$215,000
PENDING $10K PRICE DROP

5412 Margate Rd Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated payment $1,291/month

Total Views 6,919
3 Beds
1 Bath
1,200 Sq Ft
$179 Price per Sq Ft

Highlights

  • Mature Trees
  • Ranch Style House
  • 2 Car Detached Garage
  • Deck
  • No HOA
  • Eat-In Kitchen

About This Home

Desirable brick ranch home on a big, double lot. Large 2-car detached garage with covered patio and a storage shed too. Hardwood floors, woodburning fireplace, and a new wood deck in front & side. New roof & gutters, only 3-years on the furnace and A/C, recent window replacement, new heavy storm doors front & rear. Nice quiet neighborhood.

Listing Agent

Jeneene West

Jeneene West Realty, LLC Brokerage Email: jwest@jwestrealty.com License #RB14038544 Listed on: 12/26/2025

Co-Listing Agent

Gregg West

Jeneene West Realty, LLC Brokerage Email: jwest@jwestrealty.com License #RB14034645

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,808

Year Built

  • Built in 1963

Lot Details

  • 14,000 Sq Ft Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • Woodwork
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Newlynn Subdivision

Listing and Financial Details

  • Tax Lot 43&44
  • Assessor Parcel Number 491236115050000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,808

Year Built

Built in 1963

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1963
  • Building Area Total: 1200
  • Co List Office Phone: 317-856-4719
  • Garage Y N: Yes
  • Lot Size Acres: 0.32
  • Subdivision Name: Newlynn
  • Transaction Type: Sale
  • Website: www.JWestRealty.com
  • Accessibility Features YN: No
  • Attribution Contact: jwest@jwestrealty.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, Dryer, Gas Water Heater, Oven, Range Hood, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Wood Work Stained, Eat-in Kitchen
  • Living Area: 1200
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1200
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Closet
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 14000
  • Parcel Number: 491236115050000200
  • Acres: 1/4-1/2 Acre

Tax Info

  • Tax Annual Amount: 1808
  • Tax Lot: 43&44
  • Semi Annual Property Tax Amt: 904
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2025 $1,807 $158,200 $28,800 $129,400
2024 $1,753 $161,200 $28,800 $132,400
2023 $1,753 $144,500 $28,800 $115,700
2022 $1,544 $124,400 $28,800 $95,600
2021 $1,117 $89,200 $14,400 $74,800
2020 $1,816 $79,000 $14,400 $64,600
2019 $1,925 $79,000 $14,400 $64,600
2018 $1,741 $72,000 $14,400 $57,600
2017 $1,992 $82,300 $14,400 $67,900
2016 $1,956 $81,000 $14,400 $66,600
2014 $1,910 $83,300 $14,400 $68,900
2013 $794 $83,300 $14,400 $68,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2026 04/14/26 Pending -- -- --
03/26/2026 03/26/26 Price Changed $215,000 -2.3% $179 / Sq Ft
02/24/2026 02/24/26 For Sale $220,000 0.0% $183 / Sq Ft
02/04/2026 02/04/26 Pending -- -- --
01/13/2026 01/13/26 Price Changed $220,000 +10.0% $183 / Sq Ft
01/12/2026 01/12/26 Price Changed $200,000 -11.1% $167 / Sq Ft
12/26/2025 12/26/25 For Sale $225,000 -- $188 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Deed -- Quality Title
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $74,224 None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $51,750 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22077701

MIBOR Broker Listing Cooperative®

APN: 49-12-36-115-050.000-200

Indiana Marion County Indianapolis 46221 Mars Hill

5412 Margate Rd, Indianapolis, IN

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.

MIBOR Broker Listing Cooperative® 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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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Jeneene West
Listing Agent
Jeneene West
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Jeneene West Realty, LLC
(317) 648-2840
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