OFF MARKET

Off Market Mar 2017 for $625K

$1,119,215

•

3,075

sq ft

7940 Dean Rd, Indianapolis, IN 46240

About this home

Single-familyProperty Type

1988Year Built

0.27 acresLot Size

$364Est. Price/Sq.Ft.

2 car garageParking

Listed by Elaine Bennett • F.C. Tucker Company

Contact: elainesellsindyhomes@gmail.com

Bought with Dick Richwine • Berkshire Hathaway Home

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21462801

Redfin Estimate

$1,119,215

$494K since sold in March 2017$6,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.2% higher than the average sale price ($1.11M) of 5 comparable homes.

SOLD MAY 21, 2026
$1,925,000
A
3 beds3 baths3,297 sq ft
8170 Dean Rd, Indianapolis, IN 46240
SOLD AUG 14, 2026
$647,075
B
3 beds3 baths2,588 sq ft
7833 Clearwater Cove Dr, Indianapolis, IN 46240
SOLD JUL 10, 2026
$675,000
C
3 beds3.5 baths2,516 sq ft
8058 Lynch Ln, Indianapolis, IN 46250
SOLD JUL 13, 2026
$530,000
D
3 beds3 baths2,387 sq ft
7853 Clearwater Pkwy, Indianapolis, IN 46240
SOLD SEP 5, 2025
$1,750,000
E
3 beds3 baths3,466 sq ft
8068 Dean Rd, Indianapolis, IN 46240

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Earn from this home

Sell

$652,887

Est. take-home

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Rent

$2,018/mo

Redfin rental estimate

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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

NEW 12 HRS AGO
$1,250,000
3 beds2.5 baths2,617 sq ft
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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 7940 Dean Rd

Year

Property tax

Land + Additions

Assessment*

2025

$15,512 (+18.4%)

$164,100 + $993,100

$1,157,200

2024

$13,096 (−16.4%)

$164,100 + $759,500

$923,600

2023

$15,660 (+24.9%)

$164,100 + $759,500

$923,600

2022

$12,542 (+10.2%)

$164,100 + $940,300

$1,104,400

2021

$11,385 (+10.7%)

$110,200 + $692,800

$803,000

2020

$10,288 (+7.5%)

$110,200 + $692,800

$803,000

2019

$9,567 (+1.2%)

$110,200 + $664,500

$774,700

2018

$9,456 (+1.9%)

$110,300 + $664,500

$774,800

2017

$9,277 (+22.5%)

$110,300 + $672,600

$782,900

2016

$7,575 (+5.0%)

$110,300 + $672,600

$782,900

2015

$7,215 (−1.8%)

$110,300 + $583,200

$693,500

2014

$7,346 (+14.6%)

$110,300 + $575,400

$685,700

2013

$6,410

$110,300 + $588,100

$698,400

Tax history for 7940 Dean Rd

Year

Property tax

Land + Additions

Assessment*

2025

$15,512 (+18.4%)

$164,100 + $993,100

$1,157,200

2024

$13,096 (−16.4%)

$164,100 + $759,500

$923,600

2023

$15,660 (+24.9%)

$164,100 + $759,500

$923,600

2022

$12,542 (+10.2%)

$164,100 + $940,300

$1,104,400

2021

$11,385 (+10.7%)

$110,200 + $692,800

$803,000

2020

$10,288 (+7.5%)

$110,200 + $692,800

$803,000

2019

$9,567 (+1.2%)

$110,200 + $664,500

$774,700

2018

$9,456 (+1.9%)

$110,300 + $664,500

$774,800

2017

$9,277 (+22.5%)

$110,300 + $672,600

$782,900

2016

$7,575 (+5.0%)

$110,300 + $672,600

$782,900

2015

$7,215 (−1.8%)

$110,300 + $583,200

$693,500

2014

$7,346 (+14.6%)

$110,300 + $575,400

$685,700

2013

$6,410

$110,300 + $588,100

$698,400

*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
Permits

Beds

Baths

2.5

Stories

Lot width

60 ft.

Lot depth

198 ft.

Lot size

0.27 Acres

Year renovated

1988

Sq. Ft.

3,075

Year built

1988

Style

Single Family Residential

County

Marion County

APN

490220114018000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling District Seven

The D-7 District is intended for medium density residential development, accommodating multifamily dwellings, triplex, fourplex, two-family and single-family attached dwellings. The District may be applied anywhere within the metropolitan area, provided, however, it should be closely associated with the primary intensity generators, such as commercial shopping centers or industrial employment centers. The District requires superior street access and all public utilities and facilities. Provisions for various modes of travel and pedestrian linkages are critical. Well-planned, on-site recreational facilities, selected to fit the site and residents' needs, must be developed to answer the demands of the higher density of residents. The D-7 District has a typical density of 12 to 15 units per gross acre fulfilling the medium density residential recommendation of the Comprehensive General Land Use Plan. Development plans 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
Housing-Senior
Communications tower
Park & open space

Jan 3, 2011 • Active

Heating & cooling permit-1-2 family-replacement

Remove and replace the existing furnace and air conditioning unit with a new furnace and air conditioning unit.

