Style
Traditional
Subdivision Name
Decatur Ridge
Township
Decatur
LISTING UPDATED: 12/18/2025 03:53 PM

Property Details for 5548 Fair Ridge Place

StatusActive
MLS #22047783
Days on Market148
Taxes$1,246 semi-annually
HOA Fees$450 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2001
Lot Size0.13 AC / 5,662 SF
CountyMarion County

Location

Listing Courtesy of Highgarden Real Estate
Add your commute

Building Information for 5548 Fair Ridge Place

Stories-Year Built2001Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$1,653 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,408

Property Taxes

$208

HOA Dues

$38

The Payment Calculator is for illustrative purposes only.

Property Information for 5548 Fair Ridge Place

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46221
  • Postal Code Plus4: 4071
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Annually
  • Association Fee Includes: Maintenance, ParkPlayground
  • Association Fee: $450
  • Parcel Number: 491302106008000200
  • Semi Annual Property Tax Amt: 1246
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2024
  • TaxLot: 49-13-02-106-008.000-200
School Information
  • School District: MSD Decatur Township
Parking
  • Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage SqFt: 544
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Sidewalks, Street Lights, Mature Trees
  • Lot Size Square Feet: 5706.0
  • Lot Size Acres: 0.13
  • Main Level SqFt: 931
  • New Construction: False
  • Living SqFt: 1216.0
  • Sqft Total: 2147.0
  • Sq Ft Total: 2147.0
  • Year Built Numeric: 2001
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Decatur Ridge Sec 2 L080
  • Ownership Type: Mandatory Fee
  • Photos Count: 29
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Property Condition: Updated/Remodeled
Utilities
  • Solid Waste: No
  • Utilities: Cable Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl With Brick
  • Foundation Details: Slab
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Electric Water Heater, Water Purifier
  • Areas Interior: Living Room Formal
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Breakfast Room, Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air, Electric
  • Interior Features: Attic Access, Built-in Features, Vaulted Ceiling(s), Walk-In Closet(s), Pantry
  • Levels: Two
  • Kitchen Features: Kitchen Updated
  • Additional Equipment: Security System Owned, Smoke Alarm
  • Room List: Loft, Primary Bedroom, Laundry, Kitchen, Living Room, Library, Breakfast Room, Bedroom 2, Bedroom 3
  • Room and Features: Loft-Upper, Primary Bedroom-Upper, Laundry-Upper, Kitchen-Main, Living Room-Main, Library-Upper, Breakfast Room-Main, Bedroom 2-Upper, Bedroom 3-Upper
  • Main Level Bedrooms: 0
  • Laundry Features: Connections All, Upper Level
  • Num Bedrooms Upper: 3
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 9
  • Rooms Total MU: 9
  • Total Rooms: 9
Room 1
  • Room Level: Upper
  • Room Dimensions: 19x15
  • Room Type: Loft
Room 2
  • Room Level: Upper
  • Room Dimensions: 19x15
  • Room Type: Primary Bedroom
Room 3
  • Room Level: Upper
  • Room Dimensions: 8x5
  • Room Type: Laundry
Room 4
  • Room Level: Main
  • Room Dimensions: 9x10
  • Room Type: Kitchen
Room 5
  • Room Level: Main
  • Room Dimensions: 16x16
  • Room Type: Living Room
Room 6
  • Room Level: Upper
  • Room Dimensions: 10x11
  • Room Type: Library
Room 7
  • Room Level: Main
  • Room Dimensions: 13x12
  • Room Type: Breakfast Room
Room 8
  • Room Level: Upper
  • Room Dimensions: 12x12
  • Room Type: Bedroom 2
Room 9
  • Room Level: Upper
  • Room Dimensions: 10x11
  • Room Type: Bedroom 3
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 0
  • Full Baths MU: 2
  • Full Baths Upper: 2
  • 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 5548 Fair Ridge Place

DateEvent & SourcePriceAppreciation
Oct 14, 2025

Price Change

MIBORMLS #22047783

$285,000—
Sep 11, 2025

Price Change

MIBORMLS #22047783

$290,000—
Aug 1, 2025

Listed (Active)

MIBORMLS #22047783

$307,000—
Jul 11, 2006

Sold

MIBORMLS #2572096

$137,500—
Jun 17, 2006

Pending

MIBORMLS #2572096

—
Nov 30, 2005

Listed (Active)

MIBORMLS #2572096

$146,900—
Nov 14, 2005

Expired

MIBORMLS #2529572

—
May 14, 2005

Listed (Active)

MIBORMLS #2529572

$154,900—
DateEvent & SourcePrice
10/14/2025

Price Change

MIBORMLS #22047783

$285,000
09/11/2025

Price Change

MIBORMLS #22047783

$290,000
08/01/2025

Listed (Active)

MIBORMLS #22047783

$307,000
07/11/2006

Sold

MIBORMLS #2572096

$137,500
06/17/2006

Pending

MIBORMLS #2572096

—
11/30/2005

Listed (Active)

MIBORMLS #2572096

$146,900
11/14/2005

Expired

MIBORMLS #2529572

—
05/14/2005

Listed (Active)

MIBORMLS #2529572

$154,900

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

Public Records for 5548 Fair Ridge Place

Taxable ValueLand$18,200Additions$241,400Total$259,600
Tax Record2024$2,906 ($242 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt2,147 SqFtAbove Grade Finished SqFt2,147 SqFtStories2Lot Size5,706 SqFtStyleSingle Family ResidenceYear Built2001ZoningZO01CountyMARIONAPN49-13-02-106-008.000-200Fireplace TypeMasonry

Schools near 5548 Fair Ridge Place

This home is within M S D Decatur Township.
Rating
School
Type
Grades
Distance
Valley Mills Elementary School
Public - K to 6
Decatur Middle School
Public - 7 to 8
Decatur Central High School
Public - 9 to 12
Decatur TWP School for Excellence
Public - 7 to 12
Rating
School
Distance
Valley Mills Elementary School
PublicK to 6

Decatur Middle School
Public7 to 8

Decatur Central High School
Public9 to 12

Decatur TWP School for Excellence
Public7 to 12

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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More information about 5548 Fair Ridge Place, Indianapolis, IN 46221

5548 Fair Ridge Place is a single family home for sale in Indianapolis, IN 46221. This property was listed for sale on August 1, 2025 by Highgarden Real Estate, it's currently listed at $285,000. It has been on the market for a total of 148 days and was last sold on July 11, 2006. This listing's school district is M S D Decatur Township. Nearby schools include Valley Mills Elementary School, Decatur Middle School and Decatur Central High School. 5548 Fair Ridge Place is a 3-bed, 3-bath, 2,147 sqft single family home built in 2001.

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 Highgarden Real Estate

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/27/2025 12:15 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.