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5542 Painted Maple Court

Indianapolis, IN 46254

ActiveListed Oct 13, 2026 · 1 day on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
2,093 sqft
Lot
0.47 acres
Year built
1987
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22131152
County
Marion
Subdivision
The Trees

About this home

Looking for your next investment project? This 2-story traditional home offers 2,093 square feet of living space, a spacious layout, and pond views, providing plenty of potential for the right buyer. Built in 1987, this 3-bedroom, 2.5-bath home features a family room with a wood-burning fireplace, separate formal living and dining rooms, and a wraparound deck overlooking the pond. The primary bedroom also offers pond views and a private balcony. An attached 2-car garage adds convenience and extra storage. The location is another highlight, just down the road from Eagle Creek Reservoir and Park, Rick's Boatyard Cafe, and with easy access to the interstate. Whether you're an investor looking for your next project or a buyer ready to bring new life to a property, this home offers space, a desirable setting, and plenty of possibilities. Don't miss the opportunity to explore the potential this property has to offer!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerMicrowaveElectric OvenRefrigeratorWasher
Interior features
Breakfast BarEntrance FoyerPantryWoodWorkStain/Painted
Fireplaces
1
Fireplace type
Family Room
Windows
Wood Frames
Rooms
8

Exterior

Construction
BrickWood Siding
Foundation
Block
Style
Traditional
Parking and garage
Attached

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Public

Lot and HOA

HOA fee
$273 / annually

Schools

Elementary school
Eagle Creek Elementary School
Middle school
Lincoln Middle School
High school
Pike High School
School district
MSD Pike Township

Taxes

Estimated annual tax
$3,806 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,011per month, estimated
Principal and interest $1,563Property tax $317Insurance $109HOA $23
20% · $62,000
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$310,000
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