5342 Pelham Indianapolis, IN $ 260,000
5342 Pelham
$ 260,000
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5342 Pelham

Indianapolis, IN, 46216
$ 260,000
Bedrooms3 Baths3.0 Sq 2,316

Monthly Estimate*

$ 1,796

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Single Family Home for sale in Indianapolis, IN

for $260,000 with 3 bedrooms and 3 full baths. This 2,316 square foot home was built in 2003 on a lot size of 0.1.

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.

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Single Family Pending

Price

$ 260,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 2,494

Style

Traditional

Lot Size

0.1

Year Built

2003

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22126798

Features
Interior
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) Y
Half Baths 0
Laundry Features Laundry Closet
Total Bedrooms 3
Below Grade Finished Area 1053
Main Level Bedrooms 2
Total Baths 3
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General
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 N
Property Type Residential
Association Amenities Insurance Management Snow Removal
HOA Y
Subdivision Name Benjamin Square
Facing Direction East
Garage Y/N Y
Total Rooms 8
Full Baths 3
Status Pending
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 N
Current Financing Conventional FHA VA
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Standard Status Pending
Tax Lot 145
Legal Description Benjamin Square Sec 2 L 145
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Exterior
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 N
Building Area Total 2316
Lot Size Acres 0.1
Waterfront Y/N N
Other Equipment Smoke Alarm Sump Pump
Horse Amenities None
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* Excluded Features
List By
Highgarden Real Estate

Broker

Btinsley@highgarden.com

Email

Affordability Calculator

$2,004
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,796
Monthly Property Taxes
$208
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045016 Elementary School
4045011 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2026$260,000 Listed Price

Map


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5342 Pelham, Indianapolis, IN, 46216 is a Single Family Home for sale at $260,000 with 2,316 sqft and a lot size of 0.1. 5342 Pelham has 3 bedrooms, 3.0 baths, and was built in 2003. The property's zip code is 46216 which is in Indianapolis, IN