HVAC

Jun 27, 2009 • Final

Heating & cooling permit-1-2 family-replacement

Replace the outdoor unit and all miscellaneous materials.

HVAC

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

Parking

Parking Information
Garage Parking Other: Floor Drain,Finished Garage,Service Door
Parking Features: Attached, Concrete, Garage Door Opener, Guest Parking
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 3075
Living Area: 3075
Main Level Sq. Ft.: 2715
Upper Level Sq. Ft.: 360
Lower/Basement Level Sq. Ft (Finished): 0

Bedroom Information
Primary Bedroom Description: Sinks Double,Deck,Tub Full with Separate Shower,Closet Walk in
# of Upper Bedrooms: 1
# of Bedrooms Main: 2
Beds MU: 3
Bedrooms MU: 3

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

Room 1 Information
Room Features: Carpet
Room Dimensions: 20x14
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 16x12
Room Level: Main

Room 3 Information
Room Type: Great Room
Room Features: Hardwood
Room Dimensions: 34x17
Room Level: Main

Room 4 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 14x14
Room Level: Main

Room 5 Information
Room Type: Sun Room
Room Features: Hardwood
Room Dimensions: 21x11
Room Level: Main

Room 6 Information
Room Type: Library
Room Features: Carpet
Room Dimensions: 11x10
Room Level: Main

Room 7 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 15x12
Room Level: Main

Room 8 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 15x12
Room Level: Upper

Room 9 Information
Room Type: Loft
Room Features: Carpet
Room Dimensions: 16x14
Room Level: Upper

Room 10 Information
Room Dimensions: 10x7
Room Level: Main

Other Rooms Information
# of Rooms: 10

Laundry Room Information
Laundry Features: Main Level

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Gas Log, Gas Starter, Great Room

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

Interior Features
Interior Features: Attic Access, Built In Book Shelves, Cathedral Ceiling(s), Walk-in Closet(s), Hardwood Floors, Skylight(s), Eat-in Kitchen
Appliances: Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Oven, Convection Oven, Refrigerator, Trash Compactor, Washer, Gas Water Heater, Humidifier, Water Softener Owned
Areas Interior: Great Room - 2 Story,Bedroom Other on Main

Exterior

Building Information
Percent Optional Level Finished: 75+%

Exterior Features
Patio And Porch Features: Open Patio
Exterior Features: Sprinkler System, Balcony, Dock
Fencing: Privacy

Waterfront Information
Waterfront Features: Lake Front

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Smoke Alarm
Property Type: Residential
Attached Property
Property Sub Type: Single Family Residence

Land Information
Acres: <1/4 Acre

Lot Information
Lot Size Acres: 0.2727
Lot Features: Street Lights, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Utilities: Cable Available, Gas
Solid Waste Information: Yes

Location

HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions,Special Assessment
Association Fee: $395
Association Fee Frequency: Monthly
Association Fee Includes: Association Builder Controls, Entrance Common, Irrigation, Lawncare, Maintenance Grounds, Management, Security, Snow Removal, Trash

School Information
High School District: MSD Washington Township

Location Information
Directions: From 82nd Street and Dean Road go south on Dean Road to entrance of Lake Clearwater on the right. Turn south and follow to 7940 Dean Road.
Tax Legal Description: LAKE CLEARWATER

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 3,075
Stories: 2.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: 1988
County: Marion County
APN: 490220114018000800

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: elainesellsindyhomes@gmail.com

Green Information
Green Certification YN: No

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

Around this home

Schools

Clearwater Elementary School

Public K-5 • Assigned • 0.3mi

7/10

Eastwood Middle School

Public 6-8 • Assigned • 2.2mi

9/10

North Central High School

Public 9-12 • Assigned • 1.8mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 69-77% 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 101° expected this year, 16 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

$1.06M – $1.29M

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Home values near 7940 Dean Rd

Data from public records.

Address	Redfin Estimate
7980 Dean Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 3075 Sq. Ft.	$996,821
7964 Dean Road, Indianapolis, IN 2 Beds \| 3 Baths \| 2280 Sq. Ft.	$1,041,687

Address	Redfin Estimate
7972 Dean Road, Indianapolis, IN 2 Beds \| 1 Baths \| 2280 Sq. Ft.	$831,567
7932 Dean Road Unit 0, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$901,170

Address	Redfin Estimate
7932 Dean Road, Indianapolis, IN 3 Beds \| 3.5 Baths \| 5134 Sq. Ft.	$1,472,141
7948 Dean Road Unit 0, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$547,307

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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