5342 Pelham, Indianapolis, IN 46216

$260,000
3
BD
3
BA
2,316
SqFt

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List Price
$260,000
Mandatory Fee
$203
Mandatory Fee Paid
Semi-Annually
MLS#
22126798
Property Type
Residential
Bedrooms
3
Bathrooms
3
Sqft. of Residence
2,316
Year Built
2003
Days on Market
0
Status
ACTIVE

Property Description

Welcome home to 5342 Pelham Way, ideally located near the beautiful Fort Harrison State Park. Enjoy easy access to trails, green space, recreation, and all that this unique area has to offer, while still being close to everyday conveniences. Inside, you'll find two separate living spaces, including a finished basement that feels like its own apartment-complete with a second kitchen (added approximately two years ago), full bathroom, third bedroom and newer luxury vinyl plank flooring throughout. This area of the home offers you flexibility for guests, work, recreation, or whatever suits your needs. Recent updates bring real peace of mind, with the roof, AC, furnace, and water heater all replaced within the last 3-5 years. Outside, a new concrete walkway and updated landscaping-both completed in 2026-add fresh curb appeal to this move-in-ready home. Coffee shops, restaurants, pharmacies, the local library, YMCA, parks, and playgrounds are all nearby. Fun events like horseback riding, food trucks, and a local outdoor farmers market, add fun community traditions to the neighborhood. With a convenient location, plenty of flexible living space, and a long list of recent updates, 5342 Pelham Way is ready to welcome you home.

Additional Information

Basement
Ceiling - 9+ feet, Daylight, Finished, Finished Ceiling, Finished Walls, Full, Interior Entry, Storage Space, Walk-Out Access
Foundation
Concrete Perimeter, Slab
Number of Fireplaces
1
Fireplace Description
Gas Log
Stories
One
Architecture
Traditional
Equipment
Smoke Alarm, Sump Pump
Interior
Attic Access, Bath Sinks Double Main, Cathedral Ceiling(s), Vaulted Ceiling(s), Entrance Foyer, Paddle Fan, In-Law Floorplan, Eat-in Kitchen, Pantry, Smart Thermostat, Walk-In Closet(s), WoodWorkStain/Painted
Exterior Amenities
Not Applicable
Acres
0.10
Heat
Forced Air
Fuel
No Fuel Source
Cooling
Central Air
Financing
Conventional, FHA, VA
Appliances
Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Microwave, Convection Oven, Electric Oven, Refrigerator, Washer, Water Softener Owned
Mandatory Fee Includes
Entrance Common, Insurance, Management, Snow Removal
Semi-Annual Taxes
$1,247
Garage
Yes
Garage Parking
Finished Garage, Garage Door Opener
Region
Lawrence
Eating Areas
Dining Combo/Family Room

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Highgarden Real Estate.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative