Off Market1118d on market
8428 Southern Springs Way
Indianapolis, IN, 46237 • South Franklin • Marion County
$277,100
$161/sqft
3Beds
2Baths
1,722Sqft
0.22 acLot
1995Built
Property DNA
Ranch Style
Built 1995 · 31 years of history
Southern Springs
South Franklin
Outdoor Living
Deck
1 Fireplace
Family Room · Wood Burning
2-Car Garage
Attached · Concrete · Garage Door Opener
Premium Finishes
Walk-In Closet(s)
This home is getting attention
Listed 1118 days ago · 7 views
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
1118 days on market
Established listing
$161/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 27% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1995
Wonderful ranch home in desirable Southern Springs neighborhood. Nice curb appeal with fresh landscaping and mature trees. The roof is less than one year old, neutral paint, high, open ceilings and a brand-new kitchen cabinets, countertops and flooring. The spacious great room features a cozy brick fireplace to enjoy a fire on those crisp fall evenings. Step out back and enjoy the firepit or large deck, perfect for entertaining! **Recent interior finish work completed in the kitchen and back deck has a fresh coat of stain. This home is move-in ready!!**
Standout features identified
Our analysis highlights cozy brick fireplace, open ceilings, and mature trees as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,749/month
Principal & Interest$1,366
Property Tax$277
Insurance$92
HOA$13
Down payment20% ($55,420)
3%50%
Est. 6.26% rate · 30yr fixed · $221,680 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1995
HeatingForced Air, Electric
Parking2 Attached Garage spaces
HOA$150 annually
Lot9,583 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1995
Stories1
Systems
HeatingForced Air, Electric
ConstructionBrick, Vinyl Siding
Water / SewerMunicipal/City
Parking & Outdoor
ParkingAttached, Concrete, Garage Door Opener
Garage2 spaces
Fireplaces1
FencingFenced,Fence Full Rear
Lot9,583 sqft
Location & Tax
NeighborhoodSouth Franklin
Annual tax$2,204
Parcel491522117072000300
Bathrooms & Fees
Full baths2
HOA$13/mo
Features & details
11 categories of property features
Interior Features
Interior
Cathedral Ceiling(s)
High Ceilings
Walk-In Closet(s)
Appliances
Dishwasher
Disposal
Electric Oven
Electric Water Heater
Water Softener Owned
Heating
Forced Air
Electric
Laundry
Main Level
Fireplace
Family Room
Wood Burning
Windows
Windows Vinyl
Wood Work Painted
Exterior Features
Parking
Attached
Concrete
Garage Door Opener
Construction
Brick
Vinyl Siding
Patio & Porch
Deck
Lot Features
Corner Lot
Sidewalks
Mature Trees
Security
Security Alarm Paid
Room details
8 rooms detailed
Master Bedroom
Main15×13 ft195 sqft
Carpeting
Bedroom2
Main11×11 ft121 sqft
Carpeting
Bedroom3
Main12×8 ft96 sqft
Carpeting
Other
Main9×6 ft54 sqft
Vinyl
Breakfast Room
Main13×7 ft91 sqft
Laminate
Family Room
Main21×17 ft357 sqft
Carpeting
Listing insights
Market data and value estimates
StatusOff Market
Days on market1118
Est. value$277,100
Est. rent$1,792/mo
Tax rate0.96%
Price/sqft$161
On marketFeb 6, 2023
PostedFeb 6, 2023
Last sold$245,000
MLS statusSold
MLS updatedMar 16, 2023
Tour days6
Views7
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
13 events
DateEventPrice$/sqftSource
Mar 16, 2023Sold$245,000$142MIBOR as distributed by MLS GRID
Feb 6, 2023Pending Sale$255,000$148MIBOR as distributed by MLS GRID
Nov 21, 2022Listing Removed——MIBOR as distributed by MLS GRID
Nov 14, 2022Price Change$255,000$148MIBOR as distributed by MLS GRID
Oct 26, 2022Price Change$258,000$150MIBOR as distributed by MLS GRID
Sep 27, 2022Price Change$265,000$154MIBOR as distributed by MLS GRID
Sep 21, 2022Price Change$269,500$157MIBOR as distributed by MLS GRID
Sep 7, 2022Listed For Sale$270,000$157MIBOR as distributed by MLS GRID
Jul 15, 2019Sold$175,000$102MIBOR as distributed by MLS GRID
Jun 4, 2019Pending Sale$170,000$99Keller Williams Realty Indy Metro South
May 31, 2019Listed For Sale$170,000$99Keller Williams Indy Metro S
Aug 20, 2014Sold$131,000$76MIBOR as distributed by MLS GRID
Jun 30, 2011Sold$130,000$75Public Record
Sold$245,000
Mar 16, 2023•$142/sqft•MIBOR as distributed by MLS GRID
Pending Sale$255,000
Feb 6, 2023•$148/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Nov 21, 2022•MIBOR as distributed by MLS GRID
Price Change$255,000
Nov 14, 2022•$148/sqft•MIBOR as distributed by MLS GRID
Price Change$258,000
Oct 26, 2022•$150/sqft•MIBOR as distributed by MLS GRID
Price Change$265,000
Sep 27, 2022•$154/sqft•MIBOR as distributed by MLS GRID
Price Change$269,500
Sep 21, 2022•$157/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$270,000
Sep 7, 2022•$157/sqft•MIBOR as distributed by MLS GRID
Sold$175,000
Jul 15, 2019•$102/sqft•MIBOR as distributed by MLS GRID
Pending Sale$170,000
Jun 4, 2019•$99/sqft•Keller Williams Realty Indy Metro South
Listed For Sale$170,000
May 31, 2019•$99/sqft•Keller Williams Indy Metro S
Sold$131,000
Aug 20, 2014•$76/sqft•MIBOR as distributed by MLS GRID
Sold$130,000
Jun 30, 2011•$75/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$2,362$257,200
Apr 8, 2023$2,362$236,200
Apr 8, 2022$2,101$236,200
Apr 8, 2021$1,794$210,100
Apr 8, 2020$1,685$179,400
Apr 8, 2019$1,488$168,500
Apr 8, 2018$1,455$148,800
Apr 8, 2017$1,492$142,300
Apr 8, 2016$1,344$140,200
Apr 8, 2014$1,319$131,900
Apr 8, 2013$1,297$125,600
Apr 8, 2012$1,297$129,700
Apr 8, 2011—$135,900
Apr 8, 2010$1,379$137,900
Apr 8, 2009$1,268$126,800
Apr 8, 2007—$139,900
Apr 8, 2006—$137,900
Apr 8, 2005—$121,800
Apr 8, 2004—$121,800
Apr 8, 2003—$121,800
Apr 8, 2002—$68,100
Apr 8, 2001—$22,700
Apr 8, 2000—$22,700
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-08 12:08:17 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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