7220 Pheasant Ridge Dr is a 1,923 square foot house on a 10,585 square foot lot with 3 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $267,819.
Single-familyProperty Type
1999Year Built
10,585 sq ftLot Size
$139Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$267,819
$3,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.3% higher than the average sale price ($265K) 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
$2,939 (−0.5%)
$40,000 + $270,800
$310,800
2024
$2,954 (+9.8%)
$40,000 + $242,600
$282,600
2023
$2,691 (−0.2%)
$40,000 + $242,600
$282,600
2022
$2,697 (+7.2%)
$40,000 + $211,800
$251,800
2021
$2,517 (+3.4%)
$40,000 + $194,100
$234,100
2020
$2,435 (+2.9%)
$40,000 + $194,100
$234,100
2019
$2,367 (+18.1%)
$40,000 + $186,100
$226,100
2018
$2,005 (+0.2%)
$28,600 + $190,800
$219,400
2017
$2,000 (+0.6%)
$28,600 + $155,500
$184,100
2016
$1,988 (+5.4%)
$28,600 + $155,500
$184,100
2015
$1,886 (+5.6%)
$28,600 + $154,600
$183,200
2014
$1,786
$28,600 + $154,900
$183,500
2013
$1,786
$28,600 + $145,400
$174,000
Tax history for 7220 Pheasant Ridge Dr
Year
Property tax
Land + Additions
Assessment*
2025
$2,939 (−0.5%)
$40,000 + $270,800
$310,800
2024
$2,954 (+9.8%)
$40,000 + $242,600
$282,600
2023
$2,691 (−0.2%)
$40,000 + $242,600
$282,600
2022
$2,697 (+7.2%)
$40,000 + $211,800
$251,800
2021
$2,517 (+3.4%)
$40,000 + $194,100
$234,100
2020
$2,435 (+2.9%)
$40,000 + $194,100
$234,100
2019
$2,367 (+18.1%)
$40,000 + $186,100
$226,100
2018
$2,005 (+0.2%)
$28,600 + $190,800
$219,400
2017
$2,000 (+0.6%)
$28,600 + $155,500
$184,100
2016
$1,988 (+5.4%)
$28,600 + $155,500
$184,100
2015
$1,886 (+5.6%)
$28,600 + $154,600
$183,200
2014
$1,786
$28,600 + $154,900
$183,500
2013
$1,786
$28,600 + $145,400
$174,000
*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
DP
METRO
Planned Unit Development
The planned unit development district (D-P) is established for the following
purposes: To encourage a more creative approach in land and building site planning. To encourage and efficient, aesthetic and desirable use of open space. To encourage variety in physical development pattern. To promote street layout and design that increases connectivity in a
neighborhood and improves the directness of routes for vehicles, bicycles, pedestrians, and transit on an open street and multi-modal network providing multiple routes to and from destinations.
To achieve flexibility and incentives for residential, non-residential and mixed-use developments which will create a wider range of housing types as well as amenities to meet the ever changing needs of the community. To encourage renewal of older areas in the metropolitan region where new development and restoration are needed to revitalize areas. To permit special consideration of property with outstanding features, including but not limited to historical significance, unusual topography,
environmentally sensitive areas and landscape amenities. To provide for a comprehensive review and processing of development proposals for developers and the Metropolitan Development Commission by providing for concurrent review of land use, subdivision, public improvements
and siting considerations. To accommodate new site treatments not contemplated in other kinds of
districts.
Zone overlays
Metro Context Area
Jul 27, 1999 • Final
Electrical permit-1-2 family-new install
Electrical
Jul 23, 1999 • Final
Sewer connection
Plumbing
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
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 10
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family
Property Information
Subdivision Name: FEATHER RUN
Living Sq. Ft: 1,923
Adjusted Gross Sq. Ft: 1,923
Ground Floor Sq. Ft: 1,923
Building Sq. Ft: 2,616
# of Stories: 1
Legal Description: FEATHER RUN L 31
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 693
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,585
Legal Lot Number: 31
Municipality Name: FRANKLIN, OUTSIDE
Acres: 0.243
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,923
Stories: 1.0
Lot Size: 10,585 square feet
Style: Single Family Residential
Year Built: 1999
Year Renovated: 1999
County: Marion County
APN: 491514100031000300
Home facts updated by county records on Oct 19, 2026
Around this home
Schools
K - 12
Preschool & daycare
Bunker Hill Elementary School
Public K-3 • Assigned • 0.4mi
8/10
Franklin Central Junior High
Public 7-8 • Assigned • 4.1mi
5/10
Franklin Central High School
Public 9-12 • Assigned • 2.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 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 • 46237
Average low and high temperatures (°F)
32
17
42
26
61
39
69
48
72
53
83
65
88
69
84
63
82
58
69
48
54
38
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
$255,000 – $308,000
Reach more buyers when you sell with Redfin. Save up to $2,678 in fees.3 minutes to get started.