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5200 W Southport Road

Indianapolis, IN 46221

ActiveListed Oct 2, 2026 · 9 days on market

Key facts

Beds
3
Baths
1 full
Living area
1,482 sqft
Lot
12.86 acres
Year built
1988
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22129486
County
Marion
Subdivision
No Subdivision

About this home

Here's a fabulous opportunity to purchase a combination of 4.88 + 7.98 acres for a total of almost 13 acres in Decatur Township! It's rumored that Southport Rd will be relocated, making the back yard frontage on Southport Road and prime for development or keep it this as a private estate or farm. There are 4 outbuildings, barn, shop and garage. The Huge barn could be restored or remove all of the structures. The home is a 2 bed, 2 bath in poor condition. It would need full rehab or removed. Do NOT enter the outbuildings as they could be dangerous. Private well and septic on site. Possible seller financing

Description provided by the listing brokerage.

Interior

Interior features
Attic Access
Rooms
4
Main-level bedrooms
3

Exterior

Construction
Vinyl Siding
Foundation
Crawl Space
Style
Ranch
Parking and garage
Detached

Schools

Middle school
Decatur Middle School
School district
MSD Decatur Township

Taxes

Estimated annual tax
$2,230 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,016per month, estimated
Principal and interest $2,646Property tax $186Insurance $184
20% · $105,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$525,000
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