OFF MARKET

Off market sep 2021 for $300K

$407,004

•

2,384

sq ft

8639 El Rico Dr, Indianapolis, IN 46240

About this home

BIG backyard! This well maintained Washington Township ranch home sits on just shy of 1 acre ~ conveniently located to schools, shopping, dining & interstates. Tall fencing, wooded rear perimeter and large lot provide the ultimate backyard sanctuary. Relax w/ a cold drink at the "Tiki Bar" or on the oversized deck. Watch the stars fireside as there is so much room to roam! Inside features solid surface countertops, stainless steel kitchen appliances and original hardwood floors. Gas log fireplace anchors the living room + flex space from attached garage is key. Full, functional basement w/ laundry + storage room, home theater & built-in bar. This beloved home is ready for new owners to enjoy all it has to offer, so make yours today!

Single-familyProperty Type

1953Year Built

0.95 acresLot Size

$171Est. Price/Sq.Ft.

2 car garageParking

Listed by Doug Fredbeck • Keller Williams Indpls Metro N

Contact: doug.fredbeck@kw.com

Bought with Megan Deck • Carpenter, REALTORS®

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21806588

Redfin Estimate

$407,004

$107K since sold in September 2021$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 31.6% higher than the average sale price ($309K) of 6 comparable homes.

SOLD OCT 1, 2026
$335,500
A
3 beds2 baths2,680 sq ft
8645 El Rico Dr, Indianapolis, IN 46240
SOLD OCT 9, 2026
$281,000
B
3 beds2.5 baths3,270 sq ft
8632 El Rico Dr, Indianapolis, IN 46240
SOLD MAY 5, 2026
$305,000
C
3 beds2.5 baths2,644 sq ft
2212 E 86th St, Indianapolis, IN 46240
SOLD JUL 16, 2026
$250,000
D
3 beds2 baths2,621 sq ft
8625 Rosewood Ln, Indianapolis, IN 46240
SOLD SEP 11, 2026
$389,000
E
3 beds2 baths1,974 sq ft
8131 Englewood Rd, Indianapolis, IN 46240
SOLD SEP 18, 2026
$295,000
F
3 beds1.5 baths1,652 sq ft
8615 El Rico Dr, Indianapolis, IN 46240

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Earn from this home

Sell

$165,557

Est. take-home

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Rent

$1,667/mo

Redfin rental estimate

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Market trends in 46240, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

97.5%

0.4% MoM

Median sale price

$413K

$5K MoM

Avg. days on market

24d

4 days MoM

Recently sold homes

5 MoM

New listings for sale

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$399,900
3 beds2 baths1,882 sq ft
2524 E 88th St, Indianapolis, IN 46240
$369,900
2 beds2 baths1,756 sq ft
7461 Longleat Rd, Indianapolis, IN 46240
$415,000
2 beds2.5 baths1,922 sq ft
8108 River Bay W, Indianapolis, IN 46240
$269,000
2 beds1.5 baths1,024 sq ft
7218 Harbour Isle, Indianapolis, IN 46240
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See all

Provided by Redfin

Sale history for 8639 El Rico Dr

Date

Event

Price

MIBOR as Distributed by MLS Grid #21806588

Sep 23, 2021

Sold

$300,000

$126/sq ft

Aug 30, 2021

Pending

—

Aug 26, 2021

Listed

$289,000

$121/sq ft

MIBOR as Distributed by MLS Grid #21167456

May 21, 2012

Listing Removed

—

May 21, 2012

Sold

$152,500

$64/sq ft

Mar 23, 2012

Listed

$159,900

$67/sq ft

+15

Ranch home on almost an acre wooded lot with a dry basement! Sellers did it right! Neutral colors, Granite counter tops in kitchen, w/neutral tile flooring. Nice Hardwood flooring throughout home! Room off kitchen provides many options & has half bath! An "All dry" system in basement! Basement provides many options, large room with wood burning stove can be finished as Rec Room. Finished room could be home theater room. Large Laundry area. Deck in back w/built in bench&well maintained hot tub.

