OFF MARKET

Off Market Jun 2024 for $980K

$1,018,780

•

6,793

sq ft

7118 Lantern Rd, Indianapolis, IN 46256

About this home

BREATHTAKING WOODED HILLTOP LODGE ON 1.81 ACRES! Very rarely does a home property like this come to market & even fewer with these updates and features! Follow the winding wooded drive to the home & from the moment you pull up, you will see just how special this property is! Enjoy the panoramic views of nature, acres of trees & Mud Creek from large decks on each level & a stunning screened-in porch! Offering nearly 6,800 square feet, this 5 bedroom, 3.5 bath home will captivate you & make you feel like you're in Brown County! The entryway leads to a large great rm w/a soaring 35' ceiling & gorgeous fireplace w/stone from the floor to the ceiling! The main level also offers a beautiful dining rm, recently RECENTLY FULLY UPDATED KITCHEN w/center island, pantry & custom built-in benches, a living rm & the owners suite w/two story ceiling, loft access, large WI closet & luxurious spa bath w/dual vanity & large WI shower! The upper level features a loft (perfect for a bedroom, office, lounge area & more), two secondary bedrooms & full bath! The FINISHED WALKOUT LOWER LEVEL boasts a bar/rec area, family rm w/fireplace, lounge area, 5th bedroom, full bathroom & huge storage rm! Wooded views from literally every room in the home! There is simply nothing on the market today that is remotely close to this property! Although it will feel that you're a million miles away from the hustle and bustle, you're still just a few minutes from Geist Reservoir, shopping, dining, schools, the interstate & so much more!

Single-familyProperty Type

1991Year Built

1.81 acresLot Size

$150Est. Price/Sq.Ft.

3 car garageParking

Listed by Allen Williams • Berkshire Hathaway Home

Contact: awilliams@bhhsin.com

Bought with Larry Foster • eXp Realty, LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21976976

Redfin Estimate

$1,018,780

$39K since sold in June 2024$14K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 54% higher than the average sale price ($662K) of 6 comparable homes.

SOLD FEB 13, 2026
$700,000
A
5 beds3.5 baths4,232 sq ft
8224 Walnut Way, Indianapolis, IN 46256
SOLD JUL 23, 2026
$785,000
B
4 beds4.5 baths4,829 sq ft
8161 Beech Knl, Indianapolis, IN 46256
SOLD JUL 23, 2026
$680,140
C
4 beds3 baths4,343 sq ft
7124 Tuliptree Trl, Indianapolis, IN 46256
SOLD JUL 24, 2026
$760,000
D
4 beds3 baths4,912 sq ft
7050 Wildridge Dr, Indianapolis, IN 46256
SOLD AUG 3, 2026
$375,000
E
4 beds2.5 baths2,587 sq ft
7669 Pinesprings East Dr, Indianapolis, IN 46256
SOLD FEB 3, 2026
$670,000
F
5 beds3.5 baths4,432 sq ft
6914 Creekridge Trl, Indianapolis, IN 46256

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Earn from this home

Sell

$207,217

Est. take-home

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Rent

$2,612/mo

Redfin rental estimate

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Market trends in 46256, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

0.1% MoM

Median sale price

$321K

$2K MoM

Avg. days on market

16d

0 days MoM

Recently sold homes

119

2 MoM

New listings for sale

3D WALKTHROUGH
$1,000,000
4 beds4.5 baths5,642 sq ft
9451 Timber Crest Ln, Indianapolis, IN 46256
$285,000
3 beds2 baths1,744 sq ft
7735 Cardinal Cv S, Indianapolis, IN 46256
3D WALKTHROUGH
$735,000
4 beds3.5 baths4,252 sq ft
9118 Sand Key Ln, Indianapolis, IN 46256
$300,000
3 beds2 baths1,506 sq ft
7667 Wickfield Way, Indianapolis, IN 46256
3D WALKTHROUGH
$1,000,000
4 beds3.5 baths3,948 sq ft
10707 Compass Ct, Indianapolis, IN 46256
$415,000
3 beds2 baths2,036 sq ft
9020 Pinecreek Ct, Indianapolis, IN 46256
$324,900
3 beds2.5 baths2,108 sq ft
9157 Harrison Run Pl, Indianapolis, IN 46256
$345,000
3 beds2.5 baths1,816 sq ft
7730 Hollow Ridge Cir, Indianapolis, IN 46256
3D WALKTHROUGH
$389,900
3 beds2 baths3,276 sq ft
10933 Geist Woods South Dr, Indianapolis, IN 46256
$320,000
4 beds2 baths1,802 sq ft
7105 Hague Rd, Indianapolis, IN 46256
See all

