Google street view image for 8844 El Rico Dr, Indianapolis, IN 46240

Off market

$435,225

—

•

1 ba

•

2,054

sq ft

8844 El Rico Dr, Indianapolis, IN 46240

About this home

8844 El Rico Dr is a 2,054 square foot house on a 0.61 acre lot with 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $435,225.

Single-familyProperty Type

1987Year Built

0.61 acresLot Size

$212Est. Price/Sq.Ft.

2 car garageParking

Source:Public Records

Redfin Estimate

$435,225

$1,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.6% higher than the average sale price ($424K) of 6 comparable homes.

SOLD SEP 17, 2026
$469,000
A
4 beds2.5 baths2,367 sq ft
2535 Pleasant Way W, Carmel, IN 46280
SOLD OCT 14, 2026
$422,500
B
3 beds3 baths2,040 sq ft
9634 Maple Dr, Carmel, IN 46280
SOLD JUL 1, 2026
$450,000
C
4 beds2.5 baths2,690 sq ft
9605 Lincoln Blvd, Carmel, IN 46280
SOLD JUL 24, 2026
$370,000
D
4 beds2.5 baths3,109 sq ft
1538 Pittwood Dr, Indianapolis, IN 46240
SOLD AUG 7, 2026
$415,000
E
4 beds2 baths1,944 sq ft
9230 Westfield, Indianapolis, IN 46240
SOLD AUG 3, 2026
$418,000
F
3 beds2.5 baths1,918 sq ft
2136 Sequoia Ln, Indianapolis, IN 46240

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Earn from this home

Sell

$408,158

Est. take-home

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Rent

$1,613/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 8844 El Rico Dr

Year

Property tax

Land + Additions

Assessment*

2025

$4,887 (+4.4%)

$68,100 + $316,800

$384,900

2024

$4,683 (+4.4%)

$68,100 + $268,700

$336,800

2023

$4,485 (+1.3%)

$68,100 + $268,700

$336,800

2022

$4,427 (+10.8%)

$68,100 + $268,700

$336,800

2021

$3,997 (+14.6%)

$22,300 + $265,500

$287,800

2020

$3,488 (+14.1%)

$22,300 + $265,500

$287,800

2019

$3,057 (+8.3%)

$22,300 + $243,500

$265,800

2018

$2,822 (+0.2%)

$22,300 + $225,600

$247,900

2017

$2,818 (+16.2%)

$22,300 + $214,500

$236,800

2016

$2,425 (+18.4%)

$22,300 + $214,500

$236,800

2015

$2,049 (−3.0%)

$22,300 + $195,000

$217,300

2014

$2,112 (+6.5%)

$22,300 + $185,200

$207,500

2013

$1,983

$22,300 + $191,200

$213,500

Tax history for 8844 El Rico Dr

Year

Property tax

Land + Additions

Assessment*

2025

$4,887 (+4.4%)

$68,100 + $316,800

$384,900

2024

$4,683 (+4.4%)

$68,100 + $268,700

$336,800

2023

$4,485 (+1.3%)

$68,100 + $268,700

$336,800

2022

$4,427 (+10.8%)

$68,100 + $268,700

$336,800

2021

$3,997 (+14.6%)

$22,300 + $265,500

$287,800

2020

$3,488 (+14.1%)

$22,300 + $265,500

$287,800

2019

$3,057 (+8.3%)

$22,300 + $243,500

$265,800

2018

$2,822 (+0.2%)

$22,300 + $225,600

$247,900

2017

$2,818 (+16.2%)

$22,300 + $214,500

$236,800

2016

$2,425 (+18.4%)

$22,300 + $214,500

$236,800

2015

$2,049 (−3.0%)

$22,300 + $195,000

$217,300

2014

$2,112 (+6.5%)

$22,300 + $185,200

$207,500

2013

$1,983

$22,300 + $191,200

$213,500

*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

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

Property details

Interior

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

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

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

Exterior

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

Property Information
Living Sq. Ft: 2,054
Adjusted Gross Sq. Ft: 2,054
Ground Floor Sq. Ft: 2,054
Building Sq. Ft: 2,542
# of Stories: 1
Legal Description: PT W1/2 SW1/4 S18 T17 R4 BEG 2107.84'N OF SW COR;N85.3' E310' S85.3' W310' TO BEG (EL RICO ADDSURVEY PT. TR Y & TR Z) 0.607AC

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 488
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 26,441
Municipality Name: WASHINGTON,OUTSIDE
Acres: 0.607
Depth Footage: 310
Front Footage: 85
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 2,054
Stories: 1.0
Lot Size: 0.61 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: 1987
County: Marion County
APN: 490218121039000800

Home facts updated by county records on Oct 19, 2026

Around this home

Schools

K - 12
Preschool & daycare

Nora Elementary School

Public PreK-5 • Assigned • 0.9mi

5/10

Northview Middle School

Public 6-8 • Assigned • 0.7mi

8/10

North Central High School

Public 9-12 • Assigned • 0.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

3/10 Flood Factor

Estimated 10-14% 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 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

$414,000 – $501,000

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Home values near 8844 El Rico Dr

Data from public records.

Address	Redfin Estimate
8810 El Rico Drive, Indianapolis, IN 3 Beds \| 2 Baths \| 2351 Sq. Ft.	$341,248
8838 El Rico Drive, Indianapolis, IN 3 Beds \| - Baths \| 1588 Sq. Ft.	$396,626
8833 El Rico Drive, Indianapolis, IN 3 Beds \| - Baths \| 1274 Sq. Ft.	$325,557
8828 El Rico Drive, Indianapolis, IN 3 Beds \| 2 Baths \| 2746 Sq. Ft.	$390,893
8852 El Rico Drive, Indianapolis, IN 3 Beds \| 2 Baths \| 1516 Sq. Ft.	$204,655
9041 Westfield Boulevard, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2790 Sq. Ft.	$412,701
8888 Cholla Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 3730 Sq. Ft.	$396,773

Address	Redfin Estimate
8839 El Rico Drive, Indianapolis, IN 3 Beds \| 2 Baths \| 1203 Sq. Ft.	$387,192
8848 El Rico Drive, Indianapolis, IN 3 Beds \| 3.5 Baths \| 4332 Sq. Ft.	$459,116
8827 El Rico Drive, Indianapolis, IN 3 Beds \| - Baths \| 1248 Sq. Ft.	$411,668
8816 El Rico Drive, Indianapolis, IN 3 Beds \| 2 Baths \| 1370 Sq. Ft.	$377,219
8840 El Rico Drive, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2486 Sq. Ft.	$433,277
2107 E 91st Street, Indianapolis, IN 3 Beds \| 2 Baths \| 1864 Sq. Ft.	$347,294
2111 E 91st Street, Indianapolis, IN 3 Beds \| - Baths \| 1215 Sq. Ft.	$296,922

Address	Redfin Estimate
8822 El Rico Drive, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2140 Sq. Ft.	$412,411
8815 El Rico Drive, Indianapolis, IN 3 Beds \| - Baths \| 1736 Sq. Ft.	$365,495
8821 El Rico Drive, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1986 Sq. Ft.	$337,297
8841 El Rico Drive, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2352 Sq. Ft.	$343,337
8889 Cholla Road, Indianapolis, IN 5 Beds \| 3 Baths \| 3761 Sq. Ft.	—
9085 Westfield Boulevard, Indianapolis, IN 4 Beds \| 2 Baths \| 2124 Sq. Ft.	$358,350
8811 Cholla Road, Indianapolis, IN 3 Beds \| 2 Baths \| 3011 Sq. Ft.	$447,385

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