Year

Property tax

Land + Additions

Assessment*

2025

$4,693 (+1.0%)

$102,000 + $268,900

$370,900

2024

$4,645 (+3.8%)

$102,000 + $231,000

$333,000

2023

$4,476 (+13.8%)

$102,000 + $231,000

$333,000

2022

$3,933 (+48.8%)

$102,000 + $231,000

$333,000

2021

$2,643 (+5.0%)

$33,000 + $162,900

$195,900

2020

$2,517 (+15.7%)

$33,000 + $162,900

$195,900

2019

$2,176 (+9.3%)

$33,000 + $161,900

$194,900

2018

$1,991 (+3.2%)

$33,000 + $150,000

$183,000

2017

$1,928 (+17.0%)

$33,000 + $138,600

$171,600

2016

$1,648 (+13.1%)

$33,000 + $138,600

$171,600

2015

$1,457 (−3.6%)

$33,000 + $126,000

$159,000

2014

$1,512 (+6.2%)

$33,000 + $128,900

$161,900

2013

$1,424

$33,000 + $134,000

$167,000

Tax history for 8639 El Rico Dr

Year

Property tax

Land + Additions

Assessment*

2025

$4,693 (+1.0%)

$102,000 + $268,900

$370,900

2024

$4,645 (+3.8%)

$102,000 + $231,000

$333,000

2023

$4,476 (+13.8%)

$102,000 + $231,000

$333,000

2022

$3,933 (+48.8%)

$102,000 + $231,000

$333,000

2021

$2,643 (+5.0%)

$33,000 + $162,900

$195,900

2020

$2,517 (+15.7%)

$33,000 + $162,900

$195,900

2019

$2,176 (+9.3%)

$33,000 + $161,900

$194,900

2018

$1,991 (+3.2%)

$33,000 + $150,000

$183,000

2017

$1,928 (+17.0%)

$33,000 + $138,600

$171,600

2016

$1,648 (+13.1%)

$33,000 + $138,600

$171,600

2015

$1,457 (−3.6%)

$33,000 + $126,000

$159,000

2014

$1,512 (+6.2%)

$33,000 + $128,900

$161,900

2013

$1,424

$33,000 + $134,000

$167,000

*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

134 ft.

Lot depth

308 ft.

Lot size

0.95 Acres

Year renovated

1975

Sq. Ft.

1,802

Year built

1953

Style

Single Family Residential

County

Marion County

APN

490218121013000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 2026.

METRO

Dwelling Agriculture District

The D-A District holds the agricultural lands of Marion County and provides for a variety of agricultural uses. It is intended to provide for animal and poultry husbandry, farming, cultivation of crops, dairying, pasturage, floriculture, horticulture, viticulture, apiaries, aquaculture, hydroponics, together with necessary, accompanying accessory uses, buildings, or structures for housing, packing, treating, or storing said products; or lands devoted to a soil conservation or forestry management program. A single-family dwelling is intended to be permitted as a part of such agricultural uses. A secondary provision of this District is large estate development of single-family dwellings. This District fulfills the very low density residential classification of the Comprehensive General Land Use Plan. This District does not require public water and sewer facilities.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Agriculture
Housing-Group
Housing-Single unit
Research & development
Communications tower
Veterinary clinic
Park & open space

Jun 7, 1999 • Final

Heating & cooling permit-1-2 family-replacement

HVAC

Mar 1, 1996 • Final

Structural permit-1-2 family-miscellaneous

Tear off the existing roof and install a new roof.

