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Indianapolis, IN, 46240 • Clearwater • Marion County
$228/sqft
5Beds
4Baths
4,410Sqft
0.65 acLot
1967Built
Cape Cod,Traditional Style
Built 1967 · 59 years of history
Graves Sylvan Ridge
Clearwater
Outdoor Living
Covered · Patio
2 Fireplaces
Family Room · Gas Log · Living Room
2-Car Garage
Attached · Asphalt
Premium Finishes
Walk-In Closet(s)
Demand and pricing signals for this listing
55 views
People checking out this listing
224 days on market
Established listing
$228/sqft
Price per square foot
Single Family · Built 1967
Located in the highly coveted Sylvan Ridge neighborhood, this stunning cape cod residence has been completely transformed by Monarch Homes, LLC with high-end finishes and a classic style. This remodel has been taken down to the studs and every mechanical system has been replaced and upgraded. It showcases a brilliant new floorplan and a spacious addition, expanding the home to over 4,400 square feet. Featuring 5 bedrooms and 3.5 bathrooms, there's plenty of room for everyone. As you step inside, you'll be greeted by a welcoming foyer that opens up to beautifully lit living spaces. The kitchen is a showstopper with fully custom inset cabinetry, large island, designer lighting, top-of-the-line appliances, and quartz countertops. The rest of the main floor features a living room with custom built-ins and wood burning fireplace, and an office or separate living space with coordinating french pocket doors and gas burning fireplace with marble surround and custom-built mantle. Upstairs, the primary suite addition offers privacy and comfort with a vaulted ceiling and dormers, making it feel spacious and bright. The all-marble primary bathroom features a wet room with dual shower heads and a soaking tub. Finally, the fully custom walk-in closet includes plenty of space, as well as a laundry tower for added convenience. Upstairs you'll also find 3 other bedrooms and a full bathroom. In the basement there's a large flex space, a bedroom with egress window, and a full bathroom. Outside, the spacious back yard has a new stamped concrete patio with firepit and is the perfect spot to relax or entertain. The back yard is now fully enclosed with a brand new fence and handy remote or keypad operated gate for added privacy and peace of mind.
Standout features identified
Our analysis highlights wood burning fireplace, beautifully lit living spaces, and quartz countertops as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $804,000 loan
Full calculator →Key facts and listing details
13 categories of property features
12 rooms detailed
Master Bedroom
UpperBedroom2
UpperBedroom3
UpperBedroom4
UpperBedroom5
BasementDining Room
MainMarket data and value estimates
3 schools rated nearby
Indianapolis, IN, 46240
15 events
23 years of records
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-09 17:58:15 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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