Welcome to this beautifully decorated open-concept ranch home, perfectly positioned on one of the area's largest and most desirable lots with peaceful pond views. This thoughtfully designed home offers both style and flexibility, featuring a finished bonus room on the upper level-ideal for a home office, media room, or guest retreat. The main living area flows seamlessly into a bump-out breakfast nook, creating a bright and inviting space for everyday living and entertaining. The spacious 3-season sunroom, offering a light-filled retreat to relax, unwind, and enjoy the scenic backyard views nearly year-round. Outside, the fully landscaped yard is filled with mature perennials and flowers, creating a private and colorful setting. The primary suite is a true sanctuary, featuring an expansive 11x16 bath with dual raised vanities, a Jacuzzi tub, a 6x6 walk-in shower with dual shower heads, a private water closet, and separate his-and-her closets. Additional highlights include classic 6-panel doors, blinds that remain with the home, and tasteful decor throughout. This exceptional property combines a premium lot, beautiful outdoor living space, and a well-designed floorplan-making it a rare opportunity you won't want to miss.
Sold
$385,000
1427 Mahony Ct, Indianapolis, IN 46217
3beds
2,463sqft
Residential, Single Family Residence
Built in 2000
0.44 Acres Lot
$389,100 Zestimate®
$156/sqft
$2,260 Estimated rent
Home value
$389,100
$366,000 - $416,000
$2,260/mo
Zestimate® history
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$2,751/mo
Est. payment
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$2,751/mo
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List your homeWhat's special
Separate his-and-her closetsWell-designed floorplanBeautiful outdoor living spaceLight-filled retreatTasteful decor throughoutPremium lotPeaceful pond views
Zillow last checked:
Listing updated:
Listed by:
Greg Martin 317-345-4655,
G. Martin Realty
Bought with:
Marilyn Farley
RE/MAX Advanced Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22082116
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 273 Square Feet
- Dimensions: 21X13
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Bedroom 3
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Bonus room
- Level: Upper
- Area: 500 Square Feet
- Dimensions: 20X25
Breakfast room
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11X11
Great room
- Level: Main
- Area: 320 Square Feet
- Dimensions: 16X20
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Laundry
- Level: Main
- Area: 36 Square Feet
- Dimensions: 6X6
Sun room
- Level: Main
- Area: 300 Square Feet
- Dimensions: 15x20
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator
- Laundry: Main Level
Features
- Attic Access, Cathedral Ceiling(s), High Ceilings, Walk-In Closet(s), Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Pantry
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Gas Log, Great Room
Interior area
- Total structure area: 2,463
- Total interior livable area: 2,463 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Parking Other(Finished Garage)
Features
- Levels: One Leveland + Loft
- Stories: 1
- Patio & porch: Covered, Glass Enclosed
- Has view: Yes
- View description: Pond
- Water view: Pond
Lot
- Size: 0.44 Acres
- Features: Cul-De-Sac, Rural - Subdivision, Storm Sewer, Street Lights
Details
- Parcel number: 491415140046000500
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 2000
Details
- Builder name: Brizendine
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
- Subdivision: Shannon Lakes
HOA
- Has HOA: Yes
- Amenities included: Insurance, Maintenance
- Services included: Insurance, Maintenance, Nature Area
- HOA fee: $350 annually
- HOA phone: 317-259-0383
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $373,500
- Annual tax amount: $4,680
- Date on market: 1/31/2026
- Cumulative days on market: 5 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Sold | $385,000+1.3%$156/sqft |
Source:  MIBOR as distributed by MLS GRID #22082116 Report a problem | ||
| 2/4/2026 | Pending sale | $380,000$154/sqft |
Source: MIBOR as distributed by MLS GRID #22082116 Report a problem | ||
| 1/31/2026 | Listed for sale | $380,000$154/sqft |
Source: MIBOR as distributed by MLS GRID #22082116 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,680 +9.2% | $373,500 +3.4% |
| 2024 | $4,287 +8.7% | $361,200 +7.8% |
| 2023 | $3,942 +13.1% | $335,200 +10.8% |
| 2022 | $3,487 +4.7% | $302,600 +14.1% |
| 2021 | $3,329 +1.4% | $265,300 +5.1% |
| 2020 | $3,283 +4.2% | $252,400 +1.9% |
| 2019 | $3,150 -0.2% | $247,600 +2.9% |
| 2018 | $3,155 +4% | $240,600 +1% |
| 2017 | $3,033 +11.1% | $238,300 +6.9% |
| 2016 | $2,729 +5% | $223,000 +3.8% |
| 2014 | $2,601 +2.7% | $214,900 +2.3% |
| 2013 | $2,531 | $210,000 +0.9% |
| 2012 | $2,531 | $208,100 +2.4% |
| 2011 | -- | $203,300 +3.7% |
| 2010 | $1,961 +0.8% | $196,100 |
| 2009 | $1,945 | $196,100 -4.2% |
| 2007 | -- | $204,700 0% |
| 2006 | -- | $204,800 +16.4% |
| 2005 | -- | $175,900 |
| 2004 | -- | $175,900 |
| 2003 | -- | $175,900 +59% |
| 2002 | -- | $110,600 +1171.3% |
| 2001 | -- | $8,700 |
Find assessor info on the county website
Neighborhood: Glenn's Valley
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Nearby schools
GreatSchools rating
- 5/10Glenns Valley Elementary SchoolGrades: 1-5Distance: 0.8 mi
- 8/10Perry Meridian Middle SchoolGrades: 7-8Distance: 1.1 mi
- 9/10Perry Meridian High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Glenns Valley Elementary School
- Middle: Perry Meridian Middle School
- High: Perry Meridian High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$389,100
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Estimated market value
$389,100
- Indiana
- Marion County
- Indianapolis
- 46217
- Glenn's Valley
- 1427 Mahony Ct
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