Just Listed
Address
5342 Pelham, Indianapolis, IN
Price
$ 260,000
Property Attributes
  • MLS#22126798
  • TypeSingle Family
  • Listing Status Active
  • CountyMARION
  • CityIndianapolis
  • AreaLawrence
  • NeighborhoodBenjamin Square
  • Zip46216
  • StyleTraditional
  • Year Built2003
  • Taxes$ 2494
  • Price$ 260,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2316
  • Lot Size0.1 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description

Welcome home to 5342 Pelham Way, ideally located near the beautiful Fort Harrison State Park. Enjoy easy access to trails, green space, recreation, and all that this unique area has to offer, while still being close to everyday conveniences. Inside, you'll find two separate living spaces, including a finished basement that feels like its own apartment-complete with a second kitchen (added approximately two years ago), full bathroom, third bedroom and newer luxury vinyl plank flooring throughout. This area of the home offers you flexibility for guests, work, recreation, or whatever suits your needs. Recent updates bring real peace of mind, with the roof, AC, furnace, and water heater all replaced within the last 3-5 years. Outside, a new concrete walkway and updated landscaping-both completed in 2026-add fresh curb appeal to this move-in-ready home. Coffee shops, restaurants, pharmacies, the local library, YMCA, parks, and playgrounds are all nearby. Fun events like horseback riding, food trucks, and a local outdoor farmers market, add fun community traditions to the neighborhood. With a convenient location, plenty of flexible living space, and a long list of recent updates, 5342 Pelham Way is ready to welcome you home.

Price History
9/24/2026 Listed $260,000

General Features

Heating Forced Air
Cooling Central Air
Utilities Cable Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession Closing
Appliances Electric Cooktop,Dishwasher,Dryer,Disposal,Gas Water Heater,MicroHood,Microwave,Convection Oven,Electric Oven,Refrigerator,Washer,Water Softener Owned
HOA Fee 203
Garage Spaces 2
Association Fee Includes Entrance Common,Insurance,Management,Snow Removal
Patio/Porch Features Deck,Patio
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl With Brick
Year Built 2003
Electric 200+ Amp Service
View Trees/Woods
Township Lawrence
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Community Features Curbs,Park,Playground,Sidewalks,Other
Assoc Fee Paid Per Semi-Annually
County Marion
New Construction No
Property Type Residential
Association Amenities Insurance,Management,Snow Removal
HOA Yes
Subdivision Name Benjamin Square
Facing Direction East
Garage Y/N Yes
Total Rooms 8
Full Baths 3
Status Active
Directions GPS Friendly
City Indianapolis
High School District MSD Lawrence Township
MLS Area 4904 - Marion - Lawrence
Lot Size Square Feet 4400
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Property Condition Updated/Remodeled
Additional Parcels Y/N No
Standard Status Active
Tax Lot 145
Legal Description Benjamin Square Sec 2 L 145

Interior Features

Interior Amenities Attic Access,Bath Sinks Double Main,Cathedral Ceiling(s),Vaulted Ceiling(s),Entrance Foyer,Paddle Fan,In-Law Floorplan,Eat-in Kitchen,Pantry,Smart Thermostat,Walk-In Closet(s),WoodWorkStain/Painted
Basement Ceiling - 9+ feet,Daylight,Finished,Finished Ceiling,Finished Walls,Full,Interior Entry,Storage Space,Walk-Out Access
Total Fireplaces 1
Fireplace Features Gas Log
Basement (Y/N) Yes
Laundry Features Laundry Closet
Total Bedrooms 3
Below Grade Finished Area 1053
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 3

Exterior Features

Exterior Amenities Not Applicable
Parking Features Attached
Lot Features Curbs,Sidewalks,Storm Sewer,Street Lights,Suburb,Mature Trees,Wooded
Water Source Public
Foundation Details Concrete Perimeter,Slab
Spa No
Building Area Total 2316
Lot Size Acres 0.1
Waterfront Y/N No
Other Equipment Smoke Alarm,Sump Pump
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

Property vs Single Family Average in 46216

Price
AVG $300K
$260K
Taxes
AVG $2,885
$2,494
Year Built
AVG 2008
2003
Visits
AVG 16
1
Data Provided by Inside Real Estate®

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