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5541 Fair Ridge Pl

Indianapolis IN 46221

3
2
2
1265 sq. ft.
6752 sq. ft.
Single-Family
Last sold for $240,000
Jenny LaughnerJenny Laughner, last sold this property on 02 June 2025 after 30 days on market.

Overview

Charming 3-bedroom, 2-bath ranch located in Decatur Ridge. This well-maintained home features a covered front porch that's perfect for morning coffee or relaxing evenings. Step inside to a spacious great room with cathedral ceilings and a cozy woodburning fireplace. Large windows throughout the home let in plenty of natural light, creating a bright and welcoming atmosphere. The kitchen flows nicely into the living space, making entertaining a breeze, and the primary bedroom includes a full bath and walk-in closet for added comfort and convenience. Outside, the backyard is ready for cozy evenings around the fire pit. The neighborhood playground is just a short walk away. This all-electric home is move-in ready and filled with thoughtful touches that make daily living easy and enjoyable. Conveniently located near grocery shopping, dining, and offering quick access to the interstate. Updates include a new roof (2020), new vinyl flooring (2025), freshly painted kitchen (2025), new baseboards installed (2025), and a new AC unit and furnace added in (2022). This ranch is ready to offer you a comfortable and welcoming place to call home!

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1265 sq. ft. floor area
6752 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 5541 Fair Ridge Pl is $229.5k.

Median value
$229.5k
Estimated value range
$20k - $369.9k
Median days on market
15
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 5541 Fair Ridge Pl

2025
Sold
$240,000
02 Jun 2025 by Jenny Laughner, of Century 21 Scheetz
2018
Sold
$135,000
30 Apr 2018 by Rhoda Brown, of F.C. Tucker Company
2014
Sold
$98,900
29 Sep 2014 by Evan Bell, of Highgarden Real Estate

Happy sellers in Indianapolis

87%
87% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction 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, 191 three-bedroom single-family properties similar to 5541 Fair Ridge Pl, have been sold.

This represents a 11% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indianapolis

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Jessica Leatherman

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

  •   5   (2 reviews)
  •  1 Review in Indianapolis
  •  1 Sale in Indianapolis
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Rene Hauck

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

  •   5   (42 reviews)
  •  1 Review in Indianapolis
  •  1 Sale in Indianapolis
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Laura O'Connor

Laura O'Connor is a recommended agent for Indianapolis.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.8   (4 reviews)
  •  1 Review in Indianapolis
  •  1 Sale in Indianapolis
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Denise Drain

Denise Drain is a recommended agent for Indianapolis.  They have collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Indianapolis
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