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5348 Pelham Way, Indianapolis, IN 46216

PENDING as of 5/11/2025 - $245,000
Charming brick home with a well-maintained lawn and attached two-car garage at 5348 Pelham Way, Indianapolis, IN 46216

  • Bedrooms

    2

  • Baths

    2

  • Sq. Feet

    2286

  • Year Built

    2001

  • Days on Market

    29

  • $/SqFt

    $107

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  • Charming brick home with a well-maintained lawn and attached two-car garage at 5348 Pelham Way, Indianapolis, IN 46216
  • Brick home featuring a well-manicured lawn and a two-car garage with a concrete driveway at 5348 Pelham Way, Indianapolis, IN 46216
  • Attractive brick home with lush landscaping, a driveway, and a two-car garage at 5348 Pelham Way, Indianapolis, IN 46216
  • Paved driveway leading to homes with well-maintained lawns and mature trees at 5348 Pelham Way, Indianapolis, IN 46216
  • Bright foyer featuring hardwood floors, high ceilings, and an attractive chandelier at 5348 Pelham Way, Indianapolis, IN 46216
  • Spacious foyer with hardwood floors, decorative lighting, and ample closet space at 5348 Pelham Way, Indianapolis, IN 46216
  • Open-concept living room with hardwood floors, fireplace, and vaulted ceilings at 5348 Pelham Way, Indianapolis, IN 46216
  • Bright living room featuring a vaulted ceiling, a fireplace, and hardwood flooring at 5348 Pelham Way, Indianapolis, IN 46216
  • Open-concept living room featuring hardwood floors, fireplace, and a vaulted ceiling at 5348 Pelham Way, Indianapolis, IN 46216
  • Spacious living room with hardwood floors, vaulted ceiling, fireplace, and backyard views at 5348 Pelham Way, Indianapolis, IN 46216
  • Cozy living room features a large sectional sofa, fireplace, and a large-screen television at 5348 Pelham Way, Indianapolis, IN 46216
  • Open living room featuring vaulted ceilings, a fireplace, and ample seating with a large sectional sofa at 5348 Pelham Way, Indianapolis, IN 46216
  • Spacious living room with a sectional sofa, fireplace, and an open entrance view at 5348 Pelham Way, Indianapolis, IN 46216
  • Spacious living room featuring an open layout connected to the kitchen and dining area at 5348 Pelham Way, Indianapolis, IN 46216
  • The dining area features a rustic table, dark cabinetry and a sliding door that leads to the deck at 5348 Pelham Way, Indianapolis, IN 46216
  • Bright dining area with dark cabinets, stainless steel appliances, and wood-finished dining table at 5348 Pelham Way, Indianapolis, IN 46216
  • View of dining area featuring an open-concept design with natural light and view of living room at 5348 Pelham Way, Indianapolis, IN 46216
  • Dining area features wood dining table, unique lighting fixture, and an open view of the living area at 5348 Pelham Way, Indianapolis, IN 46216
  • Modern kitchen with stainless steel appliances, dark cabinetry, and lots of counter space at 5348 Pelham Way, Indianapolis, IN 46216
  • Kitchen and dining area showcasing dark cabinets, stainless appliances, and access to outdoor deck at 5348 Pelham Way, Indianapolis, IN 46216
  • Well-lit kitchen features dark cabinetry, stainless steel appliances, and light countertops at 5348 Pelham Way, Indianapolis, IN 46216
More Photos \/
  • Open floor plan flows from kitchen to dining and living area with fireplace at 5348 Pelham Way, Indianapolis, IN 46216
  • Bedroom features a ceiling fan and natural light from multiple windows at 5348 Pelham Way, Indianapolis, IN 46216
  • Bright bedroom with neutral walls and plenty of natural light at 5348 Pelham Way, Indianapolis, IN 46216
  • Bedroom includes a ceiling fan, ensuite bath, and walk-in closet at 5348 Pelham Way, Indianapolis, IN 46216
  • Bedroom features a ceiling fan and views of the ensuite bathroom at 5348 Pelham Way, Indianapolis, IN 46216
  • Bathroom features double sinks, large mirrors, and decorative accents at 5348 Pelham Way, Indianapolis, IN 46216
  • Bathroom features a jacuzzi tub and a glass enclosed shower at 5348 Pelham Way, Indianapolis, IN 46216
