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5538 Wagon Wheel Trail

Indianapolis, IN 46237

ActiveListed Oct 21, 2026 · 1 day on market

Key facts

Beds
3
Baths
1 full · 1 half
Living area
1,050 sqft
Lot
0.17 acres
Year built
1978
Type
Residential · Single Family Residence
Stories
One
Garage
1 space
MLS #
22132672
County
Marion
Subdivision
Southern View

About this home

Some homes come with a project list. This one comes with the keys-and NO HOA! Welcome to 5538 Wagon Wheel Trail, a move-in-ready 3-bedroom, 1.5-bath home in Franklin Township offering over 1,000 square feet of comfortable living space. Inside, you'll find newer appliances, a new water heater, and a home that's ready to enjoy without immediately donating your weekends to home improvement projects. Step outside to a nice-sized, fully fenced backyard with plenty of room for dogs, kids, cookouts, a garden, or just kicking back and enjoying your own space. And with no HOA, you can enjoy your home without the extra monthly dues or a neighborhood committee keeping tabs on the height of your grass. Located in the Franklin Township school district, this home checks a lot of boxes without handing you a long list of projects in return. Move in, settle down, and start enjoying your new home!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterDisposalElectric OvenRange HoodRefrigeratorWasher
Interior features
Attic AccessWood Work Painted
Windows
Vinyl Windows
Rooms
6
Main-level bedrooms
3

Exterior

Patio and porch
Covered
Construction
Aluminum SidingBrick
Foundation
Slab
Style
Traditional
Parking and garage
Attached
Fencing
Chain LinkFull

Systems

Heating
BaseboardElectric
Cooling
Central Air
Water
Public

Schools

School district
Franklin Township Com Sch Corp

Taxes

Estimated annual tax
$1,936 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,239per month, estimated
Principal and interest $1,008Property tax $161Insurance $70
20% · $40,000
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$200,000
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