Google street view image for 8706 Spring Valley Ln, Indianapolis, IN 46231

Off market

$224,892

•

1 ba

•

2,052

sq ft

8706 Spring Valley Ln, Indianapolis, IN 46231

About this home

8706 Spring Valley Ln is a 2,052 square foot house on a 0.29 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $224,892.

Single-familyProperty Type

1975Year Built

0.29 acresLot Size

$110Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$224,892

$0 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 23.1% lower than the average sale price ($292K) of 6 comparable homes.

SOLD OCT 9, 2026
$304,000
A
3 beds2 baths1,640 sq ft
1041 New Harmony Dr, Indianapolis, IN 46231
SOLD JUL 9, 2026
$240,000
B
3 beds1.5 baths1,374 sq ft
8608 Stonewall Dr, Indianapolis, IN 46231
SOLD SEP 10, 2026
$306,000
C
3 beds2.5 baths2,288 sq ft
9066 Bakeway Dr, Indianapolis, IN 46231
SOLD JUL 17, 2026
$270,000
D
4 beds2 baths2,100 sq ft
8614 Stonewall Dr, Indianapolis, IN 46231
SOLD SEP 11, 2026
$370,000
E
3 beds2.5 baths2,191 sq ft
505 Greenlee Dr, Indianapolis, IN 46234
SOLD MAR 30, 2026
$264,000
F
4 beds2 baths2,040 sq ft
8605 Spring Valley Ln, Indianapolis, IN 46231

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Earn from this home

Sell

$209,898

Est. take-home

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Rent

$1,732/mo

Redfin rental estimate

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Market trends in 46231, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

96.9%

0.8% MoM

Median sale price

$250K

$6K MoM

Avg. days on market

24d

22 days MoM

Recently sold homes

5 MoM

New listings for sale

OPEN THU, 5PM TO 6PM
$535,000
3 beds2.5 baths2,897 sq ft
732 Bakeway Ct, Indianapolis, IN 46231
NEW 11 HRS AGO
$244,900
3 beds2 baths1,264 sq ft
9132 Blue Pine Dr, Indianapolis, IN 46231
NEW 1 DAY AGO
$305,000
3 beds2 baths2,200 sq ft
10676 Huntwick Dr, Indianapolis, IN 46231
3D WALKTHROUGH
$330,000
3 beds2.5 baths3,941 sq ft
9113 Tenor Way, Indianapolis, IN 46231
$320,000
5 beds3 baths3,958 sq ft
9119 Baritone Ct, Indianapolis, IN 46231
$275,000
3 beds2.5 baths1,867 sq ft
9045 Cardinal Flower Ct, Indianapolis, IN 46231
$395,000
6 beds2.5 baths3,958 sq ft
10649 Wiley Ln, Indianapolis, IN 46231
$285,000
3 beds2.5 baths2,434 sq ft
9118 Cardinal Flower Ct, Indianapolis, IN 46231
$495,900
5 beds4.5 baths5,490 sq ft
1318 Scotland Blvd, Indianapolis, IN 46231
OPEN SUN, 12PM TO 2PM
$280,000
3 beds2.5 baths2,078 sq ft
10920 Zimmerman Ln, Indianapolis, IN 46231
See all

Provided by Redfin

Sale history for 8706 Spring Valley Ln

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

Year

Property tax

Land + Additions

Assessment*

2025

$2,540 (−3.2%)

$22,500 + $205,400

$227,900

2024

$2,625 (−2.3%)

$22,500 + $192,600

$215,100

2023

$2,687 (+1.5%)

$22,500 + $192,600

$215,100

2022

$2,647 (+13.2%)

$22,500 + $192,600

$215,100

2021

$2,338 (+5.3%)

$22,500 + $142,700

$165,200

2020

$2,220 (+23.4%)

$22,500 + $142,700

$165,200

2019

$1,798 (+10.1%)

$22,500 + $129,800

$152,300

2018

$1,634 (+4.9%)

$22,500 + $102,700

$125,200

2017

$1,557 (+6.5%)

$22,500 + $98,100

$120,600

2016

$1,462 (+9.8%)

