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  • Price increase: $1.5M (8/5)
    $2,000,000

    7740 W 88th St, Indianapolis, IN 46278

    1beds
    200sqft
    : 
    $12,815/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1964
    12.81 Acres Lot
    $-- Zestimate®
    $10,000/sqft
    $-- HOA

    What's special

    Sweeping elevated viewsNatural characterOpen natural viewsNatural beautyNatural walkout lower levelDramatic elevation changesPrivacy here is permanent
    Finding 12.8 acres of genuinely rolling undulating land in central Indiana is rare - finding it in Traders Point is even rarer. This parcel offers dramatic elevation changes and natural character that simply don't exist on most lots in the region, giving you a foundation for a custom home that feels truly set apart. The terrain opens up possibilities that flat land can't offer - sweeping elevated views, a natural walkout lower level, a winding drive through mature landscape. Your home can be designed to rise with the land and take full advantage of every contour. Privacy here is permanent. The neighboring property will remain undeveloped, ensuring that the open, natural views surrounding this lot will never be interrupted by a rooftop or a fence line. What you see today is what you'll have for good. Traders Point is one of Indianapolis's most coveted addresses - known for its spacious estates, equestrian heritage, outstanding dining and retail, and quick access to I-465 and downtown. This lot delivers all of that, on a piece of land with natural beauty that's genuinely difficult to replicate anywhere in the metro. Randy Shaffer Homes is the exclusive builder on this parcel. Known for custom homes that are thoughtfully designed and meticulously built, they'll work with you from first sketch to final detail to create a home worthy of the setting.
    147 days
    450
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim O'Connor 317-590-3785,

    Berkshire Hathaway Home,

    Joseph Gaines

    Source: MIBOR as distributed by MLS GRID,MLS#: 22094248MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Other
      • Features: Tile-Ceramic
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Dining room
      • Level: Upper
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Kitchen
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Laundry
      • Level: Upper
      • Area: 120 Square Feet
      • Dimensions: 12x10
      Living room
      • Level: Main
      • Area: 4 Square Feet
      • Dimensions: 2X2
      Heating
      • None
      Cooling
      • None
      Appliances
      • Included: None
      Features
      • Attic Access
      • Has basement: No
      • Attic: Access Only
      Interior area
      • Total structure area: 200
      • Total interior livable area: 200 sqft

      Property

      Features
      • Levels: Other
      Lot
      • Size: 12.81 Acres
      Details
      • Parcel number: 490416120001000600
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Residential, Single Family Residence
      Materials
      • Brick
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Water: Private

      Community & HOA

      Community
      • Subdivision: No Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $10,000/sqft
      • Tax assessed value: $335,300
      • Annual tax amount: $7,790
      • Date on market: 4/11/2026
      • Cumulative days on market: 151 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/5/2026Price change$2,000,000+263.6%$10,000/sqft
        Source: MIBOR as distributed by MLS GRID #22094248 Report a problem
        4/11/2026Listed for sale$550,000$2,750/sqft
        Source: MIBOR as distributed by MLS GRID #22094248 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,791 +21.9%$335,300 -3.6%
        2024$6,392 +99.4%$347,800 +8.8%
        2023$3,206 +20.2%$319,600 +0.1%
        2022$2,667 +0.4%$319,200 +20.2%
        2021$2,656 +9.9%$265,500 +0.4%
        2020$2,417 +8.3%$264,400 +10.1%
        2019$2,231 +2.8%$240,200 +8.4%
        2018$2,170 -5.7%$221,600 +4.5%
        2017$2,301 +11.1%$212,100 +2.8%
        2016$2,072 -0.8%$206,400 -0.2%
        2014$2,088 -7.7%$206,900 +0.1%
        2013$2,261 $206,700 -1.3%
        2012$2,261 $209,500 +3.7%
        2011-- $202,100 -2.7%
        2010$2,122 +0.8%$207,800 -1.7%
        2009$2,106 $211,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Trader's Point

        Getting around

        3 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Pike Central Middle School
        • High: Pike 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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