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Back 5218 Palisade Way
Off Market

5218 Palisade Way

Indianapolis IN 46237

3
2
1
1064 sq. ft.
24914 sq. ft.
Single-Family
Last sold for $202,000
Emily BrewerEmily Brewer, last sold this property on 08 December 2025 after 83 days on market.

Overview

Charming 3-bedroom ranch with fresh paint throughout, featuring a fully fenced yard, large deck, and mini barn. The roof is just 2 years old. Situated on a pond, the property line extends across the water, giving you shared ownership of the lake with neighboring homes-perfect for swimming, fishing, or even adding your own boat dock. Located in the desirable Franklin Township school district.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
1064 sq. ft. floor area
24914 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 5218 Palisade Way is $261.82k.

Median value
$261.82k
Estimated value range
$85k - $559k
Median days on market
25
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5218 Palisade Way

2025
Sold
$202,000
08 Dec 2025 by Emily Brewer, of Redfin Corporation

Happy sellers in Indianapolis

<50%
Less than 50% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Indianapolis

In the last 12 months, 315 three-bedroom single-family properties similar to 5218 Palisade Way, have been sold.

This represents a 12% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

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Zach Purdy

Sellers who recommend Zach Purdy have praised them for being clear communication, local expert, and responsive

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Janis Bradley

Janis Bradley is an award winning recommended agent for Indianapolis.  They have 1 local sale and collected 1 local review across the last 12 months.

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Charlene Brown

Charlene Brown is a recommended agent for Indianapolis.  They have 1 local sale and collected 1 local review across the last 12 months.

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Barry Delk

Barry Delk is a recommended agent for Indianapolis.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (9 reviews)
  •  1 Review in Indianapolis
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