7150 Lake Rd is a 1,776 square foot house on a 27 acre lot with 1 bedroom and 2 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $528,066.
Single-familyProperty Type
1968Year Built
27 acresLot Size
$297Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$528,066
$25K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 114.3% higher than the average sale price ($246K) 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
$13,100 (+8.1%)
$219,400 + $177,400
$396,800
2024
$12,115 (−10.4%)
$219,400 + $138,300
$357,700
2023
$13,525 (−14.9%)
$219,400 + $138,300
$357,700
2022
$15,884 (+26.1%)
$219,400 + $138,300
$357,700
2021
$12,599 (+5.6%)
$212,000 + $126,400
$338,400
2020
$11,937 (+1.7%)
$212,000 + $126,400
$338,400
2019
$11,741 (−1.9%)
$212,000 + $126,800
$338,800
2018
$11,965 (+1.1%)
$212,000 + $121,000
$333,000
2017
$11,838
$212,000 + $128,900
$340,900
Tax history for 7150 Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$13,100 (+8.1%)
$219,400 + $177,400
$396,800
2024
$12,115 (−10.4%)
$219,400 + $138,300
$357,700
2023
$13,525 (−14.9%)
$219,400 + $138,300
$357,700
2022
$15,884 (+26.1%)
$219,400 + $138,300
$357,700
2021
$12,599 (+5.6%)
$212,000 + $126,400
$338,400
2020
$11,937 (+1.7%)
$212,000 + $126,400
$338,400
2019
$11,741 (−1.9%)
$212,000 + $126,800
$338,800
2018
$11,965 (+1.1%)
$212,000 + $121,000
$333,000
2017
$11,838
$212,000 + $128,900
$340,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Apr 30, 2013 • Final
Flood permit-non-residential
Construct a shed and install a sign.
ADU
Apr 29, 2013 • Active
Sign permit-freestanding
Electrical
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: 1,776
Basement Type: Full
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 11
Heating & Cooling
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 2
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 11
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family
Property Information
Living Sq. Ft: 1,776
Adjusted Gross Sq. Ft: 3,552
Ground Floor Sq. Ft: 1,776
Building Sq. Ft: 3,992
# of Stories: 1
Legal Description: PT E END W1/2 NW1/4 S17 T14 R3 27AC
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 440
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 1,176,120
Municipality Name: PERRY, OUTSIDE
Acres: 27
County Use Description: OTHER COMMERCIAL STRUCTURES
Location Information
Parcel Location Influence: Restrictions
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 1
Baths: 2.0
Sq. Ft.: 1,776
Stories: 1.0
Lot Size: 27 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 1968
County: Marion County
APN: 491417102001000500
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 • 3.3mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 19-29% 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, 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
$502,000 – $608,000
Reach more buyers when you sell with Redfin. Save up to $5,281 in fees.3 minutes to get started.