Sold201d on market
7248 Tarragon Ln
Indianapolis, IN, 46237 • South Perry • Marion County
$350,000
$138/sqft
4Beds
3Baths
2,528Sqft
0.3 acLot
1989Built
Property DNA
Traditional Style
Built 1989 · 37 years of history
Mcfarland Farms
Pool
Outdoor Living
Patio
1 Fireplace
Family Room · Wood Burning
Barn Mini
Barn Mini
2-Car Garage
Attached · Concrete · Garage Door Opener
Premium Finishes
Walk-In Closet(s)
$38/mo HOA
Pool
This home is in high demand
Listed 201 days ago · 34 views · Top 5% likely to sell soon
Market activity
Demand and pricing signals for this listing
34 views
People checking out this listing
201 days on market
Established listing
$138/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 5% 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 1989
Located in popular McFarland Farms, this gorgeous home sits on a fenced generous lot and is close to shopping, restaurants and interstate. The great room invites relaxation and conversation, featuring a vaulted ceiling that amplifies the sense of space. Kitchen looks out over the large yard and features a center island providing ample workspace, shaker cabinets, stainless steel appliances and a new backsplash adding a stylish accent. Natural light pours through the open concept layout. Living room offers a second living space and features a woodburning fireplace and is a perfect space for a cozy evening. Retreat to the primary bedroom, where a fully remodeled ensuite bathroom offers a private oasis with built in shelving and a walk in tiled shower. Beyond the main living areas, this property offers 4 bedrooms and a total of 2.5 bathrooms. A shed provides storage solutions for outdoor equipment and tools. New windows with a lifetime warranty that can be transferred to new owners. New water softener, lighting, fresh paint, Nest and ring components-all you need to do is move in!
Standout features identified
Our analysis highlights woodburning fireplace, fenced generous lot, and primary bedroom as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,230/month
Principal & Interest$1,725
Property Tax$350
Insurance$117
HOA$38
Down payment20% ($70,000)
3%50%
Est. 6.26% rate · 30yr fixed · $280,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1989
HeatingForced Air, Electric
CoolingCentral Air
Parking2 Attached Garage spaces
HOA$450 annually
Lot0.30 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1989
Stories2
Systems
HeatingForced Air, Electric
CoolingCentral Air
ConstructionVinyl With Brick
Water / SewerPublic
Parking & Outdoor
ParkingAttached, Concrete, Garage Door Opener
Garage2 spaces
Fireplaces1
FencingFenced,Full
Lot0.30 Acres
Location & Tax
NeighborhoodSouth Perry
Annual tax$4,458
Parcel491516102050000500
Bathrooms & Fees
Full baths2
HOA$38/mo
Features & details
13 categories of property features
Interior Features
Interior
Attic Access
Cathedral Ceiling(s)
High Ceilings
Walk-In Closet(s)
Entrance Foyer
High Speed Internet
Pantry
Appliances
Dishwasher
Electric Water Heater
Disposal
MicroHood
Electric Oven
Refrigerator
Water Softener Owned
Heating
Forced Air
Electric
Cooling
Central Air
Laundry
Main Level
Fireplace
Family Room
Wood Burning
Windows
Wood Work Painted
Exterior Features
Parking
Attached
Concrete
Garage Door Opener
Construction
Vinyl With Brick
Patio & Porch
Patio
Lot Features
Corner Lot
Curbs
Sidewalks
Mature Trees
Security
Security System Owned
Other Structures
Barn Mini
Room details
10 rooms detailed
Master Bedroom
