OFF MARKET

Off market nov 2015 for $271K

$459,116

•

4,332

sq ft

8848 El Rico Dr, Indianapolis, IN 46240

About this home

Fabulous custom built brick ranch w/full fin bsmt on 1.28 acre lot! Huge open flr pln. Gorgeous sunrm looks out over 650 sq ft deck w/built-in firepit. Beautiful oak cathedral cabs w/lots of counter space. All Kit applcs included. GR w/cath ceil & skylights. MBR w/tray ceil & huge MBA w/garden tub. Awesome bsmt w/huge fam rm, office & craft rm plus tons of storage space. 2 sump pumps. 2 water heaters for fast hot water. Lg 16'x16' mini barn. Priced to sell. Walk to North Central high school.

Single-familyProperty Type

1999Year Built

140 sq ftLot Size

$106Est. Price/Sq.Ft.

2 car garageParking

Listed by Dale Hammond • Carpenter, REALTORS®

Listed by Roberta Anderson

Contact: dale@indyhouses.com

Bought with Jennifer Thompson • Values Driven Realty, Inc.

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21351490

Redfin Estimate

$459,116

$188K since sold in November 2015$18K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.8% higher than the average sale price ($422K) of 5 comparable homes.

SOLD OCT 21, 2026
$289,900
A
3 beds2.5 baths1,732 sq ft
2227 Calaveras Way, Indianapolis, IN 46240
SOLD OCT 14, 2026
$405,000
B
4 beds2.5 baths3,346 sq ft
8754 Nora Woods 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 JUN 25, 2026
$710,000
D
3 beds2.5 baths2,281 sq ft
9861 Bucklebury Ln, Carmel, IN 46280
SOLD SEP 15, 2026
$250,000
E
3 beds2 baths1,682 sq ft
2346 Calaveras Way, Indianapolis, IN 46240

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Earn from this home

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$265,678

Est. take-home

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$1,918/mo

Redfin rental estimate

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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

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Provided by Redfin

Sale history for 8848 El Rico Dr

Year

Property tax

Land + Additions

Assessment*

2025

$7,572 (+4.3%)

$122,500 + $433,100

$555,600

2024

$7,258 (+1.2%)

$122,500 + $373,800

$496,300

2023

$7,176 (+14.4%)

$122,500 + $373,800

$496,300

2022

$6,274 (+9.6%)

$122,500 + $373,800

$496,300

2021

$5,727 (+38.4%)

$40,100 + $361,200

$401,300

2020

$4,137 (+10.9%)

$40,100 + $361,200

$401,300

2019

$3,730 (+5.7%)

$40,100 + $260,300

$300,400

2018

$3,528 (+1.4%)

$40,100 + $247,700

$287,800

2017

$3,479 (+14.4%)

$40,100 + $238,000

$278,100

2016

$3,040 (+12.1%)

$40,100 + $238,000

$278,100

2015

$2,713 (−50.6%)

$40,100 + $218,800

$258,900

2014

$5,496 (+7.8%)

$40,100 + $210,700

$250,800

2013

$5,097

$40,100 + $226,600

$266,700

Tax history for 8848 El Rico Dr

Year

Property tax

Land + Additions

Assessment*

2025

$7,572 (+4.3%)

$122,500 + $433,100

$555,600

2024

$7,258 (+1.2%)

$122,500 + $373,800

$496,300

2023

$7,176 (+14.4%)

$122,500 + $373,800

$496,300

2022

$6,274 (+9.6%)

$122,500 + $373,800

$496,300

2021

$5,727 (+38.4%)

$40,100 + $361,200

$401,300

2020

$4,137 (+10.9%)

$40,100 + $361,200

$401,300

2019

$3,730 (+5.7%)

$40,100 + $260,300

$300,400

2018

$3,528 (+1.4%)

$40,100 + $247,700

$287,800

2017

$3,479 (+14.4%)

$40,100 + $238,000

$278,100

2016

$3,040 (+12.1%)

$40,100 + $238,000

$278,100

2015

$2,713 (−50.6%)

$40,100 + $218,800

$258,900

2014

$5,496 (+7.8%)

$40,100 + $210,700

$250,800

2013

$5,097

$40,100 + $226,600

$266,700

*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

3.5

Stories

Lot width

180 ft.

Lot depth

310 ft.

Lot size

1.28 Acres

Year renovated

1999

Sq. Ft.

2,166

Year built

1999

Style

Single Family Residential

County

Marion County

APN

490218121036000800

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 19, 2026.

