5207 Palisade Way Indianapolis, IN 46237
South Emerson NeighborhoodEstimated payment $1,218/month
Highlights
- Vaulted Ceiling
- Ranch Style House
- 1 Car Attached Garage
- Franklin Central High School Rated A-
- No HOA
- Eat-In Kitchen
About This Home
Nestled at 5207 Palisade WAY, INDIANAPOLIS, IN, this single-family residence in Marion County presents an inviting home, ready for you to move in and start creating memories. The heart of this home is undoubtedly the living room, where the eye is drawn to the architectural details of a beamed and vaulted ceiling that creates an expansive and airy atmosphere, perfect for both relaxing evenings and lively gatherings. Culinary adventures await in the thoughtfully designed kitchen, featuring shaker cabinets that provide ample storage and stylish stone countertops that offer a beautiful and durable workspace for meal preparation. The outdoor living space extends the enjoyment of this property, with a fenced backyard that provides privacy and security, complemented by a practical shed for storage, and a patio that invites you to unwind and enjoy the fresh air. This ranch-style home, offering 1064 square feet of living area on a generous lot, comfortable living in a desirable setting.
Listing Agent
Keller Williams Indy Metro S Brokerage Email: debbiefortman@kw.com License #RB19002235 Listed on: 12/20/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,524
Year Built
- Built in 1981
Lot Details
- 7,560 Sq Ft Lot
Parking
- 1 Car Attached Garage
Home Design
- Ranch Style House
- Slab Foundation
- Wood Siding
Interior Spaces
- 1,064 Sq Ft Home
- Woodwork
- Vaulted Ceiling
- Paddle Fans
- Combination Kitchen and Dining Room
- Attic Access Panel
- Dryer
Kitchen
- Eat-In Kitchen
- Electric Cooktop
- Built-In Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Franklin Central Junior High
- Franklin Central High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
- Arlington Acres Subdivision
Listing and Financial Details
- Tax Lot 228
- Assessor Parcel Number 491503127015000300
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,357 | $152,300 | $20,400 | $131,900 |
| 2023 | $1,357 | $135,700 | $20,400 | $115,300 |
| 2022 | $1,363 | $124,500 | $20,400 | $104,100 |
| 2021 | $1,271 | $118,500 | $20,400 | $98,100 |
| 2020 | $1,125 | $105,400 | $20,400 | $85,000 |
| 2019 | $1,047 | $99,300 | $13,600 | $85,700 |
| 2018 | $842 | $89,300 | $13,600 | $75,700 |
| 2017 | $796 | $86,000 | $13,600 | $72,400 |
| 2016 | $706 | $74,500 | $13,600 | $60,900 |
| 2014 | $1,286 | $64,100 | $13,600 | $50,500 |
| 2013 | $1,286 | $64,100 | $13,600 | $50,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/29/2026 01/29/26 | For Sale | $210,000 | 0.0% | $197 / Sq Ft | |
| 01/13/2026 01/13/26 | Pending | -- | -- | -- | |
| 12/20/2025 12/20/25 | For Sale | $210,000 | +57.9% | $197 / Sq Ft | |
| 04/27/2020 04/27/20 | Sold | $133,000 | +2.4% | $125 / Sq Ft | View Prior Sale |
| 03/27/2020 03/27/20 | Pending | -- | -- | -- | |
| 03/27/2020 03/27/20 | For Sale | $129,900 | 0.0% | $122 / Sq Ft | |
| 01/23/2020 01/23/20 | Pending | -- | -- | -- | |
| 01/22/2020 01/22/20 | For Sale | $129,900 | +36.7% | $122 / Sq Ft | |
| 04/05/2016 04/05/16 | Sold | $95,000 | 0.0% | $89 / Sq Ft | View Prior Sale |
| 02/11/2016 02/11/16 | Pending | -- | -- | -- | |
| 02/10/2016 02/10/16 | Off Market | $95,000 | -- | -- | |
| 01/28/2016 01/28/16 | For Sale | $99,900 | -- | $94 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $133,000 | Quality Title Insurance Inc | |
| Warranty Deed | -- | Prism Title & Closing Svcs | |
| Sheriffs Deed | $70,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $126,350 | New Conventional | |
| Previous Owner | $93,279 | FHA |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22077474
APN: 49-15-03-127-015.000-300
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the 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. Some IDX listings have been excluded from this website.
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