OFF MARKET

Off market oct 2018 for $240K

$363,470

•

3,321

sq ft

7226 Indian Lake Rd, Indianapolis, IN 46236

About this home

Solid, all-brick ranch home nestled in the natural surroundings between Indian Lake and Geist Reservoir. Theater room/guest bedroom, bar, and a ton of storage in the full, finished basement ready for carpet. Roomy master suite with an unbelievable amount of closet space and remarkable, tile, walk-in shower. Granite counter top kitchen. Wood-burning fireplace. Bamboo floors. Furnace, A/C, water softener and filter system, well pump and sump pump, stainless appliances, insulated garage door, deck, Pella windows, interior and exterior doors ALL less than 3 years old.

Single-familyProperty Type

1974Year Built

125 sq ftLot Size

$109Est. Price/Sq.Ft.

2 car garageParking

Listed by Brian Bousman • Horizon Real Estate of Indiana

Contact: bkbousman@hotmail.com

Bought with Brian Bousman • Horizon Real Estate of Indiana

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21596836

Redfin Estimate

$363,470

$123K since sold in October 2018$0 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3% higher than the average sale price ($353K) of 6 comparable homes.

SOLD SEP 29, 2026
$310,000
A
3 beds2.5 baths2,294 sq ft
6336 Fountain Springs Blvd, Indianapolis, IN 46236
SOLD AUG 20, 2026
$308,000
B
3 beds2 baths1,678 sq ft
7818 Chesapeake Dr W, Indianapolis, IN 46236
SOLD FEB 23, 2026
$332,000
C
4 beds2.5 baths3,672 sq ft
10923 Limbach Ct, Indianapolis, IN 46236
SOLD AUG 17, 2026
$310,000
D
3 beds2.5 baths1,780 sq ft
11127 Bayridge Cir W, Indianapolis, IN 46236
SOLD AUG 19, 2026
$491,900
E
3 beds2.5 baths3,021 sq ft
11032 Echo Trl, Indianapolis, IN 46236
SOLD SEP 28, 2026
$365,700
F
4 beds2.5 baths3,438 sq ft
6293 Welker Dr, Indianapolis, IN 46236

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Sell

$179,522

Est. take-home

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Rent

$2,226/mo

Redfin rental estimate

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Market trends in 46236, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.8%

0.6% MoM

Median sale price

$357K

$17K MoM

Avg. days on market

18d

0 days MoM

Recently sold homes

132

7 MoM

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Provided by Redfin

Sale history for 7226 Indian Lake Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #21596836

Oct 26, 2018

Sold

$240,500

$72/sq ft

Oct 6, 2018

Pending

—

Sep 21, 2018

Listed

$249,900

$75/sq ft

MIBOR as Distributed by MLS Grid #21260973

Feb 28, 2014

Listing Removed

—

Feb 28, 2014

Sold

$216,000

$65/sq ft

Oct 15, 2013

Listed

$225,000

$68/sq ft

+18

What an amazing newly renovated home nestled in canopy of trees. As you enter you'll feel pride of ownership. Kitchen boasts granite counters, bar island, 36" dark cabinets w/crown, SS appliances & walk-in pantry. Relax in hearth room enhanced by wood burning fireplace or cathedral ceiling sun room overlooking the woods. Master retreat is accented by custom built shower, glass bowl sinks, walk-in closet & more. Daylight lower level has a bar & plumbed for theater.

MIBOR as Distributed by MLS Grid #21242749

Oct 8, 2013

Listing Removed

—

Jul 7, 2013

Listed

$235,000

$71/sq ft

MIBOR as Distributed by MLS Grid #2913861

Jul 8, 2009

Listing Removed

—

Mar 16, 2009

Listed

$139,500

$42/sq ft

MIBOR as Distributed by MLS Grid #2018962

Nov 1, 2000

Listing Removed

—

May 16, 2000

Listed

$169,900

$51/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,952 (−6.4%)

$51,000 + $238,200

$289,200

2024

$3,153 (+0.4%)

$51,000 + $227,500

$278,500

2023

$3,140 (+0.6%)

$51,000 + $227,500

$278,500

2022

$3,121 (+5.9%)

$51,000 + $227,500

$278,500

2021

$2,948 (−3.8%)

$51,000 + $203,400

$254,400

2020

$3,064 (+12.6%)

$51,000 + $203,400

$254,400

2019

$2,721 (+33.3%)

$53,000 + $209,100

$262,100

2018

$2,041 (+1.1%)

$53,000 + $209,100

$262,100

2017

$2,019 (+4.0%)

$26,500 + $166,100

$192,600

2016

$1,942 (+6.2%)

$26,500 + $166,100

$192,600

2015

$1,828 (−0.9%)

$26,500 + $158,800

$185,300

2014

$1,845

$26,500 + $156,000

$182,500

2013

$1,845

$26,500 + $157,700

$184,200

Tax history for 7226 Indian Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,952 (−6.4%)

