Google satellite image for 7151 Lake Rd, Indianapolis, IN 46217

OFF MARKET

$315,453

•

— ba

•

1,631

sq ft

7151 Lake Rd, Indianapolis, IN 46217

About this home

7151 Lake Rd is a 1,631 square foot house on a 14.37 acre lot with 4 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $315,453.

Single-familyProperty Type

1947Year Built

14.37 acresLot Size

$193Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$315,453

$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.8% higher than the average sale price ($287K) of 6 comparable homes.

SOLD BY REDFIN AUG 31, 2026
$335,000
A
4 beds3 baths1,994 sq ft
5226 W Southport Rd, Indianapolis, IN 46221
SOLD MAY 28, 2026
$249,900
B
4 beds2 baths1,560 sq ft
8248 S Belmont Ave, Indianapolis, IN 46217
SOLD JUL 10, 2026
$370,000
C
4 beds2 baths2,391 sq ft
7429 Copperwood Dr, Indianapolis, IN 46217
SOLD AUG 25, 2026
$259,900
D
3 beds2 baths1,984 sq ft
5547 W Southport Rd, Indianapolis, IN 46221
SOLD JUL 31, 2026
$260,000
E
4 beds2 baths1,860 sq ft
8536 Friendship Ln, Indianapolis, IN 46217
SOLD AUG 28, 2026
$248,500
F
4 beds2.5 baths1,987 sq ft
6922 Devinney Ln, Indianapolis, IN 46221

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Earn from this home

Sell

$295,261

Est. take-home

List your home with Redfin and save $3,155

Market trends in 46217, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.7%

+0.0% MoM

Median sale price

$264K

$2K MoM

Avg. days on market

17d

0 days MoM

Recently sold homes

158

9 MoM

New listings for sale

3D WALKTHROUGH
$317,500
3 beds3 baths2,075 sq ft
933 Amesbury Ct, Indianapolis, IN 46217
$284,900
4 beds2 baths1,872 sq ft
7927 Hoop Rd, Indianapolis, IN 46217
$314,900
3 beds2 baths1,724 sq ft
3020 Shadow Lake Dr, Indianapolis, IN 46217
$399,900
4 beds3.5 baths3,663 sq ft
611 Sun Valley Ct, Indianapolis, IN 46217
$245,000
3 beds1 bath2,480 sq ft
3737 S Meridian St, Indianapolis, IN 46217
3D WALKTHROUGH
$263,000
2 beds2 baths1,606 sq ft
8244 Palmetto Ln, Indianapolis, IN 46217
$465,000
4 beds2.5 baths4,097 sq ft
348 Creekbend Ln, Indianapolis, IN 46217
$385,000
3 beds2 baths2,682 sq ft
917 W Hanna Ave, Indianapolis, IN 46217
$228,000
3 beds2.5 baths1,476 sq ft
2538 Mingo Ln, Indianapolis, IN 46217
$314,990
4 beds2.5 baths2,044 sq ft
950 Amesbury Ct, Indianapolis, IN 46217
See all

Provided by Redfin

Sale history for 7151 Lake Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$2,386 (+2.6%)

$57,900 + $111,600

$169,500

2024

$2,326 (+0.4%)

$57,900 + $98,200

$156,100

2023

$2,317 (−0.9%)

$57,900 + $98,200

$156,100

2022

$2,338 (+2.6%)

$57,900 + $92,800

$150,700

2021

$2,280 (−11.6%)

$57,900 + $74,300

$132,200

2020

$2,578 (+29.9%)

$57,900 + $74,300

$132,200

2019

$1,984 (+2.7%)

$57,900 + $68,800

$126,700

2018

$1,933 (−0.1%)

$57,900 + $59,600

$117,500

2017

$1,935 (−1.0%)

$57,900 + $50,100

$108,000

2016

$1,954 (+19.4%)

$57,900 + $50,100

$108,000

2015

$1,636 (+7.3%)

$57,900 + $50,100

$108,000

2014

$1,525 (−7.2%)

$57,900 + $45,900

$103,800

2013

$1,643

$57,900 + $42,100

$100,000

Tax history for 7151 Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,386 (+2.6%)

$57,900 + $111,600

$169,500

2024

$2,326 (+0.4%)

$57,900 + $98,200

$156,100

2023

$2,317 (−0.9%)

$57,900 + $98,200

$156,100

2022

$2,338 (+2.6%)

