Acreage? Yes. Affordable? Yes. Still in the city? Yes!! Welcome home! Nestled on 1.19 acres, this secluded home is perfect for you. Home has gone under a meticulous renovation over the past 3 years. Step inside the family room, it has windows that reach nearly to floor to ceiling & lets in so much natural light. Open concept kitchen comes with tons of updates, new appliances, & skylights. Bathrooms have been completely updated, including new tile, tub, sinks & shower. Heated floors in the bathroom. Brand new furnace. 2023 Water heater, water softener included. Check out the back porch, perfect for entertaining or relaxing. Backyard is very large, whole property adds up to 1.19 acres making it one of the homes with the largest acreage in the area according to comps. Filled with mature trees & wildlife. Backyard also comes with a mini barn. Close to schools, parks, trails, shopping, Indian Lake, Geist, & many more fun places. Don't miss out on this beautiful property!!!
Sold
$322,000
7315 Indian Lake Rd, Indianapolis, IN 46236
3beds
1,792sqft
Residential, Single Family Residence
Built in 1955
1.19 Acres Lot
$322,100 Zestimate®
$180/sqft
$1,802 Estimated rent
Home value
$322,100
$306,000 - $338,000
$1,802/mo
Zestimate® history
Owner options
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$1,802/mo
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$1,802/mo
Rent Zestimate®
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$1,992/mo
Est. payment
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$1,992/mo
Est. payment
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Brand new furnaceNew appliances
Zillow last checked:
Listing updated:
Listing Provided by:
Alexander Elston 317-730-4222,
United Real Estate Indpls
Bought with:
Perla Palma Nunez
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22094516
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: 121 Square Feet
- Dimensions: 11 x 11
Bedroom 2
- Level: Main
- Area: 144.16 Square Feet
- Dimensions: 10.6 x 13.6
Bedroom 3
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Dining room
- Level: Main
- Area: 147.42 Square Feet
- Dimensions: 11.7 x 12.6
Foyer
- Features: Other
- Level: Main
- Area: 20 Square Feet
- Dimensions: 4 x 5
Kitchen
- Level: Main
- Area: 148 Square Feet
- Dimensions: 10 x 14.8
Living room
- Level: Main
- Area: 293.76 Square Feet
- Dimensions: 13.6 x 21.6
Sun room
- Level: Main
- Area: 304 Square Feet
- Dimensions: 19 x 16
Utility room
- Level: Main
- Area: 86.8 Square Feet
- Dimensions: 7 x 12.4
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Oven, Washer, Water Heater
Features
- Attic Pull Down Stairs, Entrance Foyer, Hardwood Floors, Eat-in Kitchen
- Flooring: Hardwood
- Has basement: No
- Attic: Pull Down Stairs
- Number of fireplaces: 1
- Fireplace features: Free Standing, Living Room, Other
Interior area
- Total structure area: 1,792
- Total interior livable area: 1,792 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Glass Enclosed
Lot
- Size: 1.19 Acres
Details
- Additional structures: Barn Mini
- Parcel number: 490129120027000407
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
- Attached to another structure: Yes
Materials
- Stone
- Foundation: Block
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Rainbow Highlands
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $322,000-2.4%$180/sqft |
Source:  MIBOR as distributed by MLS GRID #22094516 Report a problem | ||
| 4/28/2026 | Pending sale | $329,900$184/sqft |
Source: MIBOR as distributed by MLS GRID #22094516 Report a problem | ||
| 4/10/2026 | Listed for sale | $329,900+22.2%$184/sqft |
Source: MIBOR as distributed by MLS GRID #22094516 Report a problem | ||
| 10/8/2025 | Listing removed | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2025 | Listed for rent | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/27/2023 | Sold | $269,900$151/sqft |
Source: MIBOR as distributed by MLS GRID #21943940 Report a problem | ||
| 9/26/2023 | Pending sale | $269,900$151/sqft |
Source: MIBOR as distributed by MLS GRID #21943940 Report a problem | ||
| 9/25/2023 | Listed for sale | $269,900$151/sqft |
Source: MIBOR as distributed by MLS GRID #21943940 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,748 +0.8% | $157,600 -2.1% |
| 2024 | $1,734 -3.2% | $160,900 |
| 2023 | $1,791 -0.6% | $160,900 |
| 2022 | $1,803 -1.4% | $160,900 +3.1% |
| 2021 | $1,829 +11.2% | $156,100 -0.1% |
| 2020 | $1,645 +2% | $156,300 |
| 2019 | $1,613 +0.7% | $156,300 +2% |
| 2018 | $1,602 -4.4% | $153,300 +0.9% |
| 2017 | $1,677 +4.6% | $151,900 +1.7% |
| 2016 | $1,603 +2.4% | $149,300 +0.1% |
| 2014 | $1,567 +5.6% | $149,200 |
| 2013 | $1,484 | $149,200 +2.1% |
| 2012 | $1,484 | $146,200 -1.4% |
| 2011 | -- | $148,300 -7.3% |
| 2010 | $1,603 +0% | $160,000 |
| 2009 | $1,603 | $160,000 -4.1% |
| 2007 | -- | $166,800 -6.1% |
| 2006 | -- | $177,600 +28% |
| 2005 | -- | $138,700 |
| 2004 | -- | $138,700 |
| 2003 | -- | $138,700 +123% |
| 2002 | -- | $62,200 +199.9% |
| 2001 | -- | $20,740 |
| 2000 | -- | $20,740 |
Find assessor info on the county website
Neighborhood: 46236
Nearby schools
GreatSchools rating
- NAEarly Learning CenterGrades: PK-KDistance: 1 mi
- 5/10Fall Creek Valley Middle SchoolGrades: 7-8Distance: 1.4 mi
- 5/10Lawrence North High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$322,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$322,100
- Indiana
- Marion County
- Lawrence
- 46236
- 7315 Indian Lake Rd
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