Step into this beautifully maintained gem of a home, nestled against a mature water-view setting within Indianapolis' popular McFarland Farms community. Elegant, meticulous landscaping infuses the expansive lot and sets a warm tone for your four-bedroom, three-bathroom retreat. Sided with Hardy Plank and updated with new flooring, new paint, new windows and a brand new rear deck, the home's dedicated living room is perfect for formal visits, and a spacious dining room equally accommodates large meals or lively game nights. The kitchen and adjoining family room are open-concept and bright with neutral colors and partial hardwood flooring. Upstairs, four bedrooms with walk-in closets provide plenty of space. Your easy living extends to the backyard's sweeping, open expanse, highlighted by a scenic view of the community's huge fully stocked pond encircled by mature trees and shrubs and even the occasional Blue Herron. Whether you choose your own house for recreation or the community's adult pool, kiddie pool and park, pickleball and tennis courts, or basketball court for alternatives - make this wonderful property your very own.
Active
Price cut: $17.9K (8/20)
$322,000
4548 Pepper Ct, Indianapolis, IN 46237
4beds
1,904sqft
Residential, Single Family Residence
Built in 1993
0.33 Acres Lot
$-- Zestimate®
$169/sqft
$40/mo HOA
What's special
Brand new rear deckSided with hardy plankMature water-view settingElegant meticulous landscapingExpansive lotNew flooringNew windows
- 49 days |
- 368 |
- 10 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tracey Brown 317-408-5913,
Carpenter, REALTORS®
Source: MIBOR as distributed by MLS GRID,MLS#: 22111712
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 11x15
Bedroom 2
- Level: Upper
- Area: 99 Square Feet
- Dimensions: 9x11
Bedroom 3
- Level: Upper
- Area: 108 Square Feet
- Dimensions: 9x12
Bedroom 4
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 10x11
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Family room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 14x18
Kitchen
- Level: Main
- Area: 126 Square Feet
- Dimensions: 9x14
Laundry
- Features: Tile-Ceramic
- Level: Main
- Area: 25 Square Feet
- Dimensions: 5x5
Living room
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12x18
Heating
- Forced Air
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Hardwood Floors, High Speed Internet, Eat-in Kitchen, Pantry, Walk-In Closet(s)
- Flooring: Hardwood
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 1,904
- Total interior livable area: 1,904 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: Hallway - 36 Inch Wide
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.33 Acres
- Features: Corner Lot, Cul-De-Sac, Curbs, Sidewalks, Storm Sewer, Mature Trees
Details
- Additional structures: Barn Mini
- Parcel number: 491516104064000500
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Other
- Foundation: Slab
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1993
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Mcfarland Farms
HOA
- Has HOA: Yes
- Amenities included: Maintenance, Park, Playground
- Services included: Entrance Common, Maintenance, ParkPlayground
- HOA fee: $480 annually
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $278,400
- Annual tax amount: $3,542
- Date on market: 7/7/2026
- Cumulative days on market: 51 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $322,000-5.3%$169/sqft |
Source:  MIBOR as distributed by MLS GRID #22111712 Report a problem | ||
| 7/28/2026 | Price change | $339,900-2.9%$179/sqft |
Source: MIBOR as distributed by MLS GRID #22111712 Report a problem | ||
| 7/7/2026 | Listed for sale | $350,000$184/sqft |
Source: MIBOR as distributed by MLS GRID #22111712 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,543 +8.1% | $278,400 +0.7% |
| 2024 | $3,277 +8.4% | $276,400 +6.8% |
| 2023 | $3,024 +15.4% | $258,900 +10.1% |
| 2022 | $2,621 +10.2% | $235,100 +16% |
| 2021 | $2,378 +4.4% | $202,700 +10% |
| 2020 | $2,278 +12.2% | $184,200 +4.6% |
| 2019 | $2,031 +2.3% | $176,100 +10.1% |
| 2018 | $1,985 -0.1% | $159,900 +3.8% |
| 2017 | $1,988 +6.6% | $154,100 +2.1% |
| 2016 | $1,864 +5.9% | $151,000 +1.1% |
| 2014 | $1,761 +5.9% | $149,400 +6% |
| 2013 | $1,663 | $140,900 |
| 2012 | $1,663 | $140,900 +1% |
| 2011 | -- | $139,500 -7% |
| 2010 | $1,500 +26.7% | $150,000 +5.9% |
| 2009 | $1,184 | $141,600 -6.9% |
| 2007 | -- | $152,100 |
| 2006 | -- | $152,100 +16.9% |
| 2005 | -- | $130,100 |
| 2004 | -- | $130,100 |
| 2003 | -- | $130,100 +53.2% |
| 2002 | -- | $84,900 +200% |
| 2001 | -- | $28,300 |
| 2000 | -- | $28,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Perry
Nearby schools
GreatSchools rating
- 5/10Mary Bryan Elementary SchoolGrades: 1-5Distance: 0.8 mi
- 4/10Southport 6th Grade AcademyGrades: 6Distance: 2.2 mi
- 5/10Southport High SchoolGrades: 9-12Distance: 2.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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