Sold
Last Sold Price
3 beds1,540 sqft

5625 Fair Ridge Pl, Indianapolis, IN 46221

Single FamilyProperty Type
0.18 acresLot Size
2002Year Built
$162/sq ftPrice per sq ft
$263/yrHOA Fees
2 carsParking Spaces

Description

Beautifully updated 3bd /2ba ranch with desirable split floorplan! Spacious Great Room features cathedral ceilings, plant shelf, vinyl plank floors, and allows for flexible use of space. Kitchen is updated with freshly painted cabinets, newer hardware, updated faucet, & stainless appliances. Breakfast nook is open to both kitchen & Great Room. Primary Suite includes vinyl plank floors, walk-in closet, and updated on-suite bath with modern finishes! Main bath is nicely updated w/ new vanity top, mirror,...Beautifully updated 3bd /2ba ranch with desirable split floorplan! Spacious Great Room features cathedral ceilings, plant shelf, vinyl plank floors, and allows for flexible use of space. Kitchen is updated with freshly painted cabinets, newer hardware, updated faucet, & stainless appliances. Breakfast nook is open to both kitchen & Great Room. Primary Suite includes vinyl plank floors, walk-in closet, and updated on-suite bath with modern finishes! Main bath is nicely updated w/ new vanity top, mirror, & fixtures. Laundry is updated for maximum storage. Out back you'll find a roomy deck, fully-fenced yard, & mature trees - a perfect place to enjoy the outdoors. This home is A MUST SEE!
  • Listed by: Cate Waggoner 317.881.3700 cate@craftsmanrg.com • RE/MAX Advanced Realty
Listing closed: 06/22/2023 12:00 AM • Source: MIBORMLS, MLS#: 21921902
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Recent comparable sales

Median sold price

$245,000

Avg days on market

9

Sale-to-list ratio

99.4%

Indianapolis, IN

9 comparable properties found

$240,000 | 5640 Fair Ridge Place, Indianapolis, IN 46221
1/29
1

$240,000

Sold 11/14/25

3
Bedrooms
1,422
Square Feet
0.15
Acres
$250,000 | 6731 Thistleridge Court, Indianapolis, IN 46221
1/33
2

$250,000

Sold 04/18/25

3
Bedrooms
1,410
Square Feet
0.21
Acres
$250,000 | 6725 Decatur Commons, Indianapolis, IN 46221
1/18
3

$250,000

Sold 01/03/25

3
Bedrooms
1,414
Square Feet
0.15
Acres
$265,000 | 6708 Thistleridge Court, Indianapolis, IN 46221
1/32
4

$265,000

Sold 05/01/26

3
Bedrooms
1,654
Square Feet
0.19
Acres
$235,000 | 5723 Decatur Ridge Drive, Indianapolis, IN 46221
1/32
5

$235,000

Sold 11/03/25

3
Bedrooms
1,390
Square Feet
0.14
Acres
$239,000 | 6722 Thistleridge Court, Indianapolis, IN 46221
1/24
6

$239,000

Sold 10/24/25

3
Bedrooms
1,376
Square Feet
0.18
Acres
$245,000 | 6631 Furnas Road, Indianapolis, IN 46221
1/20
7

$245,000

Sold 01/24/25

3
Bedrooms
1,454
Square Feet
0.21
Acres
$245,000 | 6678 Colleens Way, Indianapolis, IN 46221
1/31
8

$245,000

Sold 04/29/25

3
Bedrooms
1,390
Square Feet
0.35
Acres
$240,000 | 6624 Colleens Way, Indianapolis, IN 46221
1/39
9

$240,000

Sold 06/24/26

3
Bedrooms
1,448
Square Feet
0.18
Acres

Location

Listing Courtesy of RE/MAX Advanced Realty

Sold By Fathom Realty

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$1,549 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,335

Property Taxes

$192

HOA Dues

$22

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Property Information for 5625 Fair Ridge Place

Property Details

  • Taxes: $1,153 semi-annually
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Subdivision Name: Decatur Ridge
  • Township: Decatur
  • Waterfront: No

Building Information

  • Year Built: 2002
  • Lot Size: 0.18 AC / 7,840 SF

Summary

Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Kentucky Ave./67 South of 465. Head South on High School Rd.; West (right) on Milhouse Rd.; North (right) into Decatur Commons on Decatur Ridge Dr.; North (right) on Fair Ridge Pl. to home on right.
  • Postal Code: 46221
  • Postal Code Plus4: 4073
  • State Or Province: IN
  • View: Neighborhood
  • View: Yes
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Annually
  • Association Fee Includes: Association Home Owners, Entrance Common, Maintenance, ParkPlayground, Management
  • Association Fee: $263
  • Parcel Number: 491302106020000200
  • Semi Annual Property Tax Amt: 1153
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption
  • Tax Year: 2022
  • TaxLot: 97
  • Association Phone: 317-293-0332
  • Tax Block: 2
School Information
  • 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: 420

