ONLY IF I HAD A DOLLAR FOR EVERY TIME A BUYER SAID TO ME "Please find me a 3000 SF home, on a large lot, with a basement, in a GREAT neighborhood, for under 400,000!" Impossible?!?! I think not! This Princeton Homes (J. Gregg Allen) 2 story home has 4 spacious bedrooms / 2.5 baths / Eat-in Kit / Family Room/ Formal DR / AND a large partially finished basement!!! Absolutely perfect for entertaining/ and or the kids "hangout." Located in one of Franklin Township's most desirable existing neighborhoods--Lakeland Trails! The lot is to die for! Great patio and backyard area on this 1/3 acre lot, with space, space, space between you and your neighbors! Enough talking! Schedule your showings today!!!
Sold
$380,000
7140 Lakeland Trails Blvd, Indianapolis, IN 46259
4beds
3,000sqft
Residential, Single Family Residence
Built in 2009
0.3 Acres Lot
$383,400 Zestimate®
$127/sqft
$2,533 Estimated rent
Home value
$383,400
$357,000 - $410,000
$2,533/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Dennis Garrity 317-714-0517,
D. Garrity Properties
Bought with:
Todd Campbell
United Real Estate Indpls
Source: MIBOR as distributed by MLS GRID,MLS#: 22037432
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: 216 Square Feet
- Dimensions: 12x18
Bedroom 2
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 3
- Level: Upper
- Area: 150 Square Feet
- Dimensions: 10x15
Bedroom 4
- Level: Upper
- Area: 160 Square Feet
- Dimensions: 10x16
Bonus room
- Features: Other
- Level: Basement
- Area: 132 Square Feet
- Dimensions: 12x11
Breakfast room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Family room
- Features: Other
- Level: Basement
- Area: 240 Square Feet
- Dimensions: 15x16
Great room
- Level: Main
- Area: 288 Square Feet
- Dimensions: 18x16
Other
- Features: Other
- Level: Basement
- Area: 221 Square Feet
- Dimensions: 13x17
Kitchen
- Level: Main
- Area: 192 Square Feet
- Dimensions: 12x16
Laundry
- Level: Upper
- Area: 48 Square Feet
- Dimensions: 6x8
Utility room
- Features: Other
- Level: Basement
- Area: 208 Square Feet
- Dimensions: 16x13
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
- Laundry: Laundry Room, Upper Level
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Windows: Wood Work Painted
- Basement: Ceiling - 9+ feet,Egress Window(s)
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area below ground: 688
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio
Lot
- Size: 0.3 Acres
- Features: Sidewalks, Storm Sewer, Street Lights, Mature Trees
Details
- Parcel number: 491513124002000300
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Brick
- Foundation: Concrete Perimeter, Full
Condition
- New construction: No
- Year built: 2009
Details
- Builder name: J. Gregg Allen
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Lakeland Trails
HOA
- Has HOA: Yes
- Services included: Association Home Owners, Entrance Common, ParkPlayground, Management, Snow Removal
- HOA fee: $380 annually
- HOA phone: 317-558-5398
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $395,400
- Annual tax amount: $3,600
- Date on market: 6/2/2025
- Cumulative days on market: 218 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Sold | $380,000-2.5%$127/sqft |
Source:  MIBOR as distributed by MLS GRID #22037432 Report a problem | ||
| 1/15/2026 | Pending sale | $389,900$130/sqft |
Source: MIBOR as distributed by MLS GRID #22037432 Report a problem | ||
| 11/7/2025 | Price change | $389,900-1.3%$130/sqft |
Source: MIBOR as distributed by MLS GRID #22037432 Report a problem | ||
| 8/5/2025 | Price change | $394,900-1.3%$132/sqft |
Source: MIBOR as distributed by MLS GRID #22037432 Report a problem | ||
| 7/11/2025 | Price change | $399,900-1.2%$133/sqft |
Source: MIBOR as distributed by MLS GRID #22037432 Report a problem | ||
| 6/17/2025 | Price change | $404,900-1.2%$135/sqft |
Source: MIBOR as distributed by MLS GRID #22037432 Report a problem | ||
| 6/2/2025 | Listed for sale | $409,900+5.1%$137/sqft |
Source: MIBOR as distributed by MLS GRID #22037432 Report a problem | ||
| 6/4/2024 | Sold | $389,900$130/sqft |
Source: MIBOR as distributed by MLS GRID #21972906 Report a problem | ||
| 4/28/2024 | Pending sale | $389,900$130/sqft |
Source: MIBOR as distributed by MLS GRID #21972906 Report a problem | ||
| 4/21/2024 | Price change | $389,900-4.3%$130/sqft |
Source: MIBOR as distributed by MLS GRID #21972906 Report a problem | ||
| 4/18/2024 | Price change | $407,500-1.8%$136/sqft |
Source: MIBOR as distributed by MLS GRID #21972906 Report a problem | ||
| 4/11/2024 | Listed for sale | $414,900+114%$138/sqft |
Source: MIBOR as distributed by MLS GRID #21972906 Report a problem | ||
| 1/13/2010 | Sold | $193,885$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,628 +6.6% | $395,400 +9% |
| 2024 | $3,402 -1% | $362,800 +6.6% |
| 2023 | $3,435 +17.4% | $340,200 -1% |
| 2022 | $2,925 +6.8% | $343,500 +17.4% |
| 2021 | $2,739 +0.1% | $292,500 +6.8% |
| 2020 | $2,736 +8.3% | $273,900 +0.1% |
| 2019 | $2,527 +0.8% | $273,600 +8.3% |
| 2018 | $2,506 -1.7% | $252,700 +2.1% |
| 2017 | $2,550 +8.4% | $247,400 +0.6% |
| 2016 | $2,353 -1.4% | $246,000 +3.1% |
| 2014 | $2,387 -2.2% | $238,700 -7.3% |
| 2013 | $2,440 | $257,500 +5.5% |
| 2012 | $2,440 | $244,000 +18.8% |
| 2011 | -- | $205,400 |
| 2010 | $2,054 +207.5% | $205,400 +515% |
| 2009 | $668 | $33,400 |
| 2007 | -- | $33,400 |
Find assessor info on the county website
Neighborhood: South Franklin
Nearby homes
- $421,0004 bd2 ba3.1k sqft7128 Lakeland Trails Blvd, Indianapolis, IN 46259Off Market
- $409,0004 bd1 ba2.2k sqft7150 Lakeland Trails Blvd, Indianapolis, IN 46259Off Market
- $354,5004 bd3 ba2.1k sqft7631 Sand Run Ct, Indianapolis, IN 46259Off Market
- $352,8003 bd2 ba2k sqft7137 Lakeland Trails Blvd, Indianapolis, IN 46259Off Market
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- $400,0004 bd4 ba3.1k sqft7637 Sand Run Ct, Indianapolis, IN 46259Sold
- $392,0004 bd4 ba2.8k sqft7158 Lakeland Trails Blvd, Indianapolis, IN 46259Sold
- $353,0003 bd2 ba2.2k sqft7131 Lakeland Trails Blvd, Indianapolis, IN 46259Off Market
Nearby schools
GreatSchools rating
- 7/10Mary Adams Elementary SchoolGrades: K-3Distance: 0.6 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 3.5 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Middle: Franklin Central Junior High
- High: Franklin Central 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
$383,400
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Estimated market value
$383,400
- Indiana
- Marion County
- Indianapolis
- 46259
- South Franklin
- 7140 Lakeland Trails Blvd
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