For Sale22d on market
7230 Indian Lake Rd
Indianapolis, IN, 46236 • 46236 • Marion County
$315,000
$104/sqft
-$5,000 since Mar 27, 2026
Down payment assistance available
3Beds
2Baths
3,030Sqft
0.71 acLot
1954Built
Property DNA
Ranch Style
Built 1954 · 72 years of history
Edgewater Terrace
46236
Outdoor Living
Covered · Deck · Patio
2-Car Garage
Attached
Premium Finishes
Hardwood Floors
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 22 days ago · 4,685 views · 291 saves
Market activity
Demand and pricing signals for this listing
4,685 views
People checking out this listing
291 saves
Buyers have saved this home
22 days on market
Recently listed
$104/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 17% 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 1954
Tucked away in highly sought-after Indian Lake, this 3-bedroom home spans multiple lots-including one that extends 125 feet into the woods-offering incredible privacy right in the middle of the city. Remodeled kitchen features new countertops, backsplash, stainless steel appliances, new tile floors, updated cabinets, hardware and lighting! Additional updates include newer windows, mechanicals, garage door, and a 4-stage water purification system. The basement was professionally waterproofed in 2016 and has tons of open room to finish if you want more living space. Enjoy the outdoors with a spacious backyard complete with a deck, patio, and a firepit tucked into the woods. This is the perfect spot for relaxing evenings surrounded by the natural beauty and wildlife of the Indian Lake area. With no HOA and almost 3/4 acre you will definitely appreciate the extra space and distance from neighbors.
Standout features identified
Our analysis highlights garage door, hardware and lighting, and spans multiple lots as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,973/month
Principal & Interest$1,553
Property Tax$315
Insurance$105
Down payment20% ($63,000)
3%50%
Est. 6.26% rate · 30yr fixed · $252,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1954
HeatingBaseboard, Forced Air, Natural Gas
CoolingCentral Air
Parking2 Attached Garage spaces
Lot0.71 Acres
Days on Zillow22 Days
Price/sqft$104
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
ConditionUpdated/Remodeled
Year built1954
Stories1
Systems
HeatingBaseboard, Forced Air, Natural Gas
CoolingCentral Air
ConstructionStone, Vinyl Siding
Water / SewerPrivate
Parking & Outdoor
ParkingAttached
Garage2 spaces
BasementDaylight,Unfinished
Lot0.71 Acres
Location & Tax
Neighborhood46236
Annual tax$2,710
Parcel490129101004000407
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Interior
Attic Access
Ceiling Fan(s)
Hardwood Floors
High Speed Internet
Smart Thermostat
Appliances
Dishwasher
Electric Water Heater
Disposal
Microwave
Electric Oven
Refrigerator
Water Purifier
Water Softener Owned
Flooring
Hardwood
Heating
Baseboard
Forced Air
Natural Gas
Cooling
Central Air
Laundry
In Basement
Exterior Features
Parking
Attached
Construction
Stone
Vinyl Siding
Patio & Porch
Covered
Deck
Patio
Lot Features
Irregular Lot
Not In Subdivision
Mature Trees
Wooded
Room details
8 rooms detailed
Master Bedroom
Main12×10 ft120 sqft
Bedroom2
Main11×9 ft99 sqft
Bedroom3
Main13×10 ft130 sqft
Bonus Room
Main18×9 ft162 sqft
Dining Room
Main13×9 ft117 sqft
Kitchen
Main14×10 ft140 sqft
Tile-Ceramic
Listing insights
Market data and value estimates
StatusFor Sale
Days on market22
Tax rate0.96%
Price/sqft$104
On marketMar 17, 2026
PostedMar 17, 2026
Last sold$279,000
MLS statusActive
MLS updatedMar 27, 2026
Tour days9
Views4,685
Favorites291
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46236
Price history
11 events
DateEventPrice$/sqftSource
Mar 27, 2026Price Change$315,000$104MIBOR as distributed by MLS GRID
Mar 17, 2026Listed For Sale$320,000$106MIBOR as distributed by MLS GRID
Aug 9, 2024Sold$279,000$92MIBOR as distributed by MLS GRID
Jul 7, 2024Pending Sale$284,000$94MIBOR as distributed by MLS GRID
Jul 5, 2024Listed For Sale$284,000$94MIBOR as distributed by MLS GRID
Jul 21, 2023Sold$255,000$84MIBOR as distributed by MLS GRID
Jun 16, 2023Pending Sale$265,000$87MIBOR as distributed by MLS GRID
Jun 13, 2023Listed For Sale$265,000$87MIBOR as distributed by MLS GRID
Apr 26, 2019Sold$163,300$54MIBOR as distributed by MLS GRID
Apr 3, 2019Pending Sale$158,000$52Keller Williams Indianapolis Metro North
Apr 1, 2019Listed For Sale$158,000$52Keller Williams Indpls Metro N
Price Change$315,000
Mar 27, 2026•$104/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$320,000
Mar 17, 2026•$106/sqft•MIBOR as distributed by MLS GRID
Sold$279,000
Aug 9, 2024•$92/sqft•MIBOR as distributed by MLS GRID
Pending Sale$284,000
Jul 7, 2024•$94/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$284,000
Jul 5, 2024•$94/sqft•MIBOR as distributed by MLS GRID
Sold$255,000
Jul 21, 2023•$84/sqft•MIBOR as distributed by MLS GRID
Pending Sale$265,000
Jun 16, 2023•$87/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$265,000
Jun 13, 2023•$87/sqft•MIBOR as distributed by MLS GRID
Sold$163,300
Apr 26, 2019•$54/sqft•MIBOR as distributed by MLS GRID
Pending Sale$158,000
Apr 3, 2019•$52/sqft•Keller Williams Indianapolis Metro North
Listed For Sale$158,000
Apr 1, 2019•$52/sqft•Keller Williams Indpls Metro N
Tax history
15 years of records
YearTax paidAssessed value
Apr 8, 2024$2,293$248,700
Apr 8, 2023$2,296$211,900
Apr 8, 2022$2,205$208,600
Apr 8, 2021$4,555$198,000
Apr 8, 2020$1,414$202,800
Apr 8, 2019$1,385$141,100
Apr 8, 2018$1,366$138,200
Apr 8, 2017$1,387$136,300
Apr 8, 2016$1,297$131,200
Apr 8, 2014$1,312$130,900
Apr 8, 2013$1,291$130,900
Apr 8, 2012$1,291$128,800
Apr 8, 2011—$102,700
Apr 8, 2010$917$102,700
Apr 8, 2009$815$102,700
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
4621646226462354623646249
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Based on information submitted to the MLS GRID as of 2026-04-08 11:08:11 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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