Sold312d on market
8417 Southern Springs Way
Indianapolis, IN, 46237 • South Franklin • Marion County
$286,000
$160/sqft
3Beds
2Baths
1,784Sqft
0.14 acLot
1996Built
Property DNA
Ranch Style
Built 1996 · 30 years of history
Southern Springs
Maintenance · Insurance
Outdoor Living
Covered
1 Fireplace
Double Sided
Storage
Storage
2-Car Garage
Attached · Concrete
Premium Finishes
Walk-In Closet(s)
$23/mo HOA
Maintenance · Insurance
This home is getting attention
Listed 312 days ago · 12 views
Market activity
Demand and pricing signals for this listing
12 views
People checking out this listing
312 days on market
Established listing
$160/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 34% 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 1996
This custom built ranch is truly an open concept home, offering an inviting ambiance along with modern upgrades. The expansive living room, with its vaulted ceiling and 2 sided fireplace, creates an inviting atmosphere. The kitchen with it's enormous island, is spacious and functional and perfect for everyday cooking and gatherings. The bank of windows in the den fills the area with natural light and the entire space is streamlessly tied together with the updated flooring. The spacious primary bedroom features a sizable walk in closet and ensuite bathroom. Two additional bedrooms provide plenty of room for your needs. There is also a wall of closet for your storage needs and a built-in vacuum system. Enjoy the peaceful solitude of your backyard on the enormous deck overlooking the pond and the common area. The roof, gutter and HVAC have just been replaced and the water heater is only 2 years old. Minutes from Greenwood Mall and I-65 and in a highly rated 4 star school system.
Standout features identified
Our analysis highlights enormous deck, bank of windows, and natural light as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,814/month
Principal & Interest$1,410
Property Tax$286
Insurance$95
HOA$23
Down payment20% ($57,200)
3%50%
Est. 6.26% rate · 30yr fixed · $228,800 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1996
HeatingForced Air
Parking2 Attached Garage spaces
HOA$275 annually
Lot6,098 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
ConditionUpdated/Remodeled
Year built1996
Stories1
Systems
HeatingForced Air
ConstructionVinyl With Brick
Water / SewerMunicipal/City / Septic Tank
Parking & Outdoor
ParkingAttached, Concrete
Garage2 spaces
Fireplaces1
Lot6,098 sqft
Location & Tax
NeighborhoodSouth Franklin
Annual tax$2,752
Parcel491522107050000300
Bathrooms & Fees
Full baths2
HOA$23/mo
Features & details
12 categories of property features
Interior Features
Interior
Attic Pull Down Stairs
High Ceilings
Kitchen Island
Central Vacuum
Pantry
Supplemental Storage
Walk-In Closet(s)
Appliances
Dishwasher
Disposal
Microwave
Electric Oven
Refrigerator
Water Softener Owned
Heating
Forced Air
Laundry
Laundry Room
Fireplace
Double Sided
Windows
Windows Vinyl
Exterior Features
Parking
Attached
Concrete
Construction
Vinyl With Brick
Patio & Porch
Covered
Lot Features
Rural - Subdivision
Utilities
Sewer Connected
Other Structures
Storage
Room details
8 rooms detailed
Master Bedroom
Main20×12 ft240 sqft
Carpet
Bedroom2
Main11×10 ft110 sqft
Carpet
Bedroom3
Main12×12 ft144 sqft
Carpet
Dining Room
Main12×19 ft228 sqft
Laminate
Kitchen
Main15×13 ft195 sqft
Laminate
Laundry
Main8×7 ft56 sqft
Vinyl
Listing insights
Market data and value estimates
StatusSold
Days on market312
Est. value$293,300
Est. rent$1,791/mo
Tax rate0.96%
Price/sqft$160
On marketMar 11, 2025
PostedMar 11, 2025
Last sold$286,000
MLS statusSold
MLS updatedJun 4, 2025
Tour days6
Views12
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
5 events
DateEventPrice$/sqftSource
May 30, 2025Sold$286,000$160MIBOR as distributed by MLS GRID
Apr 29, 2025Pending Sale$286,000$160MIBOR as distributed by MLS GRID
Apr 14, 2025Price Change$286,000$160MIBOR as distributed by MLS GRID
Mar 11, 2025Listed For Sale$290,000$163MIBOR as distributed by MLS GRID
Jun 17, 2011Sold$134,000$75MIBOR as distributed by MLS GRID
Sold$286,000
May 30, 2025•$160/sqft•MIBOR as distributed by MLS GRID
Pending Sale$286,000
Apr 29, 2025•$160/sqft•MIBOR as distributed by MLS GRID
Price Change$286,000
Apr 14, 2025•$160/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$290,000
Mar 11, 2025•$163/sqft•MIBOR as distributed by MLS GRID
Sold$134,000
Jun 17, 2011•$75/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$4,726$258,500
Apr 8, 2023$2,365$236,300
Apr 8, 2022$4,221$236,300
Apr 8, 2021$3,483$211,000
Apr 8, 2020$1,657$174,100
Apr 8, 2019$1,451$165,500
Apr 8, 2018$1,411$144,900
Apr 8, 2017$1,478$137,700
Apr 8, 2016$1,355$138,600
Apr 8, 2014$1,312$128,200
Apr 8, 2013$2,538$121,500
Apr 8, 2012$2,538$126,100
Apr 8, 2011—$132,900
Apr 8, 2010$1,388$135,000
Apr 8, 2009$1,268$123,400
Apr 8, 2007—$137,200
Apr 8, 2006—$135,100
Apr 8, 2005—$118,100
Apr 8, 2004—$106,100
Apr 8, 2003—$106,100
Apr 8, 2002—$61,300
Apr 8, 2001—$20,430
Apr 8, 2000—$20,430
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 15:23:04 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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