5240 Chisolm Trail Indianapolis, IN 46237
South Emerson NeighborhoodEstimated payment $1,314/month
Highlights
- Mature Trees
- Ranch Style House
- Covered Patio or Porch
- Franklin Central High School Rated A-
- No HOA
- 1 Car Attached Garage
About This Home
Don't miss this beautifully renovated 4 bedroom, 1.5 bath home that is ideal for those seeking a wonderful home and neighborhood,without HOA restrictions. This home includes new HVAC and Furnace with heat-pump. Enjoy exceptional comfort year-round with efficient heating and cooling throughout the home. The kitchen comes equipped with all new Whirlpool appliances, including a dishwasher, stove, and refrigerator, making meal preparation a pleasure. Four inviting bedrooms provide ample space for relaxation, work, or play, all designed to maximize comfort and functionality. The cleverly designed Jack and Jill bathroom offers accessibility between the master bedroom and the back bedroom, featuring modern fixtures and finishes that enhance both style and practicality. The open-plan living area is perfect for family gatherings and entertaining. The large backyard provides plenty of room for outdoor activities, gardening, or simply enjoying the fresh air, while sitting under the covered back patio. Situated in a prime location in Franklin Township School District and Roncalli School District.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,370
Year Built
- Built in 1981
Lot Details
- 7,800 Sq Ft Lot
- Mature Trees
Parking
- 1 Car Attached Garage
Home Design
- Ranch Style House
- Slab Foundation
- Stone
Interior Spaces
- 1,190 Sq Ft Home
- Combination Kitchen and Dining Room
- Laminate Flooring
- Attic Access Panel
- Washer and Dryer Hookup
Kitchen
- Electric Oven
- Electric Cooktop
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Schools
- Arlington Elementary School
- Franklin Central Junior High
- Edgewood Intermediate School
- Franklin Central High School
Additional Features
- Covered Patio or Porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Southern View Subdivision
Listing and Financial Details
- Legal Lot and Block 170 / 3
- Assessor Parcel Number 491503112014000300
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 | $1,185 | $136,900 | $21,500 | $115,400 |
| 2023 | $1,185 | $123,900 | $21,500 | $102,400 |
| 2022 | $1,325 | $123,900 | $21,500 | $102,400 |
| 2021 | $1,190 | $110,600 | $21,500 | $89,100 |
| 2020 | $1,194 | $111,200 | $21,500 | $89,700 |
| 2019 | $1,082 | $100,100 | $12,900 | $87,200 |
| 2018 | $858 | $85,600 | $12,900 | $72,700 |
| 2017 | $819 | $82,600 | $12,900 | $69,700 |
| 2016 | $836 | $81,100 | $12,900 | $68,200 |
| 2014 | $669 | $73,700 | $12,900 | $60,800 |
| 2013 | $754 | $71,200 | $12,900 | $58,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2025 11/08/25 | Price Changed | $229,900 | -2.1% | $193 / Sq Ft |
| 10/25/2025 10/25/25 | Price Changed | $234,900 | -2.1% | $197 / Sq Ft |
| 10/16/2025 10/16/25 | For Sale | $239,900 | -- | $202 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22068027
APN: 49-15-03-112-014.000-300
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