Provided by Redfin

Sale history for 7118 Lantern Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21976976

Jun 6, 2024

Sold

$980,000

$144/sq ft

May 7, 2024

Pending

—

May 2, 2024

Listed

$1,000,000

$147/sq ft

MIBOR as Distributed by MLS Grid #21655048

Nov 1, 2019

Listing Removed

—

Sep 6, 2019

Price Changed

$775,000

$114/sq ft

Jul 17, 2019

Listed

$795,000

$117/sq ft

MIBOR as Distributed by MLS Grid #21245139

Aug 16, 2013

Listing Removed

—

Jul 18, 2013

Listed

$699,900

$103/sq ft

MIBOR as Distributed by MLS Grid #21193147

Oct 6, 2012

Listing Removed

—

Aug 22, 2012

Listed

$799,000

$118/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,519 (+5.4%)

$168,400 + $760,000

$928,400

2024

$9,985 (+2.7%)

$168,400 + $671,600

$840,000

2023

$9,725 (+0.5%)

$168,400 + $671,600

$840,000

2022

$9,675 (+2.9%)

$168,400 + $646,900

$815,300

2021

$9,400 (+1.8%)

$157,600 + $607,200

$764,800

2020

$9,235 (+14.3%)

$157,600 + $607,200

$764,800

2019

$8,082 (+21.9%)

$157,600 + $584,100

$741,700

2018

$6,628 (+0.8%)

$157,600 + $584,100

$741,700

2017

$6,573 (−1.0%)

$157,600 + $436,600

$594,200

2016

$6,637 (+5.1%)

$157,600 + $436,600

$594,200

2015

$6,315 (+1.9%)

$157,600 + $444,200

$601,800

2014

$6,200 (−0.2%)

$157,600 + $438,200

$595,800

2013

$6,211

$157,600 + $431,400

$589,000

Tax history for 7118 Lantern Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,519 (+5.4%)

$168,400 + $760,000

$928,400

2024

$9,985 (+2.7%)

$168,400 + $671,600

$840,000

2023

$9,725 (+0.5%)

$168,400 + $671,600

$840,000

2022

$9,675 (+2.9%)

$168,400 + $646,900

$815,300

2021

$9,400 (+1.8%)

$157,600 + $607,200

$764,800

2020

$9,235 (+14.3%)

$157,600 + $607,200

$764,800

2019

$8,082 (+21.9%)

$157,600 + $584,100

$741,700

2018

$6,628 (+0.8%)

$157,600 + $584,100

$741,700

2017

$6,573 (−1.0%)

$157,600 + $436,600

$594,200

2016

$6,637 (+5.1%)

$157,600 + $436,600

$594,200

2015

$6,315 (+1.9%)

$157,600 + $444,200

$601,800

2014

$6,200 (−0.2%)

$157,600 + $438,200

$595,800

2013

$6,211

$157,600 + $431,400

$589,000

*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
Permits

Beds

—

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

1.81 Acres

Year renovated

1991

Sq. Ft.

6,158

Year built

1991

Style

Single Family Residential

County

Marion County

APN

490225133001000400

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling Suburban District

The D-S District is intended for suburban areas of extreme topography, areas conducive to estate development, or areas where it is desirable to permit only low density development (such as adjacent to floodplains, aquifers, urban conservation areas, within the extended alignment of airport runways, etc.). Generous front yards with trees along roadways that follow the natural terrain of the land are envisioned for the D-S District. Estate development in a natural setting is the typical realization of the District. The D-S District provides for single-family residential lots consisting of at least one acre. A typical density for the D-S District is 0.4 units per gross acre. This District fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. Development plans would likely use the cluster option when subdividing and 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

Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Communications tower
Park & open space

Property details

Parking

Parking Information
Garage SqFt: 0
Parking Features: Detached, Garage Door Opener
Garage Spaces: 3
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 6793
Living Area: 6793
Main Level Sq. Ft.: 2802
Upper Level Sq. Ft.: 1268
Lower/Basement Level Sq. Ft (Finished): 2723

