#22047580, Rochelle Perkins, Listing office: Garnet Group
$269,900 List price
5504 Grassy Bank Dr Indianapolis, IN 46237
3 beds
2 full, 1 partial
2,034 sqft
0.1 acres
$133 / sqft
House
Property details
About 5504 Grassy Bank Dr
Look no further!! This Beautiful Home in Franklin Township is the one you've been waiting for. Nestled in Water's Edge Subdivision this home has plenty of room to spread out. The lower level offers a nicely updated Kitchen with SS Appliances, Huge Living Room with Movie Projector, Perfect Workspace in the Office, and a Half Bath. Upstairs enjoy a second living space in the Oversized Loft, Huge Primary Suite, 2 Large Spare Bedrooms, and Laundry Room. Outside relax on the deck in the fully fenced backyard. Take a stroll in Edgewood Park, a nearby Wildlife Refuge, or enjoy a day at Water's Edge Playground. Great location close to shopping and restaurants. Don't let this one get away!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,034 sqft
Lot size0.15 Acres
Year built2003
MLS #22047641
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Softener
- Basement: No
- Interior: Attic Access, High Ceilings, Eat-in Kitchen, Pantry, Walk-In Closet(s)
- Total Bedroom Count: 3
- Architectural Style: Traditional
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $269,900
- Price/SqFt: $132
- HOA Amount: $145 Semi-Annually
- Annual Tax Amount: $2,074
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 2003
- Living Area: 2,034 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 22047641
- MLS Name: MIBOR
- Office Name: RE/MAX Real Estate Prof
- Listing Agent: Jillian Tran
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 8:31:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 01, 2004 | Home Sold | $129,693 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $207,500 | $2,074 |
| 2022 | $212,000 | $2,120 |
| 2021 | $172,400 | $1,630 |
| 2020 | $163,100 | $1,616 |
| 2019 | $153,600 | $1,426 |
| 2018 | $134,800 | $1,387 |
| 2017 | $131,100 | $1,307 |
History based on county public records data.
Nearby schools
4
Thompson Crossing Elementary School
Public District KG-3
0.8 mi
•7525 E Thompson Rd
5
Edgewood Intermediate School
Public District 4-6
0.8 mi
•7620 E Edgewood Ave
4
Arlington Elementary School
Public District KG-3
1.1 mi
•5814 S Arlington Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $81,448. Typical income of Indianapolis, IN residents is between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
12%
<35k
53%
35k-100k
30%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
21%
Single, No Kids
12%
Single, with Kids
27%
Married, No Kids
40%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
41%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Minor League Baseball Games
Symphony or Opera
Where do the neighbors shop?
New York & Company
Chico's
IKEA
Where do the neighbors go to eat?
Qdoba
Chick-fil-A
Boston Market
What do the neighbors drive?
Infiniti
Kia
Volvo
What do the neighbors listen to?
Active Rock
Talk/Personality
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5504 Grassy Bank Dr
The listing price of 5504 Grassy Bank Dr property is $269,900.
The property 5504 Grassy Bank Dr is a house located in Indianapolis, Indiana, 46237.
Active Listing: 5504 Grassy Bank Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5504 Grassy Bank Dr are: Thompson Crossing Elementary School (GreatSchools Rating 4/10), Edgewood Intermediate School (GreatSchools Rating 5/10), Arlington Elementary School (GreatSchools Rating 4/10), Lillie Idella Kitley Intermediate School (GreatSchools Rating 6/10), Franklin Central Junior High School (GreatSchools Rating 6/10), Beech Grove Middle School (GreatSchools Rating 7/10), Franklin Central High School (GreatSchools Rating 7/10), Beech Grove High School (GreatSchools Rating 2/10), Victory College Preparatory Academy (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,074 (source: MLS/based on county public records data).
The last sale was on March 1, 2004 for $129,693 (source: MLS/tax record).
The property at 5504 Grassy Bank Dr has 3 bedrooms and 2 full and 1 half bathrooms.
The property 5504 Grassy Bank Dr is 2,034 SqFt (source: MLS/tax record).
The year of construction for 5504 Grassy Bank Dr is 2003.
This home is located at 5504 Grassy Bank Dr in Indianapolis, IN and zip code 46237 in the Waters Edge neighborhood. This 2,034 square foot home, which was built in 2003, sits on a 0.15 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $269,900.
In June 2025, from all listings sold in Indianapolis, IN there were more than 266 sold above asking price, over 527 sold below and more than 276 were sold right at the asked price. The inventory of homes for sale in Indianapolis, IN between May and June 2025 decreased by 0.2%. In June 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $251,183.
From Rocket Homes Real Estate and based on county public records data.