$22,500 + $98,100

$120,600

2015

$1,331 (+13.1%)

$22,500 + $91,100

$113,600

2014

$1,177 (+6.4%)

$22,500 + $88,500

$111,000

2013

$1,106

$22,500 + $87,200

$109,700

Tax history for 8706 Spring Valley Ln

Year

Property tax

Land + Additions

Assessment*

2025

$2,540 (−3.2%)

$22,500 + $205,400

$227,900

2024

$2,625 (−2.3%)

$22,500 + $192,600

$215,100

2023

$2,687 (+1.5%)

$22,500 + $192,600

$215,100

2022

$2,647 (+13.2%)

$22,500 + $192,600

$215,100

2021

$2,338 (+5.3%)

$22,500 + $142,700

$165,200

2020

$2,220 (+23.4%)

$22,500 + $142,700

$165,200

2019

$1,798 (+10.1%)

$22,500 + $129,800

$152,300

2018

$1,634 (+4.9%)

$22,500 + $102,700

$125,200

2017

$1,557 (+6.5%)

$22,500 + $98,100

$120,600

2016

$1,462 (+9.8%)

$22,500 + $98,100

$120,600

2015

$1,331 (+13.1%)

$22,500 + $91,100

$113,600

2014

$1,177 (+6.4%)

$22,500 + $88,500

$111,000

2013

$1,106

$22,500 + $87,200

$109,700

*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

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Dwelling District Four

The D-4 District is intended for low or medium intensity single-family and two-family residential development. Land in this District needs good thoroughfare access, relatively flat topography, and nearby community and neighborhood services and facilities with pedestrian linkages. Provisions for recreational facilities serving the neighborhood within walking distance are vitally important. Trees fulfill an important cooling and drainage role for the individual lots in this District. The D-4 District has a typical density of 4.2 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 conditions, including vegetation, topography, drainage and wildlife.

Zone overlays

Airspace Secondary Zoning District
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

Interior

Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 8

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

Room Information
# of Rooms: 8

Exterior

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

Pool Information
Pool Type: Above Ground
Has Pool

Property Information
Subdivision Name: SPRING VALLEY SEC I
Living Sq. Ft: 2,052
Adjusted Gross Sq. Ft: 2,052
Ground Floor Sq. Ft: 988
Building Sq. Ft: 2,492
# of Stories: 2
Legal Description: SPRING VALLEY SEC I L18

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 440
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 12,589
Legal Lot Number: 18
Municipality Name: WAYNE OUTSIDE
Acres: 0.289
Depth Footage: 150
Front Footage: 84
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 2,052
Stories: 2.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1975
Year Renovated: 1975
County: Marion County
APN: 491209110011000900

Home facts updated by county records on Oct 19, 2026

Around this home

Schools

Bridgeport Elementary School

Public PreK-6 • Assigned • 0.6mi

4/10

Ben Davis Ninth Grade Center

Public 9 • Assigned • 2.3mi

Ben Davis High School

Public 10-12 • Assigned • 2.2mi

3/10

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, 19 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, 5 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46231

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 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$214,000 – $259,000

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New listings for sale in 46231

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0.25 acre lot • 2 garage spots • Built 2001

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Dedicated office • Huge great room • Conveniently located

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Remodeled bathrooms • New roof • New kitchen

Home values near 8706 Spring Valley Ln

Data from public records.

Address	Redfin Estimate
8720 Spring Valley Lane, Indianapolis, IN 3 Beds \| 1 Baths \| 1868 Sq. Ft.	$269,746
706 Spring Valley Court, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1224 Sq. Ft.	$226,783

Address	Redfin Estimate
8711 Spring Valley Lane, Indianapolis, IN 4 Beds \| 1 Baths \| 2142 Sq. Ft.	$228,125
707 Spring Valley Court, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2186 Sq. Ft.	$278,160

Address	Redfin Estimate
8715 Spring Valley Lane, Indianapolis, IN 4 Beds \| 3 Baths \| 2414 Sq. Ft.	$334,444
8705 Spring Valley Lane, Indianapolis, IN 3 Beds \| 1 Baths \| 1892 Sq. Ft.	$231,451

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