5601 Milhouse Road
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5601 Milhouse RoadIndianapolis, IN 46221


Pending
$125,000
Asking Price
4
Bd
2
Ba
1,090
Sqft
0.27
Ac Lot

5601 Milhouse Road Indianapolis, IN 46221


Single Family Property Type
30 daysTime pending
$115Price per sqft
3 carsGarage
1979Year Built
Instant equity is yours with your new home at 5601 Milhouse Rd. This 4 bedroom, 1 1/2 bath home is a great investment for the first time buyer or investor willing to put some elbow grease into a project that will pay big dividends. Make no mistake, this home needs significant cosmetic work, but it is livable now and all the heavy mechanical work is done. Within the past two years owner has replaced the roof, the HVAC, all the ductwork, and water heater. There are also new toilets and faucets in bathrooms which are both in good shape. This is a great spot for a home based business with a 24' x 24' outbuilding with ahigh door, as well as a 12'x 24' extension for additional storage or work area. The home also features a privacy fence around the back yard. The one car garage attached to the home was converted to the 4th bedroom but can be converted back to garage if desired. Garage door still operates and is used for additional storage.

Approximate location on a geospatial gridSouthwest Indy
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Year Built

1979

City

Indianapolis

Type

Single Family Residence

Neighborhood

Decatur Township

County

Marion

Lot Size

0.27 ac / 11,848 sqft

Bedrooms

4

Full Bathrooms

1

Half Bathrooms

1

Garage Capacity

3

Living Area Total

1,090 sqft

Price per sqft

$114.68

Living Area Main & Upper

1,090 sqft

Connect with a Dwellane Agent

Like what you see? Our trusted agents are ready to help you take the next step.

Listing Agent

Gregory Hillman
317-997-8089

Buyer Agent

Kim Richter
317-658-5116

Listing Provider

Carpenter, REALTORS®

MLS #

22039485

Source

MIBOR as distributed by MLS GRID

Last Modified

Thu May 22 2025

Pending on

May 21 2025

Listed on

Mon May 19 2025


Property History

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Decatur Township

Approximate location on a geospatial gridSouthwest Indy
Decatur Township media

Decatur Township, located in the southwestern corner of Indianapolis, offers a blend of suburban living and access to natural spaces. The area has experienced significant growth, with its population increasing by nearly 50% between 2000 and 2020, making it one of the fastest-growing townships in Marion County. This expansion includes residential developments and commercial hubs like the AmeriPlex Industrial Park, which spans 1,500 acres and offers a mix of warehousing, manufacturing, and office spaces.

Residents have access to several parks that cater to a variety of recreational interests. Southwestway Park is one of the city's largest parks, featuring over 200 acres of wooded areas, trails, and sports facilities, including baseball diamonds and soccer fields. Carson Park offers nearly 25 acres with amenities such as softball fields, a splash pad, and walking trails. For those interested in natural preservation, Griffin Woods provides a 10-acre undeveloped area aimed at conserving local flora and fauna.

Decatur Township is also home to historical landmarks like the Nicholson–Rand House, a Gothic Revival-style home built in the mid-19th century and listed on the National Register of Historic Places. The township's location provides convenient access to major transportation routes, including the Ronald Reagan Parkway and proximity to the Indianapolis International Airport, facilitating both local and regional connectivity.

Neighborhood Features

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