$245,000

5348 Pelham Way Indianapolis, IN 46216

$2,909
Closing credit¹
2 beds
2 full
2,286 sqft
0.10 acres
$107 / sqft
House

Property details

About 5348 Pelham Way

Welcome to this beautifully maintained, detached home in the desirable Benjamin Square neighborhood! This 2-bedroom, 2-bath gem offers comfort, convenience, and flexibility with a full basement set up as a separate apartment-complete with its own kitchen and bathroom, perfect for guests, in-laws, or rental income. Step inside to find newer luxury vinyl plank (LVP) flooring throughout the main level, adding style and durability. The home has been thoughtfully updated, featuring a new A/C system (2022), a new roof (2018), some updated lighting, and newer appliances in the main kitchen. Enjoy outdoor living in the fully fenced backyard with a spacious deck-ideal for entertaining or relaxing. Located just minutes from parks, dining, and shopping, with easy access to I-465 and downtown Indianapolis, this home blends suburban comfort with urban convenience. Don't miss your chance to own this versatile and move-in-ready home in a great location!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size2,286 sqft
BasementYes
Lot size0.1 Acres
Year built2001
MLS #22037022
FireplaceGas Log, Great Room, Living Room

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave Hood, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Interior: Windows Thermal, Windows Vinyl, Bath Sinks Double Main, Hi-Speed Internet Availbl, Vaulted Ceiling(s), Walk-in Closet(s), Cathedral Ceiling(s)
  • Fireplace: Gas Log, Great Room, Living Room
  • Total Bedroom Count: 2
  • Exterior: Balcony
  • Architectural Style: TraditonalAmerican
  • Heating: Forced Air, Natural Gas
  • List Price: $245,000
  • Price/SqFt: $107
  • HOA Amount: $38
  • HOA Frequency: Semi-Annually
  • Annual Tax Amount: $2,391
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 2001
  • Living Area: 2,286 SqFt
  • Lot Size: 0.1 Acres
  • MLS Number: 22037022
  • MLS Name: MIBOR
  • Office Name: Key Realty Indiana
  • Office Email: heather@heatherhemphillrealty.com
  • Listing Agent: Heather Hemphill

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

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Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Last updated on: 5/11/2025, 1:16:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front facade featuring brick siding, concrete driveway, a garage, and a front yard

$245,000

5348 Pelham Way

$2,909

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 13, 2022
Home Sold
$120,000
Aug 09, 2018
Home Sold
$120,000

Tax history

YearAssessmentProperty Tax
2023$221,100$2,391
2022$204,900$2,245
2021$178,000$1,862
2020$167,400$1,619
2019$157,100$1,498
2018$145,200$2,784
2017$137,000$2,761

History based on county public records data.

Nearby schools

3

Harrison Hill Elementary School

Public District 1-6

0.6 mi

7510 E 53rd St

3

Brook Park Elementary School

Public District 1-6

1.2 mi

5259 David St

6

Circle City Preparatory Charter School

Public Charter KG-4

1.4 mi

4002 N Franklin Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,878. Most Indianapolis, IN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

40%
<35k
47%
35k-100k
11%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
11%
Single, with Kids
17%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Figure SkatingFigure Skating
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Family DollarFamily Dollar
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Church's ChickenChurch's Chicken
  • SonicSonic

What do the neighbors drive?

  • PontiacPontiac
  • CadillacCadillac
  • InfinitiInfiniti

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5348 Pelham Way

The listing price of 5348 Pelham Way property is $245,000.

The property 5348 Pelham Way is a house located in Indianapolis, Indiana, 46216.

Active Listing: 5348 Pelham Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5348 Pelham Way are: Harrison Hill Elementary School (GreatSchools Rating 3/10), Brook Park Elementary School (GreatSchools Rating 3/10), Circle City Preparatory Charter School (GreatSchools Rating 6/10), Belzer Middle School (GreatSchools Rating 3/10), Phalen Leadership Academy - in Inc (GreatSchools Rating 4/10), James & Rosemary Phalen Leadership (GreatSchools Rating 2/10), Lawrence Central High School (GreatSchools Rating 3/10), Geo Next Generation Academy (GreatSchools Rating 2/10), Phalen Virtual Leadership Academy (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $2,391 (source: MLS/based on county public records data).

The last sale was on May 13, 2022 for $120,000 (source: MLS/tax record).

The property at 5348 Pelham Way has 2 bedrooms and 2 bathrooms.

The property 5348 Pelham Way is 2,286 SqFt (source: MLS/tax record).

The year of construction for 5348 Pelham Way is 2001.

This home is located at 5348 Pelham Way in Indianapolis, IN and zip code 46216 in the Benjamin Square neighborhood. This 2,286 square foot home, which was built in 2001, sits on a 0.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $245,000.

In April 2025 more than 246 listings in Indianapolis, IN were sold above the asking price. During the same period more than 253 listings were sold at asking price, while more than 546 were sold below. The number of listings in Indianapolis, IN increased by 4.9% between March and April 2025. The median list price of listings available in April 2025 was $250,031, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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