Welcome to this beautifully updated ranch-style 3-bedroom, 2-full-bath home with an updated kitchen featuring new appliances, granite countertops, and a center island. The primary bedroom includes a private full bath. The living room, dining area, and family room provide an open combined living space with a fireplace. An all-season sunroom adds additional year-round living space and leads to the back deck and backyard. Storage shed located in the back yard. The utility/laundry room is conveniently located just off of the kitchen area. Vinyl and stone exterior with an attached 2-car garage. Convenient layout with multiple living areas. Roof is new.
Single-familyProperty Type
1988Year Built
10,280 sq ftLot Size
$149Price/Sq.Ft.
2 car garageParking
Listed by Samantha Huesman• Pillario Property Management LLC
Discover a "fixer upper" that can become a truly inviting home or a fantastic investment opportunity. Built in 1988, this single-family residence offers 1676 square feet of comfortable living space, ready for you to flip or make it your own. The heart of this home is its kitchen, designed for both everyday meals and entertaining. It features a functional island, providing additional prep space and a natural gathering point. With three bedrooms and two full bathrooms, a family room with a fireplace for a focal point and a three-season room with lots of deck space outside, this single-story ranch-style home provides ample space for relaxation and privacy. The attached garage adds convenience and secure parking. Situated on a generous lot with plenty of outdoor space to enjoy. Experience the ease and comfort of this charming ranch home; inquire today to schedule your private viewing.
MIBOR as Distributed by MLS Grid #21236304
Sep 25, 2013
Listing Removed
—
Sep 25, 2013
Sold
$82,900
$49/sq ft
Jun 3, 2013
Listed
$84,900
$51/sq ft
Solid as a rock, 3 bedroom 2 bath stone/vinyl ranch. Fenced yard, enclosed porch, new carpet and fresh paint make this one a must see!
MIBOR as Distributed by MLS Grid #2669349
Oct 30, 2006
Listed
$115,000
$69/sq ft
MIBOR as Distributed by MLS Grid #2605917
Apr 9, 2006
Listing Removed
—
Jan 26, 2006
Listed
$113,900
$68/sq ft
MIBOR as Distributed by MLS Grid #2521195
Apr 9, 2006
Listing Removed
—
Apr 11, 2005
Listed
$115,000
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,551 (−3.6%)
$22,700 + $211,200
$233,900
2024
$2,646 (+10.7%)
$22,700 + $198,500
$221,200
2023
$2,390 (+25.5%)
$22,700 + $198,500
$221,200
2022
$1,905 (+12.8%)
$22,700 + $178,000
$200,700
2021
$1,689 (+15.8%)
$22,700 + $123,000
$145,700
2020
$1,459 (+0.9%)
$22,700 + $123,000
$145,700
2019
$1,445 (+8.7%)
$16,300 + $111,300
$127,600
2018
$1,329 (+20.7%)
$16,300 + $108,300
$124,600
2017
$1,101 (+15.4%)
$16,300 + $90,100
$106,400
2016
$954 (+29.3%)
$16,300 + $90,100
$106,400
2015
$738 (+36.4%)
$16,300 + $79,100
$95,400
2014
$541 (−26.7%)
$16,300 + $75,100
$91,400
2013
$738
$16,300 + $61,900
$78,200
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
85 ft.
Lot depth
121 ft.
Lot size
10,280 Sq. Ft.
Year renovated
1988
Finished Sq. Ft.
1,676
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,676
Year built
1988
Style
Single Family Residential
County
Marion County
APN
490822126015000700
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
D3
AIRSPACE SECONDARY ZONING DISTRICT
METRO
Dwelling District Three
The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife.
Zone overlays
Airspace Secondary Zoning District
Metro Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Jan 7, 2016 • Final
Right of way permit-use
Repair a manhole.
Gas
Plumbing
Jun 25, 2002 • Active
Heating & cooling permit-1-2 family-replacement
Install a new furnace and central air conditioning system.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk 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 100° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46235
Average low and high temperatures (°F)
32
17
42
25
60
39
68
47
71
53
83
65
87
69
81
62
81
56
70
46
53
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Indianapolis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3242 Cherry Lake Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $205,000 and $255,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $205K to $255K.