  • Relaxing bathroom includes large jacuzzi tub at 5348 Pelham Way, Indianapolis, IN 46216
  • Walk-in closet offers ample storage and organization at 5348 Pelham Way, Indianapolis, IN 46216
  • Cozy bedroom with wood floors and two bright windows, desk, chair, and stylish blue walls at 5348 Pelham Way, Indianapolis, IN 46216
  • Comfortable bedroom with a window providing natural light, wooden floors, and a built-in study space at 5348 Pelham Way, Indianapolis, IN 46216
  • Bright bathroom with a vanity, owl art, towel rack and a mirror with recessed lighting at 5348 Pelham Way, Indianapolis, IN 46216
  • Bathroom featuring a bathtub with shower, white toilet, blue walls, and decorative artwork at 5348 Pelham Way, Indianapolis, IN 46216
  • Efficient laundry area featuring a washer and dryer setup, plus shelf storage above at 5348 Pelham Way, Indianapolis, IN 46216
  • Unfinished basement space with concrete walls, exposed ceiling, and potential for storage at 5348 Pelham Way, Indianapolis, IN 46216
  • Basement storage room with shelving and storage, offering practical organizational space at 5348 Pelham Way, Indianapolis, IN 46216
  • Office area with a desk, computer, and comfortable seating in a finished basement space at 5348 Pelham Way, Indianapolis, IN 46216
  • Entertainment room featuring theater-style seating, large screen, and ambient lighting at 5348 Pelham Way, Indianapolis, IN 46216
  • Spacious entertainment room equipped with theater-style seating and a large television screen at 5348 Pelham Way, Indianapolis, IN 46216
  • Finished basement featuring theatre seating, couches, and a doorway to another room at 5348 Pelham Way, Indianapolis, IN 46216
  • Entertainment area featuring theatre seating, speakers and large screen TV at 5348 Pelham Way, Indianapolis, IN 46216
  • Galley kitchen with shelving, black refrigerator, and stainless steel appliances at 5348 Pelham Way, Indianapolis, IN 46216
  • Galley style kitchen with countertop, storage, and stainless steel sink at 5348 Pelham Way, Indianapolis, IN 46216
  • Galley kitchen leading to basement with theatre seating at 5348 Pelham Way, Indianapolis, IN 46216
  • Bedroom featuring shelving, TV, small closet, and a window at 5348 Pelham Way, Indianapolis, IN 46216
  • Bedroom with a bed, shelving, TV, and a door to another room at 5348 Pelham Way, Indianapolis, IN 46216
  • Bathroom featuring shower with blue curtain, toilet, and black countertop with glass sink at 5348 Pelham Way, Indianapolis, IN 46216
  • Finished basement featuring two couches, theatre seating, and flat screen TV at 5348 Pelham Way, Indianapolis, IN 46216
  • Deck with a swing, table, grill, and a view of the backyard at 5348 Pelham Way, Indianapolis, IN 46216
  • A spacious backyard featuring a wooden deck, lush green grass, and a charming wooden fence at 5348 Pelham Way, Indianapolis, IN 46216
  • A well-maintained home exterior features a charming wooden deck and a serene backyard setting at 5348 Pelham Way, Indianapolis, IN 46216
  • A charming home exterior features a spacious wooden deck, perfect for outdoor relaxation at 5348 Pelham Way, Indianapolis, IN 46216
  • Home exterior boasts a sizable deck for relaxation plus a serene yard, blending comfort with nature at 5348 Pelham Way, Indianapolis, IN 46216
  • Lush backyard view from wooden deck offers privacy with a beautiful wooden fence and vibrant greenery at 5348 Pelham Way, Indianapolis, IN 46216
  • Charming brick home featuring lush landscaping, and an inviting wooden deck for outdoor enjoyment at 5348 Pelham Way, Indianapolis, IN 46216
  • Scenic wooden walkway with lush greenery on either side, perfect for a peaceful stroll at 5348 Pelham Way, Indianapolis, IN 46216
  • A serene park featuring lush green grass, mature trees, and a paved walking path at 5348 Pelham Way, Indianapolis, IN 46216
  • A lush, green park featuring mature trees and playground equipment under a sunny sky at 5348 Pelham Way, Indianapolis, IN 46216
  • A well-manicured lawn and charming brick home with a two-car garage on a sunny day at 5348 Pelham Way, Indianapolis, IN 46216
Less Photos /\