TOD

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

Transit Oriented Development Secondary Zoning District
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

Property details

Parking

Parking Information
Garage Parking Other: Finished Garage
Parking Features: Attached, Concrete, Garage Door Opener
Garage Spaces: 2
Has Garage

Interior

Virtual Tour

Interior Sq. Ft. Information
Building Area Total: 4332
Living Area: 2166
Main Level Sq. Ft.: 2166
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 1949

Bedroom Information
Primary Bedroom Description: Tub Full with Separate Shower,Tub Garden,Closet Walk in
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 3
# of Half Baths (Total): 1
# of Full Baths (Main): 2
# 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: 2

Room 1 Information
Room Type: Bonus Room
Room Features: Carpet
Room Dimensions: 15x15
Room Level: Basement

Room 2 Information
Room Type: Bonus Room
Room Features: Carpet
Room Dimensions: 15x14
Room Level: Basement

Room 3 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 12x11
Room Level: Main

Room 4 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Main

Room 5 Information
Room Type: Breakfast Room
Room Dimensions: 14x09
Room Level: Main

Room 6 Information
Room Type: Dining Room
Room Features: Carpet
Room Dimensions: 14x12
Room Level: Main

Room 7 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 37x14
Room Level: Basement

Room 8 Information
Room Type: Great Room
Room Features: Carpet
Room Dimensions: 20x18
Room Level: Main

Room 9 Information
Room Type: Kitchen
Room Dimensions: 14x13
Room Level: Main

Room 10 Information
Room Type: Living Room

Room 11 Information
Room Features: Carpet
Room Dimensions: 16x15
Room Level: Main

Room 12 Information
Room Type: Sun Room
Room Features: Carpet
Room Dimensions: 16x13
Room Level: Main

Other Rooms Information
# of Rooms: 11

Laundry Room Information
Laundry Features: Main Level

Basement Information
Has Basement
Basement Features: Ceiling - 9+ feet, Finished, Sump Pump Dual

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

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

Interior Features
Interior Features: Attic Access, Cathedral Ceiling(s), Raised Ceiling(s), Skylight(s), Windows Thermal, Wood Work Painted, Breakfast Bar, Pantry
Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Refrigerator, Gas Water Heater, Water Softener Owned
Areas Interior: Utility Room

Exterior

Building Information
Percent Optional Level Finished: 75+%

Exterior Features
Patio And Porch Features: Deck Main Level, Covered Patio
Exterior Features: Barn Mini

Property Information
Ownership Interest Types: No Assoc,None
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1-3 Acres

Lot Information
Lot Size Acres: 1.281
Lot Features: Suburb, Mature Trees, Trees-Small (Under 20 Ft)

Utilities

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

Location

School Information
High School District: MSD Washington Township

Location Information
Directions: West from Keystone on E 86th to El Rico. Turn Right or North or East from Westfield Blvd to El Rico turn Left.
Tax Legal Description: PT W1/2 SW1/4 S18 T17 R4

Public facts

Beds: 3
Baths: 3.5
Sq. Ft.: 2,166
Stories: 1.0
Lot Size: 1.28 acres
Style: Single Family Residential
Year Built: 1999
Year Renovated: 1999
County: Marion County
APN: 490218121036000800

Home facts updated by county records on Oct 19, 2026

Other

Listing Information
Attribution Contact: dale@indyhouses.com

Home Information
Foundation Details: Concrete Perimeter
Construction Materials: Brick
Levels: One
Security Features: Carbon Monoxide Detector(s)

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 • 0.8mi

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

$437,000 – $528,000

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Home values near 8848 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
8821 El Rico Dr, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1986 Sq. Ft.	$337,297
8841 El Rico Dr, Indianapolis, IN 3 Beds \| 2.5 Baths \| 2352 Sq. Ft.	$343,337
1950 East 91st St, Indianapolis, IN 5 Beds \| 3 Baths \| 3889 Sq. Ft.	$530,679
2004 East 91st St, Indianapolis, IN 3 Beds \| 3.5 Baths \| 3727 Sq. Ft.	$471,722
8888 Cholla Rd, Indianapolis, IN 3 Beds \| 2.5 Baths \| 3730 Sq. Ft.	$396,773

Address	Redfin Estimate
8822 El Rico Dr, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2140 Sq. Ft.	$412,411
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
8852 El Rico Dr, Indianapolis, IN 3 Beds \| 2 Baths \| 1516 Sq. Ft.	$204,655
8889 Cholla Rd, Indianapolis, IN 5 Beds \| 3 Baths \| 3761 Sq. Ft.	—
2107 East 91st St, Indianapolis, IN 3 Beds \| 2 Baths \| 1864 Sq. Ft.	$347,294
2111 East 91st St, Indianapolis, IN 3 Beds \| - Baths \| 1215 Sq. Ft.	$296,922

Address	Redfin Estimate
8844 El Rico Dr, Indianapolis, IN - Beds \| 1 Baths \| 2054 Sq. Ft.	$435,225
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
8840 El Rico Dr, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2486 Sq. Ft.	$433,277
9041 Westfield Blvd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2790 Sq. Ft.	$412,701
9085 Westfield Blvd, Indianapolis, IN 4 Beds \| 2 Baths \| 2124 Sq. Ft.	$358,350
8815 Cholla Rd, Indianapolis, IN 3 Beds \| - Baths \| 1904 Sq. Ft.	$381,288

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2015. This data may not match . Learn more.

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