Property

Lot Information
  • Acreage: <1/4 Acre
  • Lot Description: Curbs, Fence Full Rear, Sidewalks, Storm Sewer, Mature Trees
  • Lot Size Square Feet: 7841.0
  • Lot Size Acres: 0.18
  • Main Level SqFt: 1540
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1540.0
  • Sq Ft Total: 1540.0
  • Year Built Numeric: 2002
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Circumstances re Sale: Multiple offers
  • HOA Disclosures: Covenants & Restrictions,Rules & Regulations
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: DECATUR RIDGE SEC 2 L097
  • Ownership Type: Mandatory Fee
  • Photos Count: 34
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Conventional
  • Community Features: Playground
  • Property Condition: Updated/Remodeled
Green Features
  • Green Certification: No
Utilities
  • Electric: 200+ Amp Service
  • Solid Waste: Yes
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Municipal/City

Interior and Exterior Features

Exterior Features
  • Association Amenities: Management, Playground
  • Construction Materials: Vinyl With Brick
  • Foundation Details: Slab
  • Horse Amenities: None
  • Fencing: Fence Full Rear, Privacy
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Electric Water Heater
  • Basement YN: No
  • Cooling: Central Electric, Heat Pump
  • Eating Area: Breakfast Room, Dining Combo/Great Room
  • Fireplaces Total: 0
  • Heating: Forced Air, Electric
  • Interior Features: Attic Access, Cathedral Ceiling(s), Walk-in Closet(s), Screens Some, Windows Vinyl, Wood Work Painted, Paddle Fan, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, Pantry
  • Levels: One
  • Kitchen Features: Kitchen Country,Kitchen Some Updates
  • Additional Equipment: Smoke Alarm
  • Smart Home Features: Thermostat - Programmable
  • Room List: Primary Bedroom, Kitchen, Living Room, Bedroom 3, Bedroom 2, Breakfast Room
  • Room and Features: Main-Vinyl Plank, Primary Bedroom-Main-Vinyl Plank, Kitchen-Main-Vinyl Plank, Living Room-Main-Vinyl Plank, Bedroom 3-Main-Vinyl Plank, Bedroom 2-Main-Vinyl Plank, Breakfast Room-Main-Vinyl Plank
  • Spa: No
  • Main Level Bedrooms: 3
  • Laundry Features: Laundry Room, 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: 10x6
  • Room Features: Vinyl Plank
Room 2
  • Room Level: Main
  • Room Dimensions: 16x14
  • Room Features: Vinyl Plank
  • Room Type: Primary Bedroom
Room 3
  • Room Level: Main
  • Room Dimensions: 9x16
  • Room Features: Vinyl Plank
  • Room Type: Kitchen
Room 4
  • Room Level: Main
  • Room Dimensions: 21x12
  • Room Features: Vinyl Plank
  • Room Type: Living Room
Room 5
  • Room Level: Main
  • Room Dimensions: 13x11
  • Room Features: Vinyl Plank
  • Room Type: Bedroom 3
Room 6
  • Room Level: Main
  • Room Dimensions: 13x10
  • Room Features: Vinyl Plank
  • Room Type: Bedroom 2
Room 7
  • Room Level: Main
  • Room Dimensions: 8x16
  • Room Features: Vinyl Plank
  • Room Type: Breakfast 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 5625 Fair Ridge Place

DateEvent & SourcePriceAppreciation
Jun 22, 2023

Sold (Public Record)

Public Record #1533507216

$250,000

+19.3% / yr

Jun 22, 2023

Sold

MIBORMLS #21921902

$250,000—
Jun 9, 2023

Pending

MIBORMLS #21921902

—
DateEvent & SourcePrice
06/22/2023

Sold (Public Record)

Public Record #1533507216

$250,000

+19.3% / yr

06/22/2023

Sold

MIBORMLS #21921902

$250,000
06/09/2023

Pending

MIBORMLS #21921902

—

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

Public Records for 5625 Fair Ridge Place

Taxable Value

Land

$20,600

Additions

$205,500
Total$226,100

Tax Record

2024

$2,522 ($210 / month)

Home Facts

Beds

3

Baths

1

Total Finished SqFt

1,540 SqFt

Above Grade Finished SqFt

1,540 SqFt

Stories

1

Lot Size

7,405 SqFt

Style

Single Family Residence

Year Built

2002

Zoning

ZO01

County

MARION

APN

49-13-02-106-020.000-200

Schools near 5625 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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Open: 10/10 01:00PM - 03:00PM

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5625 Fair Ridge Place, Indianapolis, IN 46221
$250,000
3
1,540
7,840
$348,327
4
1.5
2,812
7,536
$158,000
3
1,458
8,712
$162,000
3
2,122
6,969
–
3
2
1,468
6,839
$130,000
3
1,703
14,374

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 RE/MAX Advanced Realty

Based on information submitted to the MLS GRID as of 06/22/2023 10:23 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.