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Sold

$343,337

•

2.5 ba

•

2,352

sq ft

8841 El Rico Dr, Indianapolis, IN 46240

About this home

Incredible value in Washington Township! This 3,219 finished sq. ft. fixer upper has 3 bedrooms, 2.5 bathrooms and a large 1,380 sq. ft. unfinished basement. Nestled in a quiet neighborhood just minutes from Keystone Avenue, this property sits on over 1.5 acres with a large front and back yard. Home is need of new flooring, paint and minor repairs. With some work, this home could truly be amazing!

Single-familyProperty Type

1998Year Built

1.52 acresLot Size

$146Est. Price/Sq.Ft.

2 car garageParking

Source:Public Records

Redfin Estimate

$343,337

$128K since last sold$5,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9% lower than the average sale price ($377K) of 6 comparable homes.

SOLD OCT 9, 2026
$281,000
A
3 beds2.5 baths3,270 sq ft
8632 El Rico Dr, Indianapolis, IN 46240
SOLD OCT 1, 2026
$335,500
B
3 beds2 baths2,680 sq ft
8645 El Rico Dr, Indianapolis, IN 46240
SOLD JUL 17, 2026
$455,000
C
3 beds3.5 baths3,727 sq ft
2004 E 91st St, Indianapolis, IN 46240
SOLD OCT 14, 2026
$405,000
D
4 beds2.5 baths3,346 sq ft
8754 Nora Woods Dr, Indianapolis, IN 46240
SOLD AUG 3, 2026
$418,000
E
3 beds2.5 baths1,918 sq ft
2136 Sequoia Ln, Indianapolis, IN 46240
SOLD JUL 24, 2026
$370,000
F
4 beds2.5 baths3,109 sq ft
1538 Pittwood Dr, Indianapolis, IN 46240

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$321,545

Est. take-home

List your home with Redfin and save $3,433

Rent

$1,795/mo

Redfin rental estimate

List your home for rent

Market trends in 46240, IN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

97.3%

0.2% MoM

Median sale price

$367K

$46K MoM

Avg. days on market

28d

4 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 1 DAY AGO
$74,900
3 beds1 bath960 sq ft
1623 E 73rd St, Indianapolis, IN 46240
$99,900
2 beds1 bath875 sq ft
1535 Haynes Ave, Indianapolis, IN 46240
OPEN SAT, 12PM TO 2PM
$575,000
3 beds2.5 baths2,385 sq ft
8368 Washington Blvd, Indianapolis, IN 46240
OPEN SUN, 12PM TO 2PM
$799,900
3 beds2 baths2,310 sq ft
9170 Kerwood Dr, Indianapolis, IN 46240
$245,000
3 beds1 bath1,127 sq ft
1905 E 75th St, Indianapolis, IN 46240
OPEN SUN, 2PM TO 5PM
$695,000
4 beds2 baths3,636 sq ft
7435 Central Ave, Indianapolis, IN 46240
$324,900
2 beds2.5 baths2,073 sq ft
3533 E 75th Pl, Indianapolis, IN 46240
$459,900
3 beds3.5 baths3,031 sq ft
3313 Bay Point Dr, Indianapolis, IN 46240
$490,000
3 beds3 baths3,692 sq ft
8473 Sand Point Way, Indianapolis, IN 46240
$315,000
3 beds1.5 baths1,413 sq ft
7353 N Tuxedo St, Indianapolis, IN 46240
See all

Provided by Redfin

Sale history for 8841 El Rico Dr

Year

Property tax

Land + Additions

Assessment*

2025

$5,024 (+1.6%)

$88,700 + $290,800

$379,500

2024

$4,944 (+1.5%)

$88,700 + $248,300

$337,000

2023

$4,870 (+13.7%)

$88,700 + $248,300

$337,000

2022

$4,285 (+10.1%)

$88,700 + $255,200

$343,900

2021

$3,892 (+13.9%)

$29,100 + $244,500

$273,600

2020

$3,418 (+13.4%)

$29,100 + $244,500

$273,600

2019

$3,013 (+6.6%)

$29,100 + $224,200

$253,300

2018

$2,825 (−31.8%)

$29,100 + $207,800

$236,900

2017

$4,142 (+15.4%)

$29,100 + $313,400

$342,500

2016

$3,588 (+8.9%)

$29,100 + $313,400

$342,500

2015

$3,294 (−6.2%)

$29,100 + $288,400

$317,500

2014

$3,511 (+9.2%)

$29,100 + $277,300

$306,400

2013

$3,214

$29,100 + $298,100

$327,200

Tax history for 8841 El Rico Dr

Year

Property tax

Land + Additions

Assessment*

2025

$5,024 (+1.6%)

