Recently Sold — 5412 Margate Road, Indianapolis, IN 46221
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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.
$215,000
$225,000
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 doo...
1,200
Sq Ft
1963
Year Built
3
Bedrooms
1
Bathrooms
Key things to know
- Sold 8.9% below list in 90 days
- Fireplace
- Newlynn subdivision
Sold
$205,000
-$20,000 below list (-8.9%)
- Closed
- May 5, 2026
- Listed at
- $225,000
- Sold
- 1 week ago
- Sold in
- 90 days
Price history
- Sold$205,000
May 5, 2026
- Price reduced$21,500 → $215,000
Mar 26, 2026
- Listedat $225,000
Dec 26, 2025
Newlynn · activity
past 6 months
- Sold
- 2
- Median price
- $205,000
- Median DOM
- 90 days
Recent comparable sales
$246,000
5209 Longmeadow Court
3bd · 3ba · 1,540 sqft
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$240,000
4520 Superior Road
3bd · 2ba · 1,404 sqft
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$143,000
3401 6th Avenue E
3bd · 1ba · 1,073 sqft
Sold May 2026
$235,000
6839 Chauncey Drive
3bd · 2ba · 1,368 sqft
Sold May 2026
$190,000
5610 Northport Drive
3bd · 1ba · 1,457 sqft
Sold May 2026
Comparative value
5 comps in this range
This home is 13% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$225,000Listed· Dec 26, 2025
$215,000Reduced
↓ $10,000 (4.4% off original)
90 days on market
Layout
Schools
MSD Decatur Township
Neighborhood
- Downtown Indianapolis6.8 mi
- Zionsville Community HS17.9 mi
- Carmel Central Park18.8 mi
- Monon Trail (Carmel)19.1 mi
- Carmel High School19.7 mi
- Carmel Arts & Design District20.3 mi
PROPERTY DETAILS
Living Area
1,200 sq ft
Year Built
1963
Stories
One
Subdivision
Newlynn
Bedrooms
3
Bathrooms
1 full
Garage
2 spaces
School District
MSD Decatur Township