#22047323, Linda Freeman, Listing office: F.C. Tucker Company
$245,000 List price
5602 Rains Ln Indianapolis, IN 46254
3 beds
2 full
1,268 sqft
0.3 acres
$193 / sqft
House
Property details
About 5602 Rains Ln
Cute, 3-bedroom 2 bath ranch home on a corner lot located in the heart of Pike Township. Home features vaulted ceilings, a lovely brick hearth and wood burning fireplace, a split floor plan with the master bedroom and bathroom separate from the two additional bedrooms and full bath, and several updates that make this home truly inviting! Interior of the home has been nicely painted. Updates include: energy efficient Bee windows, newer flooring, new water heater (2022), Master bath remodeled in 2025 (New LVP flooring, new vanity, new mirror, new medicine cabinet, new fixtures and lighting), Kitchen received new counters, backsplash, garbage disposal, fixtures/lighting, updated to double oven, new fridge (2024) much more! Neighborhood amenities include a community pool, playgrounds, and tennis courts. Conveniently located to lots of dining and shopping, Eagle Creek Park, I65, and I465.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,268 sqft
Lot size0.25 Acres
Year built1992
MLS #22050674
FireplaceLiving Room, Wood Burning
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Microwave Hood, Electric Oven, Refrigerator, Gas Water Heater
- Basement: No
- Interior: Attic Access, Vaulted Ceiling(s), Eat-in Kitchen, Pantry
- Fireplace: Living Room, Wood Burning
- Total Bedroom Count: 3
- Exterior: Tennis Court(s)
- Architectural Style: Ranch
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $245,000
- Price/SqFt: $193
- HOA Amount: $300 Annually
- Annual Tax Amount: $3,426
- Tax Year: 2023
- Directions: GPS Friendly
- Year Built: 1992
- Living Area: 1,268 SqFt
- Lot Size: 0.25 Acres
- MLS Number: 22050674
- MLS Name: MIBOR
- Office Name: F.C. Tucker Company
- Listing Agent: Brian Wignall
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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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: 7/18/2025, 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
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $171,300 | $3,426 |
| 2022 | $174,300 | $3,486 |
| 2021 | $151,300 | $2,727 |
| 2020 | $136,300 | $2,683 |
| 2019 | $130,100 | $2,469 |
| 2018 | $119,500 | $2,415 |
| 2017 | $116,500 | $2,325 |
History based on county public records data.
Nearby schools
2
Snacks Crossing Elementary School
Public District KG-5
0.9 mi
•5455 W 56th St
4
Central Elementary School
Public District KG-5
1.1 mi
•7001 Zionsville Rd
5
Deer Run Elementary School
Public District KG-5
1.1 mi
•5401 N High School 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 $63,389. Most Indianapolis, IN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
13%
<35k
71%
35k-100k
14%
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?
32%
Single, No Kids
14%
Single, with Kids
23%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
12%
12-17 yrs old
21%
18-34 yrs old
45%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Minor League Baseball Games
NBA/WNBA
Basketball
Where do the neighbors shop?
New York & Company
Ross Dress For Less
Stein Mart
Where do the neighbors go to eat?
Chick-fil-A
Qdoba
Jasons Deli
What do the neighbors drive?
Kia
Infiniti
Acura
What do the neighbors listen to?
Talk/Personality
Active Rock
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5602 Rains Ln
The listing price of 5602 Rains Ln property is $245,000.
The property 5602 Rains Ln is a house located in Indianapolis, Indiana, 46254.
Active Listing: 5602 Rains Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5602 Rains Ln are: Snacks Crossing Elementary School (GreatSchools Rating 2/10), Central Elementary School (GreatSchools Rating 4/10), Deer Run Elementary School (GreatSchools Rating 5/10), Lincoln Middle School (GreatSchools Rating 2/10), Guion Creek Middle School (GreatSchools Rating 3/10), New Augusta Public Academy - North (GreatSchools Rating 3/10), Pike High School (GreatSchools Rating 3/10), Indiana Connections Career Academy (GreatSchools Rating 4/10), Indiana Connections Academy (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $3,426 (source: MLS/based on county public records data).
The property at 5602 Rains Ln has 3 bedrooms and 2 bathrooms.
The property 5602 Rains Ln is 1,268 SqFt (source: MLS/tax record).
The year of construction for 5602 Rains Ln is 1992.
This home is located at 5602 Rains Ln in Indianapolis, IN and zip code 46254 in the Snacks / Guion Creek neighborhood. This 1,268 square foot home, which was built in 1992, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $245,000.
In June 2025 more than 266 listings in Indianapolis, IN were sold above the asking price. During the same period more than 276 listings were sold at asking price, while more than 527 were sold below. Between May and June 2025, Indianapolis, IN real estate market has seen decrease in the number of listings by 0.2%. While the average time on the market in June 2025 was 31 days, the median list price was $251,183.
From Rocket Homes Real Estate and based on county public records data.