5240 Palisade Way, Indianapolis, IN 46237

$221,499 Asking Price

3 beds
1 bath
1,320  sqft
Built in 1982

Welcome to this charming and meticulously updated 3-bedroom, 1-bathroom ranch, located in the highly sought-after Franklin Township. Situated on a spacious corner lot in Arlington Acres, this 1,320 sqft home offers a unique blend of modern updates and timeless appeal. One of the standout features of this property is the detached 24ft x 25ft two-car garage, perfect for recreation, storage, or your own personal workshop. The home itself boasts cathedral ceilings with skylights that flood the living spaces with natural light, creating an inviting and open atmosphere. Recent updates include gutters and siding installed approximately a year ago, ensuring the exterior is in pristine condition. You'll find newly remodeled bedrooms, new doors, and all new exterior lights, adding a contemporary touch throughout. The water heater was replaced within the last two years, offering added peace of mind. The roof is approximately 5 years old, providing long-term durability, and the home is move-in ready, making it easy for you to settle in and start enjoying your new space right away. Conveniently located just minutes from shopping, restaurants, and multiple major highways, this home offers easy access to all the amenities you need while providing a peaceful retreat.


Features & Amenities

Interior

General:
Attic Pull Down Stairs, Attic Access, Cathedral Ceiling(s), Eat-in Kitchen
Appliances:
None
Laundry:
Laundry Closet
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Family Room, Free Standing, Gas Log, Woodburning Fireplce, Fireplaces: 2

Exterior

Style:
Ranch
Other Structures:
Porch Open
Parking:
Detached

Construction

General:
One, Slab

Location

Originating MLS:
mibor
School District:
Franklin Township Com Sch Corp
County:
Marion

Lot

Zoning:
Arlington Acres North Phase 4 Sec 1 L 217, 491503133004000300
Fencing:
Fence Full Rear, Privacy

Utilities

Utilities:
Cable Connected
Water:
Municipal/City

Financial

Source:
mibor

This listing courtesy of:
Indianapolis Homes Realty Group, Ashley Sparks

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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