Google street view image for 7237 Sylvan Ridge Rd, Indianapolis, IN 46240

OFF MARKET

$583,188

•

1.5 ba

•

2,493

sq ft

7237 Sylvan Ridge Rd, Indianapolis, IN 46240

About this home

7237 Sylvan Ridge Rd is a 2,493 square foot house on a 0.53 acre lot with 4 bedrooms and 1.5 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $583,188.

Single-familyProperty Type

1961Year Built

0.53 acresLot Size

$234Est. Price/Sq.Ft.

2 car garageParking

Source:Public Records

Redfin Estimate

$583,188

$41K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.4% higher than the average sale price ($510K) of 6 comparable homes.

SOLD JUL 24, 2026
$760,000
A
5 beds2.5 baths4,227 sq ft
3850 Glenview Dr, Indianapolis, IN 46240
SOLD AUG 14, 2026
$345,000
B
3 beds2 baths1,649 sq ft
7245 N Dearborn St, Indianapolis, IN 46240
SOLD JUN 24, 2026
$360,000
C
3 beds2 baths1,490 sq ft
7225 N Tuxedo St, Indianapolis, IN 46240
SOLD APR 3, 2026
$670,000
D
4 beds3 baths3,711 sq ft
7254 Merriam Rd, Indianapolis, IN 46240
SOLD MAY 4, 2026
$475,000
E
3 beds2 baths3,962 sq ft
7135 Huntington Rd, Indianapolis, IN 46240
SOLD JUL 17, 2026
$450,000
F
4 beds2.5 baths2,165 sq ft
3920 E 71st, Indianapolis, IN 46220

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Earn from this home

Sell

$547,628

Est. take-home

List your home with Redfin and save $5,832

Rent

$1,654/mo

Redfin rental estimate

List your home for rent

Market trends in 46240, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.7%

0.8% MoM

Median sale price

$406K

$7K MoM

Avg. days on market

14d

6 days MoM

Recently sold homes

1 MoM

New listings for sale

3D WALKTHROUGH
$425,000
5 beds2.5 baths2,422 sq ft
7345 N Tuxedo St, Indianapolis, IN 46240
$865,000
5 beds3.5 baths5,037 sq ft
1501 E 80th St, Indianapolis, IN 46240
$249,900
2 beds2.5 baths1,532 sq ft
9545 Longwell Dr, Indianapolis, IN 46240
$640,000
4 beds2.5 baths4,616 sq ft
9235 Crystal Riv, Indianapolis, IN 46240
See all

Provided by Redfin

Sale history for 7237 Sylvan Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,396 (−0.4%)

$63,700 + $423,700

$487,400

2024

$6,420 (+3.6%)

$63,700 + $393,500

$457,200

2023

$6,195 (−8.0%)

$63,700 + $393,500

$457,200

2022

$6,733 (+20.7%)

$63,700 + $374,900

$438,600

2021

$5,578 (+5.9%)

$31,100 + $354,300

$385,400

2020

$5,266 (+14.5%)

$31,100 + $354,300

$385,400

2019

$4,598 (+6.9%)

$31,100 + $354,300

$385,400

2018

$4,302 (+4.3%)

$31,100 + $328,100

$359,200

2017

$4,124 (+12.7%)

$31,100 + $303,500

$334,600

2016

$3,659 (−0.4%)

$31,100 + $303,500

$334,600

2015

$3,674 (−2.5%)

$31,100 + $286,900

$318,000

2014

$3,770 (−2.2%)

$31,100 + $307,800

$338,900

2013

$3,853

$31,100 + $318,000

$349,100

Tax history for 7237 Sylvan Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,396 (−0.4%)

$63,700 + $423,700

$487,400

2024

$6,420 (+3.6%)

$63,700 + $393,500

$457,200

2023

$6,195 (−8.0%)

$63,700 + $393,500

$457,200

2022

$6,733 (+20.7%)

$63,700 + $374,900

$438,600

2021

$5,578 (+5.9%)

$31,100 + $354,300

$385,400

2020

$5,266 (+14.5%)

