7135 Lake Rd is a 768 square foot house on a 1.38 acre lot with 2 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $177,601.
Single-familyProperty Type
1930Year Built
1.38 acresLot Size
$231Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$177,601
$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 19.7% lower than the average sale price ($221K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,425 (+1.0%)
$26,600 + $164,900
$191,500
2024
$2,400 (+9.3%)
$26,600 + $148,200
$174,800
2023
$2,196 (−0.7%)
$26,600 + $148,200
$174,800
2022
$2,211 (+12.9%)
$26,600 + $132,900
$159,500
2021
$1,959 (+9.3%)
$26,600 + $103,200
$129,800
2020
$1,792 (+26.9%)
$26,600 + $103,200
$129,800
2019
$1,412 (+15.6%)
$26,600 + $95,000
$121,600
2018
$1,222 (+4.8%)
$26,600 + $76,700
$103,300
2017
$1,166 (+2.1%)
$26,600 + $64,800
$91,400
2016
$1,142 (+20.8%)
$26,600 + $64,800
$91,400
2015
$945 (+12.1%)
$26,600 + $63,200
$89,800
2014
$843 (−7.0%)
$26,600 + $63,200
$89,800
2013
$906
$26,600 + $60,300
$86,900
Tax history for 7135 Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,425 (+1.0%)
$26,600 + $164,900
$191,500
2024
$2,400 (+9.3%)
$26,600 + $148,200
$174,800
2023
$2,196 (−0.7%)
$26,600 + $148,200
$174,800
2022
$2,211 (+12.9%)
$26,600 + $132,900
$159,500
2021
$1,959 (+9.3%)
$26,600 + $103,200
$129,800
2020
$1,792 (+26.9%)
$26,600 + $103,200
$129,800
2019
$1,412 (+15.6%)
$26,600 + $95,000
$121,600
2018
$1,222 (+4.8%)
$26,600 + $76,700
$103,300
2017
$1,166 (+2.1%)
$26,600 + $64,800
$91,400
2016
$1,142 (+20.8%)
$26,600 + $64,800
$91,400
2015
$945 (+12.1%)
$26,600 + $63,200
$89,800
2014
$843 (−7.0%)
$26,600 + $63,200
$89,800
2013
$906
$26,600 + $60,300
$86,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
DA
AIRSPACE SECONDARY ZONING DISTRICT
METRO
Dwelling Agriculture District
The D-A District holds the agricultural lands of Marion County and provides for a variety of agricultural uses. It is intended to provide for animal and poultry husbandry, farming, cultivation of crops, dairying, pasturage, floriculture, horticulture, viticulture, apiaries, aquaculture, hydroponics, together with necessary, accompanying accessory uses, buildings, or structures for housing, packing, treating, or storing said products; or lands devoted to a soil conservation or forestry management program. A single-family dwelling is intended to be permitted as a part of such agricultural uses. A secondary provision of this District is large estate development of single-family dwellings. This District fulfills the very low density residential classification of the Comprehensive General Land Use Plan. This District does not require public water and sewer facilities.
Zone overlays
Airspace Secondary Zoning District
Metro Context Area
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Research & development
Communications tower
Veterinary clinic
Park & open space
Mar 1, 1996 • Final
Heating & cooling permit-1-2 family-replacement
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.
Property details
Interior
Basement Information
Basement Sq. Ft: 768
Basement Type: Full
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 4
Exterior
Exterior Information
Physical Condition: Average
Building Type: Single Family
Property Information
Living Sq. Ft: 768
Adjusted Gross Sq. Ft: 1,536
Ground Floor Sq. Ft: 768
Building Sq. Ft: 1,536
# of Stories: 1
Legal Description: PT W1/2 NE1/4 S17 T14 R3 BEG 552.70' S 122.15' SWS57.92' FROM NW COR OF W1/2 NE1/4 E 305.62'S 177.24' W 308.73' N 215.12' TO BEG1.38 ACRES
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 60,113
Municipality Name: PERRY, OUTSIDE
Acres: 1.38
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: —
Sq. Ft.: 768
Stories: 1.0
Lot Size: 1.38 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1930
County: Marion County
APN: 491417103007000500
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Rosa Parks Kindergarten
Public K-1 • Assigned • 1.1mi
Perry Meridian 6th Grade Academy
Public 6 • Assigned • 3.4mi
6/10
Perry Meridian High School
Public 9-12 • Assigned • 3.2mi
6/10
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, 19 days in 30 years
2/10 Wind Factor
1% 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 • 46217
Average low and high temperatures (°F)
33
18
43
26
62
40
69
48
72
54
83
66
88
72
83
65
82
60
71
49
54
39
42
28
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
$169,000 – $205,000
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