Google street view image for 7951 Lantern Rd, Indianapolis, IN 46256

OFF MARKET

$351,170

—

•

2 ba

•

2,380

sq ft

7951 Lantern Rd, Indianapolis, IN 46256

About this home

7951 Lantern Rd is a 2,380 square foot house on a 2.13 acre lot with 2 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $351,170.

Single-familyProperty Type

1955Year Built

2.13 acresLot Size

$148Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$351,170

$17K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.5% higher than the average sale price ($321K) of 5 comparable homes.

SOLD JUL 31, 2026
$320,000
A
2 beds2 baths2,212 sq ft
8295 Red Bud Ln, Indianapolis, IN 46256
SOLD AUG 10, 2026
$216,000
B
2 beds2 baths1,914 sq ft
8275 Red Bud Ln, Indianapolis, IN 46256
SOLD MAY 1, 2026
$320,000
C
3 beds2 baths2,000 sq ft
8605 E 86th St, Indianapolis, IN 46256
SOLD JUN 18, 2026
$416,000
D
3 beds2.5 baths2,339 sq ft
8853 Briarclift Rd, Indianapolis, IN 46256
SOLD MAY 22, 2026
$332,000
E
4 beds2.5 baths2,072 sq ft
9321 E 82nd St, Indianapolis, IN 46256

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Earn from this home

Sell

$328,928

Est. take-home

List your home with Redfin and save $3,512

Market trends in 46256, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

0.1% MoM

Median sale price

$321K

$2K MoM

Avg. days on market

16d

0 days MoM

Recently sold homes

119

2 MoM

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See all

Provided by Redfin

Sale history for 7951 Lantern Rd

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

Year

Property tax

Land + Additions

Assessment*

2025

$3,123 (−4.9%)

$73,800 + $206,100

$279,900

2024

$3,285 (+1.8%)

$73,800 + $194,300

$268,100

2023

$3,228 (+3.9%)

$73,800 + $194,300

$268,100

2022

$3,108 (+3.2%)

$73,800 + $186,600

$260,400

2021

$3,012 (+10.2%)

$73,800 + $158,000

$231,800

2020

$2,734 (+13.6%)

$73,800 + $158,000

$231,800

2019

$2,406 (+5.0%)

$73,800 + $131,400

$205,200

2018

$2,291 (−2.0%)

$73,800 + $126,100

$199,900

2017

$2,337 (+2.2%)

$73,800 + $118,900

$192,700

2016

$2,287 (+4.6%)

$73,800 + $118,900

$192,700

2015

$2,186 (−0.3%)

$73,800 + $114,500

$188,300

2014

$2,193 (+3.9%)

$73,800 + $118,000

$191,800

2013

$2,111

$73,800 + $122,300

$196,100

Tax history for 7951 Lantern Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,123 (−4.9%)

$73,800 + $206,100

$279,900

2024

$3,285 (+1.8%)

$73,800 + $194,300

$268,100

2023

$3,228 (+3.9%)

$73,800 + $194,300

$268,100

2022

$3,108 (+3.2%)

$73,800 + $186,600

$260,400

2021

$3,012 (+10.2%)

$73,800 + $158,000

$231,800

2020

$2,734 (+13.6%)

$73,800 + $158,000

$231,800

2019

$2,406 (+5.0%)

$73,800 + $131,400

$205,200

2018

$2,291 (−2.0%)

$73,800 + $126,100

$199,900

2017

$2,337 (+2.2%)

$73,800 + $118,900

$192,700

2016

$2,287 (+4.6%)

$73,800 + $118,900

$192,700

2015

$2,186 (−0.3%)

$73,800 + $114,500

$188,300

2014

$2,193 (+3.9%)

$73,800 + $118,000

$191,800

2013

$2,111

$73,800 + $122,300

$196,100

*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 Suburban District

The D-S District is intended for suburban areas of extreme topography, areas conducive to estate development, or areas where it is desirable to permit only low density development (such as adjacent to floodplains, aquifers, urban conservation areas, within the extended alignment of airport runways, etc.). Generous front yards with trees along roadways that follow the natural terrain of the land are envisioned for the D-S District. Estate development in a natural setting is the typical realization of the District. The D-S District provides for single-family residential lots consisting of at least one acre. A typical density for the D-S District is 0.4 units per gross acre. This District fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. Development plans would likely use the cluster option when subdividing and 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
Communications tower
Park & open space

Property details

Interior

Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 12

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

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace

Exterior

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

Property Information
Living Sq. Ft: 2,380
Adjusted Gross Sq. Ft: 2,380
Ground Floor Sq. Ft: 1,540
Building Sq. Ft: 3,005
# of Stories: 2
Legal Description: PT S1/2 SW1/4 S19 T17 R5 BEG 941.2FT W OF SE COR W332FT NW 263.82FT N 153.05FT SE 530.33FT S91.97FT TO BEG (TRACT R) 2.13AC

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 625
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 92,783
Municipality Name: LAWRENCE,OUTSIDE
Acres: 2.13
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: 2.0
Sq. Ft.: 2,380
Stories: 2.0
Lot Size: 2.13 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1955
County: Marion County
APN: 490119104002000400

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Crestview Elementary School

Public 1-6 • Assigned • 1.6mi

5/10

Fall Creek Valley Middle School

Public 7-8 • Assigned • 2.1mi

4/10

Lawrence North High School

Public 9-12 • Assigned • 1.5mi

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, 16 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 • 46256

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

$334,000 – $404,000

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Home values near 7951 Lantern Rd

Data from public records.

Address	Redfin Estimate
8101 Lantern Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2915 Sq. Ft.	$490,649
7901 Lantern Rd, Indianapolis, IN 3 Beds \| 3 Baths \| 3298 Sq. Ft.	$536,738

Address	Redfin Estimate
8100 Lantern Rd, Indianapolis, IN 5 Beds \| 3.5 Baths \| 4799 Sq. Ft.	$776,777
7965 Lantern Rd, Indianapolis, IN 4 Beds \| 3 Baths \| 5490 Sq. Ft.	$912,909

Address	Redfin Estimate
8080 Lantern Rd, Indianapolis, IN - Beds \| 1.5 Baths \| 2313 Sq. Ft.	$577,987
7902 Lantern Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2429 Sq. Ft.	$420,436

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