$51,000 + $238,200

$289,200

2024

$3,153 (+0.4%)

$51,000 + $227,500

$278,500

2023

$3,140 (+0.6%)

$51,000 + $227,500

$278,500

2022

$3,121 (+5.9%)

$51,000 + $227,500

$278,500

2021

$2,948 (−3.8%)

$51,000 + $203,400

$254,400

2020

$3,064 (+12.6%)

$51,000 + $203,400

$254,400

2019

$2,721 (+33.3%)

$53,000 + $209,100

$262,100

2018

$2,041 (+1.1%)

$53,000 + $209,100

$262,100

2017

$2,019 (+4.0%)

$26,500 + $166,100

$192,600

2016

$1,942 (+6.2%)

$26,500 + $166,100

$192,600

2015

$1,828 (−0.9%)

$26,500 + $158,800

$185,300

2014

$1,845

$26,500 + $156,000

$182,500

2013

$1,845

$26,500 + $157,700

$184,200

*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

Beds

Baths

2.5

Stories

Lot width

100 ft.

Lot depth

125 ft.

Lot size

0.29 Acres

Year renovated

1985

Sq. Ft.

2,249

Year built

1974

Style

Single Family Residential

County

Marion County

APN

490129101006000407

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling District Three

The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, 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
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
Parking Features: Attached, Concrete, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 3321
Living Area: 2249
Main Level Sq. Ft.: 2249
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 964

Bedroom Information
Primary Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
# of Full Baths (Main): 2
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 3
Full Bathrooms MU: 2

Room 1 Information
Room Type: Bonus Room
Room Features: Carpet
Room Dimensions: 30x16
Room Level: Basement

Room 2 Information
Room Dimensions: 11x06
Room Level: Main

Room 3 Information
Room Features: Carpet
Room Dimensions: 23x14
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 15x14
Room Level: Main

Room 5 Information
Room Type: Kitchen
Room Features: Hardwood
Room Dimensions: 18x16
Room Level: Main

Room 6 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 16x11
Room Level: Main

Room 7 Information
Room Type: Family Room
Room Features: Hardwood
Room Dimensions: 16x13
Room Level: Main

Room 8 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x11
Room Level: Main

Room 9 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 13x13
Room Level: Main

Room 10 Information
Room Type: Sun Room
Room Dimensions: 25x11
Room Level: Main

Room 11 Information
Room Features: Carpet
Room Dimensions: 18x10
Room Level: Basement

Other Rooms Information
Rooms Upper: 0
Rooms Main: 9
Rooms Basement: 0
# of Rooms: 9

Laundry Room Information
Laundry Features: Main Level

Basement Information
Has Basement
Basement Features: Finished, Sump Pump w/Backup

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Family Room, Woodburning Fireplce

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

Interior Features
Interior Features: Attic Access, Cathedral Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Thermal, Pantry
Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Gas Water Heater, Water Softener Owned
Areas Interior: Living Room Formal

Exterior

Building Information
Percent Optional Level Finished: 75+%

Exterior Features
Patio And Porch Features: Deck Main Level, Covered Porch
Exterior Features: Storage Shed
Fencing: Fence Full Rear

Property Information
Ownership Interest Types: No Assoc
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.29
Lot Features: Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Private Well
Utilities: Cable Available, Gas Nearby
Solid Waste Information: Yes

Location

School Information
High School District: MSD Lawrence Township

Location Information
Directions: From 79th St & Fall Creek, East on 79th St, South/Right on Indian Lake Rd to home.
Tax Legal Description: EDGEWATER TERRACE

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 2,249
Stories: 1.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1974
Year Renovated: 1985
County: Marion County
APN: 490129101006000407

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: bkbousman@hotmail.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Concrete Perimeter
Construction Materials: Brick, Wood
Levels: One

Around this home

Schools

Early Learning Center

Public PreK-K • Assigned • 1.0mi

Fall Creek Valley Middle School

Public 7-8 • Assigned • 1.2mi

4/10

Lawrence North High School

Public 9-12 • Assigned • 2.8mi

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, 18 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 • 46236

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

$346,000 – $418,000

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Home values near 7226 Indian Lake Rd

Data from public records.

Address	Redfin Estimate
7223 Indian Lake Rd, Indianapolis, IN - Beds \| - Baths \| 1801 Sq. Ft.	$250,845
10296 Indian Lake Blvd N, Indianapolis, IN - Beds \| 1.5 Baths \| 1144 Sq. Ft.	$194,806

Address	Redfin Estimate
7210 Indian Lake Rd, Indianapolis, IN - Beds \| 1 Baths \| 2115 Sq. Ft.	$340,914
7202 Indian Lake Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1419 Sq. Ft.	$286,827

Address	Redfin Estimate
7227 Indian Lake Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1944 Sq. Ft.	$398,079
7230 Indian Lake Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 3030 Sq. Ft.	$291,370

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2018. This data may not match . Learn more.

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