Roofing

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
Parking Features: Asphalt, Attached
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 2384
Living Area: 1192
Main Level Sq. Ft.: 1192
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 447

Bedroom Information
# 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): 1
# of Full Baths (Basement): 1
# of Half Baths (Main): 1
Half Baths MU: 1
Half Bathrooms MU: 1
Full Baths MU: 3
Full Bathrooms MU: 1

Room 1 Information
Room Type: Bedroom 3
Room Features: Hardwood
Room Dimensions: 12x8
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 13x12
Room Level: Main

Room 3 Information
Room Type: Dining Room
Room Features: Hardwood
Room Dimensions: 11x8
Room Level: Main

Room 4 Information
Room Features: Carpet
Room Dimensions: 16x12
Room Level: Main

Room 5 Information
Room Type: Sun Room
Room Dimensions: 13x12
Room Level: Main

Room 6 Information
Room Type: Living Room
Room Features: Hardwood
Room Dimensions: 18x14
Room Level: Main

Room 7 Information
Room Type: Kitchen
Room Dimensions: 15x8
Room Level: Main

Room 8 Information
Room Type: Bonus Room
Room Features: Carpet
Room Dimensions: 17x13
Room Level: Basement

Room 9 Information
Room Dimensions: 20x8
Room Level: Basement

Room 10 Information
Room Type: Play Room
Room Dimensions: 24x22
Room Level: Basement

Other Rooms Information
Rooms Upper: 0
Rooms Main: 7
Rooms Basement: 3
# of Rooms: 10

Laundry Room Information
Laundry Features: In Basement

Basement Information
Has Basement
Basement Features: Full, Partial, Finished Walls, Daylight/Lookout Windows, Sump Pump Dual

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

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

Interior Features
Interior Features: Attic Pull Down Stairs, Hardwood Floors, Wood Work Painted
Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned

Exterior

Building Information
Percent Optional Level Finished: 25-50%

Exterior Features
Patio And Porch Features: Breeze Way, Deck Main Level
Exterior Features: Barn Mini
Fencing: Fence Complete

Pool Information
Spa Features: Private

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

Land Information
Acres: 1/2-1 Acre

Lot Information
Lot Size Acres: 0.95
Lot Features: Mature Trees, Wooded

Utilities

Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Private Well
Utilities: Cable Connected, Gas
Solid Waste Information: Yes

Location

School Information
High School District: MSD Washington Township

Location Information
Directions: West on 86th St from Keystone Ave to El Rico Dr, turn North on El Rico Dr to home on right (East) side of street.
Tax Legal Description: PT SW1/4 S18T17R4 BEG 360

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 1,802
Stories: 1.0
Lot Size: 0.95 acres
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1975
County: Marion County
APN: 490218121013000800

Home facts updated by county records on Oct 19, 2026

Other

Listing Information
Attribution Contact: doug.fredbeck@kw.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Block
Construction Materials: Stone, Vinyl Siding
Levels: One

Around this home

Schools

Nora Elementary School

Public PreK-5 • Assigned • 1.0mi

5/10

Northview Middle School

Public 6-8 • Assigned • 0.6mi

8/10

North Central High School

Public 9-12 • Assigned • 0.4mi

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 102° expected this year, 17 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

$387,000 – $469,000

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Home values near 8639 El Rico Dr

Data from public records.

Address	Redfin Estimate
8810 El Rico Dr, Indianapolis, IN 3 Beds \| 2 Baths \| 2351 Sq. Ft.	$343,676
8645 El Rico Dr, Indianapolis, IN 3 Beds \| 2 Baths \| 2680 Sq. Ft.	$341,708

Address	Redfin Estimate
8620 El Rico Dr, Indianapolis, IN 3 Beds \| - Baths \| 1824 Sq. Ft.	$442,722
8642 El Rico Dr, Indianapolis, IN 3 Beds \| 2 Baths \| 2802 Sq. Ft.	$374,332

Address	Redfin Estimate
8804 El Rico Dr, Indianapolis, IN - Beds \| 1.5 Baths \| 1858 Sq. Ft.	$396,283
8803 El Rico Dr, Indianapolis, IN 3 Beds \| - Baths \| 1326 Sq. Ft.	$350,501

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2021. This data may not match . Learn more.

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