Bedroom Information
Primary Bedroom Description: Closet Walk in,Fireplace,Sitting Room
# of Upper Bedrooms: 3
# of Basement Bedrooms: 1
# of Bedrooms Main: 1
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 3
# of Half Baths (Total): 1
# of Full Baths (Upper): 1
# of Full Baths (Main): 1
# of Full Baths (Basement): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Sinks Double,Tub Whirlpool

Room 1 Information
Room Features: Carpet
Room Dimensions: 18x14
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 23x16
Room Level: Upper

Room 3 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 16x11
Room Level: Upper

Room 4 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 15x14
Room Level: Upper

Room 5 Information
Room Type: Bedroom 5
Room Features: Carpet
Room Dimensions: 17x16
Room Level: Basement

Room 6 Information
Room Type: Kitchen
Room Features: Hardwood
Room Dimensions: 29x16
Room Level: Main

Room 7 Information
Room Type: Dining Room
Room Features: Carpet
Room Dimensions: 16x12
Room Level: Main

Room 8 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 25x16
Room Level: Basement

Room 9 Information
Room Type: Guest Room
Room Features: Carpet
Room Dimensions: 35x20
Room Level: Main

Room 10 Information
Room Type: Sun Room
Room Features: Carpet
Room Dimensions: 19x19
Room Level: Main

Room 11 Information
Room Type: Play Room
Room Features: Carpet
Room Dimensions: 31x20
Room Level: Basement

Other Rooms Information
Rooms Upper: 3
Rooms Main: 5
Rooms Basement: 3
# of Rooms: 11

Basement Information
Has Basement
Basement Features: Finished, Walk Out

Fireplace Information
# of Fireplaces: 3
Fireplace Features: Basement, Gas Log, Great Room, Recreation Room

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

Interior Features
Interior Features: Attic Access, Built In Book Shelves, Cathedral Ceiling(s), Hardwood Floors, Pantry, Walk-in Closet(s), Wet Bar
Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Water Purifier, Water Softener Owned
Areas Interior: Utility Room

Exterior

Building Information
Percent Optional Level Finished: 100

Exterior Features
Patio And Porch Features: Multiple Decks, Covered Porch
Fence YN: Yes
Fencing: Partial

Farm Information
Horse Amenities: None

Property Information
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1-3 Acres

Lot Information
Lot Size Acres: 1.81
Lot Features: Not In Subdivision, Wooded

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Private Well
Solid Waste Information: Yes

Location

School Information
High School District: MSD Lawrence Township

Location Information
Directions: GPS Friendly
Tax Legal Description: Early Bluffs L 2

Public facts

Beds: —
Baths: 1.5
Sq. Ft.: 6,158
Stories: 2.0
Lot Size: 1.81 acres
Style: Single Family Residential
Year Built: 1991
Year Renovated: 1991
County: Marion County
APN: 490225133001000400

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: awilliams@bhhsin.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Concrete Perimeter
Construction Materials: Stone, Wood
Levels: Two

Around this home

Schools

Crestview Elementary School

Public 1-6 • Assigned • 0.8mi

5/10

Fall Creek Valley Middle School

Public 7-8 • Assigned • 1.6mi

4/10

Lawrence North High School

Public 9-12 • Assigned • 1.3mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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 101° expected this year, 16 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46256

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 9.8 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$968,000 – $1.17M

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New listings for sale in 46256

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3D WALKTHROUGH

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3D WALKTHROUGH

$1,000,000

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3 beds2 baths2,036 sq ft

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9157 Harrison Run Pl, Indianapolis, IN 46256

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Home values near 7118 Lantern Rd

Data from public records.

Address	Redfin Estimate
7011 Wildridge Dr, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2601 Sq. Ft.	—
7111 Knollvalley Ln, Indianapolis, IN - Beds \| 1 Baths \| 1926 Sq. Ft.	$275,342

Address	Redfin Estimate
8650 Fall Creek Rd, Indianapolis, IN 3 Beds \| 3 Baths \| 3673 Sq. Ft.	—
7181 Knollvalley Ln, Indianapolis, IN 3 Beds \| 2 Baths \| 2596 Sq. Ft.	$401,938

Address	Redfin Estimate
7161 Knollvalley Ln, Indianapolis, IN - Beds \| - Baths \| 2333 Sq. Ft.	$414,284
7050 Wildridge Dr, Indianapolis, IN 4 Beds \| 3 Baths \| 4912 Sq. Ft.	$797,851

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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