$88,700 + $290,800

$379,500

2024

$4,944 (+1.5%)

$88,700 + $248,300

$337,000

2023

$4,870 (+13.7%)

$88,700 + $248,300

$337,000

2022

$4,285 (+10.1%)

$88,700 + $255,200

$343,900

2021

$3,892 (+13.9%)

$29,100 + $244,500

$273,600

2020

$3,418 (+13.4%)

$29,100 + $244,500

$273,600

2019

$3,013 (+6.6%)

$29,100 + $224,200

$253,300

2018

$2,825 (−31.8%)

$29,100 + $207,800

$236,900

2017

$4,142 (+15.4%)

$29,100 + $313,400

$342,500

2016

$3,588 (+8.9%)

$29,100 + $313,400

$342,500

2015

$3,294 (−6.2%)

$29,100 + $288,400

$317,500

2014

$3,511 (+9.2%)

$29,100 + $277,300

$306,400

2013

$3,214

$29,100 + $298,100

$327,200

*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

2.5

Lot width

213 ft.

Lot depth

310 ft.

Lot size

1.52 Acres

Year renovated

1998

Sq. Ft.

2,352

Year built

1998

Style

Single Family Residential

County

Marion County

APN

490218121040000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 2026.

METRO

TOD

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
Transit Oriented Development Secondary Zoning District

Permitted uses

Include but are not limited to:

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

Dec 11, 2017 • Final

Heating & cooling - 1-2 family

Replace the furnace and air conditioner in a residential building.

HVAC

Jun 3, 1998 • Active

Heating & cooling permit-1-2 family-new install

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

Around this home

Schools

K - 12
Preschool & daycare

Nora Elementary School

Public PreK-5 • Assigned • 1.0mi

5/10

Northview Middle School

Public 6-8 • Assigned • 0.8mi

8/10

North Central High School

Public 9-12 • Assigned • 0.6mi

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, 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

$327,000 – $395,000

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Home values near 8841 El Rico Dr

Data from public records.

Address	Redfin Estimate
8839 El Rico Dr, Indianapolis, IN 3 Beds \| 2 Baths \| 1203 Sq. Ft.	$387,192
8838 El Rico Dr, Indianapolis, IN 3 Beds \| - Baths \| 1588 Sq. Ft.	$396,626
8833 El Rico Dr, Indianapolis, IN 3 Beds \| - Baths \| 1274 Sq. Ft.	$325,557
8828 El Rico Dr, Indianapolis, IN 3 Beds \| 2 Baths \| 2746 Sq. Ft.	$390,893
8840 El Rico Dr, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2486 Sq. Ft.	$433,277
2107 East 91st St, Indianapolis, IN 3 Beds \| 2 Baths \| 1864 Sq. Ft.	$347,294
8816 Manderley Dr, Indianapolis, IN 3 Beds \| - Baths \| 2144 Sq. Ft.	$321,763

Address	Redfin Estimate
8822 El Rico Dr, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2140 Sq. Ft.	$412,411
8848 El Rico Dr, Indianapolis, IN 3 Beds \| 3.5 Baths \| 4332 Sq. Ft.	$459,116
8827 El Rico Dr, Indianapolis, IN 3 Beds \| - Baths \| 1248 Sq. Ft.	$411,668
8816 El Rico Dr, Indianapolis, IN 3 Beds \| 2 Baths \| 1370 Sq. Ft.	$377,219
8889 Cholla Rd, Indianapolis, IN 5 Beds \| 3 Baths \| 3761 Sq. Ft.	—
8904 Manderley Dr, Indianapolis, IN 4 Beds \| 1.5 Baths \| 3465 Sq. Ft.	$496,697
8820 Manderley Dr, Indianapolis, IN 3 Beds \| - Baths \| 1710 Sq. Ft.	$312,246

Address	Redfin Estimate
8844 El Rico Dr, Indianapolis, IN - Beds \| 1 Baths \| 2054 Sq. Ft.	$435,225
8815 El Rico Dr, Indianapolis, IN 3 Beds \| - Baths \| 1736 Sq. Ft.	$365,495
8821 El Rico Dr, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1986 Sq. Ft.	$337,297
8852 El Rico Dr, Indianapolis, IN 3 Beds \| 2 Baths \| 1516 Sq. Ft.	$204,655
2004 East 91st St, Indianapolis, IN 3 Beds \| 3.5 Baths \| 3727 Sq. Ft.	$471,722
2210 East 91st St, Indianapolis, IN 2 Beds \| - Baths \| 1324 Sq. Ft.	$353,629
8908 Manderley Dr, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2136 Sq. Ft.	$334,099

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