OFF MARKET

Off market oct 2024 for $340K

$385,871

•

1,872

sq ft

640 N Peterman Rd, Greenwood, IN 46142

About this home

3-acre homesite located in the heart of Center Grove. Beautiful home with nature surrounding. Parcel has mix of blooming mature trees, wide open spaces, wooded tree lines, lush landscaping, and bubbling creek running along the back. Buyers will love the space with no HOA and limited restrictions on building. Large storage building with room for another pole barn, inground pool or second structure. Amazing access to schools, shopping, downtown Greenwood, parks, nearby amenities. Incredibly maintained home with updates throughout. Newer interior paint, carpet on main level, dimensional roof (2018), finished garage (2024), porch/sidewalk/chimney (2019), replacement windows/doors. Stunning Kitchen renovation includes HanStone quartz countertops, new cabinets, GFCI outlets, tiled backsplash, recessed lighting, pantry, and appliances. Great Room features large bay window and wood burning fireplace. Full Bathrooms on each level. Spacious Master Bedroom Suite with walkout balcony. This rare opportunity is a must see!

Single-familyProperty Type

1974Year Built

3.06 acresLot Size

$206Est. Price/Sq.Ft.

2 car garageParking

Listed by Chris Price • Keller Williams Indy Metro Partners

Contact: chrisprice@indypropertysource.com

Bought with Lindsay Sears • Compass Indiana, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21993472

Redfin Estimate

$385,871

$46K since sold in October 2024$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.2% higher than the average sale price ($341K) of 6 comparable homes.

SOLD SEP 4, 2026
$402,138
A
3 beds2 baths1,777 sq ft
836 W County Line Rd, Indianapolis, IN 46217
SOLD AUG 14, 2026
$361,000
B
3 beds2 baths1,930 sq ft
3986 Creekwood Dr, Greenwood, IN 46142
SOLD AUG 28, 2026
$320,000
C
3 beds2 baths1,684 sq ft
4233 W Fairview Rd, Greenwood, IN 46142
SOLD JUL 16, 2026
$390,000
D
3 beds2 baths1,715 sq ft
363 Shadow Hill Dr, Greenwood, IN 46142
SOLD JUL 13, 2026
$287,000
E
3 beds2 baths1,856 sq ft
125 N Windmill Trl, Greenwood, IN 46142
SOLD AUG 20, 2026
$285,000
F
3 beds2 baths1,545 sq ft
4078 W Fairview Rd, Greenwood, IN 46142

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Earn from this home

Sell

$99,637

Est. take-home

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Rent

$2,038/mo

Redfin rental estimate

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Market trends in 46142, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.2%

+0.3% MoM

Median sale price

$315K

$3K MoM

Avg. days on market

15d

4 days MoM

Recently sold homes

120

21 MoM

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See all

Provided by Redfin

Sale history for 640 N Peterman Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21993472

Oct 28, 2024

Sold

$340,000

$182/sq ft

Oct 2, 2024

Pending

—

Sep 10, 2024

Price Changed

$350,000

$187/sq ft

Aug 21, 2024

Price Changed

$375,000

$200/sq ft

Aug 5, 2024

Listed

$395,000

$211/sq ft

MIBOR as Distributed by MLS Grid #2423895

Oct 28, 2004

Listing Removed

—

Apr 29, 2004

Listed

$189,900

$101/sq ft

MIBOR as Distributed by MLS Grid #2445324

Aug 9, 2004

Listed

$179,900

$96/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2024

$2,743 (+15.0%)

$76,800 + $208,100

$284,900

2023

$2,385 (−5.0%)

$76,800 + $193,300

$270,100

2022

$2,511 (+15.0%)

$76,800 + $166,500

$243,300

2021

$2,185 (+11.4%)

$76,800 + $166,500

$243,300

2020

$1,960 (+3.2%)

$77,500 + $146,100

$223,600

2019

$1,900 (+2.5%)

$77,500 + $130,300

$207,800

2018

$1,854 (+3.7%)

$77,500 + $123,400

$200,900

2017

$1,787 (+2.1%)

$77,500 + $116,600

$194,100

2016

$1,751 (+9.7%)

$77,500 + $115,200

$192,700

2015

$1,595 (−5.2%)

$77,500 + $115,200

$192,700

2014

$1,683 (+3.8%)

$77,500 + $103,300

$180,800

2013

$1,622

$77,500 + $104,800

$182,300

Tax history for 640 N Peterman Rd

Year

Property tax

Land + Additions

Assessment*

2024

$2,743 (+15.0%)

$76,800 + $208,100

$284,900

2023

$2,385 (−5.0%)

$76,800 + $193,300

$270,100

2022

$2,511 (+15.0%)

$76,800 + $166,500

$243,300

2021

$2,185 (+11.4%)

$76,800 + $166,500

$243,300

2020

$1,960 (+3.2%)

$77,500 + $146,100

$223,600

2019

$1,900 (+2.5%)

$77,500 + $130,300

$207,800

2018

$1,854 (+3.7%)

$77,500 + $123,400

$200,900

2017

$1,787 (+2.1%)

$77,500 + $116,600

$194,100

2016

$1,751 (+9.7%)

$77,500 + $115,200

$192,700

2015

$1,595 (−5.2%)

$77,500 + $115,200

$192,700

2014

$1,683 (+3.8%)

$77,500 + $103,300

$180,800

2013

$1,622

$77,500 + $104,800

$182,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3.06 Acres

Year renovated

1974

Sq. Ft.

1,872

Year built

1974

Style

Single Family Residential

County

Johnson County

APN

410327041031000038

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 8, 2026.

