5348 Pelham Way, Indianapolis, IN 46216
PENDING as of 5/11/2025 -
$245,000
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Home Description
Welcome to this beautifully maintained, detached home in the desirable Benjamin Square neighborhood! This 2-bedroom, 2-bath gem offers comfort, convenience, and flexibility with a full basement set up as a separate apartment-complete with its own kitchen and bathroom, perfect for guests, in-laws, or rental income. Step inside to find newer luxury vinyl plank (LVP) flooring throughout the main level, adding style and durability. The home has been thoughtfully updated, featuring a new A/C system (2022), a new roof (2018), some updated lighting, and newer appliances in the main kitchen. Enjoy outdoor living in the fully fenced backyard with a spacious deck-ideal for entertaining or relaxing. Located just minutes from parks, dining, and shopping, with easy access to I-465 and downtown Indianapolis, this home blends suburban comfort with urban convenience. Don't miss your chance to own this versatile and move-in-ready home in a great location!
- Property Type: Single Family
- Style: TraditonalAmerican
- Basement: Exterior Entry,Partially Finished,Storage Space
- Garage Spaces: 2
- Acres: <1/4 Acre
- Lot Description: On Trail,Sidewalks,Storm Sewer,Street Lights
- Siding: Brick,Vinyl With Brick
- Fencing: Fence Full Rear,Privacy
Approximate Room Sizes / Descriptions
Living Room | 20x16 | Main | |
Great Room | 24X15 | Main | |
Breakfast Room | 12X08 | Main | |
Kitchen | 12X08 | Main | |
Primary Bedroom | 14X14 | Main | |
Bedroom 2 | 11X11 | Main | |
- Interior Description: Bath Sinks Double Main,Cathedral Ceiling(s),Hi-Speed Internet Availbl,Vaulted Ceiling(s),Walk-in Closet(s),Windows Thermal,Windows Vinyl
- Full Baths: 2
- Num Fireplaces: 1
- Fireplace Description: Gas Log,Great Room,Living Room
- Primary Bedroom Description: Closet Walk in
- Appliances: Dishwasher,Disposal,Dryer,Gas Water Heater,MicroHood,Microwave,Refrigerator,Washer
- Eating Area: Dining Combo/Great Room
- Equipment: Smoke Alarm,Sump Pump
- Heating: Forced Air,Natural Gas
- Utilities: Cable Connected
- : heather@heatherhemphillrealty.com
Neighborhood
The average asking price of a 2 bedroom Indianapolis home in this zip code is
$235,000 (4.1% less than this home).
This home is priced at $107/sqft,
which is 35.0% less than similar homes
in the 46216 zip code.
Potential Great Value
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School Information
- School District:MSD Lawrence Township
Financial
- Approx Payment:$1,217*
- Semi Annual Taxes:$1,123
Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(317) 469-6009 and speak with one of our real estate consultants.
Popular Homes
$477,313
$389,900
23
0.0%
34.8%
45
$358,744
$349,000
18
0.0%
50.0%
132
$342,593
$242,050
30
0.0%
70.0%
287
$366,344
$352,450
36
0.0%
58.3%
58
$263,207
$214,900
87
0.0%
50.6%
74
$616,828
$549,450
46
0.0%
47.8%
45
Listing Courtesy of Key Realty Indiana.
5348 Pelham Way, Indianapolis IN is a single family home of 2286 sqft and
is currently priced at $245,000
.
This single family home has 2 bedrooms.
A comparable home for sale at 5503 Wilder Way in Indianapolis is listed at $225,000.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Indianapolis, IN.
Pasadena Heights and Residences At Lawrence Village are nearby neighborhoods.
MLS 22037022 has been posted on this site since 5/7/2025 (today).
2025