$31,100 + $354,300

$385,400

2019

$4,598 (+6.9%)

$31,100 + $354,300

$385,400

2018

$4,302 (+4.3%)

$31,100 + $328,100

$359,200

2017

$4,124 (+12.7%)

$31,100 + $303,500

$334,600

2016

$3,659 (−0.4%)

$31,100 + $303,500

$334,600

2015

$3,674 (−2.5%)

$31,100 + $286,900

$318,000

2014

$3,770 (−2.2%)

$31,100 + $307,800

$338,900

2013

$3,853

$31,100 + $318,000

$349,100

*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

METRO

Dwelling District Two

The D-2 District is intended for use in suburban areas. Ample yards, trees and passive open spaces easily serving each individual lot are envisioned for this District. The D-2 District has a typical density of 1.9 units per gross acre. Two-family dwellings are permitted on corner lots in this District. This District fulfills the lowest density recommendation of the Comprehensive General Land Use Plan. Public water and sewer 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 conditions, 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
Park & open space

Jun 15, 2020 • Final

Electrical - 1-2 family

Relocate an electrical meter base and convert the electrical service to an underground connection.

Electrical

May 19, 2020 • Active

Self certification tag

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: 1,170
Basement Type: Full

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 11

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Fireplace Information
# of Fireplaces: 3
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 11

Exterior

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

Pool Information
Has Pool

Property Information
Subdivision Name: GRAVES SYLVAN RIDGE ADD 2ND SEC
Living Sq. Ft: 2,493
Adjusted Gross Sq. Ft: 3,663
Ground Floor Sq. Ft: 1,294
Building Sq. Ft: 4,315
# of Stories: 2
Legal Description: GRAVES SYLVAN RIDGE 2ND SEC L121

Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 652
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 22,991
Legal Lot Number: 121
Municipality Name: WASHINGTON,OUTSIDE
Acres: 0.5278
Depth Footage: 209
Front Footage: 110
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 4
Baths: 1.5
Sq. Ft.: 2,493
Stories: 2.0
Lot Size: 0.53 acres
Style: Single Family Residential
Year Built: 1961
Year Renovated: 1963
County: Marion County
APN: 490229114014000800

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Clearwater Elementary School

Public K-5 • Assigned • 0.7mi

7/10

Eastwood Middle School

Public 6-8 • Assigned • 1.4mi

9/10

North Central High School

Public 9-12 • Assigned • 2.1mi

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, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46240

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

$555,000 – $671,000

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Nearby similar homes

$299,900

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3 beds1 bath1,127 sq ft

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5 beds5.5 baths8,000 sq ft

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4 beds2.5 baths2,506 sq ft

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4 beds1.5 baths1,893 sq ft

5265 E 75th St, Indianapolis, IN 46250

VIDEO TOUR

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New listings for sale in 46240

3D WALKTHROUGH

$425,000

5 beds2.5 baths2,422 sq ft

7345 N Tuxedo St, Indianapolis, IN 46240

$865,000

5 beds3.5 baths5,037 sq ft

1501 E 80th St, Indianapolis, IN 46240

$249,900

2 beds2.5 baths1,532 sq ft

9545 Longwell Dr, Indianapolis, IN 46240

$640,000

4 beds2.5 baths4,616 sq ft

9235 Crystal Riv, Indianapolis, IN 46240

Home values near 7237 Sylvan Ridge Rd

Data from public records.

Address	Redfin Estimate
7310 Sylvan Ridge Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 4021 Sq. Ft.	$631,469
7253 Sylvan Ridge Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 3621 Sq. Ft.	$646,712

Address	Redfin Estimate
7130 Sylvan Ridge Road, Indianapolis, IN 4 Beds \| 1.5 Baths \| 3324 Sq. Ft.	$581,508
7204 Sylvan Ridge Road, Indianapolis, IN 3 Beds \| 3 Baths \| 2272 Sq. Ft.	$725,094

Address	Redfin Estimate
7265 Sylvan Ridge Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1676 Sq. Ft.	$421,760
7232 Sylvan Ridge Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2626 Sq. Ft.	$486,624

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