R-2

Single-Family Residential District

The purpose of the R-2, Single-Family Residential District is to provide for residential development at an average density of three and one-half dwelling units per acre. Development of major subdivisions in the R-2 District shall be limited to sites served by public sanitary sewer systems. They should be limited to sites which are located adjacent to major collectors, minor arterials, or major arterials, as defined in the Johnson County Comprehensive Plan Update; and are generally best located immediately adjacent to R-1, R-2, or R-3 Residential Districts.

Property details

Parking

Parking Information
Garage SqFt: 484
Garage Parking Other: Finished Garage,Garage Door Opener,Service Door,Other
Parking Features: Attached, Asphalt, Garage Door Opener, Storage, Workshop in Garage, Other
Garage Spaces: 2
Has Garage

Interior

Virtual Tour
Interactive Virtual Tour URL: https://Keller-Williams-Realty---The-Indy-Property-Source.vr-360-tour.com/e/h-wBkRFO8Ew/e

Interior Sq. Ft. Information
Building Area Total: 1872
Living Area: 1872
Main Level Sq. Ft.: 1342
Upper Level Sq. Ft.: 530

Bedroom Information
Primary Bedroom Description: Balcony,See Remarks
# of Upper Bedrooms: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Upper): 1
# of Full Baths (Main): 1
Full Baths MU: 2
Full Bathrooms MU: 2

Room 1 Information
Room Type: Great Room
Room Features: Carpet
Room Dimensions: 25x12
Room Level: Main

Room 2 Information
Room Type: Foyer
Room Features: Carpet
Room Dimensions: 8X4
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 12X10
Room Level: Main

Room 4 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 15x13
Room Level: Main

Room 5 Information
Room Type: Breakfast Room
Room Features: Vinyl
Room Dimensions: 12X10
Room Level: Main

Room 6 Information
Room Features: Carpet
Room Dimensions: 20X12
Room Level: Upper

Room 7 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Upper

Room 8 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12X10
Room Level: Upper

Other Rooms Information
Rooms Upper: 3
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 8

Laundry Room Information
Laundry Features: Main Level, Other

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Blower Fan, Great Room, Masonry, Woodburning Fireplce, Other

Heating & Cooling
Heating Information: Forced Air, Gas
Cooling Information: Central Electric

Interior Features
Interior Features: Attic Access, Hardwood Floors, Eat-in Kitchen, Pantry, Screens Complete, Supplemental Storage, Windows Vinyl, Windows Wood
Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Laundry Connection in Unit, MicroHood, Microwave, Gas Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
Areas Interior: Laundry in Unit,Living Room Formal,Utility Room,Other

Exterior

Exterior Features
Patio And Porch Features: Deck Main Level, Deck UP, Multiple Decks, Open Patio, Porch Open
Exterior Features: Balcony, Barn Pole, Barn Storage, Storage Shed, Other
Fence YN: No

Waterfront Information
On Waterfront
Waterfront Features: Creek, Stream, Water View, Waterfront

Farm Information
Horse Amenities: Barn, Pasture, See Remarks

Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
Property Condition: Updated/Remodeled
Has View
Property Sub Type: Single Family Residence

Land Information
Acres: 3-5 Acres

Lot Information
Lot Size Acres: 3.06
Lot Features: Not In Subdivision, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Municipal/City
Electric: 200+ Amp Service, Circuit Breakers
Utilities: Cable Available, Electricity Connected, Gas, Septic System, Water Connected
Solid Waste Information: No

Location

School Information
Elementary School: Pleasant Grove Elementary School
Middle Or Junior High School: Center Grove Middle School North
High School: Center Grove High School
High School District: Center Grove Community School Corp

Location Information
Directions: From West Fairview Road, turn North on County Road 400 West/Peterman Road. Property will be on the left, after Woodmore Drive.
Tax Legal Description: Pt Se 1/4 S27 T14 R3

Community Information
Low Maintenance Lifestyle YN: No

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,872
Stories: 2.0
Lot Size: 3.06 acres
Style: Single Family Residential
Year Built: 1974
Year Renovated: 1974
County: Johnson County
APN: 410327041031000038

Home facts updated by county records on Jul 8, 2026

Other

Listing Information
Attribution Contact: chrisprice@indypropertysource.com

Green Information
Green Certification YN: No
Direction Faces: East

Home Information
Foundation Details: Crawl Space, Block
Construction Materials: Vinyl Siding
Levels: Two

Around this home

Schools

Pleasant Grove Elementary School

Public PreK-5 • Assigned • 1.2mi

6/10

Center Grove Middle School North

Public 6-8 • Assigned • 1.3mi

8/10

Center Grove High School

Public 9-12 • Assigned • 3.5mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

8/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Greenwood, IN • 46142

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$367,000 – $444,000

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Home values near 640 N Peterman Rd

Data from public records.

Address	Redfin Estimate
770 N Peterman Road, Greenwood, IN 4 Beds \| 3 Baths \| 2364 Sq. Ft.	$559,491
676 N Peterman Road, Greenwood, IN 3 Beds \| 2 Baths \| 936 Sq. Ft.	$258,554

Address	Redfin Estimate
580 N Peterman Road, Greenwood, IN 4 Beds \| 4 Baths \| 2876 Sq. Ft.	$643,857
550 N Peterman Road, Greenwood, IN 3 Beds \| 1 Baths \| 2732 Sq. Ft.	$338,065

Address	Redfin Estimate
755 N Peterman Road, Greenwood, IN 3 Beds \| 2 Baths \| 1492 Sq. Ft.	$287,904
688 N Peterman Road, Greenwood, IN 3 Beds \| 2 Baths \| 1404 Sq. Ft.	$314,752

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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