5508 Winship Court

Indianapolis, IN
$ 199,000 Beds 3 Baths 1.5 Sq 1,134
Monthly Estimate* How much can I afford?

Welcome to this charming 3-bedroom, 1.5-bath brick ranch in the desirable Old Mill Park neighborhood of Decatur Township! Nestled among mature trees and offering a welcoming covered front porch, this move-in-ready home combines classic charm with thoughtful updates. Inside, you'll find updated flooring and fresh paint throughout, creating a bright and inviting atmosphere. The functional layout offers comfortable living areas and three well-sized bedrooms making this home ideal for a variety of lifestyles. The spacious eat in kitchen is perfect for hosting gatherings and the one car attached garage is an amazing added bonus! Recent updates provide added peace of mind, including a new heat pump system installed in 2021, water heater replaced in 2020, and new stove and refrigerator installed in 2019. Enjoy the convenience of no HOA while taking advantage of the established neighborhood setting! With its brick exterior, welcoming front porch, updated interior, and numerous major improvements already completed, this home is truly move-in ready. Don't miss the opportunity to make this well-maintained ranch your own!

Active

  • Price
  • $ 199,000
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Decatur
  • Lot Size
  • 0.23 Acres
  • Zip
  • 46221
  • Sqr Footage
  • 1,134
  • Year Built
  • 1978
  • Taxes
  • $ 3606
  • Style
  • Ranch
  • MLS#
  • 22126802
Listed By: Carrie Clark with Keller Williams Indpls Metro N;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Electric
Cooling Central Air
Possession Closing
Appliances Electric Water Heater,Electric Oven,Refrigerator
Garage Spaces 1
Patio/Porch Features Covered,Patio
Architectural Style Ranch
Construction Materials Aluminum Siding,Brick,Wood Siding
Year Built 1978
Township Decatur
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Old Mill Park
Garage Y/N Yes
Total Rooms 5
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District MSD Decatur Township
MLS Area 4908 - Marion - Decatur
Lot Size Square Feet 10019
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Standard Status Active
Tax Lot 27
Legal Description Old Mill Park 5th Sec L27

Interior Features

Interior Amenities Attic Access,Eat-in Kitchen,Wood Work Painted
Basement (Y/N) No
Half Baths 1
Laundry Features Connections All
Total Bedrooms 3
Main Level Bedrooms 3
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Parking Features Attached
Lot Features Cul-De-Sac,Sidewalks,Mature Trees
Water Source Public
Foundation Details Slab
Building Area Total 1134
Lot Size Acres 0.23
Other Equipment Smoke Alarm
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/22/2026 Listed $199,000

Property vs Zip Code Average in 46221

Price
AVG $220K
$200K
Taxes
AVG $2,552
$3,606
Year Built
AVG 1961
1978

5508 Winship Court Indianapolis, IN is a Single Family Home for sale at $199000 with 1134 sqft and a lot size of 0.23 Acres Acre(s). 5508 Winship Court Indianapolis has 3 bedrooms, 1 baths and was built in 1978. The property's zip code is 46221 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.