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5541 Lippan Way, Indianapolis, IN 46221

$259,900

Charming two-story home featuring manicured front lawn, attached garage, and inviting curb appeal at 5541 Lippan Way, Indianapolis, IN 46221
  • Bedrooms

    3

  • Baths

    3

  • Sq. Feet

    1700

  • Year Built

    1997

  • Days on Market

    2

  • $/SqFt

    $153

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Home Description

Welcome to Lippan Way - where comfort meets convenience and the updates are already done for you. This charming 3-bedroom, 2.5-bath Traditional American two-story checks all the boxes-and then some. Need space? You've got it, with a roomy loft perfect for movie nights, game days, or that home office you keep saying you'll set up. Step inside and notice the love this home's received over the years: A new roof in 2017 (because surprises are great, but not on your ceiling) New windows and a sliding patio door in 2018 for energy efficiency and effortless backyard BBQ access A water softener (2022)-your appliances (and your hair) will thank you A gorgeous new deck (2024) ready for summer lounging And just installed bath exhaust fans (2025)-because fresh air matters The fenced backyard is perfect for pets, playtime, or pretending you're good at gardening. Located in a friendly neighborhood with easy access to shopping, dining, and all things Indy, this one is as move-in ready as it gets. Come see it before someone else does!

  • Property Type: Single Family
  • Style: TraditonalAmerican
  • Garage Spaces: 2
  • Acres: <1/4 Acre
  • Siding: Brick

Available now at $259,900

Approximate Room Sizes / Descriptions

Living Room16x15Main
Dining Room8x10Main
Kitchen14x13Main
Laundry7x6Main
Primary Bedroom16x15Upper
Bedroom 210x10Upper
Bedroom 312x9Upper
  • Interior Description: Vaulted Ceiling(s),Walk-in Closet(s)
  • Full Baths: 2
  • Half Baths: 1
  • Num Fireplaces: 1
  • Fireplace Description: Living Room
  • Primary Bedroom Description: Closet Walk in
  • Appliances: Dishwasher,Disposal,Electric Oven,Microwave,Refrigerator,Water Softener Owned
  • Eating Area: Dining Combo/Kitchen
  • Heating: Forced Air
  • : gmayo@highgarden.com

Neighborhood

The average asking price of a 3 bedroom Indianapolis home in this zip code is $230,949 (11.1% less than this home).

This home is priced at $153/sqft, which is 5.3% less than similar homes in the 46221 zip code.

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School Information

  • School District:Decatur County Community Schools

Financial

  • Approx Payment:$1,291*
  • Semi Annual Taxes:$1,120

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) 408-0107 and speak with one of our real estate consultants.

Listing Courtesy of Highgarden Real Estate. For information or to schedule a viewing of this property (MLS# 22048205), call: 317-408-0107

5541 Lippan Way, Indianapolis IN is a single family home of 1700 sqft and is currently priced at $259,900 . This single family home has 3 bedrooms. A comparable home for sale at 853 S Belleview Pl in Indianapolis is listed at $200,000. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Indianapolis, IN. Honey Manor, Oak Trace and Emerald Village are nearby neighborhoods. MLS 22048205 has been posted on this site since 7/1/2025 (today).

2025

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