Discover the rare opportunity to own a beautifully maintained ranch home in one of Indianapolis' most desirable neighborhoods where homes rarely hit the market and do not last long. Located at 4547 Hammerstone Court in Franklin Township, this spacious property offers over 3,000+ finished square feet including the finished basement, providing the perfect blend of functional living space and entertaining areas. Situated on an oversized lot with an expansive side yard, this home offers room to spread out both inside and out. Step inside to soaring cathedral and vaulted ceilings that create an open, airy atmosphere throughout the main living spaces. The updated kitchen features stainless steel appliances, stone countertops, and a peninsula ideal for gathering with family and friends. The finished basement dramatically expands the home's living space and offers endless possibilities including a recreation room, home gym, theater room, office, or guest retreat. One section of the basement is currently set up as a makeshift golf putting and driving practice area, creating a fun and unique space for golf enthusiasts. The spacious primary suite offers vaulted ceilings, double vanities, and a walk-in shower designed for comfort and relaxation. Outdoor living shines with a private patio, outdoor dining area, fire pit, and dedicated entertaining space perfect for enjoying Indiana evenings. Conveniently located near shopping, dining, interstates, downtown Indianapolis, major hospitals, and Eli Lilly, this home is ideally positioned for commuters and relocation buyers alike. With an attached garage, generous storage, oversized yard, and move-in ready condition, this Franklin Township gem delivers the lifestyle buyers are searching for. Schedule your private showing today before this opportunity is gone.
54 days
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802
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68
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Zillow last checked:
Listing updated:
Listed by:
Sean Daniels317-371-0060,
Daniels Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22103677
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 2
Main level bedrooms: 3
Primary bedroom
Features: Other
Level: Main
Area: 192 Square Feet
Dimensions: 12x16
Bedroom 2
Features: Other
Level: Main
Area: 120 Square Feet
Dimensions: 12x10
Bedroom 3
Features: Other
Level: Main
Area: 121 Square Feet
Dimensions: 11x11
Dining room
Features: Other
Level: Main
Area: 100 Square Feet
Dimensions: 10x10
Kitchen
Features: Other
Level: Main
Area: 140 Square Feet
Dimensions: 10x14
Laundry
Features: Other
Level: Main
Area: 30 Square Feet
Dimensions: 5x6
Living room
Features: Other
Level: Main
Area: 323 Square Feet
Dimensions: 17x19
Living room
Features: Other
Level: Basement
Area: 432 Square Feet
Dimensions: 24x18
Office
Features: Other
Level: Basement
Area: 224 Square Feet
Dimensions: 16x14
Play room
Features: Other
Level: Basement
Area: 360 Square Feet
Dimensions: 30x12
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Water Softener Owned
Features
Attic Access
Basement: Finished,Full
Attic: Access Only
Number of fireplaces: 1
Fireplace features: Family Room
Interior area
Total structure area: 3,000
Total interior livable area: 3,000 sqft
Finished area below ground: 1,500
Property
Parking
Total spaces: 2
Parking features: Attached
Attached garage spaces: 2
Features
Levels: One
Stories: 1
Patio & porch: Covered, Deck
Exterior features: Fire Pit
Lot
Size: 0.39 Acres
Features: Sidewalks
Details
Parcel number: 490931113019000300
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Ranch
Property subtype: Residential, Single Family Residence
Materials
Brick
Foundation: Concrete Perimeter
Condition
Updated/Remodeled
New construction: No
Year built: 1998
Utilities & green energy
Water: Private
Community & HOA
Community
Subdivision: Big Run
HOA
Has HOA: Yes
HOA fee: $250 annually
Location
Region: Indianapolis
Financial & listing details
Price per square foot: $143/sqft
Tax assessed value: $296,100
Annual tax amount: $2,708
Date on market: 5/23/2026
Cumulative days on market: 54 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/8/2026
Price change
$430,000-4.4%$143/sqft
Source: MIBOR as distributed by MLS GRID #22103677Report a problem
5/23/2026
Listed for sale
$450,000$150/sqft
Source: MIBOR as distributed by MLS GRID #22103677Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.