NEW PRICE! Wonderful and ready to move in 3BR/2BA ranch in Southern Lakes! Enviting covered front porch welcomes you home - Fresh paint throughout - New flooring - NEW HVAC - Main level is open and bright - Separate living room and family room with vaulted ceilings - All brick wood fireplace - Family room, eating area, and kitchen are open and flow together perfectly - New custom French doors open to concrete patio and large back yard - Bathrooms are updated with granite counters - Roof is 10 years old - Some newer siding - Newer windows - New laundry room w/ washer and dryer - Large oversized lot with two storage barns - Welcome Home!
Sold
$260,000
7418 Southern Lakes Dr, Indianapolis, IN 46237
3beds
1,505sqft
Residential, Single Family Residence
Built in 1988
0.31 Acres Lot
$261,700 Zestimate®
$173/sqft
$1,800 Estimated rent
Home value
$261,700
$241,000 - $285,000
$1,800/mo
Zestimate® history
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$1,608/mo
Est. payment
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$1,608/mo
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List your homeWhat's special
Brick wood fireplaceCovered front porchTwo storage barnsVaulted ceilingsCustom french doorsNew laundry roomNew flooring
Zillow last checked:
Listing updated:
Listed by:
Kyle Williams 317-445-0701,
Compass Indiana, LLC
Bought with:
Jason Hess
Compass Indiana, LLC
Richie Holmes
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22042050
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: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 3
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Family room
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Laundry
- Level: Main
- Area: 40 Square Feet
- Dimensions: 8x5
Living room
- Level: Main
- Area: 216 Square Feet
- Dimensions: 18x12
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Oven, Gas Water Heater, Water Softener Owned, Washer, Dryer
- Laundry: Main Level, Laundry Room
Features
- Attic Access, Cathedral Ceiling(s), Eat-in Kitchen
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 1,505
- Total interior livable area: 1,505 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Covered
- Exterior features: Storage
- Fencing: Fenced,Fence Complete,Full
Lot
- Size: 0.31 Acres
- Features: Irregular Lot, Sidewalks, Street Lights
Details
- Additional structures: Barn Mini, Storage
- Parcel number: 491514106004000300
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Southern Lakes
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $173/sqft
- Tax assessed value: $245,100
- Annual tax amount: $2,076
- Date on market: 6/6/2025
- Cumulative days on market: 27 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Sold | $260,000-1.9%$173/sqft |
Source:  MIBOR as distributed by MLS GRID #22042050 Report a problem | ||
| 7/3/2025 | Pending sale | $265,000$176/sqft |
Source: MIBOR as distributed by MLS GRID #22042050 Report a problem | ||
| 6/22/2025 | Price change | $265,000-3.6%$176/sqft |
Source: MIBOR as distributed by MLS GRID #22042050 Report a problem | ||
| 6/16/2025 | Price change | $274,900-3.5%$183/sqft |
Source: MIBOR as distributed by MLS GRID #22042050 Report a problem | ||
| 6/6/2025 | Listed for sale | $285,000$189/sqft |
Source: MIBOR as distributed by MLS GRID #22042050 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,325 +5.4% | $245,100 +5.4% |
| 2024 | $2,206 +6.2% | $232,500 +5.5% |
| 2023 | $2,076 +17% | $220,300 +6.3% |
| 2022 | $1,775 +12.1% | $207,300 +17.1% |
| 2021 | $1,584 +7.6% | $177,100 +12.1% |
| 2020 | $1,472 +9.9% | $158,000 +7.5% |
| 2019 | $1,339 +4.3% | $147,000 +9.9% |
| 2018 | $1,284 -2.3% | $133,700 +7% |
| 2017 | $1,315 +9.8% | $125,000 +2.2% |
| 2016 | $1,197 +1.3% | $122,300 +4.5% |
| 2014 | $1,182 +6.8% | $117,000 +10.5% |
| 2013 | $1,107 | $105,900 -3.3% |
| 2012 | $1,107 | $109,500 +5.1% |
| 2011 | -- | $104,200 -3.2% |
| 2010 | $1,092 | $107,600 |
| 2009 | $1,092 | $107,600 -5.3% |
| 2007 | -- | $113,600 +1.4% |
| 2006 | -- | $112,000 +5.1% |
| 2005 | -- | $106,600 |
| 2004 | -- | $106,600 |
| 2003 | -- | $106,600 +76.8% |
| 2002 | -- | $60,300 +200% |
| 2001 | -- | $20,100 |
| 2000 | -- | $20,100 |
Find assessor info on the county website
Neighborhood: South Franklin
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Nearby schools
GreatSchools rating
- 5/10Bunker Hill Elementary SchoolGrades: K-3Distance: 0.7 mi
- 7/10Franklin Central Junior HighGrades: 7-8Distance: 4.3 mi
- 9/10Franklin Central High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Bunker Hill Elementary School
- 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
$261,700
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Estimated market value
$261,700
- Indiana
- Marion County
- Indianapolis
- 46237
- South Franklin
- 7418 Southern Lakes Dr
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