Seller's Agent in 2025
Carrie Vavul
Carpenter, REALTORS®
(317) 294-9421
1 in this area
112 Total Sales
5538 Milhouse Rd Indianapolis, IN 46221
Valley Mills Neighborhood
3
Beds
2.5
Baths
1,762
Sq Ft
0.44
Acres
Highlights
- Mature Trees
- Traditional Architecture
- 2 Car Attached Garage
- Deck
- No HOA
- Fireplace in Basement
About This Home
As of November 2025Welcome to this well-maintained 3-bedroom, 2.5-bath bi-level home offering plenty of space inside and out. Enjoy peace of mind with key updates already done for you, including a new water heater and newer HVAC system. The main level features a bright living area, comfortable bedrooms, and a large sunroom overlooking the LARGE backyard. The lower level adds a versatile family room or home office space plus a convenient half bath. Step outside to a fully fenced backyard, perfect for pets, play, and outdoor entertaining. A nice mini barn provides handy storage for tools, lawn equipment, or hobbies. RV owners will love the dedicated parking pad with electrical hookup, ideal for keeping your rig ready for your next adventure. Located with easy access to I-465, you'll have a quick commute to downtown and be close to everything Indianapolis has to offer-shopping, dining, and entertainment all within minutes. With modern mechanical updates and room to spread out, this home is move-in ready and waiting for its next chapter. Don't miss it!
Last Agent to Sell the Property
Carpenter, REALTORS® License #RB14043173 Listed on: 09/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,820
Year Built
- Built in 1979
Lot Details
- 0.44 Acre Lot
- Mature Trees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Paddle Fans
- Combination Kitchen and Dining Room
- Utility Room
- Attic Access Panel
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Fireplace in Basement
- Basement Window Egress
Outdoor Features
- Deck
- Outdoor Storage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Old Mill Park Subdivision
Listing and Financial Details
- Tax Lot 131
- Assessor Parcel Number 491301117026000200
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2025
Closed on
Nov 14, 2025
Sold by
Eaton James A and Eaton Tresty L
Bought by
Johnson Michael A
Seller's Agent
Carrie Vavul
Carpenter, REALTORS®
Buyer's Agent
Kevin Burgess
Values Driven Realty, Inc.
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
77
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.57%
Original Mortgage
$76,312
Outstanding Balance
$76,312
Interest Rate
6.3%
Mortgage Type
FHA
Estimated Equity
$190,120
Purchase Details
Listed on
Apr 12, 2018
Closed on
May 24, 2018
Sold by
Mcbride Grant Lewis
Bought by
Eaton James A and Eaton Tresty L
Seller's Agent
Robert VanHook
Premier Agent Network
Buyer's Agent
Carrie Vavul
Carpenter, REALTORS®
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| Deed | $150,000 | -- | |
| Warranty Deed | -- | Ata National Title Group Of |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,312 | FHA | |
| Previous Owner | $120,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Sold | $250,000 | -5.7% | $142 / Sq Ft | |
| 10/12/2025 10/12/25 | Pending | -- | -- | -- | |
| 09/17/2025 09/17/25 | For Sale | $265,000 | +76.7% | $150 / Sq Ft | |
| 05/24/2018 05/24/18 | Sold | $150,000 | -3.2% | $86 / Sq Ft | View Prior Sale |
| 04/14/2018 04/14/18 | Pending | -- | -- | -- | |
| 04/12/2018 04/12/18 | For Sale | $155,000 | -- | $89 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,465 | $241,000 | $17,900 | $223,100 |
| 2023 | $2,465 | $210,800 | $17,900 | $192,900 |
| 2022 | $2,301 | $195,100 | $17,900 | $177,200 |
| 2021 | $1,904 | $157,000 | $17,900 | $139,100 |
| 2020 | $1,673 | $148,500 | $17,900 | $130,600 |
| 2019 | $1,679 | $138,600 | $17,900 | $120,700 |
| 2018 | $1,539 | $128,900 | $17,900 | $111,000 |
| 2017 | $1,451 | $121,300 | $17,900 | $103,400 |
| 2016 | $1,480 | $124,200 | $17,900 | $106,300 |
| 2014 | $1,158 | $106,000 | $17,900 | $88,100 |
| 2013 | $1,086 | $100,200 | $17,900 | $82,300 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie Vavul
-
Kevin Burgess
Buyer's Agent in 2025
Kevin Burgess
Values Driven Realty, Inc.
(317) 588-3137
1 in this area
34 Total Sales
-
Robert VanHook
Seller's Agent in 2018
Robert VanHook
Premier Agent Network
(317) 507-9320
1 in this area
110 Total Sales
-
J
Seller Co-Listing Agent in 2018
Jamie Troche
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22063123
APN: 49-13-01-117-026.000-200
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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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