Upper15×17 ft255 sqft
Bedroom2
Upper12×13 ft156 sqft
Bedroom3
Upper10×13 ft130 sqft
Bedroom4
Upper11×12 ft132 sqft
Breakfast Room
Main11×12 ft132 sqft
Tile-Ceramic
Dining Room
Main12×15 ft180 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market201
Est. value$355,600
Est. rent$2,098/mo
Tax rate0.96%
Price/sqft$138
On marketJul 21, 2025
PostedJul 21, 2025
Last sold$350,000
MLS statusSold
MLS updatedSep 24, 2025
Tour days6
Views34
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
17 events
DateEventPrice$/sqftSource
Sep 19, 2025Sold$350,000$138MIBOR as distributed by MLS GRID
Jul 24, 2025Pending Sale$350,000$138MIBOR as distributed by MLS GRID
Jul 21, 2025Listed For Sale$350,000$138MIBOR as distributed by MLS GRID
Jul 17, 2020Sold$237,000$94MIBOR as distributed by MLS GRID
Jun 9, 2020Pending Sale$239,900$95MIBOR REALTOR Association
Jun 5, 2020Listed For Sale$239,900$95MIBOR REALTOR Association
May 16, 2020Pending Sale$239,900$95MIBOR REALTOR Association
Apr 17, 2020Price Change$239,900$95MIBOR REALTOR Association
Apr 4, 2020Listed For Sale$244,900$97MIBOR REALTOR Association
Oct 10, 2014Sold$172,000$68MIBOR as distributed by MLS GRID
Sep 12, 2014Pending Sale$175,000$69David Brenton's Team
Sep 6, 2014Listed For Sale$175,000$69David Brenton's Team
Sep 5, 2014Pending Sale$175,000$69David Brenton's Team
Jun 14, 2014Price Change$175,000$69David Brenton's Team
Jun 8, 2014Price Change$174,999$69David Brenton's Team
May 17, 2014Listed For Sale$175,000$69David Brenton's Team
Jul 15, 2004Sold$169,900$67Agent Provided
Sold$350,000
Sep 19, 2025•$138/sqft•MIBOR as distributed by MLS GRID
Pending Sale$350,000
Jul 24, 2025•$138/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$350,000
Jul 21, 2025•$138/sqft•MIBOR as distributed by MLS GRID
Sold$237,000
Jul 17, 2020•$94/sqft•MIBOR as distributed by MLS GRID
Pending Sale$239,900
Jun 9, 2020•$95/sqft•MIBOR REALTOR Association
Listed For Sale$239,900
Jun 5, 2020•$95/sqft•MIBOR REALTOR Association
Pending Sale$239,900
May 16, 2020•$95/sqft•MIBOR REALTOR Association
Price Change$239,900
Apr 17, 2020•$95/sqft•MIBOR REALTOR Association
Listed For Sale$244,900
Apr 4, 2020•$97/sqft•MIBOR REALTOR Association
Sold$172,000
Oct 10, 2014•$68/sqft•MIBOR as distributed by MLS GRID
Pending Sale$175,000
Sep 12, 2014•$69/sqft•David Brenton's Team
Listed For Sale$175,000
Sep 6, 2014•$69/sqft•David Brenton's Team
Pending Sale$175,000
Sep 5, 2014•$69/sqft•David Brenton's Team
Price Change$175,000
Jun 14, 2014•$69/sqft•David Brenton's Team
Price Change$174,999
Jun 8, 2014•$69/sqft•David Brenton's Team
Listed For Sale$175,000
May 17, 2014•$69/sqft•David Brenton's Team
Sold$169,900
Jul 15, 2004•$67/sqft•Agent Provided
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$4,017$344,700
Apr 9, 2023$3,699$314,700
Apr 9, 2022$3,217$284,600
Apr 9, 2021$2,907$245,700
Apr 9, 2020$2,900$222,100
Apr 9, 2019$2,514$220,300
Apr 9, 2018$2,458$194,700
Apr 9, 2017$2,464$188,100
Apr 9, 2016$2,305$184,100
Apr 9, 2014$2,171$181,900
Apr 9, 2013$1,997$171,100
Apr 9, 2012$1,997$167,200
Apr 9, 2011—$166,900
Apr 9, 2010$1,801$180,100
Apr 9, 2009$1,543$169,500
Apr 9, 2007—$182,700
Apr 9, 2006—$182,700
Apr 9, 2005—$155,000
Apr 9, 2004—$155,000
Apr 9, 2003—$155,000
Apr 9, 2002—$97,000
Apr 9, 2001—$32,330
Apr 9, 2000—$32,330
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 2026-04-09 01:38:05 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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