Discover the potential of 7409 Deerberg Drive, a newly built home, with a backyard view of water, completed at the end of 2025, now offering a unique opportunity for investors, builders, or buyers with a vision. While this modern residence suffered extensive fire damage from a neighboring property incident, the structure and layout still reflect the high-quality design and craftsmanship of a recently completed build. This property is being sold as-is, presenting an exceptional chance to rebuild and restore a nearly new home at a significant discount. Whether you choose to renovate and create your dream residence or restore and resell for a potential profit, this is an opportunity rarely seen in such a desirable Indianapolis location. Situated in a welcoming community with convenient access to shopping, dining, and major commuter routes, 7409 Deerberg Drive has all the makings of a beautiful, high-value property once revitalized. Don't miss this chance to transform a setback into a major success - rebuild, reimagine, and realize the value of this exceptional piece of real estate. Important: No one is permitted to enter the property without first booking a showing through the appropriate scheduling system.
Sold
$246,000
7409 Deerberg Dr, Indianapolis, IN 46259
5beds
3,170sqft
Residential, Single Family Residence
Built in 2025
9,147 Square Feet Lot
$247,400 Zestimate®
$78/sqft
$3,014 Estimated rent
Home value
$247,400
$233,000 - $262,000
$3,014/mo
Zestimate® history
Owner options
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$3,014/mo
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$3,014/mo
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$1,875/mo
Est. payment
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$1,875/mo
Est. payment
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List your homeWhat's special
High-quality design and craftsmanshipBackyard view of water
Zillow last checked:
Listing updated:
Listed by:
Cory Grass 812-564-1111,
RE/MAX Acclaimed Properties
Bought with:
Ashok Challa
@Home Indiana
Source: MIBOR as distributed by MLS GRID,MLS#: 22092043
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Other
- Level: Upper
- Area: 304 Square Feet
- Dimensions: 16x19
Bedroom 2
- Features: Other
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 3
- Features: Other
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 11x12
Bedroom 4
- Features: Other
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 5
- Features: Other
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Dining room
- Features: Other
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Kitchen
- Features: Other
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Laundry
- Features: Other
- Level: Upper
- Area: 54 Square Feet
- Dimensions: 6x9
Living room
- Features: Other
- Level: Main
- Area: 323 Square Feet
- Dimensions: 17x19
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Double Oven
- Laundry: In Unit
Features
- Eat-in Kitchen, Pantry, Walk-In Closet(s)
- Has basement: No
Interior area
- Total structure area: 3,170
- Total interior livable area: 3,170 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 9,147 Square Feet
- Features: City Lot, Curbs
Details
- Parcel number: 491618120002005300
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Stone
- Foundation: Slab
Condition
- Fixer
- New construction: No
- Year built: 2025
Details
- Builder name: Beazer
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Crossroads At Southport
HOA
- Has HOA: Yes
- HOA fee: $638 annually
- HOA phone: 317-631-2213
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $500
- Annual tax amount: $10
- Date on market: 3/29/2026
- Cumulative days on market: 7 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Sold | $246,000-1.6%$78/sqft |
Source:  MIBOR as distributed by MLS GRID #22092043 Report a problem | ||
| 4/2/2026 | Pending sale | $250,000 |
Source:  IRMLS #202610515 Report a problem | ||
| 3/28/2026 | Listed for sale | $250,000 |
Source: IRMLS #202610515 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10 +35.1% | $500 |
| 2024 | $7 | $500 +66.7% |
| 2023 | -- | $300 |
Find assessor info on the county website
Neighborhood: South Franklin
Nearby homes
- $500-- bd-- ba-- sqft7401 Deerberg Dr, Indianapolis, IN 46259Off Market
- $441,6515 bd3 ba3.1k sqft7417 Deerberg Dr, Indianapolis, IN 46259Sold
- $409,9905 bd3 ba3.1k sqft7349 Deerberg Dr, Indianapolis, IN 46259Sold
- $438,7355 bd3 ba3.2k sqft7425 Deerberg Dr, Indianapolis, IN 46259Sold
- $382,0004 bd3 ba2.6k sqft7330 Deerberg Dr, Indianapolis, IN 46259Sold
- $418,0005 bd3 ba3.1k sqft7343 Deerberg Dr, Indianapolis, IN 46259Sold
- $394,9905 bd3 ba2.9k sqft7433 Deerberg Dr, Indianapolis, IN 46259Sold
- $424,9905 bd3 ba3.2k sqft7410 Deerberg Dr, Indianapolis, IN 46259Sold
Nearby schools
GreatSchools rating
- 8/10South Creek Elementary SchoolGrades: K-3Distance: 0.6 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 1.9 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: South Creek Elementary
- 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
$247,400
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
$247,400
- Indiana
- Marion County
- Indianapolis
- 46259
- South Franklin
- 7409 Deerberg Dr
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