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7227 Indian Lake Rd, Indianapolis, IN, 46236

$410,000

Home List Price

$4,869*

Closing Credit

3 Bedrooms
2 Full Baths
1,944 SqFt
$211/SqFt
House

Location

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7227 Indian Lake Rd, Indianapolis$410,000

Buyer Closing Credits

$4,869*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1960
HeatingForced Air, Natural Gas
CoolingCentral Air
FireplaceFamily Room, Gas Log, Masonry
MLS #22006324
Lot Size0.84 Acres
StatusActive

About 7227 Indian Lake Rd

Updated ranch with no HOA!! 3BR and 2 full bathrooms on almost a full acre. Beautiful $35,000 kitchen "updated this year" with plenty of dining area. Many other recent updates including: new reverse osmosis system (2024), New generator outlet, new utility box, new Greenhouse/storage out building (2024), newer shed, new UV air system, just planted 2 apple trees, 1 peach tree and raspberry and blackberry bushes, new fenced in garden/dog run, new ($4,900) Hallman 36" Classico professional chef gas stove (2024), Newer carpet in living room and all bedrooms. Large primary bedroom with ensuite bathroom. Screened in patio facing east for coffee with the sunrise. Huge fully fenced backyard with deck and garden. Corner lot with minimal traffic within walking distance of Indian Lake. Minutes from Geist Reservoir, Fishers District, Hamilton Towne Center, and Castleton. Property feels like your own private little piece of serenity but with all the easy access to anything you could want!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1960
  • Living Area: 1,944 SqFt

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: indy1realtor@gmail.com
  • Listing Agent: Brian Wignall

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Gas Oven, Refrigerator, Water Softener
  • Basement: No
  • Interior: Attic Access, Hardwood Floors, Windows Vinyl, Wood Work Painted, Bath Sinks Double Main, Center Island, Pantry
  • Fireplace: Family Room, Gas Log, Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Storage Shed

Lot Features

Lot Information:

  • Lot Size: 0.84 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $410,000
  • Price Per SqFt: $211/SqFt

Tax Information:

  • Annual Amount: $1,375
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

7227 Indian Lake Rd vs Indianapolis

49 DAYS ON ROCKET

+13 Days

$410,000

+$161.8K More

$211/SqFt

+$71 More

KEY TAKEAWAY

This property is $161.8K more than the Median Sold Price and $71/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22006324

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: indy1realtor@gmail.com
  • Listing Agent: Brian Wignall

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:16:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 07, 2005Home Sold
$147,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,375$144,700
2019$1,468$137,000
2018$1,456$137,000
2017$1,379$136,100

History based on county public records data.

Payment Calculator

$2,114

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,296

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3522012
4
/10
  • Sunnyside Elementary School

  • 6345 Sunnyside Rd

  • 1.10 miles

  • Public District Grades 1-6

school-card-donut-3522013
7
/10
  • Forest Glen Elementary School

  • 6333 Lee Rd

  • 1.24 miles

  • Public Magnet Grades PK-6

school-card-donut-3522014
4
/10
  • Oaklandon Elementary School

  • 6702 Oaklandon Rd

  • 1.53 miles

  • Public District Grades 1-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,571. The most common annual income of people living in Indianapolis, IN is between $100k-200k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7227 Indian Lake Rd

What is the listing price of this property?

The listing price of 7227 Indian Lake Rd property is $410,000.

What type of property is this?

The property 7227 Indian Lake Rd is a house located in Indianapolis, Indiana, 46236.

Is this property for sale now?

Active Listing: 7227 Indian Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,375 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 7, 2005 for $147,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7227 Indian Lake Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7227 Indian Lake Rd is 1,944 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7227 Indian Lake Rd is 1960.

Rocket HomesIndianaMarion CountyIndianapolis462367227 Indian Lake Rd

This home is located at 7227 Indian Lake Rd in Indianapolis, IN and zip code 46236 in the Lawrence-Fort Ben-Oaklandon neighborhood. This 1,944 square foot home, which was built in 1960, sits on a 0.84 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $410,000.

In November 2024 more than 170 listings in Indianapolis, IN were sold above the asking price. During the same period more than 231 listings were sold at asking price, while more than 429 were sold below. Between October 2024 and November 2024, Indianapolis, IN real estate market has seen decrease in the number of listings by 5.8%. In November 2024 median list price was $248,146 and the average listing age was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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