15x7 5 on 4.5 with 4.5-5 inch backspacing

you basically just described a factory 15 x 7 steel wheel, only they are 4 3/8 backspace

I always measure 4 1/4" backspacing on 15x7 mopar steel rims including cop vented rims, original 15x7 rallye rims, and 15x7 steel rims. It's the generally accepted measurement.