New - 4 days on Rocket
$2,672 Closing Credit¹
#22023689, Linda Freeman, Listing Office: F.C. Tucker Company
$225,000 List price
5515 Pelham Way Indianapolis, IN 46216
$2,672
Closing credit¹
2 beds
2 full
1,173 sqft
0.2 acres
$192 / sqft
House
Property details
About 5515 Pelham Way
Welcome home to this charming 2-bedroom, 2-bath ranch in Benjamin Square! Tucked away at the end of the road with added privacy from the fence, this home offers the perfect blend of comfort and convenience. Step inside to find beautiful bamboo floors throughout the main living area, brand-new carpet in the bedrooms, and fresh paint that makes everything feel bright and welcoming. With 9-foot ceilings, the space feels open and airy. The large primary bedroom features a walk-in closet and a private bath. The kitchen offers plenty of cabinet space, and all appliances stay. When you're ready to relax or entertain, head out to the spacious patio or the deck, where you can enjoy the backyard and unwind. This home is move-in ready with a newer roof and water heater (both replaced in 2019). Don't miss the chance to make this lovely home your own!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,173 sqft
Lot size0.21 Acres
Year built2001
MLS #22022057
Summary
- MLS Number: 22022057
- MLS Name: MIBOR
- Office Name: RE/MAX Advanced Realty
- Office Email: rene@indyhomepros.com
- Listing Agent: René Hauck
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 3:16:50 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
$225,000
5515 Pelham Way
$2,672
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $179,900 | $332 |
| 2022 | $167,900 | $494 |
| 2021 | $148,100 | $313 |
| 2020 | $143,800 | $64 |
| 2019 | $112,300 | $62 |
| 2018 | $103,500 | $60 |
| 2017 | $97,700 | $57 |
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
1.3 mi
•5259 David St
6
Circle City Preparatory Charter School
Public Charter KG-4
1.6 mi
•4002 N Franklin Rd
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 $42,878. Residents of Indianapolis, IN typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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/WNBA
Figure Skating
Major League Soccer (MLS)
Where do the neighbors shop?
Express/Express For Men
Family Dollar
Banana Republic
Where do the neighbors go to eat?
Starbucks
Church's Chicken
Sonic
What do the neighbors drive?
Pontiac
Cadillac
Infiniti
What do the neighbors listen to?
Urban Contemporary
Jazz
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
$2,090 Closing Credit¹
#22020594, Shun Li, Listing Office: United Real Estate Indpls
$1,958 Closing Credit¹
#22021085, Rachel Firestone, Listing Office: F.C. Tucker Company
$2,731 Closing Credit¹
#22018486, Michal Smith, Listing Office: Excellence In Realty, LLC
Frequently asked questions
About 5515 Pelham Way
This home is located at 5515 Pelham Way in Indianapolis, IN and zip code 46216 in the Benjamin Square neighborhood. This 1,173 square foot home, which was built in 2001, sits on a 0.21 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $225,000.
In February 2025, from all listings sold in Indianapolis, IN there were more than 85 sold above asking price, over 402 sold below and more than 159 were sold right at the asked price. In February 2025 in Indianapolis, IN there were 4.3% more homes for sale than in January. The median list price of listings available in February 2025 was $249,976, while the average time on the real estate market was 55 days.
From Rocket Homes Real Estate and based on county public records data.