$198,000
SOLD SEP 15, 2025

5411 Drum Rd Indianapolis, IN 46216

2 Beds
2 Baths
1,176 Sq Ft
4,400 Sq Ft Lot

Recently Sold

$168 Per Sq Ft

12% Below List Price

29 Days on Market

Highlights

  • Mature Trees
  • Corner Lot
  • Porch
  • Ranch Style House
  • High Ceiling
  • 2 Car Attached Garage

About This Home

As of September 2025

Welcome to this delightful 2-bedroom, 2-bath home located in the highly sought-after Benjamin Square neighborhood in Lawrence Township. Perfectly situated on a corner lot, this home combines comfort, style, and an unbeatable location, just minutes from Fort Harrison State Park, scenic trails, top-rated schools, shopping, dining, downtown Indianapolis, and with easy access to the interstate. Step inside to an inviting open-concept layout, perfect for both relaxing and entertaining. The house features a very open floor plan, making it feel more spacious than its actual square footage. The updated primary en-suite features a beautifully tiled walk-in shower, offering a modern touch and a spa-like feel. You'll also enjoy the peace of mind of a brand-new roof and the charm of this established neighborhood. Whether you're taking advantage of nearby outdoor adventures or enjoying the convenience of city amenities, this home offers the best of both worlds. Don't miss your chance to experience the location and lifestyle you've been looking for. This is an estate sale and as-is, the seller has never lived in the home. Added new roof 7/15/2025, HVAC, 2022.

Last Agent to Sell the Property

Corey Keele

Berkshire Hathaway Home License #RB20000181 Listed on: 07/16/2025

Berkshire Hathaway Home

Last Buyer's Agent

Ashley Baker

Berkshire Hathaway Home License #RB25000379

Berkshire Hathaway Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 2002

Lot Details

  • 4,400 Sq Ft Lot
  • Corner Lot
  • Mature Trees

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,176 Sq Ft Home
  • Woodwork
  • High Ceiling
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Harrison Hill Elementary School
  • Belzer Middle School
  • Lawrence Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Association fees include insurance, maintenance
  • Association Phone (317) 558-5352
  • Benjamin Square Subdivision
  • Property managed by Kirkpatrick
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 49-08-07-104-059.000-407
  • Assessor Parcel Number 490807104059000407
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 2002

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2002
  • Building Area Total: 1176
  • Garage Y N: Yes
  • Lot Size Acres: 0.1
  • On Market Date: 2025-07-16
  • Subdivision Name: Benjamin Square
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Disposal, Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, High Ceilings, Wood Work Painted, Hi-Speed Internet Availbl
  • Living Area: 1176
  • Other Equipment: Smoke Alarm
  • Spa Y N: No
  • Areas Interior: Laundry in Unit
  • Eating Area: Breakfast Room,Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1176
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Fencing: Full
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Jogging Path
  • Association Fee: 203
  • Association Fee Frequency: Semi-Annually
  • Association Phone: 317-558-5352
  • Association YN: Yes
  • Management Company Name: Kirkpatrick
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance

Schools

  • Middle Or Junior School: Belzer Middle School

Lot Info

  • Lot Features: Corner Lot, Curbs, Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 4400
  • Parcel Number: 490807104059000407
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1866
  • Tax Lot: 49-08-07-104-059.000-407
  • Semi Annual Property Tax Amt: 933
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • Elementary School: Harrison Hill Elementary School
  • High School: Lawrence Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2025
Closed on
Sep 15, 2025
Sold by
Tipper Sue
Bought by
Matusha Fowlkes
Seller's Agent
Corey Keele
Berkshire Hathaway Home
Buyer's Agent
Ashley Baker
Berkshire Hathaway Home
List Price
$225,000
Sold Price
$198,000
Premium/Discount to List
-$27,000
-12%
Views
79
Current Estimated Value
$201,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,362
Avg. Annual Appreciation
5.58%
Original Mortgage
$194,413
Outstanding Balance
$194,242
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$7,120

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jul 30, 2015
Sold by
Thiel Robert A and Thiel Carol J
Bought by
Tipper Sue
Seller's Agent
Dave Goff
Buyer's Agent
De Redman
Redman Group Real Estate
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- Meridian Title
Warranty Deed -- Attorneys Title Agency Of In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $194,413 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Sold $198,000 -1.0% $168 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
08/08/2025 08/08/25 Price Changed $199,900 -9.1% $170 / Sq Ft
08/03/2025 08/03/25 Price Changed $219,900 -2.3% $187 / Sq Ft
07/16/2025 07/16/25 For Sale $225,000 +95.7% $191 / Sq Ft
07/30/2015 07/30/15 Sold $115,000 -4.1% $98 / Sq Ft View Prior Sale
07/10/2015 07/10/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $119,900 -- $102 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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 $1,913 $172,700 $27,000 $145,700
2023 $1,913 $172,700 $27,000 $145,700
2022 $1,843 $160,500 $27,000 $133,500
2021 $1,626 $143,200 $27,000 $116,200
2020 $1,512 $132,200 $21,000 $111,200
2019 $1,292 $124,300 $21,000 $103,300
2018 $1,200 $115,300 $21,000 $94,300
2017 $1,126 $108,900 $21,000 $87,900
2016 $1,106 $108,100 $21,000 $87,100
2014 $846 $102,600 $21,000 $81,600
2013 $1,087 $115,900 $21,000 $94,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22049542

MIBOR Broker Listing Cooperative®

APN: 49-08-07-104-059.000-407