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$1,300,000   Price Analysis
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7155 E Edgewood Ave
Indianapolis, IN 46239
5 bed 5 bath 6,100 SqFt ($213/SqFt)
5.42 acre lot. Built 1985
Listed 2024-05-13, Taxes $8,856
Ⓧ USDA Ineligible
due to price & location

near Indianapolis

What a fantastic opportunity with this roomy 5 bedroom estate home situated on 5.42 gorgeous acres!

With nearly 6800 SF, this home offers an impressive 30x30 exceptional room featuring a soaring 18 foot ceiling and a grand dining room with custom, built in cabinetry and fireplace. The kitchen has a center island cooktop, drink cooler, double oven and vaulted ceiling. The main floor master bedroom has a knock out master bath with expansive his and hers vanities, giant soaking tub, walk-in shower with dual shower heds plus huge walk-in closet. The upper level features 4 additional bedrooms and 2 full baths. The walk out basement with full daylight windows provides additional living/entertaining space as well as an indoor swim spa.

The hom e has 2 HVAC systems for efficient heating and cooling. Additional features include covered front porch, large mud room, laundry room with countertops and storage, walk-in pantry and half bath with direct access to pool and rear yard. Enjoy your own backyard oasis with the large heated, in ground swimming pool, abundant deck space or cozy, shaded porch of the pool shed. The sprawling lot provides mature trees, large landscape beds, a pond, lighted basketball/sport court and a large tillable area suitable for a garden. Additional parking spots along the drive make large gatherings a breeze for guests. Spacious 3 car garage plus floored walk up attic space for additional storage.


Presented by Liz Grimes at
Hoosier, Realtors®.
Listing Agent Photo

Property MLS #21979021 from MIBOR

Bedrooms: 5
Bedrooms On Main Level: 1
Bedrooms On Upper Level: 4
Primary Bedroom Dimensions: 15 x 14
Bedroom 2 Dimensions: 24 x 12
Bedroom 3 Dimensions: 16 x 10
Bedroom 4 Dimensions: 12 x 10
Bedroom 5 Dimensions: 11 x 10
Primary Bedroom Level: Main
Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Bedroom 4 Level: Upper
Bedroom 5 Level: Upper
Primary Bedroom Description: Closet Walk in

Total Rooms: 14
Basement Features: Daylight/Lookout Windows, Egress Window(s), Finished, Walk Out
Exercise Room Dimensions: 20 x 9
Florida Room Dimensions: 16 x 16
Great Room Dimensions: 30 x 30
Mud Room Dimensions: 14 x 12
Exercise Room Level: Basement
Florida Room Level: Main
Great Room Level: Main
Mud Room Level: Main

Total Bathrooms: 5
Full Bathrooms: 3
1/2 Bathrooms: 2
Full Bathrooms On Main Level: 1
Half Bathrooms On Main Level: 1
Half Bathrooms On Basement Level: 1
Full Bathrooms On Upper Level: 2

Attic Access
Raised Ceiling(s)
Vaulted Ceiling(s)
Center Island
Entrance Foyer
Pantry
Walk-in Closet(s)

Electric Cooktop
Dishwasher
Microwave
Oven
Double Oven
Refrigerator
Laundry Features: Main Level

Cooling Features: Central Electric
Fireplace Features: Woodburning Fireplce
Heating Features: Gas, Heat Pump
Number of Fireplaces: 1

Dining Area Description: Dining Combo/Kitchen, Formal Dining Room
Dining Room Dimensions: 22 x 17
Dining Room Level: Main
Kitchen Dimensions: 24 x 13
Kitchen Level: Main

Basketball Court
Storage Shed
Patio And Porch Features: Covered Porch, Deck Main Level, Glass Enclosed, Multiple Decks

Pool Features: Heated, Liner, Outdoor Pool, Indoor, Pool/Spa Combo
Pool Private: Yes

Pond

Lot Size Acres: 5.42
Lot Size Square Feet: 236095

Garage Spaces: 3
Parking Features: Attached

High School: Franklin Central High School
High School District: Franklin Township Com Sch Corp
Middle School: Franklin Central Junior High

Franklin Central High School is a public high school located approximately 1.3 miles away.
directions icon Map directions

Edgewood Intermediate School is a public elementary school located approximately 0.5 miles away.
directions icon Map directions

Lutheran High School is a private high school located approximately 1.3 miles away.
directions icon Map directions

Franklin Central Junior High is a public middle school located approximately 3.2 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Marion
Directions: From Five Points Rd and Edgewood Ave, head East on Edgewood to property on South side of the street. You will have to go around the detour/construction signs to get to the driveway.
Tax Year: 2023
Source Property Type: Residential
Area: 4906 - Marion - Franklin
Source Neighborhood: 4906 - Marion - Franklin
Parcel Number: 491512103010000300
Postal Code Plus 4: 9636
Township: Franklin
Property Subtype: Single Family Residence
Lot Number: 49-15-12-103-010.000-300
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$608,700 + $63,200
$671,900
$8,856
2021$608,700 + $63,200
$671,900
$8,328
2020$551,900 + $57,600
$609,500
$7,536
2019$552,200 + $52,600
$604,800
$7,513
2018$552,300 + $52,600
$604,900
$7,505
2017$500,200 + $52,600
$552,800
$6,908
2016$489,500 + $52,600
$542,100
$6,791
2015$467,100 + $52,600
$519,700
$6,213
2014$457,600 + $52,600
$510,200
$6,092
2013$457,600 + $50,500
$508,100
$6,048
2012$456,200 + $50,500
$506,700
$6,138
2011$461,300 + $50,500
$511,800
$6,259
2010$461,300 + $50,500
$511,800
$6,260
2008$480,200 + $50,500
$530,700
$10,045
2008$461,300 + $50,500
$511,800
$10,045
2006$545,200 + $50,500
$595,700
$10,288

Listed 2024-05-13
$1,300,000
MIBOR
Listing removed 2024-05-11
$1,400,000
MIBOR
Listed 2023-10-28
$1,400,000
MIBOR

Total Square Feet Living: 6100
Year Built: 1985
BelowGradeFinishedArea: 2016
Construction Materials: Brick, Wood
Direction Faces: North
Foundation Details: Concrete Perimeter
Levels: Two
Property Age: 39
Total Area Main: 3308
Total Area Upper: 776
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.