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5039 Richard Street, Indianapolis, IN 46221

Cottage Park On The River · Marion County

Key Facts

3Beds
4Baths
3,204Sq Ft
1992Year Built
1.56Lot (acres)
4Garage

Description

Beautiful big all-brick custom ranch home. Gorgeous trim, deluxe master suite, and convenient home office. Full finished basement with wet bar and huge laundry/craft room. Large fully finished, heated 1500 SF 2nd garage building, with bathroom & kitchenette, feels like a recreation center and would be a great place for a home-based business. 3rd garage 676 SF offers many options and there is ample space for parking multiple vehicles. House sits majestically off the road on 1.56 acres in a quiet neighborhood.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Ranch

Year Built

1992

Living Area

3,204 sq ft

Lot Size

1.56 acres

Garage Spaces

4

Days on Market

65

MLS® Listing#

21898505

Property Features

Interior

Tray Ceiling(s)Breakfast BarPantryWalk-In Closet(s)

Appliances

DishwasherElectric OvenRefrigeratorElectric Water HeaterWater Softener Owned

Heating

Forced Air

Fireplace

Wood BurningLiving Room

Basement

Finished

Parking

AsphaltAttachedDetachedGarage Door OpenerWorkshop in Garage

Laundry

In Basement

Patio

Covered

Fencing

Partial

Construction

Brick

Foundation

Concrete Perimeter

Windows

Insulated Windows

Other Structures

Barn(s)

Financial Details

HOA

None

Parcel Number

491406104024000200

Directions

From I-465 westbound, take the Mann Rd exit and head south. Take the first left on Thompson Rd. Turn right on Richard.

Affordability Calculator

$88,000

Estimated monthly payment

$2,342/mo

Principal $352,000 · Est. interest $491,071 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Indianapolis, IN

$276,705
Median Listing Price
55
Median Days on Market
1,638
Median Sq Ft
$159
Median Price / Sq Ft
3,249
Active Listings
  • This home’s price is 59% above the area median.
  • Its price per sq ft is 14% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Indianapolis, IN.

Location

Map showing the location of 5039 Richard Street, Indianapolis, IN 46221

Points of Interest in Indianapolis, IN

Showing the Indianapolis area map.

Nearby Schools

  • Gold Academy

    School · 0.8 mi away

  • Stephen Decatur Elementary School

    Elementary · 1.5 mi away

  • Head Start Goodwin Center

    School · 1.6 mi away

  • Valley Mills Elementary School

    Elementary · 1.7 mi away

  • Lynwood Elementary School

    Elementary · 1.7 mi away

  • Decatur Township School for Excellence

    Secondary · 1.8 mi away

  • Decatur Township Early Head Start

    School · 1.8 mi away

  • Decatur Middle School

    Secondary · 1.8 mi away

  • Decatur Central High School

    Secondary · 2.1 mi away

  • Lynhurst 7th & 8th Grade Center

    Elementary · 2.4 mi away

  • Sanders School

    Elementary · 2.5 mi away

  • The Excel Center

    School · 2.6 mi away

  • Damar Charter Academy

    School · 2.8 mi away

  • Stout Field Elementary School

    Elementary · 2.9 mi away

  • ABC Child Care & Preschool

    School · 3.0 mi away

  • Rosa Parks-Edison Elementary

    Elementary · 3.0 mi away

  • Wayne Enrichment Center

    School · 3.2 mi away

  • West Newton Elementary School

    Elementary · 3.4 mi away

  • Maplewood Elementary School

    Elementary · 3.7 mi away

  • Abraham Lincoln Elementary School

    Elementary · 3.8 mi away

Commute Calculator

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Nearby Homes

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Moving Cost Estimate

EXIT Agents in Indianapolis

Listing Courtesy: Jeneene West Realty, LLC - jwest@jwestrealty.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2023-01-02

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Data provided by MIBOR. MLS® Listing#21898505. © 2026EXIT Realty®. All rights reserved.