See Home Value
Lawrence 46236 Lawrence
7860 Indian Lake Road
$891,000 - $1,087,000
House - Off Market

7860 Indian Lake Road

Indianapolis, IN 46236
bedrooms
4 Beds
bathrooms
7 Baths, 3 Half Baths
square feet
7598 Sqft
Sold Feb 02, 2024
$811,300
$610,000 by First Option Mortgage, Llc
Mortgage Due Feb 01, 2054
Sold Dec 09, 2010
$203,000
$162,405 by Finance Center Federal Credit
Mortgage Due Sep 03, 2035

About This Property

Looking for acreage? Check out this beautiful custom lodge-style home sitting on just  4 acres in Indy. Gorgeous views, w/lots of privacy in this 4BR, 4FB, 3HB, 4+ car gar home. Features include: gourmet kitchen, sunroom, main floor master suite w/fireplace, deck, great rm w/30 ft ceiling w/fireplace, lg loft w/deck, bonus rm (possible mothers' quarters), lg BRs w/wics, walk-out bsmt w/bar, patio, bath, fireplace, game rm, family rm, pool table & foosball table included. Enjoy relaxing in hot tub or on one of many decks. Designed to have an in-ground pool. Home has 3 furnaces, 3 AC units, hwd flooring, granite counters, updates throughout, lighting, new carpet, paint, 2 New water heaters, exterior staining, driveway seal, roof tune up.

The manager has listed the unit size as 7598 square feet.
Unit Size
7,598Ft²
Days on Market
-
Land Size
3.89 acres
Price per sqft
$130
Property Type
House
Property Taxes
$938
HOA Dues
-
Year Built
2000

Price History

Date / Event Date Event Price
Feb 2, 2024 No longer available -
No longer available
Dec 15, 2023 In contract -
In contract
Nov 25, 2023 Price Decreased $989,000
↓ $50K (4.8%)
Price Decreased
Oct 3, 2023 Price Decreased $1,039,000
↓ $50K (4.6%)
Price Decreased
Sep 15, 2023 Price Decreased $1,089,000
↓ $46K (4.1%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 21
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,803
  • Garage Type: Attached
  • Garage Square Area: 1,050
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 166,573
  • Lot Size Depth Feet: 4,640
  • Lot Size Frontage Feet: 7,180
  • Total Building Area: 9,165
  • Gross Building Area: 9,165
  • Building Area: 7,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,664
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: FALL CREEK HIGHLANDS SEC 2
  • Land Acres: 3.824
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: FALL CRK HIGHLANDS SEC 2 L28

Ownership

  • Current Owner : GILLETTE KATHRYN J
  • Previous Owner : RHODES AMY
  • Previous Owner 2: RHODES DAVID
  • Owner Before Previous Owner: WISNEWSKI AMY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence Township Metropolitan School District
  • Census Tract: 330204

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2014-B7
  • District: 0004
  • Section: 290
  • Parcel: 49-01-29-122-051.000-407
  • Lot: 28
  • Municipality: LAWRENCE TOWNSHIP
  • Latitude: 39.8977
  • Longitude: -85.9872

    Address

  • Full Address: 7860 Indian Lake Rd
  • Address - House Number: 7860
  • Address - Street Name: Indian Lake
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R059
  • 4-Digit Zip Code: 9524
  • Zip Code: 46236

Valuation

    Tax

  • Total Area: 8,115
  • Tax Year: 2022
  • Tax Amount: $11,642
  • Tax Rate Code Area: 407

    Appraisal Valuation

  • Standard Deviation: 0.2077
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 1,080,821
  • High Value: 1,305,353
  • Low Value: 856,289

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $610,000
  • First Open Lien Mortgage Lender: FIRST OPTION MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Feb 02, 2024
  • First Open Lien Mortgage Loan Amount: $610,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Market Valuation

  • Market Total Value: $1,004,900
  • Market Land Value: $54,600
  • Market Improvement Value: $950,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,004,900
  • Assessed Land Value: $54,600
  • Assessed Improvements Value: $950,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Transaction ID: 11920448988
  • Current Sale Price: $811,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8232
  • Previous Sale Recording Date: Dec 09, 2010
  • Previous Sale Contract Date: Sep 03, 2010
  • Previous Sale Amount: $203,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FIRST OPTION MORTGAGE, LLC
  • First Mortgage Transaction Date: Feb 02, 2024
  • First Mortgage Loan Amount: $610,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE CENTER FEDERAL CREDIT
  • Previous Mortgage Transaction Date: Dec 09, 2010
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $162,405
  • Previous Mortgage Term: 296
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Sep 03, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lawrence


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Frequently Asked Questions

When was property at 7860 Indian Lake Road built and last sold?
The property at 7860 Indian Lake Road was built in 2000 and last sold on Jan 26, 2024 for $811,300.
How much is this home worth?
The estimated value of the home located at 7860 Indian Lake Road is $996,159.
What are some comparable homes to 7860 Indian Lake Road?
There are currently no comparable homes to 7860 Indian Lake Road.

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