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$440,000   Price Analysis
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8827 El Rico Dr
Indianapolis, IN 46240
4 bed 4 bath 2,496 SqFt ($176/SqFt)
0.8 acre lot. Built 1953
Listed 2024-05-16, Taxes $6,005
Ⓧ USDA Ineligible
due to location

near Indianapolis

Welcome to your dream home!

* Sale Pending *

This exquisite traditional American ranch, located in the heart of Washington Township, is a perfect blend of classic charm and modern luxury. Ideally situated close to North Central High School, this property is nestled on a nearly one-acre lot, offering an expansive outdoor oasis for relaxation and recreation. Step inside to discover a fully remodeled interior that boasts elegance and contemporary comfort. The vast layout includes four generously sized bedrooms and three and a half bathrooms, ensuring ample space for family and guests. The master suite is a true retreat with a beautifully appointed en-suite bathroom and large walk-in closet. The fully finished basement extends your living space, provding a versatile area perfect for a home theater, gym or additional family room.

With its own full bathroom, this lower level can easily accommodate guests or function as an in-law suite. Outside, the sprawling backyard is a private paradise. Enjoy summer barbecues on the spacious deck or create your own garden retreat in the lush, manicured grounds. The nearly acre lot offers infinite possibilities for outdoor activities and future expansions. Every detail in this home has been met iculously updated, from the new flooring and modern fixtures to the energy-efficient windows and HVAC system. Located in a highly desirable neighborhood with top-rated schools, shopping and dining nearby, this home offers both tranquility and convenience. Don't miss the opportunity to own this exceptional property - a perfect place to make your home. Schedule your private showing today and experience the best of Indianapolis living!


Presented by Brittany Perry at
F.C. Tucker Company - Keystone at the Crossing.
Listing Agent Photo

Property MLS #21979859 from MIBOR

Bedrooms: 4
Bedrooms On Basement Level: 1
Bedrooms On Main Level: 3
Primary Bedroom Dimensions: 11 x 12
Bedroom 2 Dimensions: 9 x 10
Bedroom 3 Dimensions: 9 x 9
Bedroom 4 Dimensions: 20 x 14
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Bedroom 4 Level: Basement
Primary Bedroom Description: Closet Walk in

Total Rooms: 9
Extra Room-3 Dimensions: 11 x 14
Florida Room Dimensions: 8 x 21
Living Room Dimensions: 10 x 16
Extra Room-3 Level: Basement
Florida Room Level: Main
Living Room Level: Main

Total Bathrooms: 4
Full Bathrooms: 3
1/2 Bathrooms: 1
Full Bathrooms On Main Level: 2
Half Bathrooms On Main Level: 1
Full Bathrooms On Basement Level: 1

Bath Sinks Double Main
Center Island
Eat-in Kitchen
Programmable Thermostat
Walk-in Closet(s)

Dishwasher
Electric Water Heater
MicroHood
Gas Oven
Refrigerator
Wine Cooler

Cooling Features: Central Electric
Fireplace Features: Basement, Family Room, Woodburning Fireplce
Heating Features: Gas
Number of Fireplaces: 2

Dining Area Description: Dining Combo/Kitchen
Dining Room Dimensions: 8 x 9
Dining Room Level: Main
Kitchen Dimensions: 11 x 17
Kitchen Level: Main

Lot Size Acres: 0.8
Lot Size Square Feet: 34848

Garage Spaces: 2
Parking Features: Attached
Garage Sqft: 462

High School District: MSD Washington Township

North Central High School is a public high school located approximately 0.5 miles away.
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Northview Middle School is a public middle school located approximately 0.7 miles away.
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Nora Elementary School is a public elementary school located approximately 1 miles away.
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Colonial Christian School is a private elementary, middle and high school located approximately 1 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Pending
County: Marion
Directions: From Keystone, W on 86th St, N on El Rico. Home on the right.
Tax Year: 2023
Source Property Type: Residential
Area: 4903 - Marion - Washington
Source Neighborhood: El Rico
Parcel Number: 490218121031000800
Postal Code Plus 4: 2022
Subdivision: El Rico
Township: Washington
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$183,800 + $29,300
$213,100
$6,005
2021$183,800 + $29,300
$213,100
$5,709
2020$174,400 + $29,300
$203,700
$6,695
2019$161,600 + $29,300
$190,900
$7,632
2018$151,700 + $29,300
$181,000
$5,023
2017$149,100 + $29,300
$178,400
$6,493
2016$135,600 + $29,300
$164,900
$3,583
2015$128,800 + $29,300
$158,100
$3,274
2014$133,800 + $29,300
$163,100
$3,361
2013$120,500 + $29,300
$149,800
$3,115
2012$104,700 + $29,300
$134,000
$1,120
2011$98,200 + $29,300
$127,500
$973
2010$98,300 + $29,300
$127,600
$874
2008$109,700 + $29,300
$139,000
$893
2008$100,900 + $29,300
$130,200
$893
2006$111,800 + $29,300
$141,100
$1,088

Listed 2024-05-16
$440,000
MIBOR
Sold 2022-10-03
$319,800
Public Record

Total Square Feet Living: 2433
Year Built: 1953
BelowGradeFinishedArea: 1185
Construction Materials: Stone, Vinyl Siding
Foundation Details: Block
Levels: One
Property Age: 71
Total Area Main: 1248
Architectural Style: TraditonalAmerican

Water Source: Private Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.