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Home Description

Welcome to this beautifully maintained, detached home in the desirable Benjamin Square neighborhood! This 2-bedroom, 2-bath gem offers comfort, convenience, and flexibility with a full basement set up as a separate apartment-complete with its own kitchen and bathroom, perfect for guests, in-laws, or rental income. Step inside to find newer luxury vinyl plank (LVP) flooring throughout the main level, adding style and durability. The home has been thoughtfully updated, featuring a new A/C system (2022), a new roof (2018), some updated lighting, and newer appliances in the main kitchen. Enjoy outdoor living in the fully fenced backyard with a spacious deck-ideal for entertaining or relaxing. Located just minutes from parks, dining, and shopping, with easy access to I-465 and downtown Indianapolis, this home blends suburban comfort with urban convenience. Don't miss your chance to own this versatile and move-in-ready home in a great location!

  • Property Type: Single Family
  • Style: TraditonalAmerican
  • Basement: Exterior Entry,Partially Finished,Storage Space
  • Garage Spaces: 2
  • Acres: <1/4 Acre
  • Lot Description: On Trail,Sidewalks,Storm Sewer,Street Lights
  • Siding: Brick,Vinyl With Brick
  • Fencing: Fence Full Rear,Privacy

Approximate Room Sizes / Descriptions

Living Room20x16Main
Great Room24X15Main
Breakfast Room12X08Main
Kitchen12X08Main
Primary Bedroom14X14Main
Bedroom 211X11Main
  • Interior Description: Bath Sinks Double Main,Cathedral Ceiling(s),Hi-Speed Internet Availbl,Vaulted Ceiling(s),Walk-in Closet(s),Windows Thermal,Windows Vinyl
  • Full Baths: 2
  • Num Fireplaces: 1
  • Fireplace Description: Gas Log,Great Room,Living Room
  • Primary Bedroom Description: Closet Walk in
  • Appliances: Dishwasher,Disposal,Dryer,Gas Water Heater,MicroHood,Microwave,Refrigerator,Washer
  • Eating Area: Dining Combo/Great Room
  • Equipment: Smoke Alarm,Sump Pump
  • Heating: Forced Air,Natural Gas
  • Utilities: Cable Connected
  • : heather@heatherhemphillrealty.com

Neighborhood

The average asking price of a 2 bedroom Indianapolis home in this zip code is $235,000 (4.1% less than this home).

This home is priced at $107/sqft, which is 35.0% less than similar homes in the 46216 zip code.

Potential Great Value

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School Information

  • School District:MSD Lawrence Township

Financial

  • Approx Payment:$1,217*
  • Semi Annual Taxes:$1,123

Area Stats

These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (317) 796-4769 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
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Broad Ripple
$477,313
$389,900
23
0.0%
34.8%
45

Butler Tarkington
$358,744
$349,000
18
0.0%
50.0%
132

Downtown Indianapolis
$342,593
$242,050
30
0.0%
70.0%
287

Fountain Square
$366,344
$352,450
36
0.0%
58.3%
58

Irvington
$263,207
$214,900
87
0.0%
50.6%
74

Meridian Kessler
$616,828
$549,450
46
0.0%
47.8%
45

Listing Courtesy of Key Realty Indiana.

5348 Pelham Way, Indianapolis IN is a single family home of 2286 sqft and is currently priced at $245,000 . This single family home has 2 bedrooms. A comparable home for sale at 5503 Wilder Way in Indianapolis is listed at $225,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Pasadena Heights and Residences At Lawrence Village are nearby neighborhoods. MLS 22037022 has been posted on this site since 5/7/2025 (today).

2025

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