$228,000 - $234,000
RENTED OCT 6, 2025

5653 Valhalla Way Indianapolis, IN 46235

3 Beds
2.5 Baths
1,480 Sq Ft
$156 Price per Sq Ft

Last Sold June 01, 2015

Last sale price $99,900 $68 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,544/month

Highlights

  • Updated Kitchen
  • No HOA
  • 2 Car Attached Garage
  • Waterfront
  • Breakfast Room
  • Woodwork

About This Home

As of October 2025

Elevate your lifestyle at 5653 Valhalla Way, a charming sanctuary in the heart of Indianapolis. This delightful 3-bedroom, 2-bathroom home offers a harmonious blend of comfort and convenience within its spacious 1480 sq ft layout. Step inside to discover a warm and welcoming atmosphere, perfect for creating lasting memories. The open floor plan seamlessly connects living spaces, ideal for both relaxing evenings and entertaining guests. Each bedroom is thoughtfully designed to provide a restful retreat, ensuring peace and tranquility after a busy day. The full bathrooms boast modern fixtures, catering to both style and functionality. Nestled in a vibrant community, this property offers the perfect balance of suburban serenity and city accessibility. Imagine sipping your morning coffee while enjoying the serene surroundings of your new home. With its prime location, you're never far from the excitement and amenities that Indianapolis has to offer. Make this house your home and experience the delightful lifestyle that awaits at 5653 Valhalla Way. All of our residents are enrolled in the Resident Benefits Package (RBP) for $36.95/month which includes credit building to help boost the resident's credit score with timely rent payments, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application Deposit varies based on screening results. Rent Guarantee policy from theGuarantors required.

Last Agent to Rent the Property

Mark Jones

PMI Midwest License #RB14036355 Listed on: 07/29/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 5,227 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Paddle Fans
  • Entrance Foyer
  • Breakfast Room
  • Water Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Links At Winding Ridge Subdivision
  • Property managed by PMI Midwest

Listing and Financial Details

  • Property Available on 8/21/25
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $65 Application Fee
  • Tax Lot 490803106019000407
  • Assessor Parcel Number 490803106019000407

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-08-21
  • Lease Amount: 1749
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 0
  • Application Fee: 65
  • Application Website: https://www.indianapolispropertymanagementinc.com/indianapolis-homes-for-rent/2312/5653-valhalla-way-indianapolis-in-46235-6027

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2001
  • Building Area Total: 1480
  • Garage Y N: Yes
  • Lot Size Acres: 0.12
  • Subdivision Name: Links At Winding Ridge
  • Transaction Type: Lease
  • Website: https://www.indianapolispropertymanagementinc.com/indianapolis-homes-for-rent/2312/5653-valhalla-way-indianapolis-in-46235-6027
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Walk-In Closet(s), Wood Work Painted, Paddle Fan, Entrance Foyer, Pantry
  • Living Area: 1480
  • Other Equipment: Smoke Alarm
  • Owner Pays: No Utilities
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Main Level Sq Ft: 650
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 830

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Full, Privacy
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Covered
  • Waterfront Features: Water View
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Parking Other: Keyless Entry

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: No
  • Property Management Company: PMI Midwest
  • Property Management Company Phone: 317-546-3482

Lot Info

  • Lot Features: Street Lights
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5227
  • Parcel Number: 490803106019000407
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 4414
  • Tax Lot: 490803106019000407
  • Semi Annual Property Tax Amt: 2207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Kelly Aaron W
Current Estimated Value
$230,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Outstanding Balance
$45,894
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$184,380

Purchase Details

Closed on
Mar 17, 2010
Sold by
U S Bank N A
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 23, 2008
Sold by
Harrtis Brent M
Bought by
Cuellar Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,377
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2005
Sold by
Jackson Alphonso and Secretary Of Hud
Bought by
Federal Housing Commissioner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kelly Aaron W -- None Available
Secretary Of Housing & Urban Development -- None Available
U S Bank N A $112,487 None Available
Cuellar Eric J -- Title Express Inc
Federal Housing Commissioner -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Aaron W $70,000
Previous Owner Cuellar Eric J $103,377
Previous Owner Federal Housing Commissioner $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2025 10/06/25 Rented $1,749 0.0% --
09/15/2025 09/15/25 Under Contract -- -- --
07/29/2025 07/29/25 For Rent $1,749 0.0% --
06/01/2015 06/01/15 Sold $99,900 0.0% $68 / Sq Ft View Prior Sale
04/07/2015 04/07/15 For Sale $99,900 -- $68 / 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 $4,057 $202,700 $28,300 $174,400
2023 $4,057 $184,900 $28,300 $156,600
2022 $3,986 $180,000 $28,300 $151,700
2021 $3,487 $155,300 $28,300 $127,000
2020 $3,231 $142,400 $15,000 $127,400
2019 $2,584 $127,600 $15,000 $112,600
2018 $2,299 $113,400 $15,000 $98,400
2017 $2,060 $101,500 $15,000 $86,500
2016 $2,019 $99,500 $15,000 $84,500
2014 $632 $89,200 $15,000 $74,200
2013 $758 $96,300 $15,000 $81,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22053572

MIBOR Broker Listing Cooperative®

APN: 49-08-03-106-019.000-407