5501 Pelham Way

Lawrence IN 46216

1173 sq. ft.

4356 sq. ft.

Single-Family

Last sold for $230,000

Leslie Ramsey, last sold this property on 15 May 2026 after 30 days on market.

Overview

This 2bed / 2bath Ranch style brick home in Benjamin Square is waiting for you!! This home offers many updates including Beautiful dark green cabinetry, butcher block counter tops, stainless steel appliances (new dishwasher) and cozy banquette style seating with lots of natural sunlight! New Ceramic Tile flooring too. The open Family room/ Dining room offers a great space for entertaining or just cozying up in front of the gas fireplace! The Primary bedroom is very spacious with walk in closet and in suite bath! The second bedroom and full bath are situated privately on the other side of the house! You will have plenty of storage space in Laundry room, lots of extra shelving has been added! Outside you'll find your perfect deck with a pergola and a fully fenced yard for entertaining, cookouts, and just relaxing! This beautiful home will not last long!

Features

2 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1173 sq. ft. floor area

4356 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Lawrence over the last 12 months, the estimated median property value of 5501 Pelham Way is $227.5k.

Median value

$227.5k

Estimated value range

$190.7k - $250k

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Lawrence. 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 5501 Pelham Way

2026

Sold

$230,000

15 May 2026 by Leslie Ramsey, of Century 21 Scheetz

2019

Sold

$122,500

06 Sep 2019 by Kyle Williams, of Century 21 Scheetz

2016

Sold

$102,150

15 Apr 2016 by Kelly Johnson, of RE/MAX Legends Group

Happy sellers in Lawrence

We have insufficient information to provide an overview of customer satisfaction for Lawrence. Viewing the agent profiles, reviews and sales for Lawrence can provide insights for this location.