$57,900 + $92,800

$150,700

2021

$2,280 (−11.6%)

$57,900 + $74,300

$132,200

2020

$2,578 (+29.9%)

$57,900 + $74,300

$132,200

2019

$1,984 (+2.7%)

$57,900 + $68,800

$126,700

2018

$1,933 (−0.1%)

$57,900 + $59,600

$117,500

2017

$1,935 (−1.0%)

$57,900 + $50,100

$108,000

2016

$1,954 (+19.4%)

$57,900 + $50,100

$108,000

2015

$1,636 (+7.3%)

$57,900 + $50,100

$108,000

2014

$1,525 (−7.2%)

$57,900 + $45,900

$103,800

2013

$1,643

$57,900 + $42,100

$100,000

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

Zoning

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

Property details

Interior

Heating & Cooling
Heating Type: Warm Air

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family

Property Information
Living Sq. Ft: 1,631
Adjusted Gross Sq. Ft: 1,631
Ground Floor Sq. Ft: 1,631
Building Sq. Ft: 1,631
# of Stories: 1
Legal Description: PT W1/2 NE1/4 & E1/2 NW1/4 S17 T14 R3 BEG925.87FT S OF NE COR OF W1/2 NE1/4 S 642.64FT W693.75FT N 328.42FT W 702.1FT N 324.36FT E1406.03FT TO BEG 14.367AC

Lot Information
# of Buildings: 1
Land Sq. Ft: 625,827
Municipality Name: PERRY, OUTSIDE
Acres: 14.367
County Use Description: 1 FAM DWLG UNPLAT 10-19.99AC

Location Information
Parcel Location Influence: Restrictions

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: —
Sq. Ft.: 1,631
Stories: 1.0
Lot Size: 14.37 acres
Style: Single Family Residential
Year Built: 1947
Year Renovated: 1947
County: Marion County
APN: 491417119001000500

Home facts updated by county records on Sep 3, 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, 17 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)

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

$300,000 – $363,000

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Nearby similar homes

$375,000

3 beds3 baths3,318 sq ft

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3D WALKTHROUGH

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6647 Everbloom Ln, Indianapolis, IN 46217

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2828 Earlswood Ln, Indianapolis, IN 46217

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3 beds2.5 baths2,000 sq ft

7102 Harness Lakes Dr, Indianapolis, IN 46217

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3 beds2 baths1,072 sq ft

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New listings for sale in 46217

3D WALKTHROUGH

$317,500

3 beds3 baths2,075 sq ft

933 Amesbury Ct, Indianapolis, IN 46217

$284,900

4 beds2 baths1,872 sq ft

7927 Hoop Rd, Indianapolis, IN 46217

$314,900

3 beds2 baths1,724 sq ft

3020 Shadow Lake Dr, Indianapolis, IN 46217

$399,900

4 beds3.5 baths3,663 sq ft

611 Sun Valley Ct, Indianapolis, IN 46217

$245,000

3 beds1 bath2,480 sq ft

3737 S Meridian St, Indianapolis, IN 46217

3D WALKTHROUGH

$263,000

2 beds2 baths1,606 sq ft

8244 Palmetto Ln, Indianapolis, IN 46217

$465,000

4 beds2.5 baths4,097 sq ft

348 Creekbend Ln, Indianapolis, IN 46217

$385,000

3 beds2 baths2,682 sq ft

917 W Hanna Ave, Indianapolis, IN 46217

$228,000

3 beds2.5 baths1,476 sq ft

2538 Mingo Ln, Indianapolis, IN 46217

Home values near 7151 Lake Rd

Data from public records.

Address	Redfin Estimate
7105 Lake Road, Indianapolis, IN 3 Beds \| 1 Baths \| 3870 Sq. Ft.	$530,689
7150 Lake Road, Indianapolis, IN 1 Beds \| 2 Baths \| 1776 Sq. Ft.	$528,066

Address	Redfin Estimate
7135 Lake Road, Indianapolis, IN 2 Beds \| - Baths \| 768 Sq. Ft.	$177,601
3805 W Southport Road, Indianapolis, IN 2 Beds \| - Baths \| 1304 Sq. Ft.	$209,606

Address	Redfin Estimate
7050 Lake Road, Indianapolis, IN 3 Beds \| - Baths \| 1128 Sq. Ft.	$194,213
3528 Vanadell Lane, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1682 